DEEPSEEK
Global Economy on Thin Ice: Slow Growth, High Uncertainty, Fragile Confidence
Global growth is slowing, with GDP forecasted to drop from low 3% to low 2% amid rising policy uncertainty and high inflation, leaving the economy fragile and cautious.
Long-Term Investment Strategies for 2025: Navigating Fed Rate Uncertainty, Inflation, and Market Volatility
In 2025, investors should diversify portfolios, focus on resilient sectors, and stay alert to Fed signals amid rate uncertainty and persistent inflation.
Market Stabilization: Bitcoin (BTC) Holds Ground Amid Economic Uncertainty
Bitcoin stabilizes at $107,500 after a $19 billion market liquidation, yet faces on-chain resistance and economic uncertainties. Institutional demand remains tentative.
WhaleFin is being sued by Atletico Madrid for unpaid sponsorship
Atletico Madrid is suing WhaleFin for €20 million over a terminated €40 million sponsorship deal, claiming financial losses and potential reputational damage.
Coinbase Calls for Judicial Intervention on SEC's Inaction
Coinbase's Chief Legal Officer, Paul Grewal, has filed a formal response with the U.S. Court of Appeals for the Third Circuit, urging a mandamus order to compel the SEC to act on Coinbase’s rulemaking petition within 30 days, highlighting the SEC's prolonged inaction and the pressing need for regulatory clarity surrounding digital assets.
Rollbit Shuts Down Degen EXchange and Rollbot.com Amid Regulatory Concerns
Rollbit has announced the discontinuation of its Degen EXchange and sister site Rollbot.com due to regulatory challenges and low user adoption. However, the company's core product, Rollbit.com, and its $RLB token functionality remain unaffected. The firm also hinted at exciting future releases.
SoFi Invest Report Reveals Investor Concerns and Optimism Despite Economic Uncertainty
SoFi Technologies, Inc., a leading digital personal finance company, released its first SoFi Invest Midyear Investor Report, surveying over 3,400 Americans on their investment sentiment and habits during the first half of 2023.
Web3 Startups Witness 76% Plunge in Venture Funding in Q2 2023
Web3 startups saw a 76% drop in Q2 2023 funding, with only $1.8B raised. Despite VC downturn, Bitcoin and Ether prices surged. Future of Web3 funding remains uncertain.
Crypto Bank Anchorage Cuts 20% of Workforce
Anchorage Digital has laid off 75 employees, citing regulatory uncertainty and market volatility. The crypto bank expressed confidence in the digital asset landscape but acknowledged headwinds for its business and the crypto industry.
Regulatory Uncertainty Keeps the Securities Company Out of Cryptocurrency: Citadel's CEO
Citadel’s chief has clarified that regulatory uncertainty around cryptocurrency keeps the securities firm away from investing in crypto assets.