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SpringX Announces 10 Selected Projects for SpringX Move Accelerator
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Commerzbank: The Fed is not expected to cut interest rates quickly just because CPI is close to the target Deutsche Bank stated that yesterday's PPI data was slightly lower than analysts' expectations, and the US dollar has already come under pressure. This is to some extent because certain components of the PPI are directly included in the calculation of the PCE, which is the Federal Reserve's preferred inflation metric. However, the lower-than-expected PPI may also have raised hopes that today's CPI data may be lower than expected. However, the bank expects the risk of the US dollar to be biased upwards, and the Federal Reserve is unlikely to consider cutting interest rates more quickly and aggressively simply because the inflation rate is approaching 2% faster. The current annualized data of around 3% is still too high, although the monthly data has been very low recently. However, if inflation is higher than expected, contrary to today's hopes, this will make it less likely that a 50 basis point rate cut will occur in September. The bank's economists have recently reiterated that they expect the US will not experience a recession in the near term. In this case, they believe the Federal Reserve is unlikely to cut rates by 50 basis points at one of the remaining three meetings, which is what the market has priced in. It is more likely that this negation is not gradual, but is associated with a data point. This may not happen today, but it is likely to happen at some point in the next few weeks. $BTC $ETH $BNB
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Ethereum EOF proposal included in Pectra hard fork The Ethereum EVM Object Format (EOF) improvement proposal has been included in the Pectra hard fork, which is expected to be executed in late this year or early next year. The EOF proposal will make a series of minor changes to upgrade the Ethereum Virtual Machine (EVM). EOF will make smart contracts more developer-friendly, especially for users who build decentralized applications using Solidity or Vyper programming languages, but may disrupt existing smart contracts. Developers have added a new version that allows DApp builders to choose which version of the EVM to use when deploying their code. (Coindesk) $BTC $ETH $BNB
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QCP Capital: If the US CPI data is weak, it may support the recovery of risk assets such as cryptocurrencies Odaily reports that QCP Capital has published an analysis stating that all eyes are focused on the US CPI data tonight. Driven by the Federal Reserve's rate cuts, weak CPI may support the recovery of risk assets such as stocks and cryptocurrencies. The US PPI data was weak last night, and the market expects the Federal Reserve to cut rates by 50 basis points in September, with a current probability of 50 basis points at 52.5% and 25 basis points at 47.5%. With the continuous inflow of ETFs and BlackRock's buying at low levels last week, cryptocurrencies seem to have relatively good support. However, as there are no major catalysts, a major breakthrough is not expected until the fourth quarter. $BTC $ETH $BNB
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Ethereum EOF proposal included in Pectra hard fork According to CoinDesk, the Ethereum EVM Object Format (EOF) improvement proposal has been included in the Pectra hard fork, which is expected to be executed in late this year or early next year. The EOF proposal is a series of minor changes aimed at a major upgrade to the Ethereum core programming environment, the Ethereum Virtual Machine (EVM). EOF will make smart contracts more developer-friendly, especially for those building decentralized applications using Solidity or Vyper programming languages. This series of changes is very subtle and may break existing smart contracts, so developers have added a new version that allows DApp builders to choose which version of the EVM to use when deploying their code. Ethereum Foundation core developer Parithosh Jayanthi stated that EOF will be the first major change related to the EVM in years, laying the foundation for future upgrades to the EVM and demonstrating the intention to continue improving the EVM. $BTC $ETH $BNB
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Data: BlackRock's spot Ethereum ETH ETHA holdings exceed 300,000 ETH ChainCatcher news, Blackrock's official update on the spot Ethereum ETF data shows that as of August 13, the market value of the iShares Ethereum Trust ETF (ETHA) reached approximately $843,308,047.7, with holdings exceeding 300,000 ETH, reaching 312,120.1419 ETH, and the current number of outstanding shares is 38.8 million. $BTC $ETH $BNB
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