Gate News: Latest Crypto News and Cryptocurrency Prices

02:00

SKY (Sky) rose 4.87% in the last 24 hours.

Gate News Bot news, on September 2nd, according to CoinMarketCap data, as of the time of writing, SKY (Sky) is currently priced at 0.07 USD, with a rise of 4.87% in the last 24 hours, reaching a high of 0.07 USD and a low of 0.06 USD. The current market capitalization is approximately 1.569 billion USD, an increase of 72.9 million USD compared to yesterday. Sky Protocol is a decentralized open financial ecosystem powered by the USDS stablecoin and the SKY governance token. Users can store USDS in a non-custodial manner to earn Sky savings interest (SSR), and can also use USDS to participate in the Sky token rewards (STR) program. Sky.money serves as a non-custodial gateway, providing eligible users access to Sky protocol features, including

DEFI-5.99%

15:11

ETH Strategy announced an increase of 4200 ETH, bringing the total holdings to approximately 12300 ETH.

Golden Finance reported that ETH Strategy announced on the X platform that it has increased its holdings by 4,200 ETH through funds obtained from put warrants, worth approximately $15,674,400. It is reported that this acquisition will benefit all presale STR holders, increasing the ETH value of each STR by 8.5%. As of now, ETH Strategy's total ETH holdings have reached approximately 12,300.

ETH8.83%

10:02

Deutsche Bank said on May 9th, according to Golden Ten Data, that although they did expect the Monetary Policy Committee of the Bank of England to be prepared for an interest rate cut in June, they expected rates to remain unchanged at this meeting. In terms of voting results, it is expected that several members will vote in favor of a rate cut. They also believe that the inflation outlook will be more dovish, with CPI expected to be well below the target over the next three years. In this meeting, Deutsche Bank expects the following key points to be raised: Bank of England Governor Bailey will reiterate that the second-round impacts have been mitigated; keeping rates at 5.25% will result in inflation falling well below 2%; as inflation falls, real interest rates are becoming restrictive, so a rate cut is necessary; as QT continues to drain liquidity from the system, there is an increasing demand for Short-Term Repos (STR), so the Bank of England may pay more attention to the composition of its long-term balance sheet.

06:01

Odaily Planet Daily News According to official sources, the Korean Financial Intelligence Analysis Institute (FIU) held a "meeting with relevant agencies to improve the authenticity of suspicious transaction reports (STR)", and the six financial associations participating in the meeting introduced various industries to strengthen suspicious transactions of member companies Report (STR) Capability Support Status and Improvement Plans. In addition, all parties agreed that it is necessary to strengthen the support system at various industry levels to strictly deal with the recent rapid growth of improper transactions including virtual asset crimes and price manipulation.

SKY (Sky) rose 4.87% in the last 24 hours.

ETH Strategy announced an increase of 4200 ETH, bringing the total holdings to approximately 12300 ETH.

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