山寨币普遍反弹，BAKE 24小时涨幅约25% $SOL $PEPE $DOGE | Kun Lee发布于币安广场

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山寨币普遍反弹，BAKE 24小时涨幅约25%
$SOL  $PEPE  $DOGE 

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Bank of America: The Federal Reserve currently has no need to cut interest rates on the scale of an economic recession. According to a report by the Merrill Lynch Securities brokerage team, the Federal Reserve's interest rate cut in September is a foregone conclusion, but there is no need for aggressive rate cuts that would lead to a significant economic recession. The rise in the unemployment rate in July was almost entirely due to temporary layoffs, indicating that the weakness is only temporary. The employment rate in the August report may rebound, and the unemployment rate may decline. They said: "Without layoffs, the United States will not experience an economic recession, and the layoff rate is still extremely low." Merrill Lynch believes that the rate cut cycle will begin in September, with a 25-basis-point cut each quarter until the terminal rate reaches 3.25%-3.5% in mid-2026. "A 50-basis-point or more aggressive rate cut is done in an emergency, and action is taken during the interval between meetings, but we are not at that stage yet." $BTC $ETH $BNB

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UBS: It is currently expected that the Federal Reserve will cut interest rates by 100 basis points this year. According to a report by Jinshi, UBS currently expects the Federal Reserve to cut interest rates by 100 basis points this year, higher than its previous forecast of 50 basis points. UBS stated in the report that unless the August employment report is strong, UBS believes the Federal Reserve will begin an easing cycle at its September meeting, cutting rates by 50 basis points. "Our basic judgment is still that the US economy will avoid a recession, and the growth rate will remain at a trend level of close to 2%. With interest rates at a 23-year high, the Federal Reserve has enough flexibility to support the economy and the market." UBS emphasized that the overall financial condition of households is good, real income is growing, and the average debt service cost is still lower than the historical average, with total net worth increasing by 37% since the pandemic began. $BTC $ETH $BNB

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Zircuit launches the first phase of its mainnet and opens the first season of ZRC token airdrop claims. Foresight News reports that the first phase of the Zircuit mainnet, which is compatible with EVM, has been launched. Users will be able to cross-chain their funds to the Zircuit mainnet and interact with projects in the Zircuit ecosystem. The official will also launch Zircuit mainnet nodes, and the event will distribute ZRC tokens, giving users the opportunity to receive rewards proportional to the gas spent on the Zircuit network. Additionally, Zircuit has opened the first season's airdrop claim, and users who staked assets during the first season's points activity can now apply for their tokens. The second phase of the mainnet will be launched in August. $BTC $ETH $BNB

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Zircuit announces the ZRC token economics: 21% allocated for airdrops and community rewards. PANews, August 5th - According to the official documentation, the EVM-compatible zkRollup network Zircuit has published the ZRC token economics. The total supply of ZRC tokens is 10 billion, with the following distribution: 21% allocated for airdrops and community rewards (7% for the first season airdrop, 14% for future airdrops and community rewards); 12.61% allocated for community governance; 17.93% allocated for ecosystem development; 18.70% allocated for the foundation; 18.74% allocated for the team; and 11.02% allocated for investors. Regarding the first-season airdrop, 7% of the total ZRC supply is allocated, with 262,200 eligible unique addresses. The first-season airdrop snapshot will be taken at 00:00 Beijing time on July 8th, 2024. The document also mentions that as ZRC approaches TGE (transferability), the information will be updated. $BTC $ETH $BNB

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