Search results for "DROPS"
11:43

U.S. Treasury Secretary Basent: The Fed may drop interest rates by 50 basis points in September, and rates should drop by 150-175 basis points.

PANews August 13 news, US Treasury Secretary Becerra stated that the Fed's interest rate policy is tight, and the interest rate should drop by 150 to 175 basis points. He believes there may be a series of interest rate drops, possibly starting with a 50 basis point drop in September. Besant is optimistic about the Fed's September meeting and points out that if the data is accurate, the Fed may cut rates earlier. He also noted that corporate profit margins are returning to normal levels before the COVID-19 pandemic.
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12:23

The market drops the expectation of a rate cut by the Bank of England.

Jin10 data reported on August 7th that LSEG's data shows the currency market expects an 81% chance that the Central Bank of the UK will cut interest rates in December, down from the 96% expectation before the rate decision. The market also believes there is only about a one-third chance that the Central Bank of the UK will cut rates in November, which will maintain the Central Bank of the UK's recent quarterly rate cut pace. EFG Asset Management analyst Joaquin Thul stated in a report that the Central Bank of the UK may remain cautious as it expects inflation to reach twice the 2.0% target level by September.
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09:22

The buyback and burn of SUN Token for the 45th phase has been completed, with 3.84 million Tokens transferred to the Burn Address.

Odaily News SUN.io officially announced that the 45th phase of the SUN Token buyback and burn has been successfully completed. From July 10, 2025, to August 7, 2025 (Singapore time), a total of 3,843,344.5487 SUN Tokens were burned, all of which have been transferred to the Burn Address for permanent destruction, further reducing the Circulating Supply of SUN. Since December 15, 2021 (Singapore time), a total of 639,608,504.68 SUN Tokens have been repurchased and burned. This buyback and burn plan effectively drops the total market circulation of SUN Tokens, which not only enhances the market's perception of the scarcity of SUN Tokens but also builds a sustainable development foundation for its value rise.
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SUN2.59%
01:01

Gate Daily: Trump raises tariffs on India to 50%; Tornado Cash co-founder found guilty; Bitcoin and Ethereum August put options indicate big dump

Bitcoin (BTC) prices have slightly rebounded, currently reporting around $114,850 during the Asian session today (7th). U.S. President Trump has raised tariffs on Indian goods to 50%, and as trade tensions escalate, it has further suppressed the demand for Crypto Assets. A Manhattan jury has found Tornado Cash co-founder and developer Roman Storm guilty of conspiring to operate an unlicensed currency business. Cryptocurrency traders are preparing for potential price drops in Bitcoin and Ethereum this August, as DeriveXYZ's options data shows a clear bearish sentiment in the market.
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TRUMP-6.23%
ETH-3.09%
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08:56

Institution: The Bank of England may be reluctant to hint at future interest rate cuts.

Jin10 reported on August 4th that XTB analyst Kathleen Brooks stated in a report that the Bank of England may not indicate a future interest rate drop in Thursday's rate decision. The UK's inflation rate stands at 3.6%, still above the 2% target, which drops the likelihood of a further rapid rate cut after this week's cut. LSEG data shows that the market is pricing in another potential rate cut by the Bank of England by the end of 2025.
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00:55

Gate Daily: Bitcoin drops then pumps to 118,000; White House BTC reserve report disappointing; The Federal Reserve interest rate unchanged drops September rate cut prospects.

Bitcoin (BTC) price has experienced significant fluctuation, currently reported at around 118,310 USD today (30), having fallen to a low of 115,796 USD last night. The Federal Reserve (FED) has maintained the interest rate at 4.25%-4.50%, and Chairman Powell has reduced the likelihood of a rate cut in September. The White House has released a digital asset report, with no substantial updates on the Bitcoin reserve plan.
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BTC-2.87%
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04:26

Ethereum Price Drops Following Trader 0xCB92's Strategic Short Positions

Gate News bot message, trader 0xCB92 demonstrated precise timing in the Ethereum market through two significant short positions. On June 11, when ETH reached $2,880, 0xCB92 initiated a short position against the prevailing market sentiment, with ETH subsequently declining to $2,120. Following a simi
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ETH-3.09%
16:13

Trump stated that he is considering not taxing capital gains on home sales.

Jin10 data July 23 - US President Trump said on Tuesday that he is considering eliminating the Capital Gains Tax on home sales. "If the Fed drops interest rates, we might not even have to do this," Trump said to reporters in the Oval Office, "but we are considering not taxing the capital gains on real estate."
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TRUMP-6.23%
13:43

Trump's proposal to lower the Fed's interest rate to 1% has raised questions among economists.

ChainCatcher news, according to Jin10 reports, U.S. President Trump recently suggested that the Fed drop the benchmark interest rate to 1% to reduce government borrowing costs. Economists point out that in the current economic environment, with an unemployment rate of 4.1% and an inflation rate of 2.5%, such a significant rate cut could potentially raise inflation again and harm the independence of Fed policy. Historical data shows that a 1% interest rate typically occurs during economic crises, such as the 2008 financial crisis and the 2020 pandemic. Analysis shows that the large and beautiful bill passed by the Trump administration is expected to expand the budget deficit, and if combined with aggressive rate drops, it may exacerbate market concerns about inflation. Fed officials emphasize that there are risks associated with significant rate drops before the impact of the new tariff policy on inflation becomes clear.
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TRUMP-6.23%
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07:08

CryptoQuant: When the funding rate drops to about 50% for 30 days, BTC has shown a stage bottom, and currently it is at 54%.

PANews July 7 news, CryptoQuant analyst Axel Adler Jr pointed out that according to the charts, whenever the 30-day percentile funding rate of major exchanges falls to around 50% level (green circles marked: September 2023, May 2024, September 2024, and April 2025), the market has shown a phase bottom, followed by a pump trend. The most recent bottom occurred in April 2025, after which the price of Bitcoin rebounded to $112,000, and the current funding rate percentile remains at 54%. He believes that this market structure indicates that the bullish trend is still continuing, and the next focus will be on the funding rate reaching 80%. If this level is broken, there may be excessive market enthusiasm and subsequent adjustment risks.
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BTC-2.87%
00:26

The Hong Kong Stock Exchange will implement a new stock trading fee structure starting today.

The Hong Kong exchange will implement a new stock trading fee structure starting from June 30, removing the minimum limit of 2 HKD and the maximum limit of 100 HKD, thus dropping microtransaction costs. After the adjustment, the transaction cost for 1000 HKD drops to 0.042 HKD, allowing institutional investors to calculate costs more accurately and optimize trading strategies.
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08:01

Tencent Open Source Hunyuan-A13B Model

Jin10 data reported on June 27th, on June 27th, Tencent released and Open Source the HunYuan-A13B model. According to the introduction, as a large model based on the Mixture of Experts (MoE) architecture, it has a total of 80 billion parameters and 13 billion active parameters. While its performance is comparable to top open source models, it significantly drops inference latency and computational costs; under extreme conditions, it can be deployed with just one mid-range GPU card.
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B-8.41%
07:03

Analysis: The downward trend of Ethereum has not ended, and the leverage level remains high.

PANews June 23 news, according to Matrixport analysis, although Bitcoin attempts to rebound, the seasonal pattern indicates a lower possibility of sustained breakthroughs. To maintain technical effectiveness, Bitcoin needs to stay above $105,000. However, the greater concern lies with Ethereum, where leveraged traders have driven up prices in the absence of fundamental support. Currently, the price of Ethereum is primarily driven by futures holdings, making it susceptible to further declines. Over the past few days, Ethereum has experienced significant drops, and the leverage levels remain high, increasing the potential risk of price pressure.
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ETH-3.09%
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14:00

Trump: The Federal Reserve's Powell may not cut interest rates today; he is not a "Satoshi."

Gate News bot news, Trump stated that if The Federal Reserve (FED) drops the interest rate, we will be able to buy debt at a lower price. FED Chairman Powell is not a "SMART GUY" and may not cut rates today. Powell has done a poor job. Reducing the federal funds rate by 2.5 percentage points would be very good. I will take very short-term actions to drive a significant drop in interest rates, and then proceed with long-term investments.
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TRUMP-6.23%
05:21

DOGE is finding support around $0.164 as the market awaits clearer signals.

Gate News bot news, Gate News bot news, last weekend, tensions between Israel and Iran escalated, triggering a quick risk-off reaction in global markets. Cryptocurrencies were no exception, with Dogecoin (DOGE) falling nearly 8% at one point before stabilizing above the key technical floor, tentatively trading at $0.1715. At the same time, the Fed is widely expected to keep interest rates between 4.25%-4.50% and continue to shrink its balance sheet. These macroeconomic headwinds have put heavy pressure on altcoins, especially high-beta assets like Dogecoin. Still, Dogecoin found support as buying activity picked up to around $0.164, forming a potential double bottom pattern, which some analysts see as the basis for consolidation. As volatility cools and trading volume drops, the market seems to be waiting for clearer signals to determine the next directional move.
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DOGE-7.64%
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11:17

A large-scale electricity theft mining case was uncovered in Buryatia, with 95 mining rigs hidden in a modified truck.

According to the Gate News bot and Cointelegraph, law enforcement in the Republic of Buryatia, Russia, discovered a large-scale electricity theft for mining in the Baikal Lake area. The authorities seized a modified KamAZ truck, which contained 95 crypto mining rigs and a mobile transformer, illegally tapping into a 10 kV power line. The amount of electricity stolen by the mining farm is equivalent to the consumption of a small village. The local grid operator Rosseti Siberia has reported that this is the 6th case of electricity theft from a mining farm in Buryatia this year. At the scene of the incident, two suspects fled in an SUV. A large number of illegal electricity connections led to voltage drops and overloads in the regional grid, increasing the likelihood of power outages.
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06:43

Swedish core inflation drops to a five-month low, interest rate cut expectations rise.

According to Gate News bot, Sweden's core inflation rate fell to its lowest level in five months, largely in line with market expectations, which further strengthened the likelihood of a rate cut by the Riksbank later this month. Annualized inflation, which excludes energy factors, fell to 2.5% from 3.1% in April, below analysts' median forecast of 2.6% and lower than the Riksbank's previous forecast of 2.7%, according to preliminary data released by Statistics Sweden on Thursday. The data will be an important reference for the Riksbank to formulate monetary policy at its policy meeting on June 17.
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06:57

France's inflation drops, potentially clearing the way for the European Central Bank to cut interest rates next month.

According to Gate News bot, as reported by Jin10, France's inflation in May cooled more than expected, potentially clearing the way for the European Central Bank to cut interest rates next month. Data released on Tuesday showed that the preliminary year-on-year harmonized CPI for May recorded 0.6%, down from 0.9% in April. The decline in inflation in France's services and energy sectors helped prices further retreat this month. However, food inflation rose slightly.
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02:48

Crypto market pullback: SUI ecosystem leads the fall, BTC drops to $108,000

Gate News bot news, SoSoValue data shows that the crypto market has experienced a pullback after consecutive pumps. The SUI ecosystem zone led the decline, with a 24-hour drop of 4.30%, where SUI fell by 4.15%, and Cetus Protocol (CETUS) and SUIA dropped by 10.80% and 17.50%, respectively. Bitcoin (BTC) retreated from 110,000 to 108,000, with a fall of 1.11%, while Ethereum (ETH) fluctuated around 2,500, with a drop of 0.98%.
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SUI-4.78%
BTC-2.87%
01:03

Glassnode: Bitcoin hits an all-time high, but profit-taking drops sharply to 1 billion dollars.

Although the amount of profit in the bitcoin market reached a new high in May 2025, it was only $1 billion, less than half of what it was in December 2024. The current market is dominated by short-term traders, with long-term holders trading less, indicating optimism about the future. As the price of BTC rises, investors may focus on Altcoin, which has more potential for yields, which may lead to a change in the market's center of gravity.
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BTC-2.87%
06:53

CZ: Investing in Crypto Assets should involve proper Risk Management and an understanding of one's actual situation.

BlockBeats news, on May 20, CZ shared his views on social media stating, "Investing in Crypto Assets carries risks. Not investing in Crypto Assets also carries risks. Learn to manage risks: Ask yourself: What is the worst-case scenario? If it drops to zero, can you still survive? Can you maintain your lifestyle? How many failures can you endure? Do you know/understand what you are doing? If you don't understand, go read and learn."
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02:59

Analysis: ETH/BTC is attempting to break through the "bearish parabolic" resistance, and the technical structure is very similar to that of 2019.

The Exchange Rate of Ethereum against Bitcoin is approaching a critical point, with a technical structure similar to that of 2019. The market is concerned about Ethereum's shift to PoS, leading to a fall. Analysts point out that if the resistance is broken, it could open up a rise cycle. Early Bitcoin developers criticize Ethereum's design flaws and suggest selling ETH before it drops to zero. Ethereum has proposed a new architecture protocol aimed at improving maintainability, and analysts are optimistic about this proposal.
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ETH-3.09%
BTC-2.87%
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21:36

Poll: Trump's approval rating drops to the lowest level since taking office.

Jin10 Data, April 22 - According to a Reuters/Ipsos survey: President Trump's approval rating has dropped to 42%, the lowest level since he returned to the White House; 57% of respondents believe it is inappropriate for Trump to freeze university funding due to policy disagreements; 74% of Americans oppose President Trump's run for a third term.
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TRUMP-6.23%
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15:47

The Federal Reserve's Daly: If inflation is more persistent, the number of rate cuts may be less than two.

Jin10 data reported on April 18, The Federal Reserve (FED) member Daly expressed satisfaction with expectations of two rate drops this year, but if inflation proves more persistent, the number of rate drops this year may be less than two. If economic growth slows, further rate drops will be implemented, gradually reducing the policy Intrerest Rate, and lacking urgency is the correct approach. The only commitment of the Federal Reserve (FED) is to restore price stability. Currently, the United States has a stable labor market, but price stability still needs to be achieved.
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00:17

U.S. Judge Withdraws SEC Crypto Regulatory Lawsuit, DeFi Education Fund Drops IRS-Related Lawsuit

Gate.io News bot, CoinDesk reported that a U.S. federal judge approved the suspension of 18 Republican state attorneys general and DeFi education funds against the SEC after Paul Atkins became chairman of the SEC. The lawsuit concerns the scope of the SEC's authority when it comes to regulating crypto exchanges. The court required the parties to file a joint report within 30 days and extended all relevant deadlines by 60 days. At the same time, organizations such as the DeFi Education Fund have withdrawn their lawsuits against the IRS after Trump signed a resolution to repeal DeFi broker rules.
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DEFI-5.59%
TRUMP-6.23%
01:35

Galaxy Research: CeFi loan volume drops to $11.2 billion, DeFi dominates the encryption lending market.

Gate.io News bot message, according to the latest research data from Galaxy, the total scale of CeFi loan portfolios will reach $11.2 billion by the end of 2024, a decrease of 68% compared to the historical high of $34.8 billion in 2022. In the CeFi lending institutions, ranked by the size of outstanding loans, Tether ranks first, followed by Galaxy, Ledn, Coinbase, and Maple. Research indicates that the current overall market size of DeFi and CeFi is approximately $30 billion. If we include CDP stablecoins like DAI, the total size exceeds $35 billion. It is worth noting that DeFi's share in the crypto lending market has surpassed 60%. Source: Wu Says
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DEFI-5.59%
03:21

Pyth Network has launched multiple forex on-chain real-time prices, further building a borderless global financial market.

Pyth Network has launched multiple on-chain real-time prices for forex, including emerging market currencies such as the Chilean Peso, Colombian Peso, and Indonesian Rupiah. This initiative breaks the monopoly of banks and institutions on forex data, drops the cost of access, and promotes DeFi innovation. DeFi protocols can utilize this data to build forex derivations, stablecoin applications provide fairer Exchange Rate conversions, and businesses can hedge currency risks without bank support, connecting DeFi and the TradFi system, realizing the vision of a borderless global financial market.
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PYTH-8.42%
11:09

Oil prices fall, and the Norwegian krone drops to an eight-month low.

Jin10 data reported on April 7, due to concerns that Trump's tariffs could lead to a global economic recession, oil prices experienced a big dump, and the Norwegian krone to euro Exchange Rate fell to an eight-month low. ING analyst Turner said in a report that the krone was the worst-performing G10 currency over the past week. He mentioned that the Norwegian krone has been heavily impacted by falling oil prices. As the Central Bank of Norway has yet to start cutting interest rates, the potential for the largest drop in Norway's Intrerest Rate is also dragging down the krone. The decline in Liquidity is another factor. "Traditionally, the krone performs very poorly in a low Liquidity environment, and that may be the case this week."
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TRUMP-6.23%
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14:50

Hyperliquid co-founder responds to concerns about protocol security: leverage system and HLP liquidation mechanism have been updated.

Hyperliquid's co-founders responded to concerns about market manipulation, stating that the Margin design ensures the platform's solvency through mathematical mechanisms, with losses limited to its own treasury and not relying on HLP for operation. After the JELLYJELLY incident, the backup liquidation protection mechanism was strengthened, optimizing HLP's loss resistance without changing the underlying architecture. The liquidation treasury sets a collateral cap, processing Position orders while preserving market liquidation, backup liquidation, and automatic deleveraging. Backup liquidation increases the loss limit, drops the attack cost, and maintains the operating mechanism.
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HYPE-2.65%
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