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Is the Constraint of Reputation and Trust Still Effective in an Increasingly Murky Market?
Share link:In this post: Trump launched a new crypto venture where he profits early and his supporters lose money again. His past projects—Truth Social, $Trump, $Melania, and NFTs—left late investors with major losses. The new WLFI token offers no profits or ownership but funnels 75% of sale proceeds back to Trump.
Share link:In this post: Jerome Powell hinted at a possible September rate cut but admitted the Fed is facing a “challenging situation.” Fed officials are divided over inflation, weak hiring, and whether to cut rates now or wait. Trump threatened to fire Governor Lisa Cook and continues to pressure the Fed to lower rates.
Share link:In this post: Only 37% of Americans trust Powell to manage the economy, near record-low levels. Powell hinted at upcoming interest rate cuts during his final Jackson Hole speech. Trump attacked Fed official Lisa Cook and installed loyalists to reshape the central bank.
- 15:53Doodles: 25,000 Doopie Cubes to be launched on Solana next weekAccording to ChainCatcher, the official announcement states that Doodles will launch 25,000 Doopie Cubes on Solana next week, and community OGs and Dooplicators holders can claim them for free.
- 15:53CoinShares: The DAT bubble has largely burst, and an improved macro environment could provide support for the market.ChainCatcher reported that James Butterfill, Head of Research at crypto asset management firm CoinShares, released a report stating that the bubble of Digital Asset Treasury (DAT) companies has largely burst. By the summer of 2025, some companies that were trading at 3 to 10 times market value to net asset value (mNAV) have now fallen back to around 1x or even lower. This trading model, which once viewed token treasuries as a growth engine, has experienced a sharp correction. The future trajectory of these companies depends on market behavior: either price declines trigger disorderly sell-offs, or companies maintain their positions and wait for a rebound. If the macro environment improves and there is a possible rate cut in December, this will provide support for cryptocurrencies. Risk Warning
- 15:35The University of Michigan's Consumer Sentiment Index for December is reported at 53.3, with an expected value of 52.0.Jinse Finance reported that the University of Michigan's December Consumer Sentiment Index was 53.3, with an expected value of 52.0.