According to an official announcement from Odaily Planet Daily, Binance will launch the YALAUSDT perpetual contract at 4:30 PM (UTC) on August 7, 2025, and the CARVUSDT perpetual contract at 4:45 PM (UTC), both supporting up to 50x leverage. (This newsletter was generated with AI assistance.)

According to Odaily Planet Daily, Fed President Bostic stated that given the complexity of the current situation, it would not be surprising if dissenting opinions continue to emerge at Federal Open Market Committee meetings. Policy decisions are more difficult now than they were 12 months ago; the risks facing the two major policy objectives are shifting. People always complain about the Fed; it's part of the job.

According to Odaily Planet Daily, Fed President Bostic expressed hope that price pressures will ease by the middle or end of next year, and that a return to a neutral interest rate will begin in 2026. (Jinshi)

According to the monitoring of on-chain analyst Yu Jin, the story of the "insider whale" may have come to an end. It took half a year, from a principal of 3 million US dollars to a profit of 29 million US dollars, but in the end all the principal and interest were lost. 1. In February and March of this year, with only $3 million in capital, he made a series of bold and aggressive trades and bet on the right direction, quickly earning a profit of $26 million. Because of his aggressive trades and quick profits, he was considered to have insider information, hence the nickname "Insider Whale." 2. He started short selling at the end of June, but the market was rising, so he kept losing money - covering his positions - losing money - covering his positions, and finally lost all his profits of 26 million US dollars in mid-July. 3. Starting from August 1, he continued to short sell with a capital of 3 million US dollars, and continued to stop loss and liquidate. Finally, tonight, all the principal was lost.

Odaily Planet Daily News: Fed's Bostic said he still believes there will be an interest rate cut this year. (Jinshi)

Odaily Planet Daily Market News: Waller has become a popular candidate for Federal Reserve Chairman in Trump's team.