News

According to ChainCatcher, citing Golden Ten Data, Citibank expects that the Federal Reserve will cut interest rates by 25 basis points each in October and December 2026, and January 2027, a revision from its previous forecast of rate cuts in September, October, and December this year.

According to a post by trader Ansem reported by Odaily, Warsh and the hawkish FOMC may put pressure on risk assets, and risk assets are generally expected to decline tomorrow. Compared to most assets, BTC has already shown relative weakness. Ansem believes that BTC failed to break through the weekly resistance across multiple time frames and may once again test the range lows.

BlockBeats News, June 18th - The Financial Supervisory Service of South Korea issued a statement warning about single-stock leverage and inverse products, reminding retail investors that the risk of such products is increasing amid stock market volatility. The increased stock market volatility has led to significant price swings in these products. The Financial Supervisory Service of South Korea stated that this warning aims to remind individual investors to be aware of the risk of losses and to encourage making prudent investment decisions. The Financial Supervisory Service of South Korea will continue to closely monitor the investment trends of single-stock leverage products. If the concern about potential losses to investors escalates, the Financial Supervisory Service will take further actions, including issuing more warnings.