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- 12:16The Federal Reserve is set to cut interest rates in September, with another possible rate cut before the end of the year.ChainCatcher news, according to Golden Ten Data, a Reuters survey of 107 analysts almost unanimously believes that the Federal Reserve will cut interest rates by 25 basis points on September 17, as the weak job market outweighs the impact of inflation risks. Most analysts expect further rate cuts in the next quarter. Stagnant employment growth in August, coupled with significant downward revisions to employment data over the past 12 months, has prompted economists to lower their expectations, believing the Federal Reserve may implement more rate cuts. The market has fully priced in a rate cut in September, and it is expected that there will be three rate cuts this year. Michael Gapen, Chief US Analyst at Morgan Stanley, said that the probability of a 25 basis point rate cut in September is higher than that of a larger rate cut.
- 12:10A newly created wallet withdrew 1.64 billion PUMP tokens from exchanges within three days.According to Jinse Finance, on-chain analytics platform Lookonchain has monitored that a newly created wallet address "AxTm7Z" has withdrawn 1.64 billion PUMP tokens from exchanges in the past three days, worth approximately $9.35 million.
- 12:06A newly created wallet has withdrawn PUMP tokens worth $9.35 million from exchanges in the past three days.According to ChainCatcher, monitored by Lookonchain, in the past three days, a newly created wallet "AxTm7Z" has withdrawn 1.64 billion PUMP tokens (worth $9.35 million) from exchanges.