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14:43
Data: Robinhood Earn Vault's current TVL has reached 16 million dollars, with an APY of 7.1%
According to Odaily, Entropy Advisors Head of Data and former 21.co analyst Tom Wan posted on X that the Robinhood Earn vault managed by Steakhouse Financial on Morpho currently has a TVL of $16 million and an APY of 7.1%, with 1.7% coming from protocol revenue and 5.4% from incentive subsidies. Tom Wan stated that Robinhood allocates an annual incentive budget of $115 million USDG to this vault. Based on the current incentive rate of approximately 5%, this could theoretically support a deposit scale of about $2 billion, corresponding to a TVL potential of $1.5 billion to $2.5 billion.
14:43
The probability of "LeBron James joining the Cavaliers" on Polymarket has surged to 58%, up 19% in the past 24 hours.
In the multi-option prediction event "Which team will LeBron James play for next season" on Polymarket, the probability of him joining the Cleveland Cavaliers has surged sharply to 58%, up 19% in 24 hours, while the probability of joining the Philadelphia 76ers has dropped to 7%, down 12% in 24 hours. According to ESPN Cleveland, LeBron James attended a gathering with his high school teammates on the evening of July 4th local time, but Cavaliers assistant general manager Brandon Weems appeared in the photo. Additionally, according to well-known sports journalist Marc Stein, the possibility of a second reunion between LeBron James and the Cleveland Cavaliers is rapidly heating up. Odaily Seer channel continues to monitor the prediction market, observing changes before pricing occurs.
14:00
ByteDance Trader Earns 30 Million: CPI and Non-Farm Data Are Not Market Noise
On July 5, Leto Bao, the protagonist of "ByteDance Trader Earns 30 Million," reviewed his journey of making 30 million in the U.S. stock market at an exchange Square. He stated that CPI, non-farm payrolls, and Federal Reserve policies are macroeconomic factors, while earnings season reflects the performance of specific companies or industries and also indicates changes in the macroeconomy. Leto Bao noted that the CPI price index is one of the key indicators monitored by the Federal Reserve. A high CPI typically indicates significant inflationary pressure, while a low CPI may reflect deflationary pressure. The Federal Reserve's long-term goal is to maintain inflation around 2%, representing a moderate inflation environment, which implies slow currency depreciation and relatively healthy investment, consumption, and credit activities. Non-farm data also influences market judgments. There is a certain correlation between overheating employment and inflation, but the relationships among macroeconomic indicators are complex and not simply linear. The Federal Reserve is responsible for formulating economic policies related to interest rates and adjusts these policies to support the U.S. economy. Leto Bao believes that CPI, non-farm data, Federal Reserve policies, and earnings seasons should not be viewed merely as "noise"; they all hold significant reference value. He mentioned that he previously overlooked the interest rate hike environment when investing in Nvidia, resulting in a substantial account drawdown, thus emphasizing the need to consider macroeconomic factors in investment decisions. Leto Bao, a former employee of ByteDance, is known as the "ByteDance Stock Trader." He reportedly made approximately 30 million RMB in profits by investing in the AI storage sector and subsequently resigned. The story began when he noticed an unusual price increase while buying hard drives on Pinduoduo, prompting him to research data storage demand and heavily invest in related stocks.
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