AICoin Daily Report (August 31)

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1. PCE Data Reduces Inflation Threat, September Rate Cut Probability Remains

After the release of PCE data, the possibility of a rate cut at the Federal Reserve's meeting on September 16-17 still exists. Michael Lorizio, head of U.S. interest rate trading at Manulife Investment Management, stated that the latest PCE data has reduced the risk of inflation threatening the September rate cut plan, and inflation factors will not significantly affect rate cut expectations. Meanwhile, long-term bond yields rose on Friday, mainly due to position closing operations before the long weekend and month-end adjustments, with some interest rate hedging trades also impacting the market. Lorizio expects that next week, as market participants return from summer vacations, the corporate bond market will significantly warm up, and activities in the primary market and spread products will fully resume. Additionally, the August employment data to be released next Friday may become an important reference for the Federal Reserve's recent policy decisions. -Original

2. Next Week's Federal Reserve Policy and Employment Data Become Market Focus

The cryptocurrency market experienced significant sell-offs this week, with Bitcoin facing double-top risks and Ethereum correcting after reaching a new high last Saturday. Although Ethereum's outlook is slightly better than Bitcoin's, its performance is still influenced by Bitcoin. Next week, the market will focus on speeches from Federal Reserve officials and key economic data: - Wednesday 21:00, St. Louis Fed President Bullard discusses the economy and monetary policy; - Wednesday 22:00, U.S. July job openings and factory orders data; - Thursday 02:00, Federal Reserve releases the Beige Book; - Friday 20:30, U.S. August non-farm payroll report, unemployment rate, and wage data. A weak labor market may strengthen expectations for a rate cut in September and increase the likelihood of a third rate cut of 25 basis points this year. Powell previously emphasized that inflation risks are skewed to the upside, while employment risks are skewed to the downside. -Original

3. TRON Reduces Energy Unit Price, Trading Costs Halved

The TRON community's proposal No. 104 has been passed, reducing the mainnet energy unit price from 210 sun to 100 sun (approximately 0.0001 TRX). This move reduces trading energy costs by about 50%, alleviating the burden on developers and users, and may promote ecological development. -Original

4. U.S. Stocks Overall Rise in August, Market's Rate Cut Expectations Strengthen

U.S. stocks performed strongly in August, despite AI-related stocks facing sell-offs before the long weekend at the end of the month, which did not hinder the monthly gains of major indices. The S&P 500 index rose 1.9% this month, the Nasdaq index increased by 1.6%, and the Dow Jones index recorded a 3.2% gain. Weak economic data and the mild impact of tariffs on prices have strengthened market expectations that the Federal Reserve will cut rates at next month's meeting. At the same time, Trump continues to pressure the Federal Reserve to promote low-interest-rate policies, intensifying market expectations for further rate cuts. However, economists warn that if the Federal Reserve is overly influenced by the White House, it may lead to excessive rate cuts and ultimately raise inflation. Nevertheless, the stock market seems to view this potential risk as a future concern, without significantly impacting current market sentiment. -Original

5. Binance Announces Upcoming Airdrop for Quack AI Token

Binance announced the launch of the Alpha airdrop event, introducing the Quack AI (Q) token, which aims to be the AI governance layer for Web3. The airdrop will take place on 2025-09-02 at 08:00 (UTC+8). The token will start trading on 2025-09-02 at 15:00 (UTC+8), supporting trading pairs QUSDT, Q, etc. After the airdrop ends, Q will be available on services such as Spot Trading on Binance Alpha and Futures Contract on Binance Futures, with the expected launch time of 2025-09-02 at 15:00 (UTC+8). Important notes: - Spot trading and futures contract launch on 2025-09-02 at 07:00 and 07:30 UTC respectively. - Airdrop claim period is limited to 24 hours (2025-09-02 07:00 UTC to 2025-09-03 07:00 UTC) and requires Binance Alpha Points. - Binance may adjust futures contract specifications based on market risk conditions. -Original

6. River Research Shows Companies Absorb BTC at Four Times Mining Rate

River's new flow chart shows that companies absorb about 1,755 BTC daily, while the mining rate is about 450 BTC, with funds and ETFs also increasing demand. -Original

7. Large Transactions in the Last 12 Hours Indicate Intensified BTC Long-Short Battle

Large transactions in the last 12 hours show that the battle between long and short positions has intensified, with total buy and sell amounts exceeding $20 million, indicating a basic balance of power. However, it is noteworthy that the latest two large market buy orders totaled over $4.8 million, indicating clear intent, which may lay the groundwork for a short-term rebound. Meanwhile, prices remain constrained by the EMA24/52 moving averages, with a weak medium to long-term trend, but the doji candlestick pattern suggests a potential change in trend is near. The RSI double bottom pattern and enhanced MACD momentum indicate an increased probability of a rebound, and caution is advised regarding potential upward movements by major players. Become a member to track large transaction trends in real-time and lock in major movement signals in advance! Data sourced from PRO members [BTC/USDT Binance 2-hour] candlestick chart, for reference only, not constituting any investment advice. -Original

8. CFX Trading Volume Soars 19 Times in a Short Time, Market Trading Active

Bitget CFX/USDT perpetual trading volume surged 19 times within 10 minutes, with nearly $11.99 million traded in the last 24 hours, an increase of 7.17%. A surge in trading volume generally indicates increased market activity or large fund buy-sell operations, possibly triggered by significant market changes or news announcements. AiCoin data shows that Bitget's comprehensive contract ranking is 4th globally. -Original

The above is a selection of hot topics from the last 24 hours. For faster news, please download AiCoin (aicoin.com)

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