Odaily Planet Daily News: According to official sources, users with Binance Alpha points greater than or equal to 200 can participate in the Velvet (VELVET) TGE activity through the Alpha activity page. Participating in this activity will cost 15 points.
Odaily Planet Daily News: According to official sources, the Memo coin project MAOMAO will soon undergo IDO, with a 5% tax generated for each MAOMAO transaction, of which 2% will be automatically distributed to holders as dividends to incentivize long-term holdings, aiming to create a stable and sustainable ecosystem.
Odaily Planet Daily News: Goldman Sachs stated that there is reason for the US dollar to soon begin trading as a "high-risk" currency, but Goldman Sachs has not yet seen a permanent shift in the safe haven appeal of the US dollar. Analysts wrote in the report that policy uncertainty remains high, ranging from tariffs to the independence of the Federal Reserve. (Golden Ten)
According to CoinDesk, Markus Thielen, founder of 10x Research, pointed out in a client report on Thursday that since late April 2025, the inflow of Bitcoin ETF funds has surged, mainly due to pressure from Trump and others on the Federal Reserve. Trump publicly demanded that Chairman Powell lower interest rates to 1% and resign, and Federal Housing Finance Agency Director Bill Pulte and Senator Cynthia Lummis also called for Powell to step down. Meanwhile, the minutes of the Federal Reserve's July meeting showed that officials were increasingly divided on policy. The continuous inflow of ETF funds and the increasing pressure of interest rate cuts have forced previously hesitant traders to re-enter the market, driving the recovery of the bullish momentum in cryptocurrency. Thielen stated that since mid April, Bitcoin ETFs have purchased $15 billion worth of Bitcoin without interruption, and stable demand is forcing traders to re-enter the market. Based on the seasonal performance in July and macro catalysts, the market still supports further upward momentum.
The price of Ouyi OKX PENGU/USDT has reached a new high in nearly 3 months, now reported at 0.017525 US dollars, up 17.67% in 24 hours, with a turnover of 19.08 million US dollars.
After reaching a new high in price, there is a high probability of a price correction. (AiCoin Research Institute)
