SOL falls below $100 mark

US President Trump stated that tariffs will not cause inflation, but rather promote success and growth.

Mochatrade, a US stock perpetual contract trading platform backed by Y Combinator, has raised a total of $5.56 million. The seed round was led by CoinFund, with participation from Coinbase Ventures and others. The $690,000 pre-seed round was led by Y Combinator and Pioneer Fund. The platform targets Indian traders, allowing them to deposit UPI (Uniform Indian Riel) and leverage their positions to go long or short on US stocks such as Nvidia, Tesla, and Apple, without needing to hold actual shares or open a US securities account. Currently in the testing phase, the platform has a waiting list of over 20,000 participants and is expected to launch publicly in the coming weeks. The funding will be used for trading technology development and user growth, with future plans including US stock options, more trading assets, and social trading features. There are currently no plans to issue a cryptocurrency. (Source: The Block)

Ripple has received full approval from the Office of the Comptroller of the Currency (OCC) to operate as a national trust bank, joining Circle, BitGo, and Fidelity Digital Assets. (Source: Fox Business)

According to CME FedWatch data, the probability of the Federal Reserve keeping interest rates unchanged this week is 89.5%, and the probability of a cumulative rate hike of 25 basis points is 10.5%; the probability of the Federal Reserve keeping interest rates unchanged by December is 17.7%, the probability of a cumulative rate hike of 25 basis points is 73.9%, and the probability of a cumulative rate hike of 50 basis points is 8.4%. AI Interpretation: The market has reached a high degree of consensus that the Federal Reserve will keep interest rates unchanged this week, and the policy path is within an extremely stable expectation range. Current interest rate levels are already fully reflected in asset pricing, and there is no possibility of an unexpected shift in monetary policy in the short term. This extremely high probability of maintaining the current rate is locking in the market's perception of the current tightening cycle, eliminating the risk of a sudden policy change. Investors are shifting their focus to the game of the subsequent interest rate path, and market sentiment remains stable as they await clearer policy guidance.

Binance - SOL/USDT is currently trading at $99.98, down 0.31% in the last 5 minutes. Please be aware of market volatility.