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Treasury’s Bessent urges Fed to weigh 50 bps rate cut in September
Treasury’s Bessent urges Fed to weigh 50 bps rate cut in September

Share link:In this post: Treasury Secretary Scott Bessent wants the Fed to consider a 50 basis-point rate cut in September after weak job growth revisions and mixed inflation data. U.S. stocks jumped as investors grew more confident that a deeper rate cut is coming next month. Bessent backed Stephen Miran’s Fed nomination, criticized the costly Fed renovation, and said the U.S. is close to major trade deals.

Cryptopolitan·2025/08/13 04:55
Cardano ETF Approval Odds Hit 80% for 2025 as Grayscale Sparks ADA Rally
Cardano ETF Approval Odds Hit 80% for 2025 as Grayscale Sparks ADA Rally

Polymarket now places the likelihood of a Cardano (ADA) ETF approval by the end of 2025 at 79%, a record high, as confidence continues to climb amid tangible regulatory progress.

BeInCrypto·2025/08/13 04:36
Bitcoin Faces Cooling Demand as US Buyers Pull Back
Bitcoin Faces Cooling Demand as US Buyers Pull Back

BTC cools after hitting a new high, with reduced U.S. demand and falling ETF inflows suggesting a potential price pullback.

BeInCrypto·2025/08/13 04:10
XRP Futures Open Interest on CME Hits 2025 High — What It Means for Price
XRP Futures Open Interest on CME Hits 2025 High — What It Means for Price

XRP climbs 10%, fueled by legal wins and institutional demand, with a potential breakout targeting $3.66.

BeInCrypto·2025/08/13 03:30
Breaking $4600, ETH is just 5% away from its new high and finally escaping the "Vitalik Effect."
Breaking $4600, ETH is just 5% away from its new high and finally escaping the "Vitalik Effect."

31-year-old Vitalik can finally stop worrying about the coin price and focus on thinking and researching.

BlockBeats·2025/08/13 03:15
Stellar Sets New Records in August—Is Now the Time to Watch XLM Price?
Stellar Sets New Records in August—Is Now the Time to Watch XLM Price?

In August 2025, Stellar (XLM) broke records in TVL, user adoption, and exchange supply. These milestones highlight both growth potential and looming market risks.

BeInCrypto·2025/08/13 02:36
Grayscale Files For HBAR ETF in Delaware: Price Recovery Ahead? 
Grayscale Files For HBAR ETF in Delaware: Price Recovery Ahead? 

HBAR traders react to Grayscale’s ETF filing with optimism, but resistance at $0.27 could determine whether a recovery continues.

BeInCrypto·2025/08/13 02:00
Staked and Undervalued: Polkadot’s Bullish Case in a Hot Altcoin Market
Staked and Undervalued: Polkadot’s Bullish Case in a Hot Altcoin Market

Polkadot could be the overlooked “dark horse” of this cycle, with strong staking metrics, bullish technical patterns, and potential catalysts on the horizon. However, lasting growth depends on expanding real-world adoption and ecosystem use.

BeInCrypto·2025/08/13 01:40
Flash
03:36
Ethereum spot ETFs saw a net outflow of $13.67 million this week, marking eight consecutive weeks of net outflows.
Foresight News reported, according to SoSoValue data, during this week's trading days (Eastern US time June 29 to July 3), the Ethereum spot ETF saw a net outflow of 13.67 million USD. The Ethereum spot ETF with the highest net outflow this week was the BlackRock ETF ETHB, with a weekly net outflow of 39.216 million USD. The historical total net inflow for ETHB currently stands at 519 million USD. Next was the Grayscale Ethereum Mini Trust ETH, with a weekly net outflow of 24.1797 million USD and a historical total net inflow of 1.81 billion USD. The Ethereum spot ETF with the highest net inflow this week was the BlackRock ETF ETHA, with a weekly net inflow of 44.6504 million USD. The historical total net inflow for ETHA currently stands at 11.12 billion USD. As of the time of publication, the total net asset value of Ethereum spot ETFs is 9.02 billion USD, with the ETF net asset ratio (market cap as a percentage of the total Ethereum market cap) reaching 4.38%, and the historical cumulative net inflow has reached 10.89 billion USD.
03:26
Goldman Sachs sharply lowers yen forecast, may fall to 165 within a year
Golden Ten Data reported on July 6 that Goldman Sachs expects the Japanese yen will fall to 165 per US dollar within a year, down from its previous forecast of 155, making it one of the most bearish institutions on the yen. Strategist Fishman noted that downward pressure on the yen comes from Japan's fiscal challenges, persistently high US Treasury yields, and the Bank of Japan’s slow pace of rate hikes, even though the yen is already severely undervalued. Positioning supports further weakness in the yen. Data shows that hedge funds’ short bets against the yen hit the highest level since 2017 last month, with the market estimating about a 72% chance that USD/JPY will rise to 165 by June next year. Goldman Sachs also favors using the yen as a funding currency for carry trades, i.e., borrowing yen to invest in high-yielding assets. The bank forecasts USD/JPY at 162 in three months and 163 in six months (previously 160 and 158, respectively), and believes official intervention will have only a short-lived effect, with the underlying reasons for yen weakness still remaining.
03:17
Korean media: Samsung Electronics and SK Hynix may delay the adoption of next-generation HBM hybrid bonding technology
According to Odaily, South Korean media report that Samsung Electronics and SK Hynix are re-evaluating the timeline for adopting hybrid bonding technology in the next generation of high-bandwidth memory (HBM). As the demand for further thickness reduction and improved thermal performance in HBM has decreased, the market now expects the introduction of this technology may be postponed even further compared to previous projections. At the same time, both companies are developing new cooling solutions such as HPB and iHBM, which they plan to apply to their HBM5 products. However, industry insiders believe that as the number of HBM I/O channels continues to increase in the future, hybrid bonding will remain an important mid- to long-term technological direction.
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