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Federal Reserve Chairman Powell stated that a rate cut in December is not inevitable, leading to a significant decrease in market expectations for rate cuts and a decline in risk assets. The crypto market also dropped as a result, with bitcoin falling below $110,000. The trading volume of Bitwise Solana ETF continues to grow. Summary generated by Mars AI. The accuracy and completeness of the content generated by the Mars AI model are still being iteratively updated.
Powell clearly indicated that a rate cut in December is not certain, with hawkish sentiment "awakening"! International trade sentiment is improving, and gold prices remain highly volatile. The Gaza ceasefire remains fragile, while Japan-U.S. relations are entering a "golden era." Nvidia's market value surpasses 5 trillions! Which exciting market moves did you miss this week?
Jensen Huang appeared at the Kkanbu Chicken restaurant in Seoul and had a fried chicken dinner with the heads of Samsung Electronics and Hyundai Motor, unexpectedly sparking a frenzy in Korean "meme stocks."
Solana is actively transforming "blockchain technology" into foundational infrastructure, emphasizing its financial attributes and capacity to support institutional applications.
We have reviewed the BNB Chain and Solana-related x402 projects currently on the market to help everyone better identify assets in this narrative cycle.
The assets on the Sun Wukong platform have exceeded 100 millions. With its innovative user experience and ecosystem synergy, it is leading a new era of decentralized contract trading. Experts predict that the future will be characterized by the coexistence of DeFi and CeFi, but with decentralization taking the lead.
The Executive Chairman of Strategy made his debut in the Middle East.
- 16:06Ether.fi DAO proposes to buy back $50 million worth of ETHFIForesight News reported that Ether.fi DAO has proposed to repurchase up to $50 million worth of ETHFI tokens when the trading price of ETHFI falls below $3. The plan will be launched immediately upon approval. The plan will take effect immediately after DAO approval and will continue until one of the following three conditions is met: the $50 million cap is reached, the foundation deems the plan complete, or a subsequent governance vote modifies or terminates it. The four-day snapshot vote began on Friday, and if approved, this will be the protocol's third buyback plan following Proposal #8 and #10. Previously, liquidity support was provided through Proposal #10.
- 16:05Bitcoin rewards company Fold partners with fast-food chain Steak'n Shake to launch a promotional campaignForesight News reported that bitcoin rewards company Fold Holdings has partnered with fast-food chain Steak'n Shake to launch a limited-time promotion, giving customers the opportunity to earn bitcoin when ordering at the restaurant. Customers who purchase a Bitcoin Burger or Bitcoin Combo can visit the website, upload their receipt, and receive a unique redemption code to claim $5 worth of bitcoin through the Fold app. After downloading the Fold app and activating their account, users can redeem the $5 bitcoin reward and continue to earn bitcoin on future purchases.
- 16:05At the end of the earnings call, the CEO of a certain exchange opened a prediction market and recited everything users predicted he would say.Foresight News reported that Tyrael, co-founder of Crypto Raidlers, stated that the CEO of a certain exchange, Brian Armstrong, opened a prediction market at the end of today's exchange earnings call and proceeded to say all the things people predicted he would say in one go.