Overview of Important Overnight Developments on August 1
21:00-7:00 Keywords: Rate Cut, Powell, Liminal, Riot
1. The Federal Reserve keeps the benchmark interest rate unchanged;
2. The probability of a rate cut by the Federal Reserve in September is 100%;
3. Powell: The Federal Reserve is not seeking authorization to issue a CBDC;
4. Trump launches limited edition sneakers supporting Bitcoin payments;
5. Powell: Rate cuts are getting closer, but we're not there yet;
6. Tether: First-half profit reaches $5.2 billion, a record high;
7. Riot increases its stake in Bitfarms, now holding nearly 16% of the shares;
8. BIS and the Bank of England plan to regulate the balance sheets of stablecoin issuers;
9. Liminal refutes allegations of infrastructure involvement in the $230 million WazirX hack.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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