Yellow Capital Blog/Weekly Crypto Digest/Weekly Crypto Digest for July 23 - July 30, 2023.

Weekly Crypto Digest for July 23 - July 30, 2023.

Monday, July 31, 2023

Fed raises key rate by 25 basis points, U.S. House of Representatives Committee Adopts Crypto Regulation Bill, Worldcoin launches token and more news in the lates issue of Weekly Crypto Digest.

Fed raises key rate by 25 basis points

Fed raised Key Rate by 0.25%

On July 26, the US Federal Reserve System (FRS) raised the key rate range by 25 basis points to 5.25-5.5% per annum.
Earlier, the US Federal Bureau of Labor Statistics stated that the consumer price index in annual terms slowed down from 4% to 3%. Against this background, Fed Chairman Jerome Powell said that the agency will continue to raise interest rates, but not as aggressively as before.
The cryptocurrency market calmly reacted to the continuation of the Fed's policy, the quotes of the largest digital assets by capitalization did not show significant dynamics.

U.S. House of Representatives Committee Adopts Bill to Regulate Cryptocurrency Market

On July 26, the U.S. House Financial Services Committee approved the 21st Century Financial Innovation and Technology Act, which provides for the creation of a regulatory framework for the digital asset industry.
The document proposed a week earlier obliges the SEC and the CFTC to develop appropriate rules for the crypto market.
According to a press release, the bill provides clarity on which digital assets are regulated by each agency in order to "allow innovators to create and develop new products with confidence, and provide basic consumer protections."

Worldcoin launches its own token

Sam Altman's Worldcoin cryptocurrency project has announced the official launch of the native WLD token. The listing of the new coin was announced by many major crypto exchanges, including Binance, Bybit, and OKX.
Users will be able to get WLD when passing verification, as well as for participating in beta testing of the project. The developers promised to share more accurate tokenomics in the near future.
However, Ethereum co-founder Vitalik Buterin said that Worldcoin poses a privacy threat due to the retinal scanning function, and criticized users themselves for centralization and low security of mobile devices. At the same time, he called the concept of Worldcoin "really valuable."

Drive organic growth for your tokens with Yellow Capital's Crypto Market Making services.

Our team of experts specializes in creating a sustainable and profitable crypto market for your tokens through our proven strategies including crypto market makingalgorithmic trading, liquidity provision, token growth, and crypto exchange listing.

Yellow's algorithmic trading infrastructure can connect to over 100 exchanges, and our constantly evolving architecture is compatible with all major Blockchain protocols.

Schedule a Call now with Yellow Capital

Since the beginning of the war, Ukraine has received $225 million in

Since February 2022, Ukraine has received $225 million in cryptocurrencies to counter the Russian invasion.
According to experts, most of the donations - $83 million - came in the form of USDT, $79 million - in Ethereum, $41 million - in bitcoins. Donations also came in Binance USD Polkadot and other coins.
Most of the funds are raised by humanitarian initiatives — about $134 million in cryptocurrencies. Military campaigns received $91 million.

“Sleeping” address for 11 years moved Bitcoins by $31 million

Dormant for over 11 years, the wallet moved all of its 1,037 BTC, worth about $31 million.

customer1 png

Hi, I am Alexis Yellow

Chairman of Yellow Capital

Are you ready for a wild career transition? I went from launching rockets into outer space at the European Space Center to helping Token Issuers launch their Crypto Projects!

Yellow Capital provides advisory services, strategic investments, and prime crypto market making.

Join me on this journey as I share my experiences and expertise in the crypto world, and maybe we'll even launch a few successful projects together!

1 png


Private Rounds

- Early stage pre-listing
- Investment and Incubation

Market Making

Token Issuers

- We are Prime Market Makers for the projects we invest into.

Increase Your Cash Flow

Listed Tokens

- We buy up to $5,000,000

Exclusive For the Projects We Invest In

Get Free Market Making

Our investment strategy involves providing deep liquidity crypto market making to the projects we invest in. This approach allows us to ensure continuous and substantial liquidity in exchanges. By doing so, we aim to increase market efficiency and reduce price volatility. We help to stabilize prices and reduce the bid-ask spread, which can lower transaction costs for traders. This usually attracts more traders to the markets, by making it easier and less risky to trade your token which can help to increase the overall liquidity and trading volumes both for the benefit of traders and issuers. However, we recognize that providing liquidity also comes with potential risks, which we carefully evaluate and manage as part of our investment decision-making process.