跟lu老师闲聊 @Luyaoyuan1 ，有趣的观点：两个周期重叠！
旧周期项目未完全退出，新周期项目却在旧项目高估值的基础上产生，导致新项目估值偏高。旧项目也在等待上所，整体处于缓慢增长的环境下，市场流动性不足，山寨币难以获得资金，一级市场项目难以退出，二级市场流动性低迷。

Twitter

Chatting with teacher Lu @Luyaoyuan1, interesting point of view: two cycles overlap!
Old cycle projects have not been completely withdrawn, but new cycle projects have been generated based on the high valuation of old projects, resulting in high valuations of new projects. Old projects are also waiting to be listed. The overall situation is slow growth, market liquidity is insufficient, Altcoin have difficulty obtaining funds, primary market projects are difficult to exit, and secondary market liquidity is sluggish.

- 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.