Burak Köse 
Cowen examined Ethereum’s historical average monthly return on investment (ROI). His analysis suggests that the third quarter, the summer months, may not be the best time to accumulate or hold ETH. Instead, historical data suggests that the best periods to accumulate Ether are late in the fourth quarter or early in the first quarter.
Tether, the issuer of the stablecoin USDT, published its consolidated reserve report for the second quarter of 2023 on Monday. The company showed consolidated assets of at least $86.5 billion against total liabilities of $83.2 billion. In the first quarter, Tether had consolidated total assets
As the repercussions of the hack attack on decentralized exchange Curve Finance continue to reverberate, MakerDAO co-founder Rune Christensen argues that what happened to the Curve protocol may mark the final collapse before the start of the bull season. In a Twitter post, Christensen said
Ron DeSantis, one of the US presidential candidates, known for his support for Bitcoin as well as his opposition to CBDC, stated that the current president Biden and his administration waged a war against Bitcoin and cryptocurrencies and that he would end it himself.
In the case of Terraform Labs and Do Kwon, where the SEC filed an unregistered investment contract lawsuit, a federal judge found in favor of the organization and clearly departed from the decision in the Ripple case. Judge Jed Rakoff stated that he did not distinguish between sales to the public and sales to institutional firms in the secondary market, like the decision in the Ripple case, and that he disagreed with the decision in the Ripple case.
Curve Finance founder Michael Egorov’s cheap CRV tokens are attracting attention. Egorov, who has a large DeFi position in jeopardy, is currently selling CRV tokens, which are currently priced at $ 0.59, at $ 0.40. With Justin Sun among the buyers, Egorov has so far sold 39 million CRV tokens in over-the-counter transactions, generating about $15.8 million USDT.
In a statement made by the US Department of Finance, it was stated that earnings from verification in “proof of stake” systems should be counted in the annual gross income item.
Binance Japan made the expected announcement and officially revealed the tokens it will support on its platform in the country. As reported in the Japanese media, the exchange has selected 34 cryptocurrencies and tokens for spot trading. The following cryptocurrencies and tokens will be supported
Coinbase, the largest cryptocurrency exchange in the US, will announce its Q2 earnings report on August 3rd. While industry analysts’ expectations were negative, shares started the day with a decline.
Mark Carnegie, one of the co-founders of the Carnegie investment firm, stated in the program that a big wave is coming in crypto, and the triggering factor is the ETF applications of companies such as BlackRock and Fidelity.