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Share link:In this post: After Trump’s failed Alaska summit with Putin, Zelensky heads to Washington. Markets await July minutes and Powell’s Jackson Hole speech, with pressure mounting for rate cuts. Flash PMI figures from the US and globally will reveal how Trump’s new tariffs are rippling.
Share link:In this post: Japan will approve yen-backed stablecoins this fall, starting with fintech firm JPYC. JPYC tokens will be backed by bank deposits and Japanese government bonds. Profits from the bonds stay with the issuer; users won’t earn interest.
Share link:In this post: Trump canceled U.S.-India trade talks scheduled for August 25–29 after meeting with Putin. New tariffs of up to 50% on Indian goods will begin on August 27 due to India’s Russian oil imports. Modi responded with nationalist economic reforms, promising tax changes and domestic chip production.
Japan's Financial Services Agency will approve JPYC as the nation's first yen-denominated stablecoin. Circle invested in the Tokyo fintech firm, which plans to launch its regulated digital token later this year.
Investors directed nearly five times more into Ethereum than into Bitcoin.
Quick Take The SEC has pushed back decisions on several crypto ETF proposals, including five spot XRP ETFs. Strategy has purchased another 430 BTC for $51.4 million at an average price of $119,666. The firm now holds about 629,376 BTC. A wallet linked to an early Ethereum ICO participant sent 4,460 ETH — worth about $19 million — to Kraken.
- 13:39Danske Bank: The US dollar has short-term rebound potential, but will remain weak in the long termAccording to ChainCatcher, citing Golden Ten Data, Danske Bank analyst Mohamad Al-Saraf stated in a report that the US dollar has short-term rebound potential as the Federal Reserve is unlikely to cut rates as aggressively as the market expects. He pointed out that although the market currently expects the Federal Reserve to cut rates consecutively in October and December, economic data supports a more "gradual rate cut" strategy, and it is expected that the Federal Reserve will cut rates again in December. In the long term, Danske Bank expects the EUR/USD exchange rate to rise to 1.23 over the next 12 months.
- 13:38The Dow Jones Index opened up by 75.28 points at 46,217.7 points.ChainCatcher news, according to Golden Ten Data, the Dow Jones Index opened up by 75.28 points on September 19 (Friday), an increase of 0.16%, at 46,217.7 points; the S&P 500 Index opened up by 11.05 points, an increase of 0.17%, at 6,643 points; the Nasdaq Composite Index opened up by 86.25 points, an increase of 0.38%, at 22,556.98 points.
- 13:22Bitget launches a new round of futures new token event: trade BARD to unlock USDT airdropsChainCatcher news, Bitget has launched a new round of contract new coin event with a total prize pool of 30,000 USDT. The event requires trading the designated pair BARDUSDT and is divided into 3 sub-pools as follows: New User Contract Leaderboard: New users who complete their first contract trade of no less than 1,000 USDT and have a net deposit greater than 100 USDT, the first 1,000 participants will each receive 10 USDT Daily Check-in Leaderboard: All users who complete contract trades of no less than 10,000 USDT per day, the first 100 participants each day will receive 10 USDT Cumulative Trading Leaderboard: All users who reach a cumulative contract trading volume of no less than 500,000 USDT, the first 100 participants will each receive 100 USDT Detailed rules have been published on the official Bitget platform. Users must click the "Join Now" button to complete registration in order to participate. The event ends at 14:00 (UTC+8) on September 28.