RT @okxchinese: L2的初心是为了解决以太坊的不可能三角问题，但也有人认为L2虽然解决了部分问题，同时也分散了用户和开发者的注意力，导致流动性的分散，降低了以太坊本身的价值。那么，L2的诞生，对于以太坊来说，到底是分散的繁荣还是分裂的灾难？是机遇还是危机呢？
今…

Twitter

RT @okxchinese: The original intention of L2 was to solve the Blockchain Trilemma problem of Ethereum, but some people believe that although L2 solves some problems, it also distracts the attention of users and developers, leading to the dispersion of liquidity and reducing the value of Ethereum itself. So, for Ethereum, is the birth of L2 a decentralized prosperity or a divided disaster? Is it an opportunity or a crisis?
now…

- The Federal Reserve has lowered interest rates by 0.5%.
- Market participants have mixed views on whether this larger-than-usual rate cut is good news.
It has finally happened: interest rates in the United States are declining.
Federal Reserve Chairman Jerome Powell announced on Wednesday that the nation's central bank will lower interest rates by 0.5%, putting them in the range of 4.75% to 5%.
Bitcoin rose 0.5 percentage points, reaching $60,500, while other major crypto assets such as Ethereum and Solana remained stable.
High interest rates make the cost of borrowing money higher and encourage investors to purchase risk-free government bonds to earn.

What does the Fed’s 0.5% rate cut mean for crypto assets?

Tencent News "Telescope", author: Ji Zhenyu
On September 18th, US time, the Federal Reserve announced a 50-basis-point rate cut at its closely watched September policy meeting, lowering the target range for the federal funds rate from 5.25%-5.5% to 4.75%-5%.
Federal Reserve Chairman Powell stated at the press conference that day that this is the beginning of a series of rate cuts. His remarks clearly announced that the Federal Reserve is officially ending the monetary tightening cycle that began in 2021 and entering a new cycle of monetary easing policy.
This magnitude significantly exceeded market expectations, and also increased market expectations for future economic...

The Federal Reserve cut interest rates by 50 basis points. Market participants: Powell's words and deeds are inconsistent

Source: CoinDesk
Author: CoinDesk Staff
Original Title: Arthur Hayes: 'If They Go 50, That Will Be a Nuclear Catastrophe for Financial Markets'
Translator: Bitpush News Shawn
-------------------------------------------------------

Arthur Hayes, the former CEO of BitMEX, believes that if the US Federal Reserve raises interest rates by 50 basis points, it will be a "nuclear catastrophe" for financial markets.

In a recent interview, Hayes stated that the Fed's aggressive monetary policy tightening could lead to a significant market crash. He warned that a 50 basis point rate hike would be "a nuclear catastrophe for financial markets."

Hayes argued that the Fed's actions are driven by political considerations rather than economic fundamentals. He believes that the central bank is under pressure to control inflation, even if it means sacrificing the stability of the financial system.

The former BitMEX CEO also expressed concerns about the potential impact of the Fed's policies on the cryptocurrency market. He suggested that the crypto industry could face significant challenges if the broader financial markets experience a severe downturn.