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GAMEE brings blue-chip NFT communities on board to join our flagship TON-based project
VIPBitget VIP Weekly Research InsightsUS initial claims for unemployment insurance and the unemployment rate are being released this week, key factors influencing the Federal Reserve's decision on interest rate cuts in September. The market has been sluggish recently, with noticeable risk-averse sentiment. Bearish sentiment among community users and the arrest of Telecom's CEO, a black swan event, have further dampened the mood, resulting in average performance for blue-chip coins and altcoins. The market tends to fluctuate significantly when macroeconomic data is about to be released. It is reasonable to reduce leverage, maintain reasonable position sizes, and preserve funds to buy the dip. We will introduce upcoming token launches on Bitget, on-chain earning opportunities with USDT/USDC and SOL, and speculative targets in the Solana Liquid Staking (LSD) sector.
At BRN Metaverse, our mission has always been to provide our community with the best opportunities for growth, engagement, and innovation in the digital space. As part of this commitment, we are thrilled to announce that BRN will soon be listed on Bitget, one of the fastest-growing cryptocurrency exchanges in the world. But why did we choose Bitget? Here’s a closer look at why we believe Bitget is the perfect platform for BRN’s next big step.
- 22:33Three major U.S. stock indices closed collectively higherThe three major U.S. stock indexes closed collectively higher, with the Dow up 1.06%, the S&P 500 up 0.53%, and the Nasdaq up 0.03%. Most of the large technology stocks fell, Google fell more than 4%, Amazon fell more than 2%, Apple, Tesla, Microsoft, Meta fell slightly; Intel, Nifty rose more than 1%, NVIDIA rose slightly.
- 22:33Fed's Goolsbee: pace of rate cuts likely to slow as it edges closer to stable levels of interest ratesFederal Reserve Goolsbee said that as gradually approaching the level of interest rate stability, the pace of interest rate cuts may slow down, the next year, interest rates will be ‘substantially lower’. The labour market has cooled, close to full employment.
- 22:32Fed's Goolsbee: labour market has stabilised, may need to slow pace of rate cutsChicago Fed President Goolsbee reiterated on Thursday that he supports further rate cuts and is open to a slower pace of action, a statement that highlights the focus of the debate among Fed policymakers that the question is not whether to cut interest rates, but rather the speed and magnitude of the rate cuts. Fed policymakers will meet on 17-18 December, where they will decide whether to cut policy rates again, or wait until next year. Financial markets believe that the process of making a decision will be difficult, and the interest rate futures market believes that the probability of a 25 basis point cut in interest rates is about 55 per cent, and the probability of no cut in interest rates is 45 per cent.
