● This week's macro indicators and analysis: Focus on US CPI and PPI
According to Wu, this week's macro indicators and analysis: Last week's dovish statement from the Bank of Japan and the decline in the number of initial jobless claims in the United States eased the market's panic over yen carry trades and recession expectations; this week's focus is on the US July CPI, although the market currently expects the Federal Reserve to cut interest rates in September, and nearly half of the bets are that the rate cut may be 50 basis points.
According to PANews, Token Unlocks data shows that this week, APT, SAND, ARB, STRK and other tokens are expected to unlock large amounts, of which APT will unlock about $65 million. Aptos (APT) will unlock about 11.31 million tokens at 8:00 a.m. on August 12, Eastern Time, which is 2.40% of the current circulation and worth about $65 million; The Sandbox (SAND) will unlock about 205.6 million tokens at 4:00 p.m. on August 14, Eastern Time, which is 9% of the current circulation and worth about $54.5 million; Arbitrum (ARB) will unlock about 92.65 million tokens at 9:00 p.m. on August 16, Eastern Time, which is 2.77% of the current circulation and worth about $53.4 million; Starknet (STRK) will unlock about 64 million tokens at 8:00 a.m. on August 15, Eastern Time, which is 3.95% of the current circulation and worth about $24.5 million.
● The fear and greed index dropped to 25 points, and the market turned into extreme panic
According to TechFlow, according to the latest data from alternative, today's Fear and Greed Index (FGI) dropped from 39 points yesterday to 25 points, turning from panic to extreme panic.
● MicroStrategy’s stock price outperformed 499 stocks in the S&P 500 four years after adopting Bitcoin
According to PANews, Michael Saylor, founder of MicroStrategy, a US-listed company, posted on the X platform that four years ago today, MicroStrategy adopted Bitcoin as its main fiscal reserve asset. Since then, MSTR's stock price has outperformed 499 of the 500 stocks in the S&P 500 index.
● Sam's Rule founder suggests Fed cut interest rates to counter recession risk
According to PANews, Claudia Sam, the founder of Sam's Rule and chief economist of New Century Advisors, said that the US economy has not yet fallen into recession, but it is "uncomfortably close to a recession" and it is time for the Federal Reserve to cut interest rates. Claudia Sam said that the risk of a recession has increased, which strengthens the reason for the Federal Reserve to cut interest rates. The rise in unemployment over the past year, as reflected in Sam's Rule, now looks to be beyond normal levels and is uncomfortably close to a recession. It is reported that Sam's Rule is an indicator that predicts a recession. It believes that once the three-month moving average of the unemployment rate is 0.5 percentage points higher than the low point of the past year, it means that a recession has begun.
According to Odaily Planet Daily, Tesla CEO Elon Musk posted on X that he will have a live conversation with Trump at 20:00 ET tomorrow (8:00 ET on August 14). He also said that Trump has no script for this interview and there are no restrictions on the topic.
