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Share link:In this post: Abacus Market vanished in July in a suspected exit scam after Archetyp’s shutdown. Bitcoin deposits plunged as users lost trust amid withdrawal failures and DDoS claims. Its market dominance possibly drew unwanted scrutiny or prompted operators to flee with funds.
Share link:In this post: Japan’s 30Y bond yield hit 3.20%, with bond values crashing 45% since 2019. The Bank of Japan reported $198 billion in unrealized bond losses for FY 2024. Japan’s debt-to-GDP ratio surpassed 260%, more than double that of the U.S.
Share link:In this post: BTC fell nearly 5% to around $116K after hitting a record high above $123K. A Bitcoin whale dormant for 14 years transferred 16,843 BTC ($2B) to Galaxy Digital. Despite the drop, spot Bitcoin ETFs saw $297M in inflows Monday, led by BlackRock’s IBIT ($394M).
ETH is on the rise, and these Ethereum strategic reserve tokens can capture more sentiment premium.
- 19:02The Federal Reserve releases the preliminary FOMC meeting schedule through January 2028Jinse Finance reported that the Federal Reserve on Friday released the preliminary meeting schedule for the Federal Open Market Committee (FOMC) in January 2027 and 2028. The Federal Reserve will continue its practice of holding eight meetings each year. The meeting dates for 2027 are as follows: January 26-27, March 16-17, April 27-28, June 8-9, July 27-28, September 14-15, October 26-27, and December 7-8. The 2028 meeting: January 25-26.
- 19:02JPMorgan: The Federal Reserve is expected to cut interest rates three times in 2025Jinse Finance reported that JPMorgan Asset Management stated it expects the Federal Reserve to cut interest rates three times in 2025. It is anticipated that there will be a 25 basis point rate cut in September, and a total rate cut of about 70 basis points from now until the end of the year.
- 18:29Federal Reserve's Goolsbee: Need to review inflation data before deciding on interest rate policyAccording to ChainCatcher, citing Golden Ten Data, Chicago Fed President Goolsbee stated that he has not yet decided which policy action to support at the September 16-17 Federal Reserve meeting, emphasizing the need to refer to inflation data to be released next week. He said, "I want to get more information. As the meeting approaches, I am still keeping an open mind." Goolsbee pointed out that recent inflation reports show a rebound in prices in the services sector, so it is necessary to confirm whether this is only a temporary fluctuation rather than a more severe sign.