CME Fed Watch: The probability of a 25 basis point rate cut in July is 18.6%

Bitcoin miner MARA Holdings has appointed Nir Rikovitch as Chief Product Officer (CPO), responsible for developing product development and business strategies to drive the productization of energy technologies. Rikovitch was formerly Director of Product Management at Blue River, a subsidiary of John Deere, and has experience in automation and machine learning.

ETH stood at $3,000/piece for a short time, the first time since the beginning of February this year. Now reported at $2962.07, a 24-hour increase of 7.1%, the market fluctuates greatly, please do a good job in risk control.

Coinbase International Exchange and Coinbase Advanced have officially opened PUMP-PERP perpetual contract trading.

According to the CME "Fed Watch", the probability that the Fed will keep interest rates unchanged in July is 92.8%, and the probability of a 25 basis point cut is 7.2%. The probability that the Fed will keep interest rates unchanged in September is 29.7%, the probability of a cumulative 25 basis point cut is 65.4%, and the probability of a cumulative 50 basis point cut is 4.9%.

Cryptocurrency trading platform Kraken is investigating an order issue.

Harmonic AI, an artificial intelligence startup founded by Robinhood CEO Turneff, has raised $100 million to solve a problem that sometimes plagues artificial intelligence models: mathematics. Harmonic AI's Series B funding valued the company at $875 million. Harmonic plans to open its flagship artificial intelligence model, Aristotle, to researchers and the public later this year.

According to CCTV coverage, after the United States announced that it will impose a 50% tariff on Brazilian goods from August 1, local time on July 10, Brazilian President Lula said in an interview that Brazil will negotiate tariffs with the United States, and if it fails, it will take reciprocal countermeasures. Lula said that Brazil will give priority to trying to negotiate tariffs and file a lawsuit at the World Trade Organization against the unilateral tariff measures imposed by the United S...

Jamie Dimon, chief executive of JPMorgan Chase, said the Fed was likely to raise interest rates. "I think the probability of a rate hike is higher than everyone else is expecting," Mr. Dimon said. "If the market is pricing in a 20 per cent probability, then I would put the probability at 40 to 50 per cent."

According to CCTV coverage, Ukrainian President Zelensky said in an interview that negotiations between Russia and Ukraine will not be held for the time being because the prisoner exchange agreed by the two sides has not been completed. Zelensky also said that he is considering transferring the current Ukrainian Defense Minister Umerov to the post of ambassador to the United States. He said that Ukraine will definitely be replaced in the near future...

It's a good thing that stablecoins will enhance competition in payment systems, Federal Reserve Governor Paul Waller said Thursday. Speaking at an event at the Federal Reserve Bank of Dallas, Waller said the rise of stablecoins will make many types of payments cheaper and faster. "As a free-market capitalist economist, my goal is to lower costs for households, consumers, and businesses through competition in the payments space," Waller said. He also said stablecoins may dampen demand for U.S. pa...

White House trade adviser Navarro said the United States would increase tariff revenue by trillions of dollars.

Market news: Florida Attorney General investigating Robinhood's (HOOD. O) efforts to promote cryptocurrency trading.