Recently, the direction of U.S. monetary policy has drawn widespread attention. Reports indicate that an important figure is about to nominate new members to the Federal Reserve Board, which could have a significant impact on future Intrerest Rate decisions. Currently, three voting members have expressed support, and if they gain one or two more supporters, the future direction of monetary policy could change significantly.

It is worth noting that after a Federal Reserve policymaker announced their resignation, market expectations for a possible rate cut in September rapidly increased, with the probability reaching 80%. Although current macroeconomic indicators such as unemployment rates and inflation levels do not seem to fully support an easing policy, internal pressure for a rate cut is gradually increasing. The President of the New York Fed has also publicly expressed support for a rate cut in September, further reinforcing this trend.

At the same time, the cryptocurrency market has also seen some interesting changes. Data shows that last week, the United States Bitcoin spot ETF experienced a massive net outflow totaling $642.9 million, reflecting that institutional investors may be in a wait-and-see mode. However, a publicly listed company in Japan chose to increase its holdings by 463 Bitcoins at this time, bringing its total holdings to 17,595 Bitcoins, demonstrating confidence in the long-term development of cryptocurrencies.

The Ethereum market is also attracting attention. A company named SharpLink Gaming continues to increase its holdings of ETH, currently holding 480,204 coins with an average purchase price of $3,045. These developments indicate that despite significant short-term market fluctuations, some enterprise-level participants remain optimistic about the long-term prospects of cryptocurrency.

Overall, both the traditional financial sector and the emerging cryptocurrency market are undergoing significant changes. These changes could have far-reaching impacts on the future economic landscape, and are worth our ongoing attention.