CoinVoice
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CoinVoice has recently learned that, according to Jin10, U.S. President Trump posted on social media platform saying: "Mr. Powell must drop interest rates now. He always does it too late, and the damage is incalculable. Fortunately, the economic situation is very good, and we have already overcome Powell and the complacent committee."
However, I am considering allowing a major lawsuit against Powell because of his terrible and very incompetent work in managing the construction of the Federal Reserve building. 3 billion dollars for a job that should have cost 50 million dollars. This is not goo
TRUMP-0.85%
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CoinVoice has learned that, according to Jin10, the US stock market opened with three major indices rising. The Dow Jones Industrial Average rose by 0.4%, the S&P 500 index rose by 0.4%, and the Nasdaq Composite Index rose by 0.5%.
At the same time, "the first stock of stablecoins" Circle (CRCL.N) rose by about 15%, with a year-on-year revenue increase of 53% in the second quarter.
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CoinVoice has recently learned that former Fed Chairman Bullard stated that he had a conversation with Treasury Secretary Basant last week. He expressed his willingness to accept the position of Fed Chairman if the goal is to achieve low and stable inflation while respecting the independence of the Fed. Regarding the possibility of candidates for the Fed Chairman position, regardless of how Basant wishes to advance this matter, he is willing to cooperate and will work within the framework of the Federal Reserve Act. Anyone appointed as the Fed Chairman will uphold the independence of the Fed.
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CoinVoice has recently learned that Grayscale has launched the DeepBook and Walrus trusts for investing in DEEP and WAL Tokens, with DEEP and WAL ranking 226th and 168th in market capitalization, respectively, at 372 million USD and 559 million USD.
DEEP3.24%
WAL1.79%
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CoinVoice has learned that, according to CoinDesk, Web3 payment infrastructure company Transak has announced the completion of a new funding round of $16 million, led by IDG Capital and Tether, with participation from Primal Capital, 1kx, Protein Capital, and Fuel Ventures.
Transak plans to use the funds to expand its stablecoin payment stack and enter new markets.
PRIMAL-0.37%
FUEL-4.2%
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CoinVoice has learned that according to Jin10, Annex Wealth Management's chief economist Brian Jacobsen stated that the message conveyed by core inflation is that tariff-induced inflation may be a process rather than a single event.
The impact of tariffs will leave the Federal Reserve and economic commentators puzzled in the coming months. As long as the breakeven inflation rate and other market-based inflation expectation indicators remain manageable, the Federal Reserve should feel confident in resuming interest rate cuts in September.
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CoinVoice has learned that according to Jin10, Art Hogan, Chief Market Strategist at B. Riley Wealth, stated that core commodities are the real driving force behind the rise in the CPI index, but energy and housing costs have somewhat offset this impact.
He believes that the report may not change the Federal Reserve's path forward, and expects interest rate cuts in the next three meetings.
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CoinVoice has recently learned that, according to Jin10, "Fed spokesperson" Nick Timiraos stated that the threshold for interest rate cuts has changed following the release of the July employment report.
Although the interest rate cut plan for September may be hindered by today's CPI data being too high, the CPI data for July is not "inflation-free," and its intensity may not be enough to prevent the interest rate cut in September.
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CoinVoice has recently learned that, according to Jin10, analyst Jersey's initial view on the July U.S. CPI report is that the treasury market seems worried that the CPI will rise, but the overall monthly CPI data is 0.2%, which suggests that the PCE data received before the September meeting may be close enough to the 2% target, allowing the Fed to ease monetary policy in September. Analysts still believe that the market is expected to rise further.
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CoinVoice has learned that the Vietnamese government has announced a pilot program for a digital asset exchange in the international financial center. Three legal measures have laid the foundation for the digital asset field, including the National Assembly's resolution on developing the financial center, the Ministry of Finance's submission of a pilot proposal for the digital asset exchange, and the new law's clarification of asset category definitions.
The Ministry of Finance is improving relevant pilot policies, which are expected to be submitted to the government in August, covering issuan
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CoinVoice has learned that, according to Jin10, after the release of the US CPI, S&P 500 index futures and Nasdaq 100 index futures surged to pre-market highs.
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CoinVoice has recently learned that, according to on-chain analyst Yu Jin's monitoring, the Whale AguilaTrades has increased its Ethereum Long Position to 15,000 ETH, with a position value of 65.39 million USD. The Enter a Position price was 4,309 USD, and there is currently an unrealized gains of 1 million USD.
ETH2.92%
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alejosandro9vip:
sdg ssdgs gsg svd
CoinVoice has learned that according to Jin10, the CME "Fed Watch" shows that the probability of the Fed maintaining interest rates in September is 9.9%, while the probability of a 25 basis point rate cut has risen to 90.1%. The probability of maintaining interest rates in October is 3%, the cumulative probability of a 25 basis point rate cut is 33.6%, and the cumulative probability of a 50 basis point rate cut is 63.5%.
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CoinVoice has recently learned that, according to Jin10, Dow futures are currently up 0.66%, S&P 500 futures are up 0.7%, and Nasdaq futures are up 0.8%.
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