Recently, an intriguing piece of news has emerged from the economic community. Economist Mark Summerlin, who is seen as a potential candidate for the Fed chair, has put forward a bold suggestion. He believes that the Fed should take proactive measures next month and cut the interest rate by 50 basis points.
Summerlin, currently an economist at Evenflow Macro Consulting, pointed out that the current 4.3% federal funds Intrerest Rate level is too high and requires moderate adjustment. His view is mainly based on the current inverted yield curve phenomenon, which is often seen as a signal that th

Cryptocurrency investors are closely monitoring the upcoming important event. On the evening of August 22, Federal Reserve Chairman Powell will deliver a speech at the Jackson Hole Global Central Bank Annual Meeting, which could have a significant impact on the interest rate decision in September.
Powell's speech is expected to evaluate the economic outlook and policy framework. The market is particularly focused on whether there will be an interest rate cut in September and the possible magnitude of such a cut. The importance of this speech lies in the fact that the current U.S. economy prese

Recently, Liquid Capital founder Yi Lihua shared his long-term views on the encryption industry on social media. He believes that despite frequent market fluctuations in the short term, the encryption industry still represents the biggest opportunity for ordinary people in the long run.
Yili Hua illustrated the importance of adhering to a long-term investment strategy by sharing his own experiences. As an entrepreneur from a rural background with illiterate parents, after receiving his first substantial income, he chose to invest the funds in technology companies and the encryption industry. A

Recent news shows that Mill City, an important participant in the SUI ecosystem, has released its financial report for the second quarter of 2023, demonstrating a positive rise trend. The report indicates that the company's total investment income in the second quarter reached $948,000, a 7% increase compared to the same period last year. Meanwhile, Mill City effectively controlled costs, reducing its operating expenses to $316,000.
It is worth noting that Mill City currently holds 81.87 million SUI tokens, all of which have been staked, demonstrating the company's long-term confidence in the

This week's market trend is worth close attention, especially the performance of Candlestick, Trading Volume, and MACD indicators will provide important clues for the future market. From a weekly level, the market may stabilize around the 4500 point. Entering next week, the market is likely to exhibit a sideways fluctuation or a slow fall in the range of 3800 to 3730 points, which may be the process of large funds continuously reducing their holdings.
Subsequently, the market may further retreat to the key support level around 2800 points. At this level, a new round of capital accumulation may

In the financial markets, there are many more people analyzing macroeconomic trends than there are those actually engaging in macro trading, which is a common phenomenon. Many traders simply rely on the basic Favourable Information or Unfavourable Information indicators provided by financial data platforms as the basis for their trades. However, truly skilled traders will proactively follow the impact of major events on the market.
Recently, I successfully made tens of thousands of dollars by predicting CPI data, which proves the effectiveness of forward-looking trading strategies. However, ev

In the current crypto assets market, some under-the-radar tokens that have shown impressive performance are attracting investors' attention. Taking ENA as an example, it may be worth considering building a position in batches around $0.7, with an expected target of creating a new high. Another noteworthy token is DOGE, where it is recommended to gradually buy in around $0.2, with a target price set near $0.28. Additionally, TIA also shows certain potential, and investors can consider building a small position in the range of $1.7 to $1.8, hoping its price can reach $2.2.
However, investors sho

In the current cryptocurrency market, different projects present vastly different investment prospects. After in-depth analysis, the TAO coin exhibits a relatively positive market trend and is currently not facing significant monthly level pressure, which provides a certain amount of upward space for its future movement.
In contrast, although FET has been touted by the market as a leader in the AI field and indeed has diversified functions, its market performance is disappointing from the essence of trading. Analyzing the monthly chart, FET's current trend resembles a high-risk speculative ass

On Thursday, August 14th, the crypto assets market witnessed a milestone day. Bitcoin (BTC) and Ethereum (ETH) both broke through historical highs, triggering a fervent response from the market. Multiple factors are at play behind this groundbreaking event.
First, the expectation of a rate cut by the Federal Reserve in September has boosted the market, injecting a strong dose of confidence. At the same time, news about the U.S. potentially appointing the next Federal Reserve chairman early has also circulated in the market. These factors have collectively driven a comprehensive rise in the Cry

Recently, the dynamics of the crypto assets market have attracted attention, with the price performance of Bitcoin (BTC) and Ethereum (ETH) becoming the focus of investors. Bitcoin has been on a strong upward trend, breaking through several key price levels and setting new historical highs; at the same time, Ethereum has also shown a steady rise, seemingly just one step away from refreshing its all-time high. This market trend has not only caught the eye of ordinary investors but has also drawn the attention of traditional financial institutions like Standard Chartered Bank, which have made so

The Crypto Assets market has recently shown a trend of diversification, bringing new opportunities for investors.
The performance of the SOL coin is remarkable, and market participants are closely watching its pullback after reaching the 215 level. This pullback point could become an ideal location for investors to seek entry opportunities.
At the same time, the ADA coin is also showing strong momentum. If it can break through the key resistance level of 0.9, it is very likely to surge to the integer level of 1.0, providing investors with a considerable profit potential.
The trend of the emerg

The cryptocurrency market has shown remarkable changes today. The price of Bitcoin has surpassed $124,474, setting a new high and demonstrating strong upward momentum. Meanwhile, Ether is also not to be outdone, reaching a recent high of $4,783, just under $100 away from its all-time high.
However, the market response does not seem to be as enthusiastic as expected. A closer look reveals that smaller crypto assets (commonly referred to as 'altcoins') are performing mediocrely and have failed to follow the rising trend of mainstream coins. This phenomenon may explain why the overall market atmo