USDC circulation increased by about $300 million in the past | Kun Lee on Binance Square

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USDC circulation increased by about $300 million in the past week, with a total circulation of $32.8 billion
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The probability of the Federal Reserve keeping interest rates unchanged in August is 94.3%. Odaily Odaily reported that according to CME's "Fed Watch": the probability of the Fed keeping interest rates unchanged in August is 94.3%, and the probability of a 25 basis point rate cut is 5.7%. The probability of the Fed keeping interest rates unchanged in September is 27.4%, the probability of a cumulative 25 basis point rate cut is 68.6%, and the probability of a cumulative 50 basis point rate cut is 4.0%. $PEPE $NOT $PEOPLE

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Powell refutes claim that September rate cut is related to U.S. election Odaily Odaily reported that U.S. Congressman Mike Lawler asked Powell at a hearing on Wednesday: "Will a rate cut in September (currently investors believe the probability is about 70%) be seen as a political act to try to change the campaign landscape before the November 5 election?" Powell refuted the above statement, saying that the Federal Reserve will make interest rate decisions "when necessary." "Our commitment is to make decisions when necessary based on data, upcoming data, changing prospects and risk balance, rather than considering other factors, including political factors. We have always done this, including in election years... Everything we do will be based on evidence. For us, it is inappropriate to consider the election cycle (when making interest rate decisions) anyway." $PEPE $NOT $PEOPLE

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US stock Nasdaq hits new high for 7 consecutive days On July 11, the U.S. stock market closed on Wednesday. The Dow Jones Industrial Average initially closed up 1% or 430 points, the S&P 500 rose 1%, setting a record closing high for 6 consecutive trading days, and the Nasdaq rose 1.18%, setting a record closing high for 7 consecutive trading days. Tesla (TSLA.O) rose 0.35%, Nvidia (NVDA.O) rose 2.7%, and Apple (AAPL.O) rose 1.8%. (Jinshi) $PEPE $NOT $PEOPLE

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Lava Network airdrop check page is online, airdrop share accounts for 6% of the total Odaily Odaily reported that Lava Network, a modular blockchain infrastructure developer, published a statement saying that it is taking a new approach to launch the LAVA token. The LAVA airdrop inspection page is now online. For the first time, 6% of the total LAVA tokens will be airdropped. Users who can receive the airdrop include early users (testnet participants, etc.), as well as Monad community members, node operators, researchers or technical contributors. $PEPE $NOT $PEOPLE

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Lava Network airdrop inspection page is online, 6% of the total amount is used for this airdrop On July 11, Lava Network, a modular blockchain infrastructure developer, announced that it is taking a new approach to launch the LAVA token. The LAVA airdrop inspection page is now online. For the first time, 6% of the total LAVA tokens will be airdropped. Users who can receive the airdrop include early users (testnet participants, etc.), as well as Monad community members, node operators, researchers or technical contributors. $PEPE $NOT $PEOPLE

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