Author: TechFlow
Yesterday's Market Dynamics
US June Unadjusted Core CPI Year-on-Year Rate 2.9%, Seasonally Adjusted CPI Month-on-Month Rate 0.30%
According to Jin Shi data, the US June unadjusted core CPI year-on-year rate is 2.9%, expected 3.00%, previous value 2.80%.
Seasonally adjusted CPI month-on-month rate 0.30%, expected 0.30%, previous value 0.10%.
Federal Reserve Mouthpiece: Today's CPI Report Will Not Change the Fed's Policy Direction
According to Jin Shi data, the "Federal Reserve mouthpiece" Nick Timiraos recently wrote: "The June inflation data may keep Fed officials cautious. Those who predicted that tariffs would cause more significant price pressures later this year may not have much reason to change their view after seeing the June data - especially if retailers delay price adjustments as much as possible. The June data will only make the upcoming July and August data more important. Similarly, policymakers who believe tariffs will not cause significant inflation (because businesses lack pricing power to support inflation) will have almost no reason to change their view after Tuesday's report." In recent weeks, Fed Chairman Powell stated that the threshold for rate cuts may have slightly lowered compared to spring. This shift reflects an assessment that inflation risks may take longer to manifest and thus have a relatively weaker impact. If the Fed maintains the expectation that "inflation acceleration will not be too intense", Powell may open the door for rate cuts as early as September based on a softening labor market or improved inflation data.
Trump: Congressional Members Unanimously Agree to Vote on GENIUS Bill Tomorrow Morning
On July 16, Trump stated that he met with 11 congressional members in the Oval Office and reached a consensus on the GENIUS Bill, planning to vote tomorrow morning. House Speaker Mike Johnson participated via phone and supported an immediate vote.
US Treasury Secretary: Formal Procedure for Powell's Successor Has Been Initiated
According to Jin Shi data, US Treasury Secretary Besent stated that the formal procedure for Powell's successor has been initiated and will proceed at Trump's pace. There are many rumors about the "shadow Fed chairman" which may cause confusion. If the former Fed chairman continues to remain in office, it would be perplexing.
pump.fun Suspected of Transferring 98,000 SOL, Worth Approximately $16 Million, to Buyback Address
According to on-chain data, pump.fun is suspected of transferring 98,000 SOL, worth approximately $16 million, to a buyback address. Previously, market reports stated that pump.fun announced the first round of PUMP buyback.
Aqua1: Team Operates Independently, Unrelated to Web3port
According to an official announcement, Aqua1 Foundation released a statement responding to recent rumors about its team and operations. The statement said Dave Lee joined Aqua1 as co-founder and CEO in April 2025 and is highly aligned with the team's long-term vision. Aqua1 emphasizes its independent operation, with no equity, financial, or operational connections to any unrelated entities. The team is collaborating with Middle Eastern institutions to advance the project, but some details remain undisclosed due to compliance requirements.
Previous reports revealed that the unknown company Aqua1, which donated $100 million to WLFI, was exposed as Web3Port.
Eclipse Announces Token Airdrop Claiming Will Open at 17:00 on July 16
According to the official announcement, ES token airdrop claiming will open at 17:00 Beijing time on July 16, with ES to be simultaneously issued on the Eclipse mainnet, Ethereum mainnet, and Solana network.
Market News: US Department of Justice Ends Investigation into PolyMarket
According to market news, the US Department of Justice has ended its investigation into PolyMarket.
Citigroup CEO: Exploring Possibility of Issuing Stablecoin
According to Jin Shi data, Citigroup's CEO stated that the bank is exploring the possibility of issuing a stablecoin.
Standard Chartered Bank Launches Bitcoin and Ethereum Spot Trading Services
According to Reuters, Standard Chartered Bank, through its UK branch, has officially launched Bitcoin and Ethereum spot trading services for institutional clients, becoming the first global systemically important bank to offer such services. The service aims to meet the growing digital asset demand of institutional clients, who can trade digital assets through a familiar forex trading interface. Standard Chartered Bank stated it will offer non-deliverable forward trading in the future and emphasized its commitment to providing secure, efficient, and compliant digital asset trading and risk management solutions.
SharpLink Gaming Purchases 5,188 ETH Again 10 Hours Ago, Cumulative Holdings Reach 300,000
According to analyst Yu Jin's report, 10 hours ago, SharpLink Gaming purchased an additional 5,188 ETH (approximately $15.86 million) through Coinbase Prime. Since early June, SharpLink Gaming has accumulated 300,000 ETH in a MicroStrategy-like mode, with an average purchase price of around $2,701, currently showing an unrealized gain of $130.9 million.
Market Dynamics
