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Zodia Custody Partners with Crypto Lending Firm Maple Finance
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Morgan Asset Management: It is expected that the Bank of Japan will avoid raising interest rates again in the short term. According to Odaily, Morgan Asset Management stated that the Bank of Japan will likely avoid further rate hikes in the near term, and further tightening of policy may depend on the direction of the U.S. economy. "The Bank of Japan actually has a path to act again, but that is a path where the Federal Reserve cuts rates and manages to stabilize the U.S. economy," said Seamus Mac Gorain, the company's global head of rates. "Of course, if the U.S. falls into a recession, that path is blocked." Morgan Asset Management is betting that the spread between short-term and long-term Japanese government bond yields will narrow. $BTC $ETH $BNB
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Morgan Asset Management: It is expected that the Bank of Japan will avoid raising interest rates again in the short term. According to Mars Finance news, Morgan Asset Management said that the Bank of Japan is likely to avoid further rate hikes in the short term, and further tightening of policy may depend on the direction of the US economy. "The Bank of Japan actually has a path to take action again, but that is a path where the Federal Reserve cuts rates and manages to stabilize the US economy," said Seamus Mac Gorain, the company's global head of rates. "Of course, if the US falls into a recession, that path is blocked." Morgan Asset Management is betting that the spread between short-term and long-term Japanese government bond yields will narrow. $BTC $ETH $BNB
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Over the past 24 hours, the entire network experienced a liquidation of $114 million, with the majority being long positions. BTC's market dominance reached 54.2%. According to CoinGecko data, the current total cryptocurrency market capitalization is $22.35 trillion, with a 24-hour decline of 1.1%. Additionally, BTC's market dominance is 54.2%, and ETH's market dominance is 14.1%. Furthermore, according to Coinglass data, the total liquidations in the past 24 hours amounted to $114 million, with $72.18 million in long liquidations and $42.22 million in short liquidations. $BTC $ETH $BNB
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The supply of USDT and USDC has increased by nearly $3 billion in a week. PANews reported on August 10 that according to CoinDesk, as the cryptocurrency market rebounded, the supply of the two major stablecoins Tether (USDT) and Circle (USDC) grew by nearly $3 billion in a week, indicating that investors rushed to buy cryptocurrencies at low prices after the market crash on Monday. On-chain analysis shows that Tether has transferred $1.3 billion in USDT to exchanges and market makers since Monday, pushing its market capitalization to a record high of over $115 billion. At the same time, the market capitalization of USDC also grew by about $1.6 billion this week, reaching $34.5 billion, the highest level since March 2023. The data shows that a large amount of funds have flowed into exchanges, especially Binance, with $1.5 billion and $820 million in USDT and USDC deposited in the past four days, respectively. $BTC $ETH $BNB
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Over the past 24 hours, the entire network experienced a liquidation of $114 million in long positions, with BTC's market share reaching 54.2%. According to CoinGecko data, the current total cryptocurrency market capitalization is $22.35 billion, with a 24-hour decline of 1.1%. Additionally, BTC's market dominance is 54.2%, and ETH's market dominance is 14.1%. Furthermore, according to Coinglass data, the past 24 hours have seen $114 million in liquidations, with $72.18 million in long liquidations and $42.23 million in short liquidations. $BTC $ETH $BNB
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