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Crypto exchange Hyperliquid has become the most profitable company in the world by revenue per employee, generating $102.4m per worker. The firm operates with just 12 employees.
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According to CME Group, investors now have an 84.9% chance of the Federal Reserve cutting interest rates in September. This suggests the market is almost certain of a rate cut due to the weak economy and inflation pressures. $MKR $SUI $BNB
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Cryptocurrencies Under Selling Pressure After Fed Minutes. Bitcoin Shrinks Gains to $114.4K Ethereum, Ripple, Tether Turn Lower Fed: Holds Interest Rates Steady Amid Trump Tariff Dispute. $BTC $ETH $XRP
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🇺🇸 WALL STREET IS PREDICTING THAT A RATE CUT WILL BE ANNOUNCED AT JACKSON HOLE SUMMIT ON FRIDAY! FED WATCH TOOL ODDS ARE NOW AT 83% FOR THE RATE CUT IN SEPTEMBER🔥. A surprise rate cut at Jackson Hole could be the catalyst crypto’s been waiting for, supercharging risk appetite and pulling sidelined capital into digital assets fast. Traders are already shifting portfolios, as the 83% probability on the Fed Watch Tool signals near-consensus for a dovish pivot—expectations like these tend to front-run price action, driving preemptive buying and short squeezes. A confirmed cut might mark the end of the “pit bottom,” setting fresh support and unleashing volatility as investors chase upside into a new risk-on cycle. $GRT $FIL $ZRX
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$TRUMP demands Lisa Cook's resignation from the Federal Reserve following allegations of falsifying documents to obtain mortgage loans, and Bolti calls on the Justice Department to open a criminal investigation. The US Department of Justice is investigating a Federal Reserve member. A US Department of Justice official stated that the department has received a referral to open a criminal investigation into Federal Reserve member Lisa Cook, and that the department is taking the matter seriously. 📈 Markets have responded directly to the news. $DYDX $NEO
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Crypto is becoming the new oil for the UAE. Institutional investors see it growing into the country’s second-largest industry within five years. Oil built the past, crypto is shaping the future. The Emirates made the right bet: diversification plus innovation means lasting prosperity. $BNB $SOL $XRP
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