Really thank you everyone for being willing to play with me on the soil-dog (meme) scene. I’ll remember this favor. For now, I haven’t come up with any suitable way to retaliate; you’d better be careful.
The market is picking up, and Binance’s new token launches are here
Binance Wallet has released “Pre-Access”
Activity details: Users can use on-chain tokens to participate in pre-IPO investment opportunities for companies that haven’t been listed yet
The first project is something you can keep an eye on
As of now, the specific targets and subscription time still need to be announced on the activity page
The allocation quota mainly depends on three things: Alpha points, Trencher badges, and bStocks on-chain level. If you want to participate, you can first check your own level and badges
The Mid-Autumn Festival holiday like this is top-tier!
We get three days off for the Mid-Autumn Festival, seven days for National Day, and there are three days in between that you have to work.
But if you take three days of leave, you’ll have thirteen consecutive days off.
However, this way of taking time off is actually pretty much a loss.
So what’s the ultimate way to take leave? Take two days off before the Mid-Autumn Festival. That way, you can take five consecutive days off for the Mid-Autumn Festival, and go out and have a wild time—play hard, stay high on it, and basically burn yourself out.
Then right after that, for the next three days, everyone else will be taking leave too. Nothing much will happen at the company, and then you come in to work.
While others are out playing, you’re in the company playing—adjust, unwind, and relax.
Then go out again for the seven-day National Day holiday. Balance work and fun—that’s the true top-tier plan. $AAVE
The rate hike this time from the Fed/US monetary authorities isn’t actually surprising in the market’s reality
What’s really important isn’t “adding 25 basis points,” but whether it will keep going, and how long and how much more it will add.
So seeing a fairly interesting phenomenon: after the rate hike landed, some technology directions haven’t broken down; instead, they’ve risen. Gold first dipped slightly.
Evidently, the market has already digested the rate hike itself in advance. After the “shoe drops,” investors have started focusing again on new performance—looking at quarterly reports, and whether AI-related capital expenditure can continue to deliver $NVDAB $BTC
JPMorgan simulates what the Fed will decide at 2:00 a.m. tomorrow 5 possible outcomes + the reaction in U.S. stocks In plain language:
1. No rate hike (dovish): There’s a risk of inflation rebounding, and the market worries prices won’t be brought under control. S&P 500 down 1.25%~1.75% 2. Raise rates by 25 bps, with little discussion of future policy (neutral, mildly hawkish): In line with market expectations—negative news is already priced in. S&P 500 up 0.25%~0.75% 3. Raise rates by 25 bps, and cancel next year’s rate-cut plan (mildly hawkish): The market recognizes the determination to tame inflation and thinks the hike is controllable. S&P 500 up 0.50%~1% 4. Raise rates by 25 bps; the market interprets Warsh’s remarks as implying that higher rates will be needed long-term (more hawkish): Worries that further hikes will follow. S&P 500 down 0.25%~1% 5. Raise rates by 25 bps and clearly signal that rates will be lifted even more (very hawkish): A new round of a sustained hiking cycle—danger for the bull market. S&P 500 down 1%~2% $BTC Which one do you think it will be?
Tonight (2:00 a.m.) the Federal Reserve’s September policy meeting is the biggest highlight, and the market expects a rate hike with a 90% probability.
• US stocks are slightly down overall; the Nasdaq fell 0.78%, while semiconductors rose slightly against the trend
• Geopolitical tensions are boosting commodities: Brent crude is up 2.75%, and gold closed slightly higher
• US Treasury yields are surging wildly: the 10-year yield hit the highest level since 2007; concerns about tighter liquidity are in full force
The market has already priced in this rate-hike negative news in advance. In my view, the probability that there will be no rate hike tonight is over 50%. The Fed is likely to wait until after the midterm elections to take action; the focus should be on the rate guidance/comments after the meeting. $BTC
• Major coins plunge together: Bitcoin down 4.32%, Ethereum down 6.43%, XRP plunges 11.62%
• US stocks and crypto stocks hit hard: Coinbase exchange down 10%, stablecoin leader Circle down 11%
• A-share and Hong Kong stocks dragged down by sentiment in sync: A-share financial IT and Hong Kong virtual-asset license companies face short-term pressure $BTC $COINB
Although it was rejected last night, how important is this bill?
In simple terms, it’s meant to bring order—and give the chaotic U.S. crypto market the green light—by:
1. Ending regulatory turf wars: Put an end to the SEC and CFTC fighting over jurisdiction and the resulting enforcement confusion, so we no longer have the awkward situation where the same coin is treated as a security by one side and a commodity by the other.
2. Clarifying how tokens are classified: Bitcoin, Ethereum, and other sufficiently decentralized assets would be categorized as digital commodities. Financing tokens from new projects would fall under securities regulation, and the bill would also add clear rules for stablecoins.
3. Opening the door for institutional participation: Provide exchanges like Coinbase with legitimate, compliant licensing. This means they wouldn’t have to fight lawsuits every day. It also allows large funds—such as pensions and public funds—to enter in a compliant way. This is a major boost for the entire industry.
Why was it rejected?
The core contradiction points directly to Trump’s conflict of interest: He holds crypto-related assets with earnings in the hundreds of millions of dollars, yet this bill contains no corresponding strong provisions to force disclosure or prevent the risks of improper benefits being passed through.
In the end, every Democrat voted against it, and some Republican lawmakers flipped as well. Combined with resistance from the banking industry and the SEC as a whole, the bill effectively collapsed.
大K_dak6688
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US Crypto Bill Fails to Clear Key Hurdle, and Coin-Stock Market Takes a Sharp Dive
The U.S. Senate, by a single vote, moved to effectively block a landmark compliance bill that the crypto industry had been hoping for for years.
The vote was 49 in favor and 50 against—so it didn’t even grant it the formal right to enter discussion and review, delivering an outright verdict of “cold” in the near term. $BTC
US Crypto Bill Fails to Clear Key Hurdle, and Coin-Stock Market Takes a Sharp Dive
The U.S. Senate, by a single vote, moved to effectively block a landmark compliance bill that the crypto industry had been hoping for for years.
The vote was 49 in favor and 50 against—so it didn’t even grant it the formal right to enter discussion and review, delivering an outright verdict of “cold” in the near term. $BTC