reserve

According to CoinDesk, Trump Media (DJT) is gradually withdrawing from certain areas of cryptocurrency, including canceling plans to establish a publicly listed CRO token accumulation company. This plan was proposed during the peak of the digital asset reserve boom last year.Trump Media, Crypto.com, and special purpose acquisition company Yorkville Acquisition announced that the three parties have jointly terminated the Trump Media Group CRO strategic plan, citing "current market conditions and a shift in business and stakeholder priorities." The plan was originally intended to establish a publicly listed company focused on accumulating Cronos native tokens and generating additional income by staking these tokens. Trump Media spent $105 million on CRO tokens in September 2025, as part of its broader collaboration with Crypto.com, which aimed to integrate token rewards into its products. Following the announcement, the price of CRO fell by 5%. Additionally, the two companies also terminated another collaboration, under which Crypto.com was originally set to provide services for certain planned exchange-traded funds (ETFs) under Yorkville America.

Bitcoin Treasuries.NET posted on platform X that Alexandre Laizet of Capital B increased Europe's first Bitcoin reserve to 3,140 Bitcoins within a year.The video content covers topics such as the $3 trillion market corresponding to Bitcoin, Bitcoin reaching parity with gold, achieving zero fiat debt on the balance sheet, and Capital B increasing its Bitcoin holdings from 2,000 to 3,140 Bitcoins within a year.

Wall Street Journal reporter Nick Timiraos stated that for the Federal Reserve, the July employment report will be a difficult data set to interpret. New evidence that the labor market has not re-accelerated may weaken the urgency for a rate hike next month, but this still depends on better inflation data.The decline in the unemployment rate will continue to keep the market focused on inflation data. Whether price pressures are rising or falling will determine if more officials conclude that they cannot maintain their inflation target forecasts with interest rates unchanged. A moderate inflation report will strengthen the rationale for keeping rates unchanged (as two consecutive months of moderate data begin to show a trend rather than noise). Conversely, strong data would call the forecasts into question again and give officials opposing a rate hike the opportunity to seek a fourth vote in favor.

In July, the United States unexpectedly lost 23,000 jobs, far below the expected increase of 80,000. The increase in June was also revised down to only 20,000. Despite the weak job market, the unemployment rate unexpectedly fell from 4.2% to 4.1%. "Fed mouthpiece" Nick Timiraos commented that in July, the U.S. unemployment rate dropped to 4.09% because both the number of job seekers and the number counted as unemployed decreased; this data brought the unemployment rate to its lowest level in two years.Analysts pointed out that this disappointing report has reignited concerns about the labor market and may complicate the Federal Reserve's interest rate decisions, as policymakers need to seek a balance between weak employment and persistent inflation. As a result, market expectations for interest rate hikes quickly receded.Affected by this, U.S. stock index futures surged rapidly, with Nasdaq futures up 0.79% for the day, S&P 500 futures up 0.39%, and Dow futures up 0.27%. U.S. Treasury prices soared, with the yield on the 10-year U.S. Treasury currently down 4.29 basis points, reported at 4.627%; non-U.S. currencies generally rose, with the dollar against the yen briefly falling 80 points, reported at 157.72.At the same time, the U.S. Dollar Index DXY briefly fell nearly 30 points, reported at 99.67. Spot gold briefly rose about $40, reported at $4,351.43 per ounce.

PPP prediction market tool monitoring shows that before the non-farm data release, the probability of "Federal Reserve raising interest rates by 25 basis points in September" on Polymarket has risen to 48%, up 5% in 24 hours, and up 24% for the month; the probability of maintaining the interest rate unchanged in September has fallen to 49%, down 21% for the month.The U.S. July non-farm payroll report will be released today at 20:30 Beijing time, with Wall Street institutions predicting a data range from 18,000 to 83,000, showing significant divergence. Market participants believe that if the final data significantly deviates from expectations, there could be severe fluctuations in the stock, bond, and dollar markets. The unemployment rate remains a core variable of concern for the Federal Reserve. Bank of America economist Aditya Bhave pointed out that if the data shows "everything is safe" in the labor market, the Federal Reserve may raise interest rates up to three times this year, but the federal funds futures market is currently only pricing in one rate hike for the year.

When asked whether Federal Reserve Chairman Kevin Walsh should avoid raising interest rates before the midterm elections, Trump stated that it depends to some extent on Walsh, but not entirely. He pointed out that interest rate decisions are made by a very politicized committee and praised Walsh's performance, stating that he would not criticize him.

According to Onchain Lens monitoring, Chainlink repurchased 139,956.08 LINK, worth approximately 1.13 million USD, and transferred the tokens to its reserve wallet.This batch of LINK was accumulated through multiple exchanges on CoWSwap, then consolidated and sent to its reserve wallet. Chainlink's reserves currently hold 5.35 million LINK, worth approximately 43.9 million USD, with an average acquisition cost of 11.19 USD per LINK.

Federal Reserve's Musalem stated that there are no conditions seen that could shake the dollar's status as the primary reserve currency.

According to market news, Bitcoin Treasuries.NET posted on platform X stating that the Bitcoin mining company Canaan has authorized management to sell part of its digital asset reserves to fund a stock buyback of up to $30 million. Canaan holds 1,915 BTC and 3,952 ETH, valued at approximately $130 million.

The Federal Reserve accepted a total of $1.429 billion from 6 counterparties in the fixed-rate reverse repurchase operation.

According to Chainwire, Nasdaq-listed company Eightco Holdings (stock ticker: ORBS) reported that as of August 5, its funding composition is as follows: $90 million in OpenAI equity (indirectly held), $18 million in Beast Industries equity, 16,278 ETH, nearly 302 million WLD tokens, and $142 million in cash and cash equivalents, totaling approximately $378 million.

U.S. Treasury bonds faced pressure in the New York morning session. Google announced the launch of a 10-part bond issuance, dragging down the long end of the yield curve and pushing the 2s10s and 5s30s spreads to intraday highs. On the short end, reports indicated that if inflation data released in the coming weeks is hotter than expected, Federal Reserve Chairman Kevin Walsh "will be prepared to raise rates at the September meeting."Following the report, short-term U.S. Treasury yields rose. U.S. Treasury yields increased across the board by 3 to 4 basis points, with long-term bonds leading the decline, and the 2s10s and 5s30s spreads steepening by about 1 basis point to their widest intraday levels. The yield on the 10-year U.S. Treasury rose to about 4.65%, up 3.5 basis points on the day.Google's bond issuance covers multiple maturities, with the shortest being 2 years and the longest being 40 years. The interest rate market is currently pricing in about 15 basis points of rate hike expectations for September, with cumulative rate hike expectations of about 33 basis points by the end of the year.

According to Gate's latest weekly report, the Federal Reserve maintained interest rates, but hawkish expectations have risen. The high interest rate environment combined with the deleveraging effects of derivatives has put overall pressure on the crypto market, with BTC and ETH dropping approximately 2.8% and 3.6%, respectively. Meanwhile, U.S. stocks continued to recover last week. In terms of capital flow, BTC spot ETFs have turned to net outflows, while ETH spot ETFs still maintain a slight net inflow, showing some resilience in institutional capital allocation.On-chain, PancakeSwap's weekly trading volume surpassed Uniswap, and the Robinhood Chain, RWA, and Meme ecosystems remain active. In the derivatives market, BTC open interest (OI) rose and then fell, with funding rates remaining positive, and DVOL continuing to decline, while the market overall still maintains high-level fluctuations.In response to the evolving macro policies, institutional capital flows, and on-chain ecosystems, Gate is continuously building a multi-asset trading system covering digital assets, stocks, indices, foreign exchange, and commodities. Relying on institutional-level trading, liquidity, custody, lending, asset management, and API services, it provides professional investors with a one-stop institutional solution.At the same time, Gate is continuously improving its global institutional ecosystem layout, strengthening trading execution efficiency, cross-market liquidity, and risk management capabilities, helping institutional clients respond more efficiently to market fluctuations and seize global asset allocation and structural trading opportunities.

According to Jinshi News, the CEO of DBS Bank stated that he does not expect the Federal Reserve to raise interest rates this year, but will trade based on market expectations.

According to Jinshi reports, Federal Reserve's Daly stated that she "fully supports" the Federal Reserve's decision to maintain interest rates last week. She pointed out that with inflation levels significantly above the 2% target, the Federal Reserve needs to gather more data to determine what policies should be implemented in the future. Daly emphasized that the Federal Reserve should "closely monitor the incoming information" and be prepared to take action when necessary.

According to Jinshi reports, CME's "Fed Watch" shows that the probability of the Federal Reserve keeping interest rates unchanged until September is 45.6%, while the probability of a cumulative rate hike of 25 basis points is 54.4%. By October, the probability of keeping interest rates unchanged is 33.5%, the probability of a cumulative rate hike of 25 basis points is 52.1%, and the probability of a cumulative rate hike of 50 basis points is 14.5%.

According to Jinshi reports, Federal Reserve Governor Cook stated that so far, the policy has not led to significant unemployment.

According to Jinshi reports, Federal Reserve Governor Cook stated that if the trend of falling inflation does not resume, the Federal Reserve is prepared to raise interest rates.

According to Jinshi reports, the Federal Reserve accepted a total of $1.65 billion from 2 counterparties in fixed-rate reverse repurchase operations.