Katayama Gaoyue: US Treasury Department's foreign exchange report reaffirms that excessive exchange rate volatility is not advisable
--
Japanese Finance Minister Takayuki Katayama stated that the US Treasury Department's foreign exchange report mentioned the US Japan Joint Statement, which pointed out that excessive exchange rate fluctuations are not advisable.
According to on chain analyst Yu Jin's monitoring, the MakerDAO initial team/investor address sold 1050 MKRs held for 10 years 20 minutes ago, exchanged them for 1.316 million USDC, and transferred them to Kraken. This address received 1050 MKRs in April 2016, and the related MKRs have not been moved except for the MKR token upgrade and migration in 2018.
According to Marcel Thieliant, the head of Asia Pacific at Capital Economics, the Bank of Japan may become more pessimistic about economic activity in Japan and maintain interest rates unchanged at next week's meeting. Marcel Thieliant pointed out that the rise in crude oil prices has dampened the optimistic sentiment of the Bank of Japan, but the Bank of Japan will adhere to the view that inflation risks are biased towards an upward trend. Kaitou Macro predicts that the Bank of Japan will raise its policy interest rate to 1.25% in October.
DraftKings co-founder Matt Kalish posted on X platform questioning the company's $22 billion valuation and financial authenticity, citing the departure of Kalshi's CFO. He also stated that it is unusual for the CFO to give up equity without explanation before the company goes public.
