Citigroup adjusts Federal Reserve rate cut forecast, delaying until October 2026
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Citigroup expects the Federal Reserve to cut interest rates by 25 basis points each in October, December, and January 2027, compared to the original forecast for September, October, and December this year.
Kraken's parent company Payward has partnered with Gulf Bank of Singapore to provide 24/7 real-time settlement services to institutional clients in Asia and the Gulf region through SGB Net. The service initially supports USD trading and will expand its scope in the future. Singapore Gulf Bank will integrate with Kraken Prime to obtain digital asset liquidity and utilize the Payward market to provide pricing. SGB Net currently processes over $20 billion in fiat transactions per month.
HTX-BTC perpetual contract is now reported at $85789.7. According to market contract position analysis, the main force has strong confidence in the future and the price is expected to rise. Please hold positions reasonably and control risks
OKX CEO Star stated that the DEX contract of TSV, a tokenized stock trading platform, will be deployed on X Layer. OKX has submitted documents to the US Securities and Exchange Commission, intending to launch a tokenized US stock trading platform. The operating entity OKXICE plans to provide the first batch of tokenized stocks of 63 companies listed on the New York Stock Exchange.
OKX founder and CEO Star confirmed on X platform that the DEX contract, a tokenized stock trading platform proposed by OKXICE, a joint venture between OKX and ICE, will be deployed on X Layer.
A whale that participated in the Ethereum ICO in 2015 transferred 133300 ETH ($36.37 million) to Coinbase 2 hours ago. The giant whale participated in the ICO at a cost of $0.311 and obtained 170000 ETH. Currently, it has sold most of its holdings at an average price of $1137, earning a cumulative profit of $193 million. The address currently has 1484 ETH ($4.01 million) left. (Ashes)
