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In fact, it will take us several years to obtain a validity proof for Ethereum consensus.

The Federal Reserve held its first Payments Innovation Summit, discussing the application of stablecoins, tokenized assets, and DeFi in the payments sector. The conference proposed establishing Federal Reserve accounts with limited access to reduce risks and explored how to make traditional systems compatible with blockchain. Cryptographic technologies are now becoming a central topic in payment discussions, and institutional investors may prioritize assets like bitcoin and ethereum. Summary generated by Mars AI. The accuracy and completeness of this AI-generated summary are still being iteratively improved.

The role of cryptocurrency in Argentina has fundamentally changed.


- 22:20Risk appetite rebounds, gold, silver, oil, and stocks experience sharp fluctuations at market openChainCatcher News, according to Golden Ten Data, due to the impact of weekend trade situation news, market risk appetite has increased, leading to significant fluctuations in various assets after the market opened this morning. Spot gold and silver gapped down at the open, with both dropping more than 1% at one point, but have now recovered most of the losses; WTI crude oil and Brent crude oil gapped up 0.8% and continued to strengthen; all three major US stock index futures rose, with Nasdaq futures up by 0.85%; the Australian dollar strengthened nearly 0.5% against the US dollar, while safe-haven currencies such as the Japanese yen and Swiss franc weakened slightly; bitcoin surged nearly $2,000 in the short term.
- 22:20The probability of the Federal Reserve cutting interest rates by 25 basis points in October rises to 98.3%.According to ChainCatcher, citing Jinse Finance, CME "FedWatch" shows that the probability of the Federal Reserve cutting interest rates by 25 basis points in October is 98.3%, while the probability of keeping rates unchanged is 3.3%. In addition, the probability of the Federal Reserve cumulatively cutting rates by 50 basis points by December is 94.8%.
- 21:26Analyst: Investors Should Remain Cautious When Using the Bitcoin S2F ModelJinse Finance reported that the Bitcoin Stock-to-Flow (S2F) model is one of the most widely cited BTC valuation frameworks, and this model predicts that the peak price of Bitcoin in the current market cycle could reach $222,000. However, André Dragosch, Head of Research Europe at Bitwise, stated that investors should exercise caution when using this model. Dragosch pointed out that the S2F model does not take demand-side factors into account, but instead focuses its price modeling on Bitcoin halving events, where the new BTC supply is halved every four years. He added: "Nowadays, institutional demand through Bitcoin-traded products (ETPs) and corporate treasury holdings has exceeded the annualized supply reduction from the most recent halving by more than seven times." Exchange-traded funds, ETPs, and other Bitcoin investment tools provide price support for BTC, keeping the price above $100,000. With the participation of institutional investors, the market structure has become more mature. Investors and analysts are still discussing the price trend of Bitcoin in this market cycle, and whether BTC has already peaked or still has room for further growth.