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Since users were asked to migrate off the mainnet, it is now almost impossible to see L2 being able to return to the sustained ETH burning levels seen before Dencun.
Share link:In this post: Most economists think the Fed will only cut rates by a quarter-point in September, even though big banks are pushing for a bigger reduction. The July jobs report was weaker than expected, but Fed leaders aren’t panicking and are sticking to their gradual approach. Inflation might have ticked up a bit in July, but it’s not enough to change the Fed’s plan to slowly lower rates.
The company disclosed a net loss of $27 million, equating to a 7-cent loss per share, both basic and diluted.
- 15:19BTC Surpasses $104,000Market data shows that BTC has surpassed $104,000, currently reported at $104,003.52, with a 24-hour increase of 0.46%. The market is quite volatile, so please ensure proper risk management.
- 15:16Casa Co-Founder: The only way to slow down Strategy's accumulation of BTC is for other entities to adopt the same strategy and push it out of the marketJameson Lopp, co-founder of Bitcoin custody company Casa, stated on the X platform that the only way to slow down Strategy's accumulation of Bitcoin is to encourage other entities to adopt the same strategy and push it out of the market. Similarly, the only way to slow down "junk information" within Bitcoin blocks is to encourage more independent use of Bitcoin to increase the price of block space and exclude low-value use cases.
- 15:15Important Events and Data Preview for Next Week: US April CPI Data to be Released on TuesdayImportant Events and Data Preview for Next Week: Monday: Speeches by Federal Reserve Governor Kugler and others; Tuesday: U.S. April CPI data; Thursday: U.S. Initial Jobless Claims for the week; U.S. April PPI data; 2027 FOMC voting member, San Francisco Fed President Daly participates in a fireside chat, Federal Reserve Chairman Powell delivers opening remarks at an event, Federal Reserve holds the second Thomas Laubach Research Conference; Friday: U.S. May one-year inflation rate expectation preliminary value; Saturday: Speeches by Federal Reserve's Barkin and Daly. (Jin10)