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1Bitget UEX Daily | Warsh's Dovish Debut Turns Hawkish, Half of Officials Expect Rate Hikes; US-Iran Signs Memorandum Easing Geopolitical Risks; Major US Indices Pull Back, Tech Stocks Under Pressure2Walsh's "debut": Deliberate ambiguity?3🔥 Bitget US Stock Hotspot Sniper|2026.06.18

Meme Coin Trading Volume Skyrockets: What’s Driving the Frenzy?
Coinedition·2024/07/16 09:37

Crypto Market Update: Litecoin and XRP Lead the Altcoin Rally
Coinedition·2024/07/16 09:37

RootData: 2024 Q2 Web3 Industry Investment Research Report
BlockBeats·2024/07/16 09:19

Mt. Gox wallet transfers $2.7 billion in BTC to unknown address
Cryptopolitan·2024/07/16 09:10

Base Dawgz Rockets Past $2.5M In Presale, Aims To Trump Mog Coin In Bullish Meme Coin Market
Insidebitcoin·2024/07/16 08:53

Bored Ape NFT DAO’s ApeChain Testnet Curtis Sets To Launch Today
Insidebitcoin·2024/07/16 08:53

Next Cryptocurrency to Explode Monday, July 15 — Conflux, VeChain, Maple, Andy
Insidebitcoin·2024/07/16 08:53

Bitget Research: Ethereum ETF May Be Approved on July 23, Ethereum Ecosystem Shows Significant Rebound
In the past 24 hours, many new popular tokens and topics have emerged in the market, which are likely to be the next wealth creation opportunities.
Bitget Research·2024/07/16 07:05

Ancient8 (A8): Double Hype Expectations of Guild and L2
远山洞见·2024/07/16 07:01

10 Reasons Why Bitcoin Surged 10%
10xResearch·2024/07/16 06:04
Flash
07:04
Nagel: New forms of currency may weaken the transmission of interest rate policyEuropean Central Bank Governing Council member Nagel stated that new forms of currency may weaken the transmission effectiveness of interest rate policy.
07:00
Analysis: If the Strategy must sell BTC to pay dividends, it may face a downward spiral riskBlockBeats News, June 18th, CryptoQuant analyst Maartunn posted, stating that at the current price, Strategy's BTC reserve can cover its dividends for about 32 years. However, if Strategy needs to sell BTC to pay these dividends, selling pressure may occur, potentially driving down the BTC price. A decrease in the BTC price would then reduce the value of its BTC reserve and shorten the dividend coverage period it is emphasizing. In other words, if this situation persists, there may be a risk of evolving into a downward spiral.
Previously reported, Strategy's preferred stock STRC severely deviated from its peg to a recent low, with a closing price of $88.9. The significant deviation of STRC indicates a market demand for a higher yield and a decrease in investor confidence in its credit/dividend stability. Strategy previously relied heavily on issuing STRC to finance the purchase of Bitcoin; if the STRC price is below face value, issuing new STRC is no longer cost-effective for the company, equivalent to borrowing at a higher cost. Therefore, its "ability to continue buying coins" will be weakened. In response to this, Strategy stated on social media: "The company's Bitcoin reserve is sufficient to cover dividends for 32 years," attempting to stabilize the market.
06:58
After the Federal Reserve hinted at an interest rate hike, the US dollar remains strong.```htmlJinse Finance reported that on June 18, the Federal Reserve indicated it might raise interest rates before the end of the year. After the US dollar reached an 11-week high against a basket of currencies, it remained at elevated levels. As expected, the Federal Reserve kept interest rates unchanged, but its latest forecasts show that 9 out of 19 officials anticipate at least one rate hike by year-end, whereas in March, none expected an increase. The newly appointed Federal Reserve Chairman Kevin Walsh also emphasized that policymakers are “clear and united” in their commitment to bringing the inflation rate back down to the Federal Reserve's 2% target. The DXY dollar index rose 0.1% to 100.218, having hit a high of 100.574 on Wednesday. (Sina Finance)```
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