EIA gasoline inventory in the United States for the week ending August 15

The content discusses the potential of the crypto token DXL on the Solana network and emphasizes its price prediction and profit potential. - [💰] The DXL token is considered to have great profit potential due to its low current price. - [📈] It is recommended as a potential investment opportunity

The stablecoin landscape is being reshaped, with USDC leading new trends in Decentralized Finance. In 2021, the stablecoin market presented a new pattern. Although USDT's position on exchanges remains solid, USDC has gained an advantage in the Decentralized Finance space. Data indicates that USDC is more favored by DeFi users. At the same time, stablecoins are no longer just tools for reducing risk; they have become an important bridge for traditional finance to enter the crypto market and the DeFi sector. Stablecoins have always been the focus of the cryptocurrency market. They play an important role in the decentralized cryptocurrency ecosystem, especially in trading and transfer scenarios on centralized exchanges, helping users reduce asset volatility risk and lock in profits. In January of this year, U.S. regulators officially recognized the status of stablecoins. The Office of the Comptroller of the Currency announced that U.S. banks are allowed to use USD stablecoins for payments and settlements. This means banks can use stablecoins to facilitate customer transactions independently.

Recently, the SUI public chain has performed strongly, attracting market follow, with its coin price rising 185% in a month and a half. Several ecological projects such as Cetus, NAVI, and Scallop have shown outstanding performance, attracting institutional funds. Meme Tokens like HIPPO, AAA, and BLUB have also achieved good increases, but investors need to carefully assess the risks.

The Bitcoin ecosystem has made progress in programmability, with various innovative solutions such as Fractal, AVM, OP_NET, BRC100, and programmable runes emerging. These solutions enhance Bitcoin's functionality and scalability through virtualization, smart contracts, and decentralized computing, driving the development of more complex Decentralized Finance operations and cross-chain asset transfers.

Recently, expectations for a rate cut by the Federal Reserve in the financial markets have significantly intensified. Data from the Chicago Mercantile Exchange ( CME ) indicates that the probability of a 25 basis point cut in September has reached 83.5%, while the probability of a 75 basis point cut in December has surged from last week's 20.2% to 51.1%. This change reflects the market's strong anticipation for the Federal Reserve to adopt a more accommodative monetary policy before the end of the year. Generally speaking, the trend of loose monetary policy tends to create a favorable environment for risk assets, including cryptocurrencies. In this context, the price movement of Bitcoin is worth paying attention to. If the expectation of interest rate cuts materializes, the increase in market liquidity may push Bitcoin to break through the key resistance level of $120,000, and even reach a range of $130,000 to $150,000. This target is not without basis: a loose monetary environment often elevates the valuation center of risk assets, combined with the strong upward trend exhibited by Bitcoin itself, making this price target somewhat reasonable. However, investors also need to be cautious of the potential 'fake drop' market conditions that may arise in the short term. The current pullback is likely a short-term reaction from the market to the tightening liquidity expectations. In this situation, it is particularly important to closely monitor for signs of a bottoming out, such as the stabilization of key support levels or rebounds accompanied by increased trading volume. These signals may indicate the emergence of a buying opportunity at the bottom, and investors should remain vigilant to avoid missing out on potential low-price buying opportunities amid market panic. Overall, although Bitcoin prices may face fluctuations in the short term, if the Federal Reserve's monetary policy shifts towards easing, Bitcoin prices are expected to see significant increases by the end of the year. Investors need to find a balance between risk and opportunity, remaining optimistic about potential gains while also preparing for possible short-term volatility.