CME holdings increased by 0.92% this week

1. The market predicts that the probability of the Federal Reserve cutting interest rates in September is as high as 90% 2. US Treasury Secretary interviews 4 candidates for Federal Reserve Chairman 3. Deutsche Bank predicts three interest rate cuts by the Federal Reserve this year 4. BlackRock transfers 9983 ETH to Coinbase Prime 5. The US Department of Justice plans to confiscate funds from Iranian drone suppliers' wallets 6. Kalshi predicts that the probability of a US government shutdown will rise to 54% 7. The Winklevoss brothers predict that Bitcoin will reach millions of dollars within ten years 8. Allied Gaming makes its first investment in Bitcoin and Ethereum The above is a selection of hot topics from the past 24 hours. Click to see the full article: https://www.aicoin.com/article/486190

Member indicators show that the current K-line has formed a flat bottomed pattern, with the lowest price continuously stabilizing around 115865, indicating a significant increase in support. Cooperating with the 2-hour cycle EMA24 and EMA52 moving averages, the golden cross is upward, indicating that the bullish side is accumulating strength. The distribution of chips shows that the 111162-111236 area is an important support, with a buying concentration of 5.76 times, indicating a significant potential bottoming effect. KDJ indicator diverges upwards, RSI breaks through the upward trend line, and the technical resonance is a bullish signal. However, we need to be cautious about a 25% decrease in trading volume, as insufficient market momentum may affect our offensive power. Suggest paying attention to the high pressure position before 116665. Open membership, accurately capture trend turning points, and lock in profit opportunities in advance! The data is sourced from the PRO member's [BTC/USDT Binance 2-hour] candlestick, for reference only, and does not constitute any investment advice.

The current price of ETH is $4696.42, with a 5.29% increase in the past 24 hours. Among them, the total liquidation amount of contracts across the entire network in the past 24 hours was 296 million US dollars, with the main liquidation being short orders and ETH liquidation being 71.52 million US dollars (24.11%). The data is for reference only.

[U.S. Lowers Economic Growth Forecast, Raises Unemployment Rate Prediction] The U.S. Congressional Budget Office (CBO) has lowered this year's economic growth forecast and raised inflation and unemployment rate predictions. Economic growth rate for 2025 is expected to be 1.4%, down from the previous forecast of 1.9%; inflation rate will rise to 3.1%. Unemployment rate is expected to reach 4.5% by the end of this year.

[Massachusetts Sues Kalshi Over Alleged Illegal Sports Betting] The Massachusetts Attorney General has filed a lawsuit against prediction market platform Kalshi, accusing its sports event contracts of violating state gambling laws and operating similarly to licensed sportsbooks. The complaint seeks to prohibit the offering of sports prediction markets without proper licensing and pursues monetary damages. Kalshi responded by stating that the platform is fair and transparent and vowed to defend innovation in court.