USDC Treasury issues 250 million USDCs on Solana Chain

Stanley Druckenmiller said that the borrowing costs of the United States are still low. Federal Reserve officials who believe that monetary policy has already had the effect of tightening are ridiculous. They warned against the AI foam and said that the AI construction tide will end eventually. (Source: Federal Reserve)

SKHX is priced at $1359.6, SKHY is priced at $190.05, and SKHY has a premium of approximately 39.8% compared to SKHX. Six addresses established a $24.439 million SKHX long position and a $24.876 million SKHY short position, with a nominal transaction of $49.315 million. At present, six addresses hold a long position of $22.184 million in SKHX and a short position of $22.845 million in SKHY. The short position of SKHY has a floating profit of $481000, and the long position of SKHX has a floating loss of $581000, with a total floating loss of $100000. Six addresses have paid a net fund fee of 52400 US dollars, with an expenditure of 21900 US dollars in the last 24 hours. SKHX's dynamic funding rate has turned negative, and the combination charges a net funding fee of approximately $4890 per hour.

Every major is red ahead of the August inflation print. Bitcoin is down 5% on the week and zcash fell 10% on the day.

Bitmine Chairman Tom Lee stated that the market leverage is too high and is facing a pullback in the short term. Mid term elections, Federal Reserve policies, and high leverage have increased market volatility, leading to divergent views on the extent of inflation cooling. If consumer inflation expectations are not out of control, the Federal Reserve can remain patient and inflation will improve by the end of the year. (Source: Federal Reserve)

WTI and Brent crude oil fell by about 4.9% and 5.6% respectively, while odds for a recent ceasefire forecast changed.