The Federal Reserve's interest rate cut has landed and the future pace is uncertain, and the market reflects it through volatility and option flows
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The Federal Reserve has implemented the expected interest rate cuts, but there is still uncertainty about the pace of future rate cuts. The market is reacting to this news through volatility, skewness, and option flows. (glassnode)
[Federal Reserve Harker: Inflation is too high, closer to 3% rather than 2%]
Federal Reserve Harker stated that inflation is too high, closer to 3% rather than 2%.
[A Bitcoin Whale Deposits 200 BTC to Binance After Three Years of Silence]
A Bitcoin whale has become active again after three years of silence, recently depositing 200 BTC to Binance, valued at approximately $18.46 million. The address initially withdrew 400 BTC from OKX, valued at $9.83 million at the time, and has currently gained over $27.03 million in profit.
[A Whale Deposits 200 BTC Worth $18.46 Million to Binance After Three Years of Inactivity]
A whale deposited 200 BTC worth $18.46 million to Binance after three years of inactivity. The whale initially withdrew 400 BTC worth $9.83 million from OKX, and if sold now, would make a profit of $27.03 million.
[Federal Reserve's Goolsbee: Inadequate reserves will prevent setting rates as needed]
Federal Reserve's Goolsbee stated that if reserves are insufficient, the Federal Reserve will not be able to set interest rates at the desired level.
[Federal Reserve's Goolsbee: Takes Comfort from Market-Based Inflation Indicators]
Federal Reserve's Goolsbee stated that some comfort is derived from market-based inflation indicators, which is a source of optimism regarding the trajectory of price increases.