1. Fed meeting minutes: A 50 basis point rate cut is expected to better align interest rates with the economy, and some participants prefer a 25 basis point rate cut at the September meeting; after the Fed meeting minutes, according to CME "Fed Watch" data, the probability of the Fed cutting interest rates by 25 basis points in November is 78%, and the probability of maintaining interest rates at 4.75%-5.00% has risen to 22%.
2. US SEC Chairman: Bitcoin is more likely to be seen as a means of value storage rather than a means of payment, and the Howey Test is sufficient to regulate crypto assets. (I haven't seen any policy intentions suitable for crypto regulation, and Gary's views have not changed)
3. The US SEC, FBI and DOJ jointly filed a lawsuit against Meme coin market maker Gotbit and other crypto companies. The meme market may be affected in the short term, but this bull market cycle will still be crazy.
4. The Trump family's World Liberty Financial formally proposed to launch on the Aave Ethereum mainnet.
5. The meme token LOOPY on the SUI chain rose by more than 763% in 24 hours, and the market value exceeded 17 million US dollars. The meme of the SUI chain has risen like crazy in the past two days.
