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Share link:In this post: Santiment has stated that the increase in social media chatter surrounding the Fed and interest rates could pose risks to digital assets. More than 75% of market participants are predicting a rate cut in September after Powell’s speech. Analysts are divided over the short and long-term effects on digital assets if a rate cut happens in September.
Share link:In this post: LayerZero announced its acquisition of Stargate Finance in a $120 million deal. The deal will bring Stargate under LayerZero’s ecosystem, with ZRO becoming the sole token. ZRO and STG are down today despite the deal, as holders hope for a resurgence.
Share link:In this post: Emerging markets are projected to outperform developed economies due to looser U.S. monetary policy, tighter fiscal control in EMs, and increasing investor flows. Fed rate cut expectations are boosting EM appeal, with funds like iShares Core MSCI EM ETF attracting billions since April. Strong fundamentals support EM assets, including lower inflation surprises, attractive equity valuations, and selective currency strength like the Brazilian real.
- 22:26AAVE surpasses $240Jinse Finance reported that according to market data, AAVE has surpassed $240 and is now trading at $240.03, with a 24-hour increase of 6.14%. The market is experiencing significant volatility, so please manage your risks accordingly.
- 22:23The three major U.S. stock index futures opened higher, with Nasdaq futures up 0.8%.Jinse Finance reported that the three major U.S. stock index futures opened higher, with Nasdaq futures up 0.8%. (Golden Ten Data)
- 22:20Risk appetite rebounds, gold, silver, oil, and stocks experience sharp fluctuations at market openChainCatcher News, according to Golden Ten Data, due to the impact of weekend trade situation news, market risk appetite has increased, leading to significant fluctuations in various assets after the market opened this morning. Spot gold and silver gapped down at the open, with both dropping more than 1% at one point, but have now recovered most of the losses; WTI crude oil and Brent crude oil gapped up 0.8% and continued to strengthen; all three major US stock index futures rose, with Nasdaq futures up by 0.85%; the Australian dollar strengthened nearly 0.5% against the US dollar, while safe-haven currencies such as the Japanese yen and Swiss franc weakened slightly; bitcoin surged nearly $2,000 in the short term.