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Federal Reserve Leaves Interest Rates Unchanged Again
The Federal Reserve has decided to keep its key interest rate unchanged once again. The FED has now maintained its key monetary policy rate steadily at a 23-year high. The much awaited data now reveals that the FED is taking a cautious approach to monetary policy despite recent signs of cooling inflation. This is also......
🥛 Global liquidity boom: Is your portfolio ready? 🌊
Today’s edition is brought to you by Moonshot - the easiest way to discover and buy new memecoins, deposit with Apple Pay, and start trading in seconds – never miss another rally, download for free.GM. This is Milk Road, the crypto newsletter that's as crisp as a chilled 7-Up on a hot day.Here’s what we......
Tether Discloses $5.2 Billion Profit in First Half of 2024
Stablecoin issuer Tether has released its Q2 2024 attestation report. The report was independently verified by global accounting firm BDO, where the company shared details of its finances in the first half of 2024. Key points: Tether unveils a $5.2 billion profit in the first half of 2024. Group equity soared to nearly $12 billion.......
Mt. Gox Moves Over $2 Billion in Bitcoin, BTC Price Remains Steady
Mt. Gox has begun moving Bitcoin once again after almost a week of inactivity. According to the data from Arkham, the exchange has moved 33,964 BTC to an unknown wallet, "bc1q26." As per the current market price, the value of the moved Bitcoin stands at around $2.2 billion. Key points: Mt. Gox moves 33,964 Bitcoin......
🥛A $1 QUADRILLION market cap, is Saylor out of his mind? 🤯
Today's edition is brought to you by Uniswap Extension – the first browser extension to live in your sidebar, making swapping, sending, and receiving crypto a breeze.Download the Uniswap Extension today →GM. This is Milk Road, the crypto newsletter that’s as thrilling as Michael Saylor’s latest price predictions.Here’s what we got for you today:✍️ Price......
SEC Charges BitClout Founder with $257 Million Crypto Fraud
The U.S. Securities and Exchange Commission (SEC) has filed charges against Nader Al-Naji. Al-Naji is the founder of the social media platform BitClout. The SEC accused Al-Naji of allegedly running a fraudulent cryptocurrency scheme. The regulator also claims that Al-Naji raised over $257 million through illegal sales of the platform's BTCLT tokens. Key allegations from......
Ethereum Remains Most Targeted Chain as Crypto Hackers Steal $572M in Q2
According to the latest report by Immunefi, losses due to crypto hacks and fraudulent activities rose during the second quarter of 2024. As per the data, total losses amount to a staggering $572.7 million in Q2 2024. This figure represents a 112% increase compared to the same period in 2023. Key points: Hacks accounted for......
SEC vs. Binance: Legal Battle Intensifies as Regulator Seeks to Amend Complaint
According to the details from a recent court filing, the SEC has signaled its intention to amend its original complaint against Binance and its founder, Changpeng Zhao. As per the details, the regulator might also drop its charges against Solana (SOL) and Polygon (MATIC) tokens. Key points: SEC plans to file a motion to amend......
🥛 US going all-in on Bitcoin? Trump, RFK Jr., and Lummis’ thoughts! 🇺🇸
GM. This is Milk Road, the crypto newsletter that's as exciting as attending Bitcoin 2024—overflowing with juicy insights and laughs.Here’s what we got for you today:✍️ US strategic Bitcoin reserve plans✍️ What to watch for this week 🎙️ The Milk Road Show: How Crypto is Being Adopted Around The World w/ Kyle Reidhead🍪 Solana's TVL has......
Crypto Funds See Muted $254M Inflows, but There’s a Catch
According to the latest report from CoinShares, the crypto sector has seen a muted $254 million inflow of capital even though the market turned bullish. Key points: Total inflows into digital asset investment products reach $20.5 billion year-to-date. The inflows show a mixed picture for various cryptocurrencies. Trading volumes spiked to the highest levels since May.......
