Odaily Morning News

1. The Federal Reserve keeps interest rates unchanged;

2. A certain exchange.US will apply to the CFTC for permission next month, planning to launch a prediction market;

3. Hawkins County, Tennessee, has passed a ban prohibiting the operation of crypto mining facilities and data centers;

4. Meta’s revenue hits a record high, but AI costs drag the stock price down;

5. Walsh reiterated the 2% inflation target at the opening, stating there is no “soft target”;

6. JPMorgan: The unwinding process of leveraged ETFs in the South Korean stock market has been completed, and hedge funds have finished 90% of their deleveraging;

7. Ethereum Institutional has completed its initial fundraising, with BitMine, SharpLink and others leading the investment;

8. In Q2, the total amount of financing and mergers & acquisitions in the crypto industry reached 12.86 billion USD, with debt financing becoming the second largest source;

9. Continuing to borrow to buy coins, Metaplanet has launched its first Bitbonds issuance in Japan, with an annual interest rate of up to 4%;

10. Bernstein adjusted Circle’s target price from 190 USD to 140 USD, judging that the Open USD threat will weaken.