Overview of Key Overnight Developments on August 14
21:00-7:00 Keywords: Robinhood, Mt.Gox, MakerDAO, Essential
1. Robinhood may launch a stablecoin;
2. The probability of the Federal Reserve cutting interest rates by 50 basis points in September is 46%;
3. Analysis: The repayment of Mt.Gox creditors' funds may be nearing completion;
4. Grayscale launches a crypto fund for MakerDAO's governance token MKR;
5. Bitfarms co-founder Nicolas Bonta resigns from the board;
6. U.S. Treasury yields rise, PPI growth below expectations supports aggressive Fed rate cuts;
7. Fed's Bostic: Rate cuts are imminent, hoping to see more data;
8. Intent-centric Ethereum Layer 2 network Essential completes $11 million Series A financing;
9. Bloomberg ETF analyst: Whether the SOL ETF can pass next year depends on a change in government.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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