【AiCoin丨8.1 Snapshot: US Treasury Yields Soar, Tether Increases BTC Holdings, Lummis Promotes Legislation】

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7 hours ago

1. The probability of a 25 basis point interest rate hike by the Federal Reserve in September rises to 67%, with the 10-year US Treasury yield increasing to 4.737%

According to CME FedWatch data, the probability of a 25 basis point rate hike by the Federal Reserve in September has risen to 67%, while the probability of maintaining the interest rate unchanged is 30.5%.  -Original

2. US stocks open higher: Nasdaq rises by 202 points, Dow Jones rises by 203 points, S&P 500 rises by 0.47%

3. Cynthia Lummis: The provision concerning the President's handling of digital assets in the crypto market structure bill becomes a focus of negotiation

US Senator Cynthia Lummis stated that the crypto market structure bill requiring President Trump to sell digital assets or transfer them to a blind trust has become a focal point in negotiations. Democratic lawmakers are concerned that the bill undermines the electoral narrative regarding Trump's crypto corruption. Supporters claim the bill covers ethical standards for the President, Vice President, members of Congress, and the federal judiciary, and provides a regulatory and protective framework for investors in the event of bankruptcy of crypto trading platforms.   -Original

4. Tether increases its holdings by 1,800 BTC in the second quarter, total holdings reach 98,936 BTC; gold holdings rise to $18.84 billion

Tether released an audit report for the second quarter, disclosing that it increased its holdings by 1,800 BTC, valued at $113 million, bringing its total holdings to 98,936 BTC, valued at $6.23 billion, while its gold holdings rose in value to $18.84 billion.   -Original

5. MicroStrategy CEO Phong Le states the company will continue to increase Bitcoin holdings, having purchased 174,895 this year

MicroStrategy CEO Phong Le stated that the company will continue to be the world's largest Bitcoin buyer and disclosed that it has purchased 174,895 Bitcoins so far this year.   -Original

6. Michigan Retirement Fund increases Bitcoin holdings to $7.5 million

The Michigan Retirement Fund announced that it will increase its Bitcoin holdings to $7.5 million, with the fund managing assets of $122 billion.   -Original

 

The above is a selection of hot topics in the past 24 hours. For faster news, please download AiCoin (aicoin.com)

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