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COINDESK: BITCOIN, ETHEREUM, CRYPTO NEWS AND PRICE DATA LATEST HEADLINES FROM COINDESK. * Ether Slides 20% as Trading Firm Moves $46M in ETH by Omkar Godbole on August 5, 2024 at 5:02 am A wallet supposedly associated with Jump Trading moved 17,576 ETH to centralized exchanges, according to Spot On Chain. * Bitcoin Tumbles to $53K, Ether Turns Negative for 2024 as Panic Grips Markets by Stephen Alpher on August 5, 2024 at 1:29 am Japan’s Nikkei fell more than another 6% early Monday, bringing that index’s three-day decline to about 15%. * Bitcoin Plunges Under $60K; Crypto Bulls Lose $200M as Dogecoin, Solana Tokens Drop 10% by Shaurya Malwa on August 4, 2024 at 3:16 pm Crypto bulls lost nearly $200 million in the past 24 hours as the week’s sell-off worsened over the weekend. * On-Device Proofs Solve DePIN Verification Challenges by Wyatt Benno, Houman Shadab on August 2, 2024 at 9:27 pm Zero-knowledge proofs generated on DePIN devices are the best way to provide robust verification for service, performance, and location data while maintaining decentralization and privacy, argue NovaNet cofounders Wyatt Benno and Houman Shadab. * As Trump Suggests Crypto as a Fix to U.S. Debt, Harris Camp Highlights His Remarks by Jesse Hamilton on August 2, 2024 at 7:20 pm Former President Donald Trump heaped more praise on the “very, very smart people” of the crypto industry in an interview broadcast on Friday, suggesting that the U.S. embracing Bitcoin {{BTC}} could aid in addressing the $35 trillion U.S. national debt. Though Vice President Kamala Harris, his presumptive Democratic opponent in the presidential race, hasn’t yet made any policy statements about her own view on cryptocurrency, one of her campaign […] * How DePINs Address AI’s GPU Gap and Ethics Problems by Mark Rydon on August 2, 2024 at 6:12 pm The future of AI depends on our ability to build a more inclusive, equitable, and decentralized computational landscape, says Mark Rydon, co-founder of Aethir. * Coinbase’s ‘Solid’ Earnings May Get Derailed by Low Volume, Fed Headwinds, Analysts Say by Helene Braun on August 2, 2024 at 5:32 pm The company reported better-than-expected second-quarter earnings on Thursday but saw a strong downtick in revenue from transaction fees, its main source of income. * MicroStrategy Bull Doubles Down on The Stock by Raising Price Target to Wall Street High by Helene Braun on August 2, 2024 at 4:09 pm The broker raised its year-end price target for the software company to $2,150 from $1,875. * France Opens for MiCA Applications, First Among Biggest EU Economies by Camomile Shumba on August 2, 2024 at 4:04 pm France’s Autorité des Marchés Financiers said it started accepting applications for crypto asset services provider licenses on July 1. * Bitcoin Slumps Below $63K, Altcoins Rekt, as Crypto Succumbs to Risk Off Mood by Stephen Alpher on August 2, 2024 at 3:39 pm Major U.S. stock indexes are suffering 2.5%-3.5% declines on Friday. * Morgan Stanley to Offer Bitcoin ETFs to Wealthy Clients: CNBC by Jamie Crawley on August 2, 2024 at 3:11 pm The move will take effect on Wednesday and will be open to clients with a net worth of at least $1.5 million. * Make America Mine Again: How Donald Trump’s Plan for U.S. Bitcoin Dominance Could Trigger a New Digital Gold Rush by Jean-Marie Mognetti on August 2, 2024 at 2:59 pm The U.S.’s pursuit of Bitcoin mining dominance could offer a golden ticket to national renewal, with our projections suggesting it could contribute to $30.6 billion in GDP and 54,000 jobs by 2028 if the U.S. captures 90% of the global market. * Protocol Village: Arthur Hayes Releases NFT Collection ‘Airheads’ on Bitcoin Ordinals by Bradley Keoun on August 2, 2024 at 2:24 pm The latest in blockchain tech upgrades, funding announcements and deals. For the period of Aug. 1-7. * CoinDesk 20 Performance Update: Index Gains 1.2% With BCH and ETC Leading by CoinDesk Indices, Tracy Stephens on August 2, 2024 at 1:51 pm The CoinDesk 20 gains 1.2% overnight with BCH up 3.0% and ETC up 2.5%. * U.S. Added Just 114K Jobs in July, Unemployment Rate Shoots Up to 4.3% by Stephen Alpher on August 2, 2024 at 12:44 pm * Crypto Exchange Bybit Withdraws From France in Response to Regulations by Camomile Shumba on August 2, 2024 at 12:41 pm It has always been Bybit’s primary objective to operate our business in compliance with all relevant rules and regulations, the company said in its post. * First Mover Americas: BTC Warnings Finger Drop to $55K by Jamie Crawley, Omkar Godbole on August 2, 2024 at 12:01 pm The latest price moves in bitcoin (BTC) and crypto markets in context for Aug. 2, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets. * Kujira Foundation’s Tokens Stung by Its Own Leveraged Positions as Bets Backfire by Shaurya Malwa on August 2, 2024 at 11:52 am The developers said the team’s positions were “targeted” and they plan to create an operational DAO to take ownership of the Kujira Treasury and core protocols. * Risks Are Skewed to a Weaker Nonfarm Payrolls Print, ING Says by Omkar Godbole on August 2, 2024 at 10:52 am A weak report will likely bolster Fed rate-cut expectations and potentially support risk assets, including bitcoin. * Kamala Harris Can’t Cede Crypto to Trump, Could be Difference in Battleground States: Think Tank by Amitoj Singh on August 2, 2024 at 9:44 am The Presumptive Democratic U.S. presidential nominee cannot afford to cede crypto to Donald Trump and luring crypto voters and donations away could “make a difference in key battleground states,” OMFIF wrote. * ARK Invest Sold $14.8M of Coinbase Shares Thursday Ahead of the Exchange’s Earnings Report by Jamie Crawley on August 2, 2024 at 9:04 am Coinbase revenue beat Wall Street analysts’ expectations, while profit came in lower than the consensus. * Hong Kong’s Futu Launches Bitcoin, Ether Trading, Offers Alibaba, Nvidia Shares as Rewards: Report by Amitoj Singh on August 2, 2024 at 8:41 am For the moment, only bitcoin and ether can be traded, while the company works on “expanding our crypto offerings in the near future.” * Bitcoin Risk-Reward Remains Compelling Even After Price Surges 100% in a Year by Omkar Godbole on August 2, 2024 at 7:52 am Long-term holders are motivated to hold at bitcoin’s going market rate, implying an attractive risk-reward for existing or potential investors, according to the “reserve risk” indicator. * Bitcoin Traders Eye $55K Amid U.S. Stocks Sell-off, XRP Leads Losses in Major Cryptos by Shaurya Malwa, Sam Reynolds on August 2, 2024 at 7:36 am Traditional markets from the U.S. to Japan saw declines across major indexes and stocks, with the tremors seeping into the cryptocurrency market. * Indian Survey Reveals Impact of Crypto Taxes and Anti-Money Laundering Rules on Investors by Amitoj Singh on August 2, 2024 at 6:25 am India should consider revising its taxes on crypto and not depend on its anti-money laundering rules to reverse the impact of those high taxes, a survey of Indian investors by a New Delhi-based technology policy think tank revealed. * Bitcoin as a Strategic Reserve by Nikhilesh De on August 2, 2024 at 4:30 am Over the weekend, former U.S. President and current Republican nominee Donald Trump and a number of lawmakers spoke at the Bitcoin Nashville conference. The biggest piece of news everyone has been talking about was Trump and Sen. Cynthia Lummis’ proposals to create a strategic reserve for Bitcoin, but the event also served as Sen. Tim Scott’s entry into actual crypto discussion. * Bitcoin Miner Marathon’s Shares Tumble After Revenue Unexpectedly Misses Wall Street’s Estimates by Aoyon Ashraf on August 1, 2024 at 9:13 pm The miner said its adjusted EBITDA swung to loss, compared to previous quarter’s profit. * Coinbase Shares Rise After Q2 Revenue Beats Wall Street Estimates Amid Falling Trading Volume by Helene Braun on August 1, 2024 at 8:37 pm Coinbase (COIN) reported second-quarter earnings on Thursday. * MicroStrategy Reports Q2 Loss; Bitcoin Holdings Rise to 226,500 by Helene Braun on August 1, 2024 at 8:23 pm MicroStrategy reported second-quarter earnings on Thursday. * DeFi Protocol Convergence Hacked, CVG Token Plunges 99% on Curve by Krisztian Sandor on August 1, 2024 at 6:55 pm CRYPTOPOTATO CRYPTO BLOG * Ethereum Prices Dump 23% in Massive Market Plunge, Where to Next For ETH? by Martin Young on August 5, 2024 at 5:36 am Ethereum has been one of the hardest-hit digital assets in the latest half-a-trillion-dollar crypto market rout. * The Reason Behind Bitcoin’s Price Crash: Arthur Hayes Speculates by George Georgiev on August 5, 2024 at 5:20 am Arthur Hayes came up with a tweet suggesting a possible reason behind the ongoing market crash. * To Lose $17,000 in a Week: Bitcoin Plunges to 5-Month Lows at $53,000 by Jordan Lyanchev on August 5, 2024 at 4:21 am BTC dumped to its lowest price position since late February. * New Research Model Sheds Light on Cryptocurrency Market Drivers by Martin Young on August 5, 2024 at 4:13 am A recent research paper by prominent crypto companies and a Danish university has provided insight into how traditional financial factors affect crypto market movements. * April’s Bitcoin Halving Drives Riot Platforms’ Widened Q2 Losses by Chayanika Deka on August 4, 2024 at 9:28 pm Riot Platforms recently acquired another Block Mining. * Ripple Price Analysis: Here’s Why XRP is Plunging Toward $0.5 and What to Expect Next by CryptoVizArt on August 4, 2024 at 7:18 pm Ripple has encountered significant selling pressure near the $0.64 resistance level, leading to a sharp decline toward a critical support area around the 200-day moving average at $0.54. The key question now is whether this drop is merely a temporary correction or the beginning of a more sustained bearish phase. XRP Analysis By Shayan The * Crypto Hacks Surge in July 2024, PeckShield Reports $266M in Losses by Chayanika Deka on August 4, 2024 at 6:22 pm WazirX suffered the largest crypto hack of July, losing $230 million, overshadowing other security breaches. * Bitcoin (BTC) Suddenly Plummets to $57K, Leaving $350 Million in Liquidated Positions by Jordan Lyanchev on August 4, 2024 at 6:08 pm BTC has dumped by roughly $13,000 since last Monday. * Stablecoin Market Cap Hits $164B, Extending 10-Month Growth Streak: CCData by Wayne Jones on August 4, 2024 at 2:55 pm Circle’s USD Coin (USDC) saw a surge in July trading volume due to increased market funds and new European digital asset regulations. * 3 Possible Reasons Behind Bitcoin’s $10,000 Weekly Price Dump by Jordan Lyanchev on August 4, 2024 at 11:16 am Bitcoin fell from a multi-week peak of $70,000 to under $60,000 in the span of less than seven days. CRYPTOSLATE CRYPTOCURRENCY NEWS AND REAL-TIME COIN DATA * Bitcoin falls to $57k as market bleeds amid fears of recession, war by Assad Jafri on August 4, 2024 at 5:47 pm Bitcoin (BTC) fell below key support levels as markets continued to bleed over the weekend due to fears of an impending global recession and escalating tensions in the Middle East. The flagship crypto has fallen more than 8% since the start of the weekend to $57,040 — the lowest price recorded in almost three weeks. The post Bitcoin falls to $57k as market bleeds amid fears of recession, war appeared first on CryptoSlate. * Bitcoin’s 12-month dormant supply has fallen to 66% from 70% at the start of 2024 by News Desk on August 3, 2024 at 2:00 am Onchain Highlights DEFINITION: The percent of circulating supply that has not moved in at least 1 year. Bitcoin’s supply last active over a year ago has shown a recent decline, reflecting market conditions and holder behavior shifts. The percentage of dormant supply has decreased from approximately 70% at the start of 2024 to around 66% The post Bitcoin’s 12-month dormant supply has fallen to 66% from 70% at the start of 2024 appeared first […] * Polymarket traffic surpasses DeFi giants amid Trump-Harris election betting craze by Assad Jafri on August 3, 2024 at 12:30 am Polymarket, a leading prediction market platform, has seen a significant spike in website traffic, outpacing prominent DeFi platforms like Uniswap, dYdX, Compound, and GMX. The surge is primarily driven by intense interest in betting on the US presidential election, particularly on the potential face-off between former President Donald Trump and Vice President Kamala Harris. Polymarket The post Polymarket traffic surpasses DeFi giants amid […] * Kamala Harris must outline crypto strategy to counter Trump’s pro-Bitcoin influence, think tank says by Assad Jafri on August 2, 2024 at 10:49 pm Vice President Kamala Harris faces increasing pressure to clarify her stance on crypto as the 2024 election approaches or risk “ceding” the industry’s support to former President Donald Trump, according to a new think tank report. The report, published by the Official Monetary and Financial Institutions Forum (OMFIF), emphasized that Harris must engage with the The post Kamala Harris must outline crypto strategy to counter Trump’s […] * Bitcoin’s price evolution post-halving: Examining five distinct epochs by News Desk on August 2, 2024 at 9:37 pm Onchain Highlights DEFINITION: Bitcoin price performance since the halving against previous cycles. Bitcoin’s price performance since the most recent halving in April has followed a distinct trajectory compared to previous halving events. Observing the historical price patterns, each halving epoch demonstrates unique price movements, reflecting varying market dynamics and investor sentiments. The first halving epoch (50 The post […] * Trump touts Bitcoin’s potential to ‘wipe out’ US national debt, says its ‘a very big thing’ by Assad Jafri on August 2, 2024 at 8:46 pm Former President Donald Trump has suggested that Bitcoin could be a key tool in addressing the United States’ burgeoning national debt, which has officially hit $35 trillion as of July 31. In an interview on Fox News on Aug. 2, Trump proposed an unconventional approach, hinting at the possibility of utilizing the flagship crypto to The post Trump touts Bitcoin’s potential to ‘wipe out’ US national debt, says its ‘a very big thing’ […] * VanEck CEO foresees Bitcoin hitting $350k as regulators begin quantitative easing by Assad Jafri on August 2, 2024 at 7:15 pm Jan Van Eck, CEO of the $107 billion asset manager VanEck, has predicted that Bitcoin could rally to $350,000 per coin as central banks embark on quantitative easing. In a recent interview with Fox Business, Van Eck expressed his bullish outlook, suggesting that Bitcoin’s market cap could reach half that of gold. He said: “Eventually, The post VanEck CEO foresees Bitcoin hitting $350k as regulators begin quantitative easing appeared first […] * Genesis begins distributing $4 billion in assets to creditors, creates legal fund to sue DCG, others by Oluwapelumi Adejumo on August 2, 2024 at 6:45 pm Genesis has finalized its restructuring process and started distributing roughly $4 billion in digital assets and US dollars to creditors, according to an Aug. 2 statement. The company revealed that creditors will recover an average of 64% of their crypto claims, depending on the coins. Bitcoin holders will regain 51.28% of their holdings, Ethereum creditors The post Genesis begins distributing $4 billion in assets to creditors, creates legal […] * Morgan Stanley first in Wall Street to authorize spot Bitcoin ETFs for wealthy clients by Oluwapelumi Adejumo on August 2, 2024 at 5:15 pm Morgan Stanley will be the first major Wall Street bank to permit its financial advisors to offer spot Bitcoin exchange-traded funds (ETFs), CNBC reported on Aug. 2, citing sources familiar with the matter. This decision enables Morgan Stanley’s over 15,000 financial advisors to sell shares of BlackRock’s iShares Bitcoin Trust (IBIT) and Fidelity’s Wise Origin The post Morgan Stanley first in Wall Street to authorize spot Bitcoin ETFs for […] * Fantom rebrands to Sonic Labs, focusing on new high-speed blockchain by Oluwapelumi Adejumo on August 2, 2024 at 3:20 pm Fantom has rebranded to Sonic Labs, one of the main bodies supporting Sonic, a new layer-1 blockchain with a layer-2 bridge that connects to Ethereum. The project’s official documentation stated: “We rebranded to Sonic Labs on August 1, 2024. Previously, our company was called ‘Fantom Foundation’ and our Opera chain was referred to as ‘Fantom.’” The post Fantom rebrands to Sonic Labs, focusing on new high-speed blockchain appeared […] ZEROHEDGE NEWS * PBoC’s Gold Conduit Revealed: Chinese Central Bank Did Not Stop Buying Gold In May by Tyler Durden on August 5, 2024 at 3:20 am PBoC’s Gold Conduit Revealed: Chinese Central Bank Did Not Stop Buying Gold In May By Jan Nieuwenhuijs of Gainesville Coins This article is an analysis of how the Chinese central bank (PBoC) buys gold in London from Western bullion banks. Because the bullion banks take care of the gold transport for the PBoC, the shipments from London to Beijing are disclosed in UK customs data. The customs data reveals that the PBoC continued to […] * YouTuber WhistlinDiesel ‘Full Sends’ Cybertruck Through Durability Test, Including ‘C-4’ Denotation by Tyler Durden on August 5, 2024 at 2:45 am YouTuber WhistlinDiesel ‘Full Sends’ Cybertruck Through Durability Test, Including ‘C-4’ Denotation YouTuber Cody Detwiler, known as WhistlinDiesel, released a video on Friday in which he stress-tested a Tesla Cybertruck and a Ford F-150. Although Detwiler’s testing of the EV truck comes months after other social media users, his tests may be some of the most rigorous yet. Before the series of durability tests […] * Nearly Half Of Dementia Cases Could Be Prevented Or Delayed: Lancet Commission by Tyler Durden on August 5, 2024 at 2:10 am Nearly Half Of Dementia Cases Could Be Prevented Or Delayed: Lancet Commission Authored by A.C. Daahnke via The Epoch Times (emphasis ours), An estimated 57 million people around the world are living with dementia, and that number is expected to increase to 153 million by 2050. With the increasing number of countries entering an aged society, dementia has become a pressing issue that a lot of families and the general public need to […] * Bronx ADA Resigns After Being Caught On Camera Allegedly Attempting To Meet 13 Year Old Boy by Tyler Durden on August 5, 2024 at 1:35 am Bronx ADA Resigns After Being Caught On Camera Allegedly Attempting To Meet 13 Year Old Boy A prosecutor for the Bronx has been forced to resign after being caught on camera allegedly trying to meet up with a 13 year old boy he met online, the New York Post reported last week. 30 year old William C.C. Kemp-Neal resigned from the Bronx District Attorney’s office after Dads Against Predators posted a video of him in a Target […] * Same Pig, Different Lipstick: COVID & The Green Revolution by Tyler Durden on August 5, 2024 at 1:00 am Same Pig, Different Lipstick: COVID & The Green Revolution Authored by Mark Oshinskie via The Brownstone Institute, f, as on Family Feud, you asked a hundred people who know me to identify one of my characteristics, most might say that I talk too much about the Scamdemic. But 53 months ago, the thing that—sadly—may have been at the top of the list is that I eat a lot of food, and that much of it is weird. I won’t deny […] ZEROHEDGE NEWS * Musk Responds To Don Lemon Lawsuit, Cites “Series Of Impressively Insane Demands” by Tyler Durden on August 5, 2024 at 12:25 am Musk Responds To Don Lemon Lawsuit, Cites “Series Of Impressively Insane Demands” Elon Musk has responded after fired CNN journalist Don Lemon sued Musk and his social media platform X for breach of contract, after Musk scrapped Lemon’s show on X prior to its debut. According to a new court filing late last week, Lemon is accusing Musk and X of “fraud, negligent misrepresentation, misappropriation of name and likeness,” along […] * Taliban Gets $239 Million In US Aid After State Dept. Fails To Vet Recipients by Tyler Durden on August 4, 2024 at 11:50 pm Taliban Gets $239 Million In US Aid After State Dept. Fails To Vet Recipients By Judicial Watch Less than a year after Judicial Watch reported that the Taliban has established fake nonprofits to steal millions of dollars in U.S. aid to Afghanistan, a new investigation reveals that the terrorist group has also received hundreds of millions in development assistance from Uncle Sam because the State Department fails to properly vet […] * Buffett Calls The Top: Berkshire Quietly Dumps Half Its Apple Shares Amid Unprecedented Selling Spree by Tyler Durden on August 4, 2024 at 10:50 pm Buffett Calls The Top: Berkshire Quietly Dumps Half Its Apple Shares Amid Unprecedented Selling Spree When yesterday we said, when discussing Buffett’s ongoing liquidation of his Bank of America stake, that “Berkshire’s rising cash stockpiles merely reflect the firm’s inability to find deals in today’s overvalued and weak economic environment”, little did we know just how accurate that would be, because fast-forwarding just one day […] * Secret Service Takes ‘Full Responsibility’ For Assassination Attempt On Trump by Tyler Durden on August 4, 2024 at 10:40 pm Secret Service Takes ‘Full Responsibility’ For Assassination Attempt On Trump Authored by Caden Pearson via The Epoch Times (emphasis ours), Acting Secret Service Director Ronald Rowe said on Friday the agency takes full responsibility for the tragic events at former President Donald Trump’s rally last month, pledging changes such as flying drones. “This was a mission failure,” said Rowe at a press conference in Washington. […] * Kamala Harris & The Masque Of Magical Thinking by Tyler Durden on August 4, 2024 at 9:30 pm Kamala Harris & The Masque Of Magical Thinking Authored by Roger Kimball via American Greatness, Although the last few weeks have had their alarming aspects – chief among which was the attempted assassination of Donald Trump on July 13, the odds-on favorite candidate for president – they have also had their amusing moments. In the latter category, I place the sudden queen-for-a-day-like coronation of Kamala Harris. […] * Suspected Houthi Missile Hits Container Ship; Rebel Forces Claim US MQ-9 Drone Downed Amid Regional War Risks by Tyler Durden on August 4, 2024 at 8:55 pm Suspected Houthi Missile Hits Container Ship; Rebel Forces Claim US MQ-9 Drone Downed Amid Regional War Risks The assassination of Ismail Haniyeh, Hamas’ top leader, in Tehran last week has brought the Middle East closer than ever to the brink of all-out war ahead of the US presidential elections in November. After a two-week lull, Iran-backed Houthis targeted a Liberian-flagged container ship traveling through the Gulf of Aden, […] * Transgender Or Intersex? Confusion Reigns Over The Gender Status Of Two Olympic Boxers by Tyler Durden on August 4, 2024 at 8:20 pm Transgender Or Intersex? Confusion Reigns Over The Gender Status Of Two Olympic Boxers Authored by Jonathan Turley, On Saturday, the International Olympic Committee (IOC) issued a surprising correction after claiming for a week that Algerian boxer Imane Khelif and Taiwan’s Lin Yu-Ting were actually born women and have Differences in Sexual Development (DSD), a range of rare conditions in which a person’s genitalia do not […] * Guess Who Kamala Harris Blames For Disastrous Jobs Report? by Tyler Durden on August 4, 2024 at 7:45 pm Guess Who Kamala Harris Blames For Disastrous Jobs Report? Following last week’s horrendous jobs report, the Kamala Harris campaign issued a statement blaming – you guessed it – Donald Trump! “Donald Trump failed Americans as president, costing our economy millions of jobs, and bringing us to the brink of recession,” said Harris for President spokesperson James Singer in a statement. “Now, he’s promising even more damage with […] * Jittery Israel Braces For ‘Five Front’ War As Officials Predict Iran To Attack Monday by Tyler Durden on August 4, 2024 at 7:10 pm Jittery Israel Braces For ‘Five Front’ War As Officials Predict Iran To Attack Monday This weekend has continue to see limited exchanges of fire involving Hezbollah along Israel’s northern border, but the jittery wait persists with Israelis heading into a new work week with the expected big Iranian retaliation immediately on the horizon for the killing of Hamas chief Ismail Haniyeh in Tehran last Wednesday. Many international […] * Bitcoin Is Crashing Ahead Of The Japan Open by Tyler Durden on August 4, 2024 at 6:35 pm Bitcoin Is Crashing Ahead Of The Japan Open Bitcoin, and the entire crypto universe, is crashing after yet another huge sell order was unleashed by a time-triggered algo, the same algo that has activated selling momentum on each of the past 7 trading days at 10am ET, just after the US cash open (a move meant to cripple any dip-buying intentions in early market trading), yet which algo was left on for the weekend, arguably to spark […] * “Suddenly Recession Is On The Tip Of Everyone’s Tongue… Wow, Did That Happen Fast!” by Tyler Durden on August 4, 2024 at 6:00 pm “Suddenly Recession Is On The Tip Of Everyone’s Tongue… Wow, Did That Happen Fast!” By Peter Tchir of Academy Securities The Fed Dot Plod Suddenly everyone is raising the number of Fed cuts this year and early next year. Without a doubt Friday’s job report was Weak with Few Redeeming Qualities. While we argued that the Fed SHOULD have cut at the July meeting, there are several reasons why the market may be getting ahead of […] * Anti-Immigration Protests In UK Spreads As Elon Musk Warns “Civil War Is Inevitable” by Tyler Durden on August 4, 2024 at 5:25 pm Anti-Immigration Protests In UK Spreads As Elon Musk Warns “Civil War Is Inevitable” European countries on the front lines, such as Greece and Italy, have been overwhelmed with migrants over the years due to failed open-border policies facilitated by radical leftist politicians. These unaccountable leaders (elected & unelected) have created the perfect storm of migrant crime and chaos across the continent. Just a […] * The Usual Stimulus Tricks Won’t Work This Time Around by Tyler Durden on August 4, 2024 at 4:50 pm The Usual Stimulus Tricks Won’t Work This Time Around Authored by Charles Hugh Smith via substack, The global economy is slowing, and central banks and governments are deploying the usual stimulus tricks: 1) lowering interest rates to encourage more borrowing and spending, and 2) running large fiscal deficits so government spending fills the gap left by sagging private-sector spending. But these usual stimulus tricks won’t work […] * Tropical Storm Debby Expected To Strengthen Into Hurricane Before Florida Big Bend Landfall by Tyler Durden on August 4, 2024 at 4:15 pm Tropical Storm Debby Expected To Strengthen Into Hurricane Before Florida Big Bend Landfall The National Hurricane Center released an early Sunday update about Tropical Storm Debby, indicating the storm is “expected to strengthen rapidly before landfall in the Florida Big Bend Region.” Tropical Storm #Debby Advisory 8A: Debby Expected to Strengthen Rapidly Before Landfall in the Florida Big Bend Region. […] * The Trigger For WWIII Just Arrived – What Are The Implications For Americans? by Tyler Durden on August 4, 2024 at 3:40 pm The Trigger For WWIII Just Arrived – What Are The Implications For Americans? Authored by Brandon Smith via Alt-Market.us If the year of 2024 has proven anything so far, it’s that our worries about the potential outbreak of WWIII are absolutely reasonable. The skeptics making accusations of “conspiracy theory” and “doom and gloom” have been proven wrong yet again. The geopolitical atmosphere is turning sour fast. I still […] * We Reap The Harvest Of Lies by Tyler Durden on August 4, 2024 at 2:30 pm We Reap The Harvest Of Lies Authored by David Bell via The Brownstone Institute, Public life has become disorienting. Most people, by and large, previously expected to hear the truth, or some semblance of it, in daily life. We would generally expect this from each other, but also from public media and authorities such as governments or international agencies set up ostensibly for our benefit. Society cannot function in a coherent […] * IRS Makes It Easier For Cash-Strapped Americans To Raid 401k, IRA Accounts by Tyler Durden on August 4, 2024 at 1:55 pm IRS Makes It Easier For Cash-Strapped Americans To Raid 401k, IRA Accounts The rising number of Americans whose checking accounts are running on fumes have a new, but less-than-ideal way of scraping up cash to make ends meet, as the IRS has issued rules to enable potentially penalty-free withdrawals from retirement accounts for flexibly-defined “emergencies.” The new rules bring to life one of the provisions of the SECURE Act […] * Boiling The British Frog… by Tyler Durden on August 4, 2024 at 1:20 pm Boiling The British Frog… Authored by Sam Bidwell via The Critic, There is an old — and rather grotesque — fable about the best way to boil a frog. Turn up the temperature too quickly, and the agile amphibian will simply hop out of the pot — but turn up the temperature gradually, and the frog won’t even realise that it’s being boiled until it’s too late. Though science has conclusively proven that this old wives’ […] * Court Rules Coca-Cola Must Pay IRS $6 Billion In Unpaid Taxes by Tyler Durden on August 4, 2024 at 12:45 pm Court Rules Coca-Cola Must Pay IRS $6 Billion In Unpaid Taxes Authored by Naveen Athrappully via The Epoch Times, Soft drink manufacturer Coca-Cola has been ordered by a court to make billions in payments to the Internal Revenue Service (IRS) to cover back taxes. On July 31, the U.S. Tax Court ruled that there were deficiencies in income tax dues payable by Coca-Cola to the IRS for the 2007–09 period to the tune of […] * Is Zelensky’s Chief Of Staff The Last Obstacle To Peace With Russia? by Tyler Durden on August 4, 2024 at 12:10 pm Is Zelensky’s Chief Of Staff The Last Obstacle To Peace With Russia? Authored by Andrew Korybko via substack, Bloomberg published article on Friday titled “Ukraine’s Allies Are Worried About the Power of Zelenskiy’s Top Aide”, Andrey Yermak, who’s become the second most powerful person in the country over the past two and a half years and perhaps even more powerful than Zelensky according to some. They cited what’s […] NATURALNEWS.COM INDEPENDENT NEWS ON NATURAL HEALTH AND THE WORLD * J.D. Vance: Kamala’s vision for America includes OPEN BORDERS and CLOSED FACTORIES by Laura Harris on August 4, 2024 at 6:00 am (NaturalNews) Sen. J.D. Vance of Ohio, the running mate of former President Donald Trump, has warned that Vice President Kamala Harris’ globalist vision for the… * Iranian analyst warns of harsher response to Haniyeh’s killing than previous strike on Israel by News Editors on August 4, 2024 at 6:00 am (NaturalNews) Hamas leader Ismail Haniyeh was killed in an Israeli attack in Tehran. Hamas and Iran blamed Israel and the US, vowing retaliation.(Article… * Teenage son of Rwandan migrants responsible for recent U.K. STABBING SPREE that killed 3 children by Laura Harris on August 4, 2024 at 6:00 am (NaturalNews) The 17-year-old boy responsible for the deaths of three young children and injuries of nine others in a Taylor Swift-themed dance class is a son… * Russia legalizes Bitcoin, other cryptocurrencies for international transactions to skirt Western sanctions by Kevin Hughes on August 4, 2024 at 6:00 am (NaturalNews) Russian legislators have approved a bill allowing businesses to use Bitcoin and other cryptocurrencies to settle international transactions.This… * PSALM 83? Israel surrounded on all sides by Palestinian “Resistance Axis” enemies that want to destroy it by Ethan Huff on August 4, 2024 at 6:00 am (NaturalNews) A growing coalition of Arab states that includes all members of Iran’s infamous “Axis of Resistance” plans to strike Israel over its assassination of… * HYPOCRISY: According to the U.S. government, Venezuelans peacefully protesting a crooked election is democratic, but in America, you go straight to prison as a “domestic terrorist†without a trial by S.D. Wells on August 4, 2024 at 6:00 am (NaturalNews) Attention all Venezuelans who are angry about the election that just got stolen by Maduros, please head to the capital building, where the capital… * Another world war unfolding after Israel “assassinates” Hamas chief in airstrike: “We have a duty to avenge him,” vows Iran by Ethan Huff on August 4, 2024 at 6:00 am (NaturalNews) Iran has announced that “Tehran’s duty” is to seek “revenge for Ismail Haniyeh’s blood” after the top Hamas leader was assassinated by Israel in… * International Boxing Association criticizes Olympics for allowing male boxers to compete in women’s event by Cassie B. on August 4, 2024 at 6:00 am (NaturalNews) The International Boxing Association (IBA) has called out the International Olympic Committee (IOC) for allowing a biological male boxer who failed… * Swiss government “kidnaps” children and threatens parents with jail time for opposing transgender mutilations by Belle Carter on August 4, 2024 at 6:00 am (NaturalNews) A Swiss court recently ruled that the parents of a minor “stolen” by the government should provide legal documents to allow the child a gender… * Kamala the Chameleon changes identity to “Indian” or “black” depending on which group she’s addressing by Ethan Huff on August 4, 2024 at 6:00 am (NaturalNews) Democrats are once again playing identity politics with Kamala Harris, who, depending on which group she’s addressing, is presented as “Indian” or… * Acting Secret Service director Ronald Rowe won’t say who denied Trump’s security detail requests by Ethan Huff on August 4, 2024 at 6:00 am (NaturalNews) Republicans in the Senate tried to grill Acting Secret Service director Ronald Rowe Jr. this week about the assassination attempt on Donald Trump in… * Kamala Harris enlists the support of DRAG QUEENS for her presidential campaign by Laura Harris on August 4, 2024 at 6:00 am (NaturalNews) A group of drag queens has recently released a music video in support of Democratic presidential candidate Vice President Kamala Harris.This… * Are the Olympics a trial run for a 1984 digital state? by News Editors on August 4, 2024 at 6:00 am (NaturalNews) First-person report of QR Codes, Digital IDs, and police militarization of Paris.(Article republished from YourNews.com)The best way to begin… * “Entire Resistance Axis” to retaliate against Israel for assassinating top Hamas leader by Ethan Huff on August 4, 2024 at 6:00 am (NaturalNews) Israel’s assassination of Ismail Haniyeh, the Hamas leader responsible for peace negotiations in Gaza, has triggered Iran into threatening a… * Olympic swimmers forced to swim through HUMAN FECES-infested waters in Paris after opening ceremony mocked Christianity by Cassie B. on August 4, 2024 at 6:00 am (NaturalNews) The controversy over the opening ceremony of the Paris Olympics hasnât died down yet, and organizers are already facing another embarrassment as… * Italian female boxer screams injustice as she quits fight against “biologically male” Algerian opponent 46 seconds into their Olympic match by Belle Carter on August 2, 2024 at 6:00 am (NaturalNews) After just 46 seconds into an Olympic female boxing match and receiving two powerful punches in the head, Italy’s Angela Carini called the game to… * Tesla recalls more than 1.8 MILLION units over car software’s inability to detect an unlatched hood by Arsenio Toledo on August 2, 2024 at 6:00 am (NaturalNews) Electric vehicle manufacturing giant Tesla has recalled over 1.85 million units in the United States due to risks arising from the car software’s… * U.K. High Court upholds emergency legislation puberty blockers ban by Laura Harris on August 2, 2024 at 6:00 am (NaturalNews) The United Kingdom’s High Court of Justice in London has ruled that it is lawful for the British government to ban puberty blockers through emergency… * MEMORY HOLE: Amazon DELETES book about VP Kamala Harris, cites “cover issues” by Ramon Tomey on August 2, 2024 at 6:00 am (NaturalNews) E-commerce giant Amazon reportedly deleted a book about Vice President (VP) Kamala Harris from its platform, citing “cover issues.”The book in… THE DEFIANT DEFI NEWS. THE DEFIANT CURATES, DIGESTS, AND ANALYZES ALL THE MAJOR DEVELOPMENTS IN DECENTRALIZED FINANCE, SO THAT YOU CAN STAY INFORMED AND SMART ABOUT THE MOST CUTTING-EDGE AND FASTEST-CHANGING CORNER OF CRYPTO AND FINANCE. * Bitcoin Memecoins Runes Make Up 35% of All the Chain’s Transactions on August 2, 2024 at 9:07 pm Bitcoin-based memecoins, known as Runes, have only been around since April this year. * Trump Suggests Using Bitcoin to Address $35 Trillion US Debt on August 2, 2024 at 7:34 pm Former President Donald Trump has suggested the possibility of using cryptocurrency, specifically Bitcoin, to address the United States’ $35 trillion national debt * Almost 99% of Pump.fun Tokens Fail on August 2, 2024 at 7:24 pm Of 1.58 million tokens that launched, barely 1.4% made it to Raydium for open trading. * Genesis Moves $1.5 Billion in BTC and ETH, Fueling Market Fears on August 2, 2024 at 6:25 pm Investors are speculating the now-bankrupt crypto lender moved over 16,000 BTC and 166,000 ETH to begin repayments. * Bitcoin, Ethereum Tread Water as Mt. Gox Distributions Continue on August 2, 2024 at 2:07 pm $3.1 billion worth of Bitcoin was transferred from Mt. Gox to BitGo. * Spot Ether ETF Outflows Drop As Grayscale Flows Dry Up on August 2, 2024 at 1:32 pm Excluding the Grayscale Ethereum Trust, spot Ether ETFs hosted inflows exceeding $1.5 billion in their first two weeks of trade. * Polkadot Processes 3.8 Million Transactions on July 30 after Mythos Migration on August 2, 2024 at 1:27 pm Polkadot is making inroads into the Web3 gaming ecosystem, currently dominated by BNB Chain, Polygon, and Ronin Network. * Vitalik Says Ethereum Is Ready To Support ‘Tens Of Millions’ Of On-Chain Users on August 2, 2024 at 10:51 am Ethereum’s chief scientist also called on Layer 2 developers to prioritize cross-L2 interoperability and improving decentralization. * From Digital Scarcity to Abundance: How Crypto and AI Complement Each Other on August 2, 2024 at 9:14 am The convergence of crypto and AI presents a landscape ripe with innovation and potential. * Coinbase Launches Summer Shop with 100+ Unique Items as Web3 Investments Surpass $1B on August 2, 2024 at 8:24 am Coinbase has launched the Coinbase Summer Shop, an onchain marketplace that features over 100 unique items created by various talented creators ©BlockchainFintechNews Aggregator