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09:46
UBS: Federal Reserve Chairman Kevin Warsh's debut is hawkish, and market expectations for rate hikes are excessive
UBS pointed out that the first Federal Reserve interest rate meeting under Chairman Kevin Walsh sent hawkish signals, but the market's bets on rate hikes this year are overly aggressive. UBS expects the Federal Reserve to keep the federal funds rate unchanged at 3.50%-3.75% for the remainder of the year, and recommends investors increase allocations to short-duration and medium-duration high-quality bonds to lock in yields.
09:40
Ethereum July Historical Return: 4 Up Months, 6 Down Months Since 2016, Average Return Rate 9%
BlockBeats News, July 1st, according to Coinglass data, in Ethereum's history, out of the 10 "July" price movements since 2016, there have been 4 increases and 6 decreases. The largest monthly increase occurred in July 2020, with a gain of 53.54%; the largest monthly decrease happened in July 2017, with a loss of 27.29%. From 2016 to the present, Ethereum has seen an average return of 9% in its "July" price movements, with a median return of -3.99%.
09:37
GasFree June Report: Transaction volume exceeds $11.4 billion, over 359,000 users benefit from free TRX transfers
According to Odaily, on July 1, JUST officially released the GasFree June data report. Data shows that the GasFree feature launched by TRON is becoming the preferred option for convenient on-chain transfers. This feature greatly simplifies the transfer process, allowing users to pay transaction fees directly with USDT in their wallet, breaking the traditional limitation of “having to hold TRX in advance” and significantly lowering the barrier for on-chain interactions. In June, GasFree processed a total of 719,270 transactions, with a transfer volume reaching $11.45 billion, serving more than 359,000 users cumulatively.
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