ChainCatcher news, according to Watcher.Guru, asset management giant Macquarie, with an asset management scale of 870 billion dollars, stated that Bitcoin mining can support the local power grid.

ChainCatcher news, according to The Block, Macquarie, the Australian multinational investment bank, has given "outperform" ratings to several Bitcoin mining companies including MARA, Riot Platforms, Core Scientific, CleanSpark, and Cipher Mining. Analysts believe these companies are shifting focus from cryptocurrency to artificial intelligence (AI) and high-performance computing (HPC) models.Macquarie analysts Paul Golding and Emma Liang noted that in recent years, Bitcoin mining businesses have become increasingly diversified, a trend that has accelerated following Bitcoin's fourth halving in April this year. Some mining companies view their unique power resource advantages as opportunities to diversify into non-crypto-related hosting businesses, while others focus on accumulating Bitcoin assets.

ChainCatcher news, Macquarie Group economists expect that, thanks to the recent decline in inflation, the Federal Reserve will begin to ease monetary policy starting in December ------ rather than in the first quarter of 2025."The breadth indicators show significant improvement, which is favorable for the decline in inflation," economist David Doyle wrote on Tuesday regarding the May CPI report. "This improvement, along with more mixed signals from the labor market, has prompted us to bring forward our baseline scenario for FOMC easing."Macquarie currently expects a 25 basis point rate cut in the fourth quarter, specifically in December; previously, it was expected in the first quarter of 2025.