In the early morning, the news of the hike landed, the NASDAQ opened high, the big cake, the ether, and the leap forward
Tonight at 2 a.m., the Federal Reserve announced the July interest rate, which is the most eye-catching in the rate hike cycle, because after this time, the interest rate may reach a neutral level of 2.5% (+75bp), officially entering the second half of the rate hike.
In the second half, Powell may not only be plagued by "upward inflation risk", but also "downward recession risk".
The bond market began to predict that Powell would not be able to withstand the recession, and the Fed would end raising interest rates early next year and cut interest rates within 6 months. (After the end of the interest rate hike at the end of 2018, the interest rate cut interval is 8 months)
Today, Google announced its second-quarter earnings report with revenue of $69.69 billion, slightly lower than expected at $69.954 billion, significantly exceeding $61.88 billion in the same period last year; Microsoft announced second-quarter earnings with revenue of $51.9 billion, slightly lower than expected $52.439 billion, significantly exceeding $46.152 billion in the same period last year.
To date, more than 150 S&P 500 companies have reported second-quarter earnings, and about 70 percent of them have outperformed analysts' expectations.
Affected by the performance of the giants, the NASDAQ opened 2.5% higher before the rate hike, the S&P 500 1.5%, and the Dow 0.4%.
Tonight, the focus is on the magnitude of the hike, and whether Powell's speech is a hawk or a pigeon.
Back to the point:
Nubank, Brazil's largest digital bank, launched a crypto trading platform with more than 1 million users.
Market research institute Multiscope survey report: It is estimated that nearly 2 million Dutch residents own cryptocurrencies, double the number 4 years ago.
General Counsel of venture capital and hedging groups focusing on blockchain, joined the CFTC of the U.S. Commodity Futures Trading Commission as Senior Counsel and Chief of Staff.
Consumer research platform CivcScience reports that investors earning more than $150,000 a year have the highest confidence, with about 70 percent not selling their cryptocurrencies. In contrast, most investors with less than $50,000 a year sell all or part of their crypto assets.
Japanese IT giant GMO Internet launched the NFT domain name service Crypto Name By GMO.
VALKYRIE CEO: The company will continue to seek to launch a Bitcoin spot ETF.
Since 2020, the highest stablecoin has grown more than 30 times, from $5.2 billion to $163.5 billion.
Stablecoin issuer Tether, which plans to liquidate its commercial paper holdings in full in November, is currently down to $3.7 billion, compared to $30 billion in the same period last year and down to zero in November.
Hybrid blockchain project Kadena announced its first round of "$100 million grant program" for Defi, NFT and web3.
Venture capital firm Audacity, launches a new $60 million fund focused on the Web3 creator economy and gaming space.
Unstoppable, a web3 domain name service provider, completed a $65 million Series A funding round, led by Pantera Capital.
Japanese crypto groups have called for tax cuts to remove obstacles to the development of the digital asset industry.
At the Miami Regional Digital Mining Summit, antpool mining pool invested $10 million in ETC ecosystem construction, and Bitmain announced that it would support ETC payments for all Ant Miners. #Ethereum##Bitcoin Quotes##Coin Circle Primary Market##美联储加息 #
