Market adjustments continue, defensive assets become a safe haven! Gold hits a new high, BTC still holds long-term value, and the widening credit spread sounds the alarm. Next week focuses on the Federal Reserve meeting, with interest rate cut expectations and a potential pause in QT possibly becoming key turning point signals!

The US stock market has triggered systemic selling, with non-farm employment showing differentiated demand-side pressure. The Federal Reserve reiterates its inflation anchoring target, with the policy balance tilting towards interest rate cuts. The impact of tariffs and economic resilience still await data verification, suggesting a flexible position to respond to CPI/PPI guidance and capture the switching window between recession and recovery trades.

Market trapped in recession expectation game: US Treasury yield curve inversion warns, funds flow into government bonds for safety, US stocks and crypto assets under pressure. Next week's non-farm payroll data may determine the strength of the "recession trade," with a focus on defense amid volatility. Long-term outlook remains optimistic on the innovation potential of the crypto sector, while short-term fluctuations do not change the upward trend!

Bybit and Infini, two major platforms, have successively suffered from hacker attacks, with the cold and hot wallet isolation mechanism and permission management vulnerabilities becoming fatal shortcomings. Although there is a panic-driven withdrawal trend in the market, $4 billion in institutional funds has entered the market against the trend, confirming the industry's resilience. Investors urgently need to build a robust system while paying attention to regulatory variables such as the EU's "Digital Asset Framework" and the FBI's anti-money laundering enforcement in the United States, in order to capture opportunities for undervalued quality assets during the period of reconstructing security standards.

The turmoil caused by the yen carry trade leading to asset declines will eventually pass, but what will happen to Japan's monetary policy and macroeconomics?

A Comprehensive Look at Solana's Next Hot Narrative: "PayFi"

The absence of presidential candidate Kamala Harris from the "Crypto4Harris" event has sparked dissatisfaction, yet her approval ratings continue to rise. What impact would Harris's election have on the cryptocurrency market? This article provides a comprehensive understanding of Harris's stance on cryptocurrency.

The disappointing U.S. non-farm data for July raises the question: Is the potential risk of an economic recession being overestimated?

Artificial intelligence to the left, collective intelligence to the right. This article will delve into Polymarket to interpret the development prospects of the prediction market concept that represents collective intelligence.

Are you curious about the characteristics of Bitcoin holders in the United States: are they conservatives or liberals? Do they value fairness or uphold authority? This article will give you an insight into the profile of these individuals.