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[Cathie Wood: Current Unemployment Rate Exceeds Pre-Financial Crisis Peak] On September 7, ARK Invest CEO Cathie Wood tweeted that the current unemployment rate has surpassed the peak levels of various cycles prior to the 2008-2009 financial crisis. She stated that this situation once again highlights the need to lower interest rates.
**[Binance Alpha Airdrop Launches Avantis (AVNT)]** Binance has announced the launch of the Alpha airdrop event, introducing the Avantis (AVNT) token. Avantis Protocol is an on-chain exchange that supports leveraged trading of synthetic cryptocurrencies, forex, and commodities, while also allowing users to provide liquidity for these markets. The airdrop will take place on 2025-09-09 at 08:00 (UTC+8). The token will begin trading on 2025-09-09 at 23:00 (UTC+8), with trading pairs such as AVNTUSDT available. After the airdrop ends, AVNT will be available for spot trading, futures contracts, and other services, with an expected launch time of 2025-09-09 at 21:00 (UTC+8). **Important Notes:** - The airdrop redemption period is from 2025-09-09 13:00 (UTC) to 2025-09-10 13:00 (UTC) and requires the use of Alpha Points for redemption. - The maximum leverage for the AVNTUSDT perpetual contract is 50x, with a funding rate cap of +2.00% / -2.00%. - Binance may dynamically adjust contract parameters, including leverage and margin requirements, based on market risks.
[U.S. Treasury Secretary Says Trump Is Correct in Criticizing the Fed's Slow Actions] U.S. Treasury Secretary Besent stated that economic policies will not be adjusted based on single data points, but employment data shows that Trump's criticism of the Federal Reserve's slow actions is correct. Revised 2024 job positions may decrease by 800,000.
[Report: Crypto Market May Continue to Slow Down in September] Binance Research released a report stating that the total market capitalization of the crypto market fell by 1.7% in August, with Bitcoin's dominance dropping to 57.3% and Ethereum rising to 14.2%. Historical data shows that the crypto market typically performs weakly in September. Even if the Federal Reserve cuts interest rates, the short-term slowdown trend may persist.
OKX-SPX is currently priced at $1.18, with a 24-hour increase of 6.31%. 24-hour transaction volume of 45.14 million US dollars, a decrease of 51.8%, for reference only
OKX-SPX is currently priced at $1.18, with a 24-hour increase of 6.31%. 24-hour transaction volume of 45.14 million US dollars, a decrease of 51.8%, for reference only