So awesome, my friend, our blue knowledge is the coolest!
夏木KRIS
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We did it: Setting a historical record at Binance Square, 100,000 people witnessed the live stream. On the evening of 7/8, I, along with a group of like-minded friends, started a special live stream at Binance Square. @大漠哥 @Leo乘风 @加密渝 @Mike香蕉 @马克如Mcrowe @小天0xOne @Supers @Molly币圈大V推荐 @小胖eth @x也叫加密小韭菜 We had no script, no rehearsal; everything came from our most authentic selves. In the end, we achieved over 100,000 views. We talked about market trends, analyzed projects, discussed trends, and even sang live while interacting with the audience. The live stream was filled with English, Spanish, Indonesian, and Chinese, as if we were in a Web3 party that transcended languages and cultures. This was a breakthrough, but it is by no means the end. Professionalism, we can deliver. Companionship, we can provide. Internationalization, we are achieving. We may not be the biggest, but we are the most sincere; We may not be the most traditional, but we are the hardest to replicate. In the future, no one will overlook our existence. Thank you to everyone who accompanied us that night. Also, please remember the name of this live stream: The most joyful and soulful creator team at Binance Square is rising.
At the end of July and the beginning of August this year, there may be another wave of significant declines. The reasons are as follows:
1. In July-August, One Big Beautiful Bill will be passed, the debt ceiling will be lifted, and the cash-strapped U.S. Treasury will need to issue more government bonds to replenish the TGA, leading to liquidity tightness, while Bitcoin is a liquidity-sensitive asset;
2. Recent increases in oil prices and tariffs will affect prices and will become apparent in July-August, and inflation data may perform poorly;
3. The issuance of government bonds will push up government bond yields, and inflation leading to a decline in interest rate expectations will also push up government bond yields, which may trigger panic related to government bonds. #bitcoin $BTC $ETH
There’s new progress on Trump’s fiscal budget bill. On Tuesday (Washington, D.C. time), Trump visited Capitol Hill, pressuring Republican lawmakers to support the passage of his budget bill.
This bill, also known as the "Big Beautiful Bill," will raise the debt-to-GDP ratio to 125%, an unprecedented level.
It will also lift the debt ceiling.
Once this bill passes Congress, the Treasury will issue more government bonds, leading to a contraction in market liquidity. A similar situation occurred from June to September 2023, when the S&P index fell steadily for four months, and Bitcoin dropped for three months, until Yellen’s issuance of short-term bonds triggered the release of overnight reverse repo funds, which then restarted the upward trend.
Therefore, I personally plan to clear all my token holdings when the bill passes and wait to re-enter the market in the third quarter. I predict that the market might hype up topics like fiscal deficits, the national debt crisis, and stagflation at that time. #BTC110KToday? $BTC $ETH $BNB
On July 12, the US dollar index was 104.462, down 0.08%; the US 10-year Treasury bond yield was 4.2240%, down 1.62%. The CPI data was lower than expected, greatly increasing the possibility of a rate cut this year. Japan took the opportunity to intervene in the yen exchange rate, the US dollar weakened, US Treasury bonds soared in the early morning, US stock funds began to rotate, and the Russell 2000 rose sharply. On the Fed side, Chicago Fed President Goolsbee described the CPI data as "excellent" and said the report provided the evidence he had been waiting for to be convinced that the central bank is moving towards its 2% target. San Francisco Fed President Mary Daly said that inflation is expected to gradually decline, the labor market is also gradually slowing down, and interest rates may be cut 1-2 times this year. The final result of the interest rate cut still depends on the data and meeting discussions.
A Fed governor said that interest rates will be cut this year? Come and see today's financial hot spots.
#Lista启航新纪元 On June 28, the US dollar index was 106.077, up 0.14%; the US 10-year Treasury bond yield was 4.3190%, up 0.76%. The weakening of the Japanese yen and the euro pushed the US dollar index stronger; the Treasury bond yield fell slightly after the release of the Q1 GDP data, but has now risen again. Bond market investors are still waiting for Friday's PCE data.
In terms of economic data, the number of initial jobless claims in the United States fell last week, but the number of continuing claims in mid-June jumped to the highest level in two and a half years, suggesting that labor market conditions are loosening amid slowing economic growth. Business equipment spending fell in May, and the decline in exports led to a widening of the goods trade deficit. The US Q1 GDP showed a slowdown in the economy.
$ZK I give a fair valuation of 0.04, I will only buy if the price is less than or equal to this price. No one uses this chain, and the circulation market value of 100 million is very high.
On June 27, the US dollar index was 105.976. It once broke through 106 in the early morning today and is currently up 0.38%; the US 10-year Treasury bond yield is 4.349%, up 2.1%. The Japanese yen fell to a 38-year low against the US dollar. The market is worried that the Bank of Japan will take measures to boost the yen and US dollar liquidity at the end of the month. The US dollar index and Treasury bond yields have both soared. U.S. new home sales plunged 11.3% month-on-month to a six-month low of 619,000 units in May, adjusted for seasonal factors, as soaring mortgage rates weighed on demand, while a 16-year high in new home supply helped curb house price increases.
On June 26, the US dollar index was 105.806, up 0.16%; the US 10-year Treasury bond yield was 4.269%, up 0.69%. It should be noted that the US 2-year-10-year Treasury bond yield spread once exceeded negative 50 basis points, the first time this year, but then the degree of inversion was slightly reduced. Due to the ideal results of the 2-year Treasury bond auction, the 2-year Treasury bond yield fell back. On the Fed side, Governor Cook said that if the economy performs in line with her expectations, the Fed will cut interest rates, but refused to disclose the specific time point. Knowing the exact level of the neutral interest rate is not an important factor in real-time decision-making. Governor Bowman said that he does not think there will be a rate cut this year and is willing to raise borrowing costs if necessary. (The speeches of the two governors are basically within the expectations guided by the dot plot. There is no need to panic. Be prepared for only one rate cut, be prepared for no rate cut, and be prepared for non-continuous rate cuts by hawks.)
$CFX The project owner didn't have the fate of a Trisolaran, but got the disease of a Trisolaran. When I heard about this coin, I did some research and saw the Tsinghua team, academician endorsement, and state-owned enterprises. The whole screen was full of "sickle" flavor. I have never bought it, and I hope it will return to zero soon. #Mt.Gox将启动偿还计划
$CFX poor Tsinghua project owner, we bugs don't deserve to be cut by you, 嘤嘤嘤, I won't buy, I won't buy, I won't buy, I'll piss you off to death. I wish $CFX will return to zero soon.
$CFX Tsinghua Yao Class cannot hide the fact that this is a poor Chinese platform. The price of the currency keeps falling. As a public chain, there is no airdrop.
Let me reveal it to you again. PRC Academician Yao Qizhi is the chief scientist of CFX.
People don’t care about the price of the currency, nor do they care about ordinary users. Since they want to be an aristocratic chain, let the aristocrats buy the currency and the aristocrats interact.
It’s better to buy A shares than to buy $CFX . Buying A shares at least makes you a shareholder and has voting rights. You can’t get anything by buying $CFX , a poor Chinese platform.
Financial hot spots worth paying attention to on June 25
On June 25, the US dollar index was 105.388, down 0.09%; the US 10-year Treasury yield was 4.2360%, down 0.02%. The US market seems to have walked out of the panic of European debt and began to wait for this week's PCE data. According to Bloomberg, the early legislative elections held by French President Emmanuel Macron mean a major shift in France's economic policy. Investors are worried that any winner may cause the French government deficit to swell. They are currently demanding the risk premium of French bonds to reach the highest level since 2012, worried that France's sovereign credit will be in trouble.