● The annual rate of U.S. core CPI in July fell to 3.2%, falling for the fourth consecutive month
According to Odaily Planet Daily, the U.S. unadjusted core CPI annual rate in July was 3.2%, falling for the fourth consecutive month, the lowest level since April 2021, in line with market expectations. The U.S. unadjusted CPI annual rate in July was 2.9%, falling for the fourth consecutive month, the first time it has returned to the "2-digit" since March 2021, and the market expectation is 3%.
According to Odaily Planet Daily, Lindsay Rosner, head of multi-sector fixed income at Goldman Sachs Asset Management, said that tonight's CPI data paved the way for a 25 basis point rate cut in September. But considering that there will be more data in the future, the possibility of a 50 basis point rate cut by the Federal Reserve has not been ruled out.
● Interest rate traders lower expectations for a rate cut at the Fed's September meeting
According to Jinshi, interest rate traders reduced their bets on a 50 basis point rate cut at the Federal Reserve's September meeting, and now expect a rate cut of about 33 basis points, compared with the expectation of 37 basis points yesterday.
● NYSE Arca withdraws application for cryptocurrency ETF options rule change
According to PANews, a document on August 13 showed that the New York Stock Exchange (NYSE) Arca Electronic Exchange withdrew a rule change it proposed in January this year, which would allow the listing and trading of options based on commodity trusts, including options on cryptocurrency ETFs such as Grayscale GBTC.
According to Golden Finance, according to Arkham Intelligence's blockchain data, the U.S. government transferred 10,000 Silk Road-related seized Bitcoins (BTC) to the exchange giant's institutional platform Coinbase Prime on Wednesday. Analysts said that deposits to exchanges usually indicate an intention to sell assets, but in this case, the transfer may be for custody reasons, as the U.S. Marshals Service, an agency under the U.S. Department of Justice, announced a partnership with Coinbase Prime last month to "protect and trade" large digital assets.
● Bank of America increases holdings of IBIT and FBTC
According to Odaily Planet Daily, the second quarter 13-F document submitted by Bank of America to the SEC showed that as of June 30, it held IBIT worth US$2.8 million, an increase of 31%; and FBTC worth US$1.5 million, an increase of 21%.
● More than 7 million Bitcoin addresses are now in a loss
According to Odaily Planet Daily, IntoTheBlock data shows that there are currently more than 7 million Bitcoin addresses that bought between the current price and the historical highest price, and are now in a loss state. Although Bitcoin has failed to break through the $70,000 mark many times, market sentiment remains positive as it climbs back above $60,000.
