[The investment of a16z's cryptocurrency fund has started to yield returns on paper, outperforming other funds] Odaily Planet Daily reports that Andreessen Horowitz (a16z) raised a record-breaking $4.5 billion cryptocurrency fund in May 2022, but it seemed to have completely missed the market timing. At the time, Bitcoin's price had dropped 55% from its peak, and Coinbase's stock price had fallen by about 80%. Both companies remained in a prolonged slump for over a year. However, now this cryptocurrency investment firm has at least started to see returns on paper, and by certain metrics, the performance of this crypto fund has already surpassed other funds raised during the investment boom of the pandemic period from 2020 to 2022. (The Information)
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More >Instantly skyrocketing WLFI trading volume surges by 5 times
Bitget WLFI/USDT's perpetual trading volume surged fivefold within 10 minutes, with a turnover of 91.9 million US dollars in the past 24 hours, a decrease of 4.87% A surge in trading volume generally indicates an increase in market trading activity or large-scale fund buying and selling operations, which may be caused by certain important market changes or news announcements. According to AiCoin data, the comprehensive ranking of Bitget contracts ranks fourth globally
惠誉预测美联储今年9月和12月将各降息25个基点
[Fitch Predicts Fed Will Cut Rates by 25 Basis Points in September and December This Year] Fitch Ratings predicts that the U.S. Federal Reserve will cut interest rates by 25 basis points in both September and December 2025. Additionally, Fitch forecasts that the Fed will implement three more rate cuts in 2026 to further adjust monetary policy.
摩根大通CEO：美联储或将降息
[JPMorgan CEO: The Federal Reserve May Cut Interest Rates] JPMorgan CEO Jamie Dimon stated that revised U.S. economic data indicates a weakening economy, and the Federal Reserve may cut interest rates. However, he believes this is not a direct result of the economic conditions.
加密财库模式受挫，市场热潮转向质疑
[Crypto Treasury Model Faces Setbacks, Market Enthusiasm Turns to Doubt] According to Bloomberg, the crypto treasury model is facing challenges, with some companies experiencing stock price declines and market confidence wavering. Eightco Holdings Inc.'s stock price once surged 3000% after announcing the purchase of Worldcoin, but the overall trend indicates that the treasury model is gradually losing momentum. Industry insiders have begun discussing the possibility of consolidation, with weaker companies potentially facing acquisition risks. The market's future may show a slow decline rather than a sharp collapse.
Coinbase Enlarges Its AI Agent-Focused Crypto Micropayments Ecosystem
Coinbase engineers have released x402 Bazaar, a “Google for AI agents” discovery layer.