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Swell Network: White Pearls snapshot completed, Black Pearls holders will be able to claim SWELL in the first wavedrop in October Foresight News reported that the liquidity re-pledge platform Swell Network has completed the snapshot for the Voyage activity (White Pearls), and Black Pearls holders will be able to receive SWELL in the first batch of Wavedrop in October. Ecosystem point holders will share all Swell L2 airdrops. $BTC $ETH $BNB
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Wall Street is betting on Powell to confirm a rate cut, but a miss could spark negative sentiment On August 19, according to market data, Wall Street is betting that Federal Reserve Chairman Powell will confirm at the Jackson Hole annual meeting that the Federal Reserve is about to cut interest rates. But as the focus shifts from "whether to cut interest rates" to "how much the interest rate will be cut," stock traders may be disappointed. "If traders hear that interest rates are about to be cut, the stock market will react positively," said Eric Beiley, Managing Director of Steward Partners Global Advisory Wealth Management. "If they don't hear the information they want, it will trigger a massive sell-off." The market fully expects the Federal Reserve to start cutting interest rates at the September meeting. But on Friday, Powell may be tight-lipped about the timing of the interest rate cut. Given his character, he is also likely to take a cautious and vague approach to revealing how much the Federal Reserve's interest rates may decline after completing the easing. "The market is very confident that interest rates will be cut soon," Beiley said. If Powell does not emphasize that this is the path forward, it will be a huge surprise. $BTC $ETH $BNB
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SUNDOG's market value briefly exceeded US$100 million, with a 24-hour increase of 56.33%. According to market data, the SUNDOG meme token on the Tron blockchain briefly surpassed a market capitalization of $100 million in the early hours of today. The current token price is reported at $0.088, with a 24-hour increase of 56.33%. The current market capitalization of the token is approximately $88.09 million, with around 9,510 token holding addresses and a 24-hour trading volume of $5.43 million. $BTC $ETH $BNB
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Fed voter: It's time to consider rate cuts ChainCatcher news, FOMC voter Daly said that the recent economic data has made me "more confident" that inflation has been brought under control. Now is the time to consider adjusting the current interest rate range of 5.25%-5.50%. Although the labor market is slowing down, it is "not weak". $BTC $ETH $BNB
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Wall Street bets Powell will confirm rate cut, but is vague on magnitude ChainCatcher news, Wall Street is betting that Federal Reserve Chairman Powell will confirm that the Federal Reserve will soon cut interest rates at the Jackson Hole annual meeting. But as the focus shifts from "whether to cut interest rates" to "how much the interest rate will be cut", stock traders may be disappointed. "If traders hear that interest rates will be cut, the stock market will react positively," said Eric Beiley, Managing Director of Steward Partners Global Advisory Wealth Management. "If they don't hear the information they want, it will trigger a massive sell-off." The market fully expects the Federal Reserve to start cutting interest rates at the September meeting. But when Powell speaks on Friday, he may be tight-lipped about the timing of the interest rate cut. True to his character, he is also likely to take a cautious, vague approach to revealing how much the Federal Reserve's interest rates may decline after the easing. "The market is very confident that interest rates will be cut soon," Beiley said. If Powell does not emphasize that this is the path forward, it will be a huge surprise. $BTC $ETH $BNB
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