[UBS Expects Upcoming Data to Increase the Probability of a Fed Rate Cut Before Year-End] UBS Global Wealth Management strategists stated that the U.S. dollar might weaken, as several key data points to be released next week in the U.S. are expected to show weak performance. These include Tuesday's retail sales, consumer confidence, and pending home sales, as well as Wednesday's durable goods orders, weekly initial jobless claims, and new home sales. The strategists believe that these data will influence market expectations regarding economic growth, inflation, and Federal Reserve policy. They anticipate that weak data could lead the market to raise expectations for a rate cut in December, thereby putting pressure on the U.S. dollar before year-end.
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More >LDO abnormal, 24-hour drop 17.68%
Binance LDO is currently priced at $0.5993, with a drop of 17.68% over 24 hours. 24-hour transaction volume of 300 million US dollars, an increase of 46.24%, for reference only
Bitcoin OG address transfers 665.9 BTC worth approximately $55.18 million to Binance
A Bitcoin OG address (1011Short) has transferred 665.9 BTC worth approximately $55.18 million to Binance in the past 3 hours. （Lookonchain）
过去24小时全网合约爆仓达21.95亿美元
[In the past 24 hours, total contract liquidations across the network reached $2.195 billion] CoinAnk data shows that in the past 24 hours, the cryptocurrency market saw total contract liquidations across the network amounting to $2.195 billion, with long position liquidations totaling $2.016 billion and short position liquidations totaling $179 million. Specifically, BTC liquidations amounted to $1.111 billion, and ETH liquidations amounted to $459 million.
Maple Finance 否认 CORE 基金会指控并采取法律行动
**[Maple Finance Denies CORE Foundation Allegations and Takes Legal Action]** Maple Finance has responded to recent allegations from the CORE Foundation regarding the BTC Yield Program and syrupBTC product, firmly denying the accusations and stating that they distort the facts. Maple clarified that the BTC Yield Program is operated by an independent entity, with assets segregated from its overall business operations. Due to the decline in the value of CORE tokens, Maple has initiated risk control measures, planning to orderly liquidate CORE tokens to safeguard lenders' principal. However, the liquidation plan has been obstructed due to legal action initiated by CORE. Maple emphasized that the syrupBTC product was independently developed without using CORE's confidential information and has filed a lawsuit to enforce the hedging agreement signed by CORE. Maple will return 85% of the principal to BTC Yield Program lenders, with the remaining portion to be distributed after legal resolution. Additionally, the program is isolated from other products and does not impact other business operations. Previously, the Cayman Islands court issued an injunction against Maple Finance to prevent alleged breaches of contract.
‘1011 Insider Whale’ Deposits 665.9 BTC to Binance
According to Lookonchain monitoring, 3 hours ago, the ‘1011 Insider Whale’ deposited 665.9 BTC into Binance, valued at $55.18 million.