Fed Chair Jerome Powell Expected to Set Stage for September Rate Cut
Bitcoin remains nearly 20% below its all-time high, while U.S. stocks and gold are at or within close shouting distance of record levels.
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Tim Draper leads $2.5 million funding round for crypto startup Ark Labs
Ark Labs, a three-month old startup developing solutions to speed up bitcoin transactions and lower costs, has raised $2.5 million in a pre-seed funding round led by billionaire investor Tim Draper. Besides venture capital firm Draper Associates, Fulgur Ventures, Axiom Capital and angel investor Stephen Cole also participated in the round, the startup said on Thursday.
Memecoin Frenzy Reaches Tron as Justin Sun-Backed SunPump Rakes in Big Bucks
The memecoin generator launched in mid-August and has crossed $1 million in revenues in its first nine days - a large amount considering Tron’s low fees.
Stablecoin Issuing System M^0 Employs Fireblocks for Crypto Custody
M^0 allows stablecoin issuers to incentivize distributors, liquidity providers and so on by programmatically sharing yield among an ecosystem of users.
Crypto Asset Manager Grayscale Offers AVAX Token Investment in New Avalanche Trust
The provider of bitcoin and ether ETFs now offers more than 20 crypto investment products.
Avalanche Becomes Latest Blockchain to Support Franklin Templeton's Tokenized Money Market Fund
The fund, which launched in 2021, currently stands at a $420 million market cap.
Crypto Asset Manager Grayscale Offers AVAX Token Investment in New Avalanche Trust
The provider of bitcoin and ether ETFs now offers more than 20 crypto investment products.