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Since users were asked to migrate off the mainnet, it is now almost impossible to see L2 being able to return to the sustained ETH burning levels seen before Dencun.
Share link:In this post: Most economists think the Fed will only cut rates by a quarter-point in September, even though big banks are pushing for a bigger reduction. The July jobs report was weaker than expected, but Fed leaders aren’t panicking and are sticking to their gradual approach. Inflation might have ticked up a bit in July, but it’s not enough to change the Fed’s plan to slowly lower rates.
The company disclosed a net loss of $27 million, equating to a 7-cent loss per share, both basic and diluted.
- 05:43Monad Announces Integration with Chainlink Services on Mainnet Launch DayAccording to Jinse, Monad has announced a collaboration with Chainlink. The Monad mainnet will adopt Chainlink's decentralized oracle services and integrate Chainlink's Cross-Chain Interoperability Protocol (CCIP) as its standard cross-chain infrastructure, and introduce Chainlink Data Streams as its data solution. Chainlink CCIP is designed to enhance communication and interaction between different blockchain networks as a cross-chain interoperability protocol. Chainlink Data Streams combines low-latency market data with automated execution capabilities, achieving a qualitative leap in both speed and user experience. This collaboration aims to further enhance Monad's infrastructure development, providing Monad developers with secure access to off-chain data sources, supporting the construction of more reliable and innovative decentralized applications, and driving further expansion of the ecosystem.
- 05:43Strategy Bitcoin Holdings Unrealized Gain Exceeds $13.616 BillionAccording to Jinse, as Bitcoin briefly topped $94,000 today, currently at $93,066, Strategy (formerly MicroStrategy) has an unrealized gain of $13.616 billion on its Bitcoin holdings. As of April 20, 2025, Strategy holds 538,200 BTC, valued at $36.47 billion, with an average buying price of $67,766.
- 05:43The probability of a 25 basis point interest rate cut by the Federal Reserve in May drops to 3.5%According to Jinse, based on CME's "Federal Reserve Watch" data, the probability of a 25 basis point interest rate cut by the Federal Reserve in May is 3.5%, while the probability of maintaining the current rate is 96.5%.