The US stock market opened higher, and the Nasdaq rose 46 points
At the opening of the US stock market, the Dow Jones Industrial Average rose 47 points, the Nasdaq rose 46 points, and the S&P 500 index rose 0.16%.
At the opening of the US stock market, the Dow Jones Industrial Average rose 47 points, the Nasdaq rose 46 points, and the S&P 500 index rose 0.16%.
1. The Trump team expands the candidate list for Federal Reserve Chairman, with Bauman and Jefferson selected 2. Trump announces a public safety emergency in Washington D.C 3. Circle issues 100 million USDC on Ethereum 4. Wisconsin plans to legislate requiring Bitcoin ATMs to implement KYC 5. The Democratic Party in the US Senate approves the Republican encryption bill to evade regulation 6. S&P grants credit rating to DeFi protocol for the first time, Sky receives B-rating 7. Solana Memecoin BONK receives $25 million in corporate funding support 8. Uniswap Foundation plans to establish a new legal entity DUNI in Wyoming The above is a selection of hot topics from the past 24 hours. Click to see the full article: https://www.aicoin.com/article/478330
According to Fortune, fintech giant Stripe is partnering with crypto venture capital firm Paradigm to develop a blockchain called Tempo, which is positioned as a high-performance, payment focused Layer 1 blockchain and compatible with Ethereum's programming language. Tempo is currently in the hidden development stage, with a team size of 5 people. Previously, Stripe acquired stablecoin infrastructure company Bridge for $1.1 billion and cryptocurrency wallet developer Privy to further expand its stablecoin technology.
According to the current 4-hour cycle display, the member exclusive chip distribution indicator reveals that the 3627-3668 area is a strong support band, with cumulative trading volume accounting for 5.43% of the total trading volume, and a long short ratio close to 1:1, indicating that this area has sufficient turnover and strong support potential. Based on the K-line pattern, the latest top classification signal indicates a weak short-term trend, but the price is still above the EMA24/52 moving average, and the upward structure has not been completely disrupted. Downward risks need to be cautious, but the bottom chip peak is well locked. If it rebounds to the range of 3627-3668, it is highly likely to form a rebound. Suggest paying attention to the stabilization signal in this region. Unlock member indicators, accurately capture support and resistance, and help you plan key points in advance! The data is sourced from the PRO member's [ETH/USDT Binance USDT perpetual 4-hour] K-line, for reference only, and does not constitute any investment advice.
The Bank of America research report stated that there is insufficient reason for the Federal Reserve to cut interest rates in September, as the current inflation rate is still above the 2% target, and the increase in tariffs may exacerbate price pressures. Bank of America warns that premature interest rate cuts may lead to an easing cycle before inflation reaches its peak, and maintains its forecast of 'no interest rate cuts this year'. At the same time, it is pointed out that the downward revision of non farm employment data may increase the risk of passive interest rate cuts due to the deterioration of the labor market.
OKX - LDO is currently priced at $1.50, with a 7.91% increase over 24 hours. 24-hour transaction volume of 1.8 billion US dollars, an increase of 19.12%, for reference only