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  • 08:41
    Analysis: Ethereum is currently at a critical support level, a break below could lead to a price decline to under $2800
    Cryptocurrency traders analyze that the price of Ethereum has currently reached a key support level and is at a critical point. If it fails to hold, it may cause a drop below $2800. MN Trading founder Michael van de Poppe said, "If this key point fails to hold, Bitcoin may test $60,000 and Ethereum will test $2,800 as the final major correction." Anonymous cryptocurrency trader Crypto Wealth believes that "before a complete reversal, the only other level that prices might reach is around $2700." Anonymous cryptocurrency trader Poseidon added, "At this point, the price should sweep past the low of $2800 and test weekly demand with fluctuations in the range of about $2500-$2700."
  • 08:40
    The Mr. Miggles NFT meme project on Base has over 85,000 holders
    According to Mr. Miggles' disclosure on social media, there are currently over 85,000 holders of Mr. Miggles NFT.
  • 08:39
    Barclays: The Federal Reserve is unlikely to cut interest rates by 50 basis points in September
    Media reports, Barclays stated that we now expect the Federal Reserve FOMC to cut interest rates three times in September, November and December this year, each time by 25 basis points. We assume that the labor market will show continued resilience in the August report and that unemployment will stop rising. Based on this assumption, we currently believe it is unreasonable to cut interest rates by 50 basis points in September. However, if unemployment continues to rise further, it would raise concerns about a faster-than-expected cooling of the labor market. Looking ahead to 2025, we expect unemployment rate will gradually drop to 4.2%, with inflation forecasts remaining unchanged. We continue to anticipate FOMC will reduce interest rates three more times next March, June and September; concerns over lack of further progress on inflation for second half of 2025 are expected lead FOMC pause its rate-cutting action after federal funds rate range reaches between 3.75% -4%. In long term view ,we still consider neutral interest rate level around between 3%-3.25%.