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Bank of England Expected to Cut Interest Rate to 4.0% Despite Rising Inflation
Bank of England Expected to Cut Interest Rate to 4.0% Despite Rising Inflation

The Bank of England (BoE) is scheduled to announce its decision on monetary policy this Thursday, and market participants anticipate a 25-basis-point (bps) interest rate cut from the current 4.25% to 4.0%. Financial markets also anticipate seven out of nine Monetary Policy Committee (MPC) members will vote for an interest rate cut, versus just three &hellip; <a href="https://beincrypto.com/bank-of-england-rate-cut/">Continued</a>

BeInCrypto·2025/08/07 01:24
Bitcoin’s Post-ATH Amnesia: Price Trapped in &#8220;Low-Liquidity Air Gap&#8221;
Bitcoin’s Post-ATH Amnesia: Price Trapped in &#8220;Low-Liquidity Air Gap&#8221;

Bitcoin is struggling below $116K after falling into a low-liquidity “air gap” following its recent all-time high. On-chain data shows short-term holders are under pressure, leverage is cooling, and ETF flows are negative.

BeInCrypto·2025/08/07 01:10
daGama Wants You to Map the World — With Real Tips and Crypto Rewards
daGama Wants You to Map the World — With Real Tips and Crypto Rewards

You know your city’s secrets better than any app — the rooftop café with no social media, the bookbinding studio open only on Sundays, the underground theater hidden behind a bakery. You’ve probably shared these gems with friends. So why not share them with the world — and earn something back? That’s what daGama is &hellip; <a href="https://beincrypto.com/dgamma-map-world-earn-crypto/">Continued</a>

BeInCrypto·2025/08/07 01:08
VeWorld Overview: VeChain’s Web3 Super App Enabling Seamless Onboarding for VeBetter
VeWorld Overview: VeChain’s Web3 Super App Enabling Seamless Onboarding for VeBetter

In the world of blockchain, crypto wallets are more than just tools — they’re the entry point to an ecosystem. The way users experience their first interaction with crypto can determine whether they stay, engage, and grow within a network. That’s why VeWorld, VeChain’s official self-custodial wallet, is designed not only to store and manage &hellip; <a href="https://beincrypto.com/veworld-overview/">Continued</a>

BeInCrypto·2025/08/07 00:19
Calm Before the Boom? Why Bitcoin’s Sideways Week Might End in a Sharp Move
Calm Before the Boom? Why Bitcoin’s Sideways Week Might End in a Sharp Move

Bitcoin price has been stuck below one key level for weeks. But now, RSI strength, SOPR divergence, and fading short-term holder pressure could flip the trend.

BeInCrypto·2025/08/07 00:13
Flash
00:31
AI chip manufacturer Syntiant, backed by Intel and Microsoft, has filed for an IPO
BlockBeats News, July 7th, according to Bloomberg, AI chip manufacturer Syntiant, backed by Intel and Microsoft, has filed for an IPO. The company produces ultra-low-power AI chips and software for on-device AI in headphones, wearables, and industrial systems. According to its submitted documents, the company's Q1 performance is as follows: Revenue: $64.5 million (compared to $66.6 million in the same period last year), Net Loss of $26.2 million (compared to $16.8 million in the same period last year) It is reported that Syntiant has raised a total of $311 million to date and is valued at $6.464 billion after its funding round in December 2024.
00:29
The Wall Street star fund manager who participated in the '924 Market Event' has made another huge profit in the storage sector.
Glonghui July 7|Two years ago during the “924 Market Event”, star hedge fund manager David Tepper, who rose to fame by boldly advocating “buy everything Chinese,” has once again achieved impressive returns this year in the storage sector. According to the latest news on Monday, Tepper’s Appaloosa Management achieved a 32% investment return in the first half of this year. According to people familiar with the matter, the roughly $23 billion hedge fund earned all its profits in the second quarter this year. As a backdrop to this investment performance, Tepper adopted a relatively conservative strategy this year, with his cash holdings averaging as high as 40%. It is reported that the best-performing individual stocks in Appaloosa’s portfolio include Micron Technology, Samsung Electronics, SK Hynix, Kioxia Holdings, and SanDisk.
00:26
LG Energy Solution expects Q2 operating profit to fall by 77% due to weak demand for electric vehicles
Golden Ten Data reported on July 7 that South Korean battery manufacturer LG Energy Solution (LGES) stated on Tuesday that its operating profit for April to June is expected to drop by 77% to 113 billion won (approximately $73.91 million), as continued weak demand for electric vehicles continues to weigh on battery sales. Market forecast for profit was 249 billion won. According to documents LGES submitted to regulators, revenue is expected to increase by 24.8% year-on-year to 7.6 trillion won. LGES said that the quarterly profit guidance includes tax credits for battery production in the United States under the U.S. Inflation Reduction Act. Excluding these tax credits, the company would have posted an operating loss of 128 billion won.
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