US August PCE up 3.4% year-on-year, core PCE up 3.0%
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PCE inflation in the United States increased by 3.4% year-on-year in August, lower than the expected 3.7%; Core PCE increased by 3.0% year-on-year, lower than the expected 3.3%.
Bloomberg's terminal has launched a stablecoin feature called RWAS<GO>, supported by Allium's on chain data, covering more than 70 stablecoins and multiple blockchain networks, accounting for about 98% of the stablecoin market. It can update and track supply, minting and destruction, transfer and circulation speed by the hour. (Source: Bloomberg)
[Main password: Binance ETH contract main player executed a limit order worth $38.77 million]
Massive funds emerged suddenly, sparking potential market sentiment shifts; further trends remain intriguing.
**[PowerCompute Repays Arch Lending Loan, Exits Leveraged Bitcoin Treasury Strategy]**
The U.S.-listed mining company PowerCompute has fully repaid its Bitcoin-collateralized loan from Arch Lending. Arch Lending sold 267.3 of the 307 collateralized BTC to repay $22.45 million in principal and interest, with the remaining 39.6 BTC returned to PowerCompute. After repayment, PowerCompute's secured debt decreased from $19.4 million to $1.25 million. As of September 25, the company holds 62 BTC and will exit its leveraged Bitcoin treasury strategy. (Source: Wall Street Journal)
PCE inflation in the United States increased by 3.4% year-on-year in August, lower than the expected 3.7%; Core PCE increased by 3.0% year-on-year, lower than the expected 3.3%.
Coinbase Markets will conduct approximately one hour of system maintenance starting from 17:00 (UTC+8) on October 1st to complete the migration of Coinbase International Exchange to Deribit, during which trading of perpetual contracts in non US regions will be suspended.
