Barclays: Raises MicroStrategy price target from $275 to $515

The probability of the Federal Reserve cutting interest rates in October rose to 85% from 80% previously.

Federal Reserve: Uncertainty about the outlook has weakened, but it remains at a high level.

The Federal Reserve downgraded its 2025 GDP forecast to 1.4% and raised its inflation forecast to 3%.

The Federal Reserve's FOMC statement: Inflation remains slightly higher. Federal Reserve FOMC economic expectations: Median core PCE inflation expectations at the end of 2025, 2026, and 2027 are 3.1%, 2.4%, and 2.1%, respectively. (March expectations are 2.8%, 2.2%, and 2.0%, respectively)

Fed dot plot: 25 basis points each in 2026 and 2027. The Federal Reserve's dot plot: Seven out of 19 officials do not expect a rate cut in 2025, two expect one, eight expect two, and two expect three. Fed Dot Chart: Median expectations for the end of 2025, 2026, 2027, and the long-term federal funds rate are 3.9%, 3.6%, 3.4%, and 3.0%, respectively. (March expectations are 3.9%, 3.4%, 3.1%, and 3.0%)

Bloomberg previously reported that Musk's artificial intelligence startup xAI was trying to raise $9.30 billion in debt and equity as it burned through $1 billion a month, which Musk denied and called "nonsense".

Before the Fed releases its second forward-looking dot plot for 2025, it's worth reviewing officials' latest forecasts since March. At that meeting, officials expected GDP growth to slow to 1.7% this year, unemployment to rise to 4.4%, and the Fed's preferred PCE inflation measure to show prices rising 2.7% in 2025 as tariffs slow economic growth and drive up costs. Perhaps most importantly, the median official expectation is that the Fed will cut interest rates twice for the rest of 2025, follo...

Financial website Fxstreet analysis said that the Federal Reserve is widely expected to maintain its policy setting unchanged for the fourth consecutive meeting. Currently, the probability that the Federal Reserve will cut interest rates for the first time of the year in September is about 70%. Therefore, the revisions in the dot plot chart and the comments of US Powell could provide key clues to the timing and frequency of rate cuts. If the revised economic forecast shows that policymakers stil...

The Federal Reserve kept the base rate unchanged at 4.25% -4.50%, holding its ground for the fourth consecutive meeting, in line with market expectations.

The Fed's dot plot shows that two rate cuts are expected in 2025. (Two expected in March)

Coinbase has launched Coinbase Payments for commerce platforms, a USDC-based payment solution for commerce platforms. It has been launched on Shopify. Coinbase Payments aims to reduce the platform's dependence on blockchain technology, help PSPs, marketplaces and e-commerce infrastructure quickly access stablecoin payments, support low-cost access, no additional deployment required by merchants, and plans to support programmable incentive functions in the future.

According to market data, Circle Internet Group (CRCL) rose to 20.6%, briefly breaking through $180, and is now quoted at $180.3.