11/27/2024
Fed Minutes: Gradual Rate Cuts and the Possibility of a Pause
Minutes from the Federal Reserve’s most recent policy meeting showed that Fed officials generally favored caution on future rate cuts as the economy remains robust and inflation slowly cools. According to the minutes, “participants expect that a gradual transition to a more “neutral” policy stance over time may be appropriate if data are about the same as expected, inflation continues to fall sustainably to 2%, and the economy remains near maximum employment.”
by Darkex Reseach – 1 min read
Buying Opportunities in Bitcoin: Standard Chartered Forecasts
Bitcoin price started the week with a decline and fell below $ 92,000. Standard Chartered analysts maintain their targets of $ 125,000 for the end of the year and $ 200,000 for the end of 2025, while pointing out certain purchase levels to their clients.
by Darkex Reseach – 1 min read
Record Bug Bounty Program from Uniswap Labs
Uniswap Labs has announced the largest bug bounty program in history for the Uniswap v4 core contract. The total reward pool for this program, which was launched to identify vulnerabilities, was announced as $15.5 million.
by Darkex Reseach – 1 min read
Starknet Becomes the First Ethereum Layer-2 Network to Offer Staking
Ethereum Layer-2 scaling solution Starknet announced the launch of staking support. This feature represents a first among Layer-2 networks, allowing users to generate revenue by staking tokens.
by Darkex Reseach – 1 min read
Pump.fun Continues to Dominate Solana DEX Trading Volume
Pump.fun accounted for 62.3% of Solana’s decentralized exchange (DEX) trading volume in November. For three months running, the platform has contributed more than 60% of Solana DEX trading volume. By allowing users to create tokens for free, Pump.fun has enabled the emergence of many of the popular meme coins.
by Darkex Reseach – 1 min read
Big SOL Transfer from Pump.fun to Kraken
According to on-chain data, Pump.fun has transferred 99,999 SOL (about $22.74 million) to the Kraken exchange. So far, a total of 893,242 SOL have been deposited to this address at an average price of $164. Pump.fun’s total earnings amounted to approximately 1,487 million SOL ($344.85 million).
by Darkex Reseach – 1 min read
Pro-Crypto Paul Atkins Possibility for SEC Chairmanship
In the event that Donald Trump is re-elected president, the name that will replace SEC Chairman Gary Gensler is a matter of curiosity. Former SEC executive Paul Atkins, known to be pro-crypto, stands out as the strongest candidate for the new presidency.
by Darkex Reseach – 1 min read
728,000 Bitcoins Sold in the Last 1 Month: 7-Month Record
As the price of Bitcoin fell as low as $91,750, CryptoQuant data revealed that long-term investors sold a total of 728,000 BTC in the last month. This sales volume reached the highest level in the last seven months.
by Darkex Reseach – 1 min read
China’s Joint Action Plan for Digital Finance
The People’s Bank of China and seven departments have released a comprehensive Action Plan to promote the growth of the digital finance sector. The plan includes priority areas such as supporting digital RMB pilots, green finance, and sci-tech finance. It also aims to improve the quality and efficiency of financial services.
by Darkex Reseach – 1 min read
‘CONSENT’ Meme Coin Race from MetaMask Founders
MetaMask co-founder Dan Finlay launched a token called “CONSENT” on the Warpcast platform. Then, a meme coin with the same name appeared on the Solana network. Finlay said he launched this experiment to benchmark the performance of the two tokens. As a result of the competition between the CONSENT tokens on the Warpcast and Solana networks, only one will survive.
by Darkex Reseach – 1 min read
