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The probability of the Federal Reserve raising interest rates by 25 basis points in September is currently 34.6%
BlockBeats news, on August 21, according to CME "Fed Watch" data, the probability of the Federal Reserve maintaining the interest rate unchanged in September is currently 65.4%, while the probability of a 25 basis point rate hike is 34.6%.
Citibank: Downgrades short-term USD outlook
BlockBeats news, on August 21, Citigroup's currency strategists recently turned bearish on the US dollar, citing the market's preparation for a weakening Fed hawkish stance, midterm elections, and the US Treasury's expansion of debt buybacks.
Led by Daniel Tobon, Citigroup strategists wrote in a research report on Thursday that the team lowered their three-month forecast for the US dollar index from 102.12 to 98.34.
This shift came after the bank issued a warning: the latest move by US Treasur
"Maji" continues to increase long positions on ETH, with a total unrealized profit of 4.3 million USD
BlockBeats news, on August 21, according to TradingBeats (formerly Hyperinsight) monitoring, "Brother Maji" Huang Licheng continues to increase his long positions on ETH, currently long 20,400 ETH with 25x leverage, floating profit of 3.95 million USD, long 80 BTC with 40x leverage, floating profit of 30,000 USD, and long 133,000 HYPE with 10x leverage, floating profit of 320,000 USD.
Peter Schiff: Bitcoin's rise is just a "false breakout," recommends selling BTC to buy gold
BlockBeats news, on August 21, long-time Bitcoin critic Peter Schiff posted that "Bitcoin's breakout above $72,000 is a false breakout, not a real one. The U.S. Treasury's announcement of a buyback plan caught the market off guard. For a long time, Bitcoin investors have believed that the return of loose monetary policy would be the catalyst for a big rally in gold and Bitcoin. But this judgment is only half correct. I recommend selling Bitcoin and buying gold."
Franklin Templeton plans to introduce tokenized assets into traditional funds
BlockBeats news, on August 21, according to Bloomberg, Franklin Templeton is preparing to introduce tokenized assets into traditional investment funds. The company stated that after obtaining approval from U.S. regulators, its digital-native products are allowed for the first time to be used in traditional funds.
According to a letter published by the U.S. Securities and Exchange Commission (SEC) and information disclosed by company executives, Franklin Templeton plans to use its tokenized mone
Privacy project Beldex completes $8 million funding round, led by Sigma Capital
BlockBeats news, on August 21, privacy public chain project Beldex completed a round of $8 million financing, led by Sigma Capital, with participation from NTC, Nxgen, Digital Consensus Fund, and EAK Ventures. This round of financing will be used to accelerate the development of its privacy infrastructure for Web3 and AI.
As the business expands, Beldex is extending from its existing privacy ecosystem further into the infrastructure field, providing support for developers to build private and c
The US CFTC will hold its first Innovation Advisory Committee meeting to discuss topics including cryptocurrency
BlockBeats news, on August 21, crypto journalist Eleanor Terrett posted that the U.S. Commodity Futures Trading Commission (CFTC) will hold its first Innovation Advisory Committee meeting today at 1 PM Eastern Time to discuss topics including cryptocurrency, artificial intelligence, and prediction markets.
Participants in this meeting will include several corporate executives who attended a White House event yesterday, as well as other leaders from the crypto industry, traditional finance, acad
In the past 24 hours, the entire network liquidated $1.772 billion, with over 140,000 people liquidated globally
BlockBeats news, on August 21, according to Coinglass data, the total liquidations across the entire network in the past 24 hours reached $1.772 billion, including $220 million in long liquidations and $1.552 billion in short liquidations, with a total of 146,990 people liquidated worldwide.
Ethos will start the WHUF token auction on September 1, with an initial FDV of $1,000,000
BlockBeats news, on August 20, according to official information, the on-chain reputation protocol Ethos Network announced that it will start the WHUF token auction on September 1, planning to sell 20% of the total token supply. This auction sets an 85% price protection mechanism, with a starting fully diluted valuation (FDV) of $1 million and a maximum valuation cap of $99 million.
Additionally, Ethos will provide extra rewards for contributor XP and referral participants. Users can complete r