Binance will list Neiro (NEIRO), Turbo (TURBO) and Baby Doge | Kun Lee on Binance Square

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Binance will list Neiro (NEIRO), Turbo (TURBO) and Baby Doge Coin (100000BABYDOGE) and apply seed tags
On September 16, Binance will list Neiro (NEIRO), Turbo (TURBO) and Baby Doge Coin (100000BABYDOGE) at 18:00 (UTC+8) on September 16, 2024 and apply the seed label.
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Bank of America: The Federal Reserve is expected to cut interest rates by 75 basis points in the fourth quarter and another 125 basis points in 2025 The Odaily Planet Daily reported that the Federal Reserve announced an oversized 50 basis point rate cut early Thursday morning. Powell stated that this was to signal the policymakers' commitment to maintaining a low unemployment rate after the easing of inflation. After the Federal Reserve's significant rate cut, Bank of America was the only major Wall Street firm to raise its forecast for the Federal Reserve's remaining rate cuts in 2024. This firm stated that it expects the Federal Reserve to cut rates by 75 basis points in the fourth quarter, having previously forecast 25 basis point cuts at the November and December meetings. According to the Federal Reserve's own policymakers' projections, the federal funds rate will fall another 50 basis points by the end of 2024. Bank of America economists said that after the larger rate cuts, "we are skeptical that the Fed wants to deliver a hawkish surprise." The firm expects the Federal Reserve to cut rates another 125 basis points in 2025, bringing the federal funds target rate down from the current 4.75%-5.00% range to a terminal level of 2.75%-3.00%. $BTC $ETH $BNB

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Bank of America: The Federal Reserve is expected to cut interest rates by 75 basis points in the fourth quarter and another 125 basis points in 2025 According to Mars Finance news, the Federal Reserve announced an oversized 50 basis point rate cut early Thursday morning. Powell stated that this was to demonstrate the policymakers' commitment to maintaining a low unemployment rate after the easing of inflation. After the Federal Reserve's significant rate cut, Bank of America is the only major Wall Street firm that has raised its forecast for the Federal Reserve's remaining rate cuts in 2024. This Wall Street firm stated that it expects the Federal Reserve to cut rates by 75 basis points in the fourth quarter, compared to its previous forecast of 25 basis point cuts in November and December. According to the Federal Reserve's own policy projections, the federal funds rate will fall another 50 basis points by the end of 2024. Bank of America's economists said that after the larger rate cuts, "we are skeptical that the Fed wants to deliver a hawkish surprise." The firm expects the Federal Reserve to cut rates another 125 basis points in 2025, bringing the federal funds target rate down from the current range of 4.75%-5.00% to a terminal level of 2.75%-3.00%. $BTC $ETH $BNB

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Bloomberg analyst: 2x leveraged MSTR ETF performs well on first day of trading, expected to exceed $10 million According to the news from Mars Finance, Bloomberg ETF analyst Eric Balchunas posted on social media that the newly launched 2x leveraged MicroStrategy (MSTR) ETF had an impressive trading performance on its first day. The ETF had a trading volume of $2 million yesterday, and it has already reached $6 million today, expected to exceed $10 million. Balchunas pointed out that only 1-2% of ETFs can achieve such trading volume in the initial stage of issuance. The ETF has risen by 17%, and although the market already has a relatively liquid 1.75x leveraged MSTR ETF, the slightly higher leverage still attracted investors. Previously, it was reported that REX Shares and Tuttle Capital launched this product on the Cboe BZX Exchange yesterday, providing investors with a 200% leveraged exposure to MSTR stocks. $BTC $ETH $BNB

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ZetaChain Launches 6.5 Million ZETA Reward Airdrop for Eligible XP Members According to official information, Universal Blockchain ZetaChain (Universal Blockchain) will launch a 6.5 million ZETA reward pool for eligible XP users. Users can unlock exclusive benefits within the ZetaChain ecosystem by minting their XP status Non-Fungible Tokens. Eligible users need to claim the rewards before October 4th, marking the transition of ZetaChain from an XP accumulation model to a new instant reward model. Since its launch, ZetaChain has distributed over 90 million ZETA and has more than 3.8 million unique wallets. $BTC $ETH $BNB

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UBS: The Fed's final rate cut may exceed market expectations According to a report by Jinshi, UBS strategists believe there is a clear risk that the ultimate decline in US interest rates will exceed the current market pricing, which could inflate the stock market bubble. The UBS team led by Andrew Garthwaite stated that since 1981, the Federal Reserve's policy easing cycles with 50 basis point cuts have been accompanied by economic recessions, but this time they believe it is a sign of the Fed being aggressive rather than an economic recession. Garthwaite pointed out that the market pricing reflects that interest rates will bottom out around 2.8%, which is the neutral rate level previously hinted at by the Federal Reserve, "therefore there is a clear risk that the ultimate decline in interest rates will exceed expectations." The UBS team believes that the steepening of the yield curve dominated by short-term bonds is favorable for defensive stocks and the consumer sector, but not including luxury goods, and expects small-cap stocks to outperform as their floating-rate debt is three times that of large-cap stocks. $BTC $ETH $BNB

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