Coinbase suggests Federal Reserve to offer interest on payment accounts and adjust regulations

OKX-ETH/USDT is currently trading at $1903.82, with a 5-minute increase of 0.65%. Please be aware of market fluctuations.

The three major US stock indices rose in the short term, with the Dow Jones up 1.00%, the S&P 500 up 0.20%, and the Nasdaq Composite down 0.32%.

According to Onchain Lens monitoring, Bitwise BHYP Hyperliquid ETF transferred 39300 HYPEs worth approximately $2.13 million to Coinbase. The Bitwise BHYP Hyperliquid ETF has transferred a total of 280700 HYPEs worth approximately $17.35 million to Coinbase over the past few weeks. The Bitwise BHYP Hyperliquid ETF currently holds 354000 HYPEs worth approximately $19.25 million, with an additional $34.62 million worth of HYPEs pledged in Hyperliquid.

According to TD Securities, if the Federal Reserve holds interest rates unchanged on Wednesday, the US dollar will experience short-term weakness. TD Securities expects interest rates to remain unchanged, but the Federal Reserve's Hammack and Logan will oppose and support a rate hike. TD Securities expects Federal Reserve Chairman Kevin Walsh to provide little forward guidance and instead reaffirm his commitment to price stability, pointing out a recent decline in inflation data while implying that inflation remains high.

According to Lookonchain monitoring, a certain whale sold 5000 ETH worth 9.38 million US dollars one hour ago after holding ETH for more than 2 years. The whale bought a total of 9891 ETH worth $31.84 million at an average price of $3219 over 2 years ago, and is currently losing $13.28 million.