Top crypto tweets of the day – August 29th

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• Central banks respond to wage-price pressures amid uncertain economies

  TL;DR Breakdown Recent policy decisions by major central banks, such as the Federal Reserve and the Bank of England, have introduced uncertainty about their future actions. Addressing the potential impact of wage-price spirals is becoming increasingly important for central banks. The economic path’s uncertainty further complicates central banks’ attempts to signal a clear policy course. Description The recent policy decisions of major central banks have been finely balanced and have introduced a level of uncertainty regarding their future actions. The Federal Reserve chose to hold its policy rate steady but indicated a potential rate hike at the next meeting. The Bank of England maintained its stance with a nearly evenly split … Read more The recent policy decisions of major central banks have been finely balanced and have introduced a level of uncertainty regarding their future actions. The Federal Reserve chose to hold its policy rate steady but indicated a potential rate hike at the next meeting. The Bank of England maintained its stance with a nearly evenly split vote, leading some to believe the peak may have been reached….

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• China’s global EV influence showcased during Elon Musk’s visit

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• UK inflation could halve soon, seeing an ease in families pressure, Chancellor says

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• NFT thefts dropped 31% in July to $1.73 million, most NFTs sold on Blur

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