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Russia’s Foreign Ministry has demanded consular access to Telegram founder and CEO Pavel Durov following his arrest on Saturday in France, with Russian officials reacting angrily to news of the arrest, according to the Wall Street Journal.French authorities plan to address Durov’s address in a statement on Monday, according to NPR.
Share link:In this post: Jerome Powell says rate cuts are coming, but history shows they might hurt the markets more than help. Lower interest rates could cause stocks to surge or crash, depending on how investors feel about the economy. Bitcoin could see a boost from rate cuts, but it also risks speculative bubbles and increased volatility.
Share link:In this post: The U.S. job market is holding steady, but the slight rise in unemployment has people wondering if more trouble is on the horizon. Bitcoin’s price is bouncing around, with the Fed’s potential rate cuts playing a big role in what might happen next.
- 10:50CME FedWatch: Probability of a 25 Basis Point Rate Cut in June is Only 2.6%According to CME "FedWatch" data, with 10 days remaining until the next FOMC meeting, the probability of a 25 basis point rate cut in June is 2.6%, and the probability of maintaining the current rate is 97.4%. The probability of the Fed maintaining the rate unchanged until July is 83.3%, with a cumulative 25 basis point rate cut probability of 16.3%, and a cumulative 50 basis point rate cut probability of 0.4%.
- 10:50Crypto market sentiment rises from "neutral" to "greed", today's Fear and Greed Index at 62According to Alternative data, today's cryptocurrency Fear and Greed Index is 62, up from 52 yesterday, with market sentiment rising from "neutral" to "greedy". Note: The Fear Index threshold is 0-100, including indicators: volatility (25%) + market trading volume (25%) + social media popularity (15%) + market surveys (15%) + Bitcoin's proportion in the entire market (10%) + Google keyword analysis (10%).
- 10:50OpenEden CEO: Beware of the "Too Big to Fail" Concept, RWA Tokenization Requires Prioritizing Risk AssessmentOpenEden founder and CEO Jeremy Ng stated that the industry should remain highly vigilant against the "too big to fail" concept. Jeremy Ng drew a parallel with the Lehman Brothers collapse, pointing out that in the realm of Real World Asset (RWA) tokenization, risk assessment should be balanced with opportunities. He emphasized that even the largest institutions can fall, thus proper structural design and compliance are non-negotiable fundamental requirements.