Hakan Ateşler 
Core personal consumption expenditure data (PCE) for August was announced in the US. PCE, one of the data that the Fed pays the most attention to the course of inflation, has been unprecedentedly low and below expectations since February 2021.
The locked asset value (TVL) on Base, one of the Ethereum network layer 2 projects and backed by Coinbase, has exceeded $2 billion for the first time. The rate of increase in TVL since the beginning of the year has been 370%.
It was claimed that there will be an objection from the SEC in the securities case that resulted in Ripple’s victory last year, albeit partially. A lawyer who left his position at the SEC stated that the institution will appeal the judge’s decision that XRP’s exchange sales are not investment contracts.
Famous investor Arthur Hayes stated that he expects another rise in meme coins. Hayes, who pointed to 3 meme coins in particular, said that the elections in Japan could also closely affect cryptocurrencies.
While financial markets are expecting rises in risk assets with the start of the Fed’s interest rate cuts, a crypto whale bought two meme coins from two exchanges. The whale made a total purchase of $1.6 million.
Chainlink, which has been experimenting with tokenisation with many companies and institutions, including the SWIFT system, has published a report on this issue and stated that the tokenised asset market could have a market value of $10 trillion in 2030.
US presidential candidate Kamala Harris, who continues her travels as part of her election campaign, pronounced the word ‘blockchain’ for the first time in her speech last night. Stating that the US should be the leading and dominant power in this field, Harris promised investors and consumers a safe and transparent law.
The Binance exchange has introduced a new service to its users. Stating that it will soon announce pre-market transactions with a new project, the exchange will give Launchpool tokens the right to access Launchpool tokens in advance and buy or sell before spot listing.
Visa, one of the world’s largest payment companies, has created a platform for financial institutions, including banks, to issue fiat money-backed tokens and test their usage areas. BBVA, one of the largest in Spain, has also started using this platform.
It is seen that the recent economic troubles in China, which saw signs of monetary expansion yesterday, have pushed investors to the crypto area. According to the research of the blockchain analysis firm Chainalysis, $75.4 billion entered OTC platforms in China in the 3 quarter period until June.