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- 20:23Bank of America: Expects the Federal Reserve to cut interest rates twice in 2025, previously expected no rate cutsBlockBeats News, September 5, Bank of America stated that it expects the Federal Reserve to cut interest rates twice in 2025, compared to its previous forecast of no rate cuts. (Golden Ten Data)
- 20:22If Bitcoin falls below $110,000, the cumulative long liquidation intensity on major CEXs will reach $977 million.BlockBeats News, September 5, according to Coinglass data, if Bitcoin falls below $110,000, the cumulative long liquidation intensity on major CEXs will reach $977 millions. Conversely, if Bitcoin breaks through $113,000, the cumulative short liquidation intensity on major CEXs will reach $975 millions. BlockBeats note: The liquidation chart does not show the exact number of contracts pending liquidation, nor the precise value of contracts being liquidated. The bars on the liquidation chart actually represent the relative importance, or intensity, of each liquidation cluster compared to adjacent clusters. Therefore, the liquidation chart shows the extent to which the underlying price reaching a certain level will be affected. Higher "liquidation bars" indicate that once the price reaches that level, there will be a stronger reaction due to a wave of liquidity.
- 20:14Vitalik Buterin: Low-cost stablecoin transactions are an important value brought by cryptocurrenciesForesight News reported that Ethereum co-founder Vitalik Buterin stated that low-cost stablecoin transactions continue to be one of the most important sources of large-scale value offered by today's cryptocurrency. He expressed his pleasure that Codex has joined the ecosystem as an L2 and praised the project for clearly considering its synergy with Ethereum L1 from the very beginning.