Odaily Planet Daily News: Dutch International Group economist Knightley said that the Federal Reserve may not cut interest rates until December, but will choose to significantly cut interest rates by 50 basis points. The economist stated that due to the inflationary impact of tariffs, the Federal Reserve will not immediately cut interest rates. However, the impact of tariffs on prices will be one-time. This will enable the central bank to boost the slowing economy later by cutting interest rates. The possibility of a September interest rate cut is high in the current pricing of the US money market. However, Knightley stated that the Federal Reserve may also wait longer rather than choosing to make a larger rate cut in December. (Golden Ten)
BlockBeats News: On June 3rd, Arkham stated on social media that Satoshi Nakamoto is now richer than Bill Gates, among whom
·Satoshi Nakamoto's net worth: $116.7 billion; Bill Gates' net worth: $116.2 billion
According to Cryptotimes, SolarBank, a North American developer of solar and energy storage projects, announced that it will follow Strategy and use Bitcoin as its financial reserve asset. The company has applied to open a Coinbase Prime account for managing Bitcoin and plans to combine it with a self managed wallet to manage assets. SolarBank stated that this move aims to hedge against inflation and fiat currency depreciation risks, while attracting tech investors who are interested in the cryptocurrency and DeFi fields.
CEO Richard Lu stated that Bitcoin is in line with his long-term strategy in the energy and finance sectors, but the specific purchase plan will depend on market conditions, Bitcoin prices, and cash flow, and does not rule out the possibility of adjusting the strategy. Currently, SolarBank has not purchased any Bitcoin and reiterates that its core business remains the development and operation of renewable energy projects.
The trading volume of Coinbase Pro ETH/USD surged 14 times within 10 minutes, with a turnover of 462 million US dollars in the past 24 hours, an increase of 3.37%.
A surge in trading volume generally indicates an increase in market trading activity or large-scale fund buying and selling operations, which may be caused by certain important market changes or news announcements.
Odaily Planet Daily News: Coinbase International announced on the X platform that 12 types of cryptocurrency assets, including AAVE, CRV, and NEAR, can be used as collateral for perpetual futures trading on Coinbase International Exchange and Coinbase Advanced.
