The heat ranking shows
①UNILAYER ($0.01507, 2.24%)
②PARTI ($0.2195, -13.00%)
③MEMEFI ($0.005404, 0.17%)
④ETH ($1840.00, 2.34%)
⑤ASR ($1.69, -21.03%)
Analysts: The Federal Reserve is only likely to cut rates when weak employment data appears.
The money market may be overly optimistic about the Federal Reserve's interest rate cuts this year. Metzler maintains its forecast that the Federal Reserve will cut rates twice in 2025, and now expects the next easing policy to only be implemented in July, primarily due to the ongoing strength of the U.S. labor market. According to LSEG data, the money market expects three rate cuts in 2025. Analysts expect Powell to focus on the issue of price stability in the press conference, particularly the rising inflation expectations, which are currently raising concerns among monetary authorities. A rate cut is only likely when the weakness in the U.S. economy is reflected in the labor market.
The U.S. Senate will vote on the stablecoin bill on Thursday.
The U.S. Senate is set to hold a key vote on the GENIUS stablecoin bill on Thursday. The bill requires stablecoins to be fully backed by liquid assets such as dollars and short-term treasury bonds. Since 60 votes are needed for passage, Republicans need to seek Democratic support. Currently, several Democratic senators oppose it due to insufficient foreign investment regulation and anti-money laundering provisions, and there are also divisions within the Republican Party. Meanwhile, Democrats are investigating Trump's ties to the cryptocurrency industry.
The Federal Reserve will indicate that it has no intention of breaking the deadlock in the short term.
U.S. Treasury and Eurozone bond yields were almost unchanged in early trading as investors remained cautious ahead of the Federal Reserve policy meeting. The Federal Reserve is expected to keep rates unchanged in Wednesday's decision, and due to recent strong U.S. economic data, it is unlikely to signal a rate cut in the coming months. KBC bank analysts stated in a report: 'The Federal Reserve is expected to keep rates stable and indicate that it has no intention of breaking the deadlock in the short term.'
Ethereum ICO whale deposits 2500 ETH to the exchange, worth 4.59 million dollars.
According to monitoring by ai_9684xtpa, three days later, the '2015 ICO whale with 76,000 ETH' deposited 2500 ETH (4.59 million dollars) to the exchange 15 minutes ago, suspected of selling. It still holds 11,000 ETH, worth 20.2 million dollars, with a cost as low as 0.31 dollars.