News

Odaily Planet Daily reported that Chris Zaccarelli, Chief Investment Officer at North Light Asset Management, stated that traders have been closely watching today’s Consumer Price Index report, and the Federal Reserve may be paying even closer attention—as internal debates over whether to cut rates immediately are still ongoing. Fortunately, this morning’s report was largely in line with expectations, with core data (excluding food and energy) showing that inflation remains under control (for example, the monthly increase was below expectations, and the annual increase matched the consensus forecast of 2.9%). If inflation does remain under control, the Fed could begin cutting rates—as early as September; but if subsequent reports show a different trend, the Fed will have to maintain its current policy for a longer period.

Odaily Planet Daily reports that the Core Foundation has officially launched Rev+, an on-chain revenue sharing mechanism at the protocol level, providing ongoing incentives for developers, stablecoin issuers, and decentralized organizations. Rev+ allows project teams and stablecoin issuers to earn stable income from on-chain transactions, distributing gas fees based on contributions such as transaction volume and address activity.