Sypool Protocol ANN
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๐Ÿ“ˆ๐Ÿ” We keep sharing market insights on tradingview! Follow us and share your thoughts.๐Ÿ™‹
๐Ÿ”—https://tradingview.com/u/Sypool/

๐Ÿš€๐Ÿ“ข Exciting things are brewing! Stay tuned for some major developments coming soon.
๐Ÿ“ขCRYPTO NEWS

๐Ÿง‘โ€โš–๏ธThe preliminary result to the lawsuit of XRP and the SEC was released yesterday. The court held that XRP does not meet the characteristics of securities in the secondary market, but meets the HOWEY judgment in the primary market.

This result is interpreted as a victory for XRP, but also for the crypto market. After that, XRP was relisted by the exchange such as Coinbase and pumped. Many tokens that were defined as securities last month followed up. ๐Ÿ“ˆ
๐Ÿ“ขCRYPTO NEWS

FUD happening on Fantom this weekend.
๐Ÿ˜จ
Last week, nearly 120 million US dollars of funds on Multichain have moved abnormally. The official stated that the CEO Zhao was arrested by the Chinese police and could not operate normally. This has seriously affected protocol related to Muiltchain. Among them, the most influential one is Fantom.

According to our research, nearly 35% of TVL on Fantom is locked๐Ÿ”’ in Multichain and Multichain issued 458 million stable tokens, accounting for 81% of Fantomโ€™s total stable tokens value. Last week, the number of active addresses on Fantom has decreased by nearly 60%. The TVL reduced from $160m to $68m.

The Fantom Foundation recently stated that it will discuss with Circle and Tether whether it can do anything about the frozen funds. However, the Foundation is pessimistic about it. If lost funds canโ€™t be returned, it will be difficult for Fantom to get out of the mud.
๐Ÿ“ขCRYPTO NEWS

At 10:00am Jul.17 local time๐Ÿ•™, ETHCC, the largest annual Ethereum community conference in Europe, was held in Paris. The conference will last for four days.

In addition to some classic protocols such as uniswap and 1inch, there were also new generation like zkSync and Linea in the conference. They will bring new mechanisms, new plans, new routes to boost the market.
๐ŸŽ‰#sypool is releasing new branding and we can't wait to share our plan and vision with you!

Stay tuned for the new logo, exciting partnerships, and innovative features! ๐Ÿš€
All of these are just around the corner! ๐Ÿ”œ

https://sypool-protocol.medium.com/embracing-the-future-sypools-journey-towards-innovation-and-excellence-6060183a8826
Our New Logo is Here! ๐ŸŽ‰
Inspired by the top 5 designs from our logo contest, we've crafted a fresh look that represents our brand perfectly. ๐ŸŽจ

Stay tuned for more rebranding process details!
Channel photo updated
โš ๏ธImportant macro events

The next FOMC meeting will be held on July 25-26.

At the press conference for the meeting in June, Powell mentioned that members of the committee thought it appropriate to continue raising interest rates and suggested that the rate would increase by another 50bp.

Although it brought the hawkish surprise to the market, the end of the rate hike is close. The money in the market will eventually stop dwindling and flow back into various assets.
๐Ÿš€ Sypool is teaming up with @W3_Goo, the innovative #Web3 search engine!

๐Ÿค Together, we'll revolutionize crypto asset management with AI strategies, signal alerts, and more!

Stay tuned for the celebration event, coming soon! ๐ŸŽ‰
https://sypool-protocol.medium.com/sypool-and-w3goo-join-forces-empowering-decentralized-asset-management-ed380ef29c03
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