Moonbeam Network, originally a leading Polkadot parachain, is migrating its GLMR token to Base, Coinbase's Ethereum Layer 2, ending its four-year Polkadot association. The project is rebranding to focus on AI agent communication and on-chain economic settlements. Token holders must migrate their GLMR tokens 1:1 to the new ERC-20 version by July 31, with centralized exchanges handling swaps for custody-held tokens. Users involved in DeFi on Moonbeam need to withdraw assets before migration to avoid complications.
Wall Street ended the holiday-shortened week higher, driven by optimism over a potential Federal Reserve interest rate cut by year-end despite weaker-than-expected June jobs data. Technology stocks rebounded early in the week amid easing U.S.-Iran te...
Ethereum's price recovered past the $1.7K resistance, rising 3.02% to $1,756, driven by strong momentum indicators like MACD and RSI. A major whale closed a $54.1 million short position, taking a $9.386 million loss and paying $36,000 in fees, reflec...
Kimberly-Clark reported broad organic sales growth driven by volume and mix, though pricing pressures persist due to low consumer sentiment. While energy prices have normalized, consumers remain value-focused, limiting pricing power. Concerns over in...
Prediction markets indicate a 70% probability that XRP will close July 2026 above $1.20, reflecting bullish sentiment despite limited upside beyond this level. Currently trading around $1.14, XRP has gained about 8.5% since early July. Traders assign...
The US stock market shows resilience amid tariff uncertainties and mixed labor data. The Dow Jones benefits from a rotation into value and cyclical stocks, supporting a bullish outlook toward 55,000. Meanwhile, the S&P 500 faces pressure from weak me...
