Morning News List of important developments overnight on August 19
21:00-7:00 Keywords: Goldman Sachs, VanEck, Tom Porcelli, Bitcoin ETF
1. The total value of Arbitrum bridge storage exceeded 4 million ETH;
Goldman Sachs: It is expected to start three consecutive interest rate cuts of 25 basis points in September;
The world's 40 bitcoin ETFs hold a total of 1,070,594 bitcoins.
Analysis: It is expected that the consolidated loss of virtual banks in Hong Kong will be reduced to HK $2 billion or less in 2024.
5. Economist Tom Porcelli: Even if interest rates are cut by 100 basis points, the Federal Reserve's policy is still tight;
6. VanEck: Bitcoin miners transfer 20% to AI and HPC or can bring $13.90 billion per year;
7. The total holdings on the US Bitcoin ETF chain reached about 926,000 BTC, accounting for 4.69% of the current total supply.