News
Stay up to date on the latest crypto trends with our expert, in-depth coverage.
Share link:In this post: A US court ruled that Trump went too far in using emergency powers to impose tariffs. Trump said tariffs are key to US strength and warned the country would be destroyed without them. Tariff revenue has risen sharply, and the government may use it to help pay down the national debt.
The article describes Jack Dorsey's journey from founding Twitter to being dismissed, then establishing Square and dedicating himself to bitcoin. It highlights his persistent pursuit of decentralization and simple communication. Summary generated by Mars AI. This summary was generated by the Mars AI model, and its accuracy and completeness are still being iteratively improved.
The bitcoin market is at a critical turning point, with the price dropping to $108,000 for the first time in August, facing resistance at $110,000. Historical data shows that September is typically a weak period for bitcoin, and market sentiment is divided, with analysts holding differing views on the short-term outlook. Summary generated by Mars AI This summary was generated by the Mars AI model, and the accuracy and completeness of its content are still being iteratively updated.
According to the community, the oracle is "favoring the whales."
Nobel Prize-winning economist Jean Tirole raised red flags over stablecoins, saying he is “very, very worried” about how the assets are supervised. In an interview with the Financial Times, the Toulouse School of Economics professor warned that shaken confidence in reserves could spark mass redemptions, forcing governments into expensive bailouts. Stablecoin Can Result in “Runs” … <a href="https://beincrypto.com/nobel-laureate-tirole-stablecoin-bailout-warning/">Continued</a>
XRP price slipped at the start of September, but data from whales, derivatives, and money flow show conditions that could support a rebound.
- 08:06Analyst: The Federal Reserve appears slightly hawkish, gold may pull back to $3,600 in the short termJinse Finance reported that Marex analyst Edward Meir stated, "The Federal Reserve's overall stance on interest rates is slightly hawkish, and they are not truly enthusiastic about supporting rate cuts. Therefore, we have seen the US dollar strengthen after the Fed meeting, and US Treasury yields have also risen... I think in the short term, gold prices may be a bit overbought and could further retreat to the $3,600 mark."
- 07:47Hawkish Fed expectations drive USD/JPY surgeAccording to ChainCatcher, citing Golden Ten Data, after the Federal Reserve's rate cut, the US dollar weakened across the board. The Japanese yen once rose, but ultimately the USD/JPY exchange rate erased all losses and surged. The FOMC dot plot shows that two more rate cuts are expected in 2025, while the market expects three. Federal Reserve Chairman Powell described the rate cut as a "risk management" action, and future data will be key. Strong data may trigger a hawkish shift in rate expectations, supporting the dollar, while weak data may continue to put pressure on it. The rise in the yen was mainly driven by market expectations of a dovish Federal Reserve.
- 07:26Bloomberg Analyst: DOGE Spot ETF and XRP Spot ETF Issued by REX-Osprey to Be Listed on ThursdayChainCatcher news, Bloomberg ETF analyst Eric Balchunas posted on social media that the DOGE spot ETF and XRP spot ETF issued by REX-Osprey will be listed on Thursday. In addition, the TRUMP spot ETF and BONK spot ETF have also submitted registration, but the launch dates have not yet been announced. It is worth noting that, unlike the Bitcoin and Ethereum spot ETFs which previously required a lengthy approval process, these funds utilize the Investment Company Act of 1940 (commonly known as the "40 Act"). This framework provides a streamlined path for products, including enhanced investor protections for custody, governance, and transparency—features that regulators view positively.