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🔥 Day 8 Hot Topic: XRP ETF Goes Live
REX-Osprey XRP ETF (XRPR) to Launch This Week! XRPR will be the first spot ETF tracking the performance of the world’s third-largest cryptocurrency, XRP, launched by REX-Osprey (also the team behind SSK). According to Bloomberg Senior ETF Analyst Eric Balchunas,
QCP: The Federal Reserve (FED) may lower its expectations for interest rate cuts, which is Unfavourable Information for Bitcoin and other risk assets.
According to a report by Golden Finance, QCP's analysis points out that against the backdrop of rising geopolitical conflicts and inflationary pressures, the Federal Reserve faces a complex situation at its meeting tonight. The Federal Reserve is expected to keep interest rates unchanged at tonight's meeting while releasing hawkish signals, emphasizing the new inflationary upward risks brought about by geopolitical uncertainties. Current market expectations indicate that there will be two interest rate cuts in 2025 and two more in 2026. However, QCP believes that the Federal Reserve may lower its expectations for the number of interest rate cuts in the latest dot plot. If the Federal Reserve makes such an adjustment, it could put pressure on risk assets, including Bitcoin and a broader range of digital assets, due to reduced liquidity expectations.