IMF: Fed Has Room to Gradually Lower Rates, But Should Proceed with Caution

On September 12th, according to Bloomberg, after the success of a Bitcoin ETF, BlackRock is planning to tokenize an Exchange-Traded Fund (ETF).

On September 12th, as monitored by lookonchain, Galaxy Digital is assisting Forward Industries in acquiring SOL with a value of $16.5 billion. In the past 12 hours, Galaxy Digital has withdrawn 1,452,392 SOL from the exchange, which is worth $326 million. On September 8th, Forward Industries, Inc. (Nasdaq: FORD) announced that it has raised $16.5 billion in cash and stablecoin subscription funding through a private investment in public equity (PIPE) transaction. Galaxy Digital, Jump Crypto, and Multicoin Capital took the lead in the investment to launch a Solana-based digital asset treasury strategy.

On September 12th, trader Eugene Ng Ah Sio said on his personal channel, "I have closed this (SOL) long position - a small victory. I will keep the momentum going." On September 8th, Eugene stated that he had re-entered a long position on SOL with support at $200.

On September 12th, based on Coinglass data, in the past 24 hours, the total net inflow of ETH on CEX was 48,300 ETH. The top three CEX inflows are as follows: · Binance, with an inflow of 49,200 ETH; · Bybit, with an inflow of 7,283.40 ETH; · Coinbase Pro, with an inflow of 5,792.19 ETH. In addition, Bitfinex witnessed an outflow of 7,664.57 ETH, ranking first in terms of outflows.

On September 12th, the price of gold has exceeded its inflation-adjusted peak that was set more than 45 years ago. Due to the growing market concerns regarding the outlook of the US economy, gold has maintained its strong bull market trend of the past three years and entered uncharted territory. So far this month, the spot price of gold has increased by approximately 5%, reaching a historical high of $3,674.27 on Tuesday. Since 2025, the price of gold has set more than 30 nominal price records. The latest round of gains has also surpassed the inflation-adjusted peak set on January 21, 1980, when the price of gold reached $850 per ounce. Considering decades of consumer price inflation, this price is equivalent to about $3,590. Although there is more than one method of inflation adjustment, and some calculations would lead to a lower peak value from 1980. However, analysts and investors all agree that gold has now firmly surpassed this level, further strengthening its position as a tim

On September 11th, Pudgy Penguins made an announcement that its mobile game Pudgy Party has officially reached and exceeded 500,000 downloads on both the Apple App Store and the Google Play Store.