Key Takeaways Macro Environment: The positive effect of Fed rate-cut expectations quickly faded, with U.S. equities retreating collectively after just one day of rebound. Market focus has shifted back to U.S. corporate earnings outlook, as investors await Nvidia’s earnings report this week .
The crypto market experienced severe turbulence on Sunday after a Bitcoin whale, dormant for over five years, abruptly liquidated their entire balance of 24,000 BTC (worth approximately $2.7 billion). This move triggered a rapid $4,000 flash crash in Bitcoin's price within minutes and caused massiv.
Key Takeaways Macro Environment: At Jackson Hole, Powell struck a dovish tone, noting rising downside risks in the labor market and stating that further tightening may not be necessary. Expectations for a September rate cut surged, driving all three major U.S. indices sharply higher. Small-cap st.
MetaMask, the world's leading self-custodial cryptocurrency wallet, has announced the launch of its new dollar-backed stablecoin, MetaMask USD ($mUSD). This move marks a significant strategic step toward simplifying the user experience and bridging the decentralized Web3 world with traditional fina.
Key Takeaways Macro Environment: The U.S. S&P Global Manufacturing PMI for August unexpectedly hit a three-year high. Meanwhile, Fed’s Harker stated he does not support a September rate cut, driving market expectations for a September cut down to 75%. With increased uncertainty over mon...
KuCoin is thrilled to announce its 31st token sale with AKEDO (AKE) on KuCoin Spotlight has officially concluded the subscription with overwhelming success! The event saw incredible participation, with a total of nearly 10,000 users participating and over $25 million raised. The subscription was ov.
KuCoin, a leading global cryptocurrency exchange, has successfully completed its highly anticipated Spotlight token sale for the AKEDO (AKE) project. As the 31st Spotlight campaign and the second following a comprehensive product upgrade, this event not only introduced a promising new project to th.
Key Takeaways Macro Environment: Ahead of the U.S. market open, concerns over overvaluation triggered continued sell-offs in tech stocks. During trading, the Fed’s meeting minutes struck a hawkish tone, with most members seeing inflation as a bigger risk than employment. The hawkish tone ca.
The world of cryptocurrency, for all its revolutionary promise, remains a volatile frontier. A recent security report from KuCoin highlights this reality, bringing to light a series of vulnerabilities that have rattled the industry. Among the most alarming incidents detailed is a suspected "51% att.
To all members of the KuCoin community and investors who follow innovative projects: We are about to witness an event not to be missed! Following the comprehensive upgrade of our Spotlight product, we are thrilled to announce that the highly anticipated project AKEDO is officially launching on the .
On August 14, Turkish cryptocurrency exchange BtcTurk was forced to suspend withdrawals following a suspected $48 million hack, once again sounding an alarm for the entire crypto industry. This incident is not just another security breach but a serious reminder that behind the convenience of centra.
Key Takeaways Macro Environment: An MIT report revealed that as much as 95% of companies have gained zero returns from their generative AI investments. The report shattered Wall Street’s optimism about AI and triggered a sharp sell-off in tech stocks. The Nasdaq closed down 1.46%, marking i.
KuCoin Spotlight is thrilled to announce its 31st token sale with AKEDO (AKE), a Web3 gaming platform focused on sustainable and fair-to-play ecosystems. This highly anticipated event offers a unique opportunity for users to get in on the ground floor of a promising project. Mark your calendars and.
To all members of the KuCoin community and investors who follow innovative projects, we are about to witness an event not to be missed! We are thrilled to announce that the highly anticipated AKEDO project is officially launching on the KuCoin Spotlightplatform, kicking off a new rou...
Key Takeaways Macro Environment: After meeting with Ukrainian President Zelensky, Trump called Putin, announcing the start of preparations for a trilateral meeting. Both the U.S. and Russia expressed support for direct Russia-Ukraine negotiations. Financial markets reacted calmly—U.S. equit.
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