EddieJayonCrypto

 30 Aug 24

tl;dr

• The Personal Consumption Expenditures (PCE) numbers come out today; these are the numbers preferred by the Fed• Custodia Bank has laid off 25% of its workforce due to regulatory pressures from the Biden administration's crypto crackdown, while Trump's pro-crypto stance offers hope for the industry...

• The Personal Consumption Expenditures (PCE) numbers come out today; these are the numbers preferred by the Fed
• Custodia Bank has laid off 25% of its workforce due to regulatory pressures from the Biden administration's crypto crackdown, while Trump's pro-crypto stance offers hope for the industry.
• Cardano's upcoming Chang hard fork could significantly increase ADA's market value and place control in the hands of the community, marking a pivotal moment for the Cardano ecosystem.
• Bitcoin ETFs, including BlackRock's iShares Bitcoin Trust, have seen negative flows for the first time since May, signaling a shift in investor sentiment.
• WazirX's holding company has filed for a moratorium in Singapore and earmarked $12M for legal fees after a cyberattack led to substantial crypto losses, suspending withdrawals and initiating efforts to recover funds.

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