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Institutional Crypto Research Written by Experts
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.
- 18:17Data: Abraxas Capital purchased 33,482 ETH again in the past 12 hoursAccording to Lookonchain monitoring, Abraxas Capital has purchased an additional 33,482 ETH ($84.7 million) in the past 12 hours, bringing its total purchases over the past 6 days to 211,030 ETH ($477.6 million).
- 18:17Trump Calls on Powell to Cut Interest Rates AgainPresident Trump stated that there is no inflation, and the prices of gasoline, energy, groceries, and almost all other goods are falling. The Federal Reserve must lower interest rates like Europe and China. "Too late, Mr. Powell," why are you still hesitating? This is unfair to the United States, which is ready to prosper. Let everything take its course, it will be a wonderful thing.
- 18:17Trump: The Stock Market Will SurgeAccording to Jinshi reports, U.S. President Trump stated that the stock market will rise significantly.