BlackRock has gone all in again.
BlackRock has gone all in again, sweeping up 1 million ETH in July, now holding 2.8 million Ethereum as a family heirloom. This institution's FOMO is crazier than retail investors in a casino, dropping 10.2 billion dollars without hesitation, enough to buy the entire Salvadoran national debt.
Trump, that old fox, knows how to play, saying publicly that he won't pressure Powell, then immediately revealing a list of three backup candidates for the Federal Reserve Chair. Just think about this operation; the current candidates are set to switch leadership right before the election, cutting interest rates, and stepping on the gas directly into the tank. The Federal Reserve's script has been written long ago; interest rates were fixed in July, but the probability of a rate cut in September soared to 58%.
Even more surprising is that the unemployment data was actually lower than expected. Do you know what this means? The prettier the economic data, the bolder the Federal Reserve is to inject liquidity; a tsunami of liquidity is already on the way. Tether's printing machine suddenly churned out 1 billion USDT in the early morning, and now with the passage of the GENIUS Act, the supply of US stablecoins is set to surge to 75 billion dollars. This is not a stablecoin; this is a super pipeline for injecting liquidity into the crypto space.
The dark web platform for crypto crimes, XSS, was recently shut down, and when European police arrested people, they seized 7 million euros in illicit funds. I say this kind of news is a big positive; the more wild dog exchanges die, the more institutions like BlackRock dare to enter the field. The toughest are the Brits, as Satsuma Company directly raised 135 million dollars to build a Bitcoin treasury. Now listed companies have learned to use Bitcoin as part of their balance sheets; who do you think the next giant in the Olympic space will be? #非农就业数据 #美联储何时降息?