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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.
- 03:31Data: In the past 7 days, CEXs have seen a cumulative net outflow of 8,915 BTCChainCatcher news, according to Coinglass data, in the past 7 days, CEXs have seen a cumulative net outflow of 8,915 BTC. The top three CEXs by outflow are as follows: · One exchange, with an outflow of 6,335.56 BTC; · One exchange, with an outflow of 1,193.43 BTC; · One exchange, with an outflow of 1,163.66 BTC. In addition, one exchange saw an inflow of 1,097.26 BTC, ranking first in terms of inflow.
- 03:21Analysis: Rising Bitcoin "vitality" indicator suggests the bull market may continueJinse Finance reported that crypto analyst "TXMC" posted on X, pointing out that although the recent bitcoin price has declined, the liveliness of this cycle continues to rise. This indicates that there is underlying demand for spot bitcoin, which is not reflected in the price trend and may suggest that the bull market cycle is not yet over. The analyst stated that this indicator reflects the long-term moving average of on-chain bitcoin activity, representing the sum of all lifecycle spending and on-chain holding activity. During bull markets, as supply changes hands at higher prices, market "liveliness" usually increases, indicating the inflow of new investment capital.
- 03:12Bankruptcy sector concept tokens continue to surge, USTC up over 78% in 24 hoursBlockBeats News, December 7, according to data from a certain exchange, the bankruptcy sector concept tokens continue to surge, among which: · USTC has risen over 78% in 24 hours, with a market cap rising to $69.35 million; · LUNA has risen over 39% in 24 hours, with a market cap rising to $160 million; · LUNC has risen over 19% in 24 hours, with a market cap rising to $363 million; · FTT has risen over 18% in 24 hours, with a market cap rising to $234 million. BlockBeats reported yesterday that recently, after SBF’s fellow inmate was pardoned, SBF has been making frequent statements, indicating a potential possibility of receiving a pardon. However, on the prediction market Polymarket, the probability of "Will Trump pardon SBF in 2025?" remains at a very low level of about 2%.