ETH Transaction Volume Climbs on Price Rally, Cheaper DeFi Costs
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Analysts suggest that this momentum is fueled by a recent increase in network capacity, rising ether price, and a reduction in transaction costs, particularly for DeFi protocols and stablecoin transfers.
ARKK's latest holdings: Coinbase accounts for 6.28%
On August 18th, Ark Invest disclosed the latest holdings of its ARKK fund, with Coinbase accounting for 6.28%, Robinhood accounting for 3.84%, Bitmine accounting for 3.22%, and Circle accounting for 3.17%.
CITIC Securities: Market awaits Powell's speech to guide expectations of interest rate cuts
According to a research report by CITIC Securities, there were signs of interest rate cuts in the US stock market after the release of the CPI in July, but the unexpected PPI data in July dampened market expectations. If Federal Reserve Chairman Powell sends a dovish signal at the global central bank annual meeting and hints at a rate cut in September, the relevant trading mainline may be redefined, and interest rate sensitive sectors may experience another upward trend.
