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Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.

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  • 05:57
    Institution: ECB's rate cut today is a foregone conclusion, further cuts expected in the future
    According to a report by Jinse Finance, Ronald Temple, Chief Market Strategist at Lazard Asset Management, stated that the continued decline in inflation in the Eurozone, coupled with the consistently dovish rhetoric of European Central Bank officials, makes a rate cut this Thursday almost a certainty. The European Central Bank had previously defined the interest rate range of 1.75%-2.25% as a neutral monetary policy level. "Any signal of a change in this view would be surprising. Given the more aggressive trade stance of the United States towards the EU, it is still expected that rates will drop to 1.5% by the end of the year." According to LSEG data, the money market expects rates to be around 1.70% by the end of the year, slightly higher than the strategist's forecast. (Jin10)
  • 05:57
    Meteora: Liquidity Unlock Issue in Certain DAMM V2 Pools
    According to a report by Jinse Finance, Solana liquidity management platform Meteora stated on Platform X that it has discovered an issue where liquidity in certain DAMM V2 pools appears to be unlocked. They are currently working with Dex Screener to resolve this issue. It should be noted that not all DAMM V2 LPs are locked. Users can directly check the accurate LP lock status through Meteora's UI if needed.
  • 05:57
    Hong Kong to Launch Virtual Asset Derivatives Trading Service
    According to a report by Jinse Finance, the Hong Kong Securities and Futures Commission plans to introduce virtual asset derivatives trading for professional investors, aiming to expand cryptocurrency product options while ensuring risk control. Christopher Hui, Secretary for Financial Services and the Treasury, stated on Wednesday that this move will enhance Hong Kong's competitiveness in the global digital asset market. The Commission emphasized prioritizing sound risk management measures to ensure trading is conducted in an "orderly, transparent, and secure manner." Additionally, Hong Kong is preparing to release a second virtual asset policy statement and has implemented tax incentives to attract international fintech companies. Currently, Hong Kong has over 1,100 fintech enterprises, including 8 licensed digital banks, 4 virtual insurance companies, and 10 virtual asset trading platforms.
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