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August core CPI exceeded expectations, and the Fed’s dream of a sharp interest rate cut was shattered
August core CPI exceeded expectations, and the Fed’s dream of a sharp interest rate cut was shattered

The core CPI monthly rate has increased market concerns about stubborn inflation, and the chances of a 50 basis point rate cut are slim, causing gold to plunge in the short term...

Jin10·2024/09/11 13:04
Bitcoin short-term holder demand weakens, long-term accumulation continues: CryptoQuant
Bitcoin short-term holder demand weakens, long-term accumulation continues: CryptoQuant

CryptoQuant noted the number of bitcoins held by short-term holders has been declining since late May, suggesting a weakening in demand.In contrast, long-term bitcoin holders appear to accumulate in the face of this short-term holder capitulation.

The Block·2024/09/11 10:03
Flash
  • 17:33
    xAI announces partnership with Polymarket to introduce GROK analysis into market predictions
    According to a report by Jinse Finance, xAI, a company under Musk, announced a collaboration with the prediction market Polymarket to integrate market predictions with X data and GROK analysis. Previously, on June 6, it was reported that the social platform X announced a partnership with Polymarket to become its official prediction market partner.
  • 17:32
    700 US Marines have arrived in Los Angeles
    According to a report by Jinse Finance, on the 10th local time, the U.S. Northern Command stated that 700 Marines have arrived in the Los Angeles area. The U.S. Northern Command issued a statement on the 9th saying that approximately 700 Marines have completed mobilization and will seamlessly integrate with the National Guard already deployed in the Los Angeles area of California to protect federal agencies and personnel in the Los Angeles area. CNN reported that the deployment of an entire Marine battalion to Los Angeles marks a significant escalation in the Trump administration's use of military force to demonstrate power against protesters.
  • 17:32
    Data: A whale withdraws 1,997 ETH from CEX, approximately $5.74 million
    According to Onchain Lens monitoring data, a whale withdrew 1,997 ETH from a CEX exchange, equivalent to approximately $5.74 million at the current market value.  
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