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XRP is seeing record accumulation, fueling hopes of a breakout above $3, though elevated NVT signals could slow near-term momentum.
Share link:In this post: Investors are rushing to gold due to global wars, Fed uncertainty, and inflation fears. Major gold mining stocks like Newmont and Agnico Eagle are up over 80% this year. Spot gold is near $3,600/oz, with ETFs like GLD and IAU seen as the best way to invest.
Share link:In this post: Government bond yields are rising fast, making it more expensive for countries to borrow and service debt. Mortgage rates are surging in the U.S., as 30-year Treasury yields jump past 5%. Stock markets are under pressure, with higher bond yields driving down equity valuations.
Pi Coin is losing ground near critical support, with weak correlation to Bitcoin and bearish technical signals pointing toward new record lows.
The high volatility brought by the price surge, combined with bullish narratives, will boost market confidence, expand risk appetite, and ultimately lead to frenzy.
This move reflects Tether’s broader expansion into AI, Bitcoin mining, and other sectors as it seeks to position itself beyond stablecoin issuance.
Decentralized exchange Hyperliquid’s plan for a USDH stablecoin has attracted competing interests from Paxos and Frax Finance.
- 18:23Fed rate cut bets surge as initial jobless claims data confirms labor market weaknessBlockBeats News, on September 11, this Thursday, a U.S. government report showed that initial jobless claims surged to a nearly four-year high. The short-term interest rate futures market continues to increase bets on Federal Reserve rate cuts, shifting from expecting at least two rate cuts by the end of this year, to betting on four consecutive rate cuts from September to January next year, to fully pricing in three rate cuts within this year, meaning the Federal Reserve will cut rates at all remaining meetings this year. However, the August CPI increase was stronger than expected, which may prevent the Federal Reserve from starting aggressive rate cuts. The probability of a 50 basis point rate cut by the Federal Reserve in September rose slightly from 8% before the announcement to 10.9%. (Golden Ten Data)
- 18:23Analyst: The rise in initial jobless claims is related to anomalies in TexasBlockBeats News, on September 11, Jordan Rochester from Mizuho Bank pointed out that the surge in initial jobless claims was mainly driven by Texas. This may be the reason why the bond market gave back its earlier gains. "It's hard to get too excited about this spike in claims, and don't assume it will be a long-term trend, as it is mainly driven by anomalies in Texas." (Golden Ten Data)
- 18:22The S&P 500 Index Hits an Intraday All-Time HighBlockBeats News, on September 11, the S&P 500 Index reached an intraday all-time high. JPMorgan expects that the scale of US stock buybacks will increase by another $600 billion on top of this year's record $1.5 trillion. In just eight months, the global buyback scale has already reached last year's $1.37 trillion, which means it could reach $1.9 trillion in 2025, an increase of 38%. Despite strong trading volume, buybacks relative to market capitalization remain below historical peaks (2.6% in 2007, 5% in 2007). While IPO activity remains sluggish, record stock buybacks are reducing stock supply for the fourth consecutive year, continuing to support the market. (Golden Ten Data)