interest

According to Jinshi reports, CME's "Fed Watch" shows that the probability of the Federal Reserve keeping interest rates unchanged until March is 94.1%, while the probability of a 25 basis point rate cut is 5.9%. By April, the cumulative probability of a 25 basis point rate cut is 20.5%, the probability of keeping interest rates unchanged is 78.5%, and the cumulative probability of a 50 basis point rate cut is 1%. By June, the cumulative probability of a 25 basis point rate cut is 49.8%.

According to Jinshi reports, Federal Reserve officials showed little willingness to cut interest rates at last month's meeting, with most wanting to see more progress on inflation before considering further rate cuts. Additionally, although two officials opposed the decision to keep rates unchanged and favored a rate cut at the January meeting, the minutes indicated that other officials supported using more neutral language, describing the outlook for rate cuts or hikes as balanced.

According to Jin Ten's report, the Federal Reserve's meeting minutes show that several participants expressed their support for using a balanced statement in future interest rate decisions to reflect that if inflation remains above the target level, raising interest rates may be an appropriate choice.

According to Jinshi reports, the Federal Reserve's meeting minutes show that almost all participants supported pausing interest rate actions in January. Several participants indicated that if inflation declines as expected, further rate cuts are likely to be appropriate.

According to Jinshi, Kevin Hassett, the Director of the National Economic Council at the White House, stated that we believe the Federal Reserve has a lot of room to cut interest rates.

According to Coinglass data, the total open interest of ETH contracts across the network has increased by 5.6% in the past 24 hours, with the current total open interest at $24.532 billion. Among them, Binance has an open interest of $5.281 billion, OKX has $1.703 billion, Bybit has $1.998 billion, and Gate has $2.837 billion.

According to Jinshi News, the CME "FedWatch" shows that the probability of the Federal Reserve keeping interest rates unchanged until March is 92.1%, while the probability of a 25 basis point rate cut is 7.9%. By April, the cumulative probability of a 25 basis point rate cut is 23.6%, the probability of keeping rates unchanged is 75%, and the cumulative probability of a 50 basis point rate cut is 1.5%. By June, the cumulative probability of a 25 basis point rate cut is 50%.

According to Jinshi News, Fed's Daly stated that models show productivity improvements will drive the neutral interest rate, while the labor market shows less liquidity and dynamism, making it unlikely to affect the neutral interest rate in the short term. Despite robust growth, businesses mentioned uncertainty in demand.

According to Jinshi, Fed's Daly stated that we have about 75 basis points of room before reaching the neutral interest rate.

According to Jinshi reports, Federal Reserve Governor Barr stated that the neutral interest rate level has risen slightly, but there has not been a dramatic change.

According to Jin Ten, Federal Reserve Governor Barr stated that evidence is needed to show that commodity price inflation is consistently declining before further rate cuts.

According to Jin Ten, Federal Reserve Governor Barr stated that the outlook suggests the Federal Reserve will maintain interest rates unchanged for some time.

Cryptanalysis expert Maartunn posted on the X platform, stating that the BTC contract open interest has decreased by 55% from its historical peak, marking the largest drop since April 2023.

According to Arkham monitoring, the open interest of JELLYJELLY has surged on the OKX and Bybit platforms.Meanwhile, exchanges like MEXC, Kucoin, and Bitget have seen preemptive control of holdings, or may be engaging in price manipulation.

According to Jinshi News, the US dollar has risen slightly for the second consecutive trading day, completely ignoring the market's expectation of about three interest rate cuts by the Federal Reserve this year. The options market shows that recent bearish sentiment towards the dollar has eased, with the front-end risk reversal indicator dropping to its lowest negative level in nearly a month. Some strategists believe that the expectations for interest rate cuts are excessive and may exceed the reasonable range supported by data, increasing the risk of a dollar rebound. Elias Haddad, Global Head of Market Strategy at Brown Brothers Harriman, stated that economic growth is strong and inflation levels remain above the Federal Reserve's 2% target.

According to Jinshi reports, CME's "Fed Watch" shows that the probability of the Federal Reserve keeping interest rates unchanged until March is 92.2%, while the probability of a 25 basis point rate cut is 7.8%.By April, the cumulative probability of a 25 basis point rate cut is 25.3%, the probability of keeping interest rates unchanged is 73.1%, and the cumulative probability of a 50 basis point rate cut is 1.6%. By June, the cumulative probability of a 25 basis point rate cut is 52.6%.

According to Coinglass data, the total open interest of ETH contracts across the network has decreased by 5.12% in the past 24 hours, with the current total open interest at $23.465 billion. Among them, Binance has an open interest of $5.161 billion, OKX has $1.608 billion, Bybit has $1.935 billion, and Gate has $2.79 billion.

According to Jinshi reports, CME's "Fed Watch" shows that the probability of the Federal Reserve keeping interest rates unchanged until March is 90.2%, while the probability of a 25 basis point rate cut is 9.8%. By April, the cumulative probability of a 25 basis point rate cut is 26.4%, the probability of keeping interest rates unchanged is 71.5%, and the cumulative probability of a 50 basis point rate cut is 2%. By June, the cumulative probability of a 25 basis point rate cut is 51.8%.

Gray's Chief Legal Officer Craig Salm stated at the Consensus Hong Kong conference:"If you have a business need to make large payments to vendors but don't want other companies or competitors to see this, which could expose your business information, you would want this transaction to remain private.Paying with Bitcoin doesn't necessarily achieve this because the blockchain is transparent. We've all seen accounts specifically tracking on-chain transactions on platform X. So you can imagine scenarios where this demand exists.And privacy-preserving tokens like Zcash are interesting because of 'selective disclosure'; you can choose to disclose information to a specific party, such as proving to the IRS that you have paid your taxes correctly, while maintaining privacy in everyday business or personal transactions.So, we think this is a very interesting currency. We already have a substantial Zcash trust, and we are working on converting it into an ETF, just like we have done for several other products."

According to Coinglass data, the total open interest for ETH contracts across the network has increased by 9.37% in the past 24 hours, with the current total open interest at $25.162 billion. Among them, Binance has an open interest of $5.312 billion, OKX has $1.678 billion, Bybit has $2.057 billion, and Gate has $2.919 billion.