Kashkari: If inflation expectations lose their anchor, interest rates will need to be raised

The figure implies a sharp increase in the bitcoin price. What to know : Ark Invest projects bitcoin’s market value will soar to $16 trillion by 2030, implying a more than 10-fold increase from today’s roughly $1.5 trillion. The firm flagged accelerating institutional adoption via ETFs and corporate treasuries, along with sovereign entities. Ark expects bitcoin to gain ground as “digital gold,” estimating it could capture about 40 percent of gold’s market value and benefit from even small allocations within a roughly $200 trillion global investment portfolio.

The DeFi ecosystem spontaneously raised over $300 million to enable Aave depositors to compensate for the rsETH vulnerability losses. Despite a 45% decrease in total lock up volume, Aave still holds 49.4% of the lending market share. （Messari）

At the opening of the US stock market, the Dow Jones Industrial Average rose 171 points, the Nasdaq rose 95 points, and the S&P 500 index rose 0.33%.

According to the Islamic Republic of Iran News Agency (IRNA), Iran has submitted its latest proposal for negotiations with the United States to Pakistan, causing a short-term decline in international oil prices and gold prices exceeding $4600 per ounce.

[BTC spot main traded 7 large orders with a total amount of 11.57 million US dollars!] The main large order is displayed on the K line in the form of a horizontal line, the thicker the line means the larger the pending order amount, and the longer the line represents the longer the pending order time