News
Stay up to date on the latest crypto trends with our expert, in-depth coverage.
What were foreigners most concerned about in the past 24 hours?
Why is it said that almost all altcoins will go to zero, with only a few exceptions?
The article discusses the upcoming Federal Reserve interest rate cut decision and its impact on the market, with a focus on the Fed’s potential relaunch of liquidity injection programs. It also analyzes the Trump administration’s restructuring of the Federal Reserve’s powers and how these changes affect the crypto market, ETF capital flows, and institutional investor behavior. Summary generated by Mars AI. This summary was produced by the Mars AI model, and the accuracy and completeness of the generated content are still being iteratively updated.
The Federal Reserve announced a 25 basis point rate cut and the purchase of $40 billion in Treasury securities, resulting in an unusual market reaction as long-term Treasury yields rose. Investors are concerned about the loss of the Federal Reserve's independence, believing the rate cut is a result of political intervention. This situation has triggered doubts about the credit foundation of the US dollar, and crypto assets such as bitcoin and ethereum are being viewed as tools to hedge against sovereign credit risk. Summary generated by Mars AI. The accuracy and completeness of this summary are still in the process of iterative updates.
Still waters run deep, subtly reviving the narrative thread of 402.
You’d better honestly ask yourself: which side are you on? Do you like cryptocurrency?
![Axe Compute [NASDAQ: AGPU] completes corporate restructuring (formerly POAI), enterprise-level decentralized GPU computing power Aethir officially enters the mainstream market](/news-static/client/media/cover-placeholder.101bcc72032a7c4f0a397f15f3252c92.svg)
Predictive Oncology has been renamed Axe Compute (AGPU), becoming the first decentralized GPU infrastructure company listed on Nasdaq. Through the Aethir network, it provides computing power services for AI enterprises, aiming to solve the industry's computing power bottleneck.
Ongoing volatility in the repo market and increased fluctuations in term spreads have heightened concerns about year-end funding tightness, highlighting the underlying fragility of the system.
In Brief Sei shows signs of recovery despite recent crypto market fluctuations and a weak price trend. A dramatic increase in trading volume and derivatives indicates renewed investor interest. Sei's collaboration with Xiaomi highlights substantial growth potential; 17 million new users annually.
- 21:47Tether plans to acquire Juventus Football Club, preparing to invest $1 billion to reshape the club.Jinse Finance reported that stablecoin issuer Tether announced plans to fully acquire the Italian football club Juventus FC. The company has submitted a binding all-cash offer to controlling shareholder Exor to acquire its 65.4% stake, and is prepared to launch a public offer for the remaining shares after the transaction is completed, aiming to increase its holding to 100% ownership. Tether stated that if the deal is successful, it will inject $1 billion into the club. CEO Paolo Ardoino emphasized that, as a lifelong Juventus fan, he hopes to provide the team with long-term and stable capital support through Tether's strong financial strength. After the announcement, Juventus club's fan token JUV surged 30% in a short period.
- 21:25Trump Favors Walsh or Hassett to Lead the Federal Reserve, Says Interest Rates Should Be at 1% or Lower in a YearJinse Finance reported that President Trump stated he is inclined to choose either former Federal Reserve Governor Kevin Warsh or National Economic Council Director Kevin Hassett to lead the Federal Reserve next year. In an interview in the Oval Office on Friday, the President said Warsh is his top choice. "Yes, I think he is. You know there are two Kevins," he said. "Both of them—I think both Kevins are outstanding. Of course, there are several other excellent candidates as well." In recent weeks, after Trump repeatedly hinted that he had selected a candidate for Fed Chair, Hassett has increasingly been seen as the frontrunner. However, Trump's latest remarks indicate that Warsh remains firmly in the running. According to sources, Trump held a 45-minute meeting with Warsh at the White House on Wednesday, during which he pressed Warsh on whether he could guarantee support for rate cuts if appointed as Fed Chair. Trump confirmed this in the interview. "He believes rate cuts are necessary," Trump said of Warsh. "Everyone I've spoken to thinks so as well." Trump stated that he believes the next Fed Chair should consult him when formulating interest rate policy. "That’s not usually done now, but it used to be standard practice, and it should be," Trump said. "That doesn’t mean—I don’t think he has to do exactly what I say. But without a doubt, my opinion is valuable and should be heard." When asked what interest rate level he would like to see a year from now, Trump said: "1%, or maybe even lower." He said rate cuts would help the U.S. Treasury reduce the financing costs of the $30 trillion government debt. "We should have the lowest interest rates in the world," he said.
- 20:58The US Dollar Index rose by 0.05% on the 12th.Jinse Finance reported that the US Dollar Index rose by 0.05% on the 12th, closing at 98.397 in the foreign exchange market.