#kite $KITE Your post must be marked @KITE AI 中文 and include topic tags #KİTE to be eligible. Kite (KITE) is a Layer-1 blockchain focused on the AI agent economy. Its core goal is to become the infrastructure for AI agents to conduct autonomous trading, collaboration, and governance.
Major technological innovations include:
· Proof of AI (PoAI) consensus: A unique consensus mechanism designed to track and reward AI agents for their contributions in data, models, and interactions. · Native payment for AI agents: Aims to enable AI agents to conduct payments and settlements autonomously and at low cost through integrated payment protocols. · High performance and low cost: Design goals include approximately 1 second block time and extremely low transaction fees to support massive microtransactions.
$BTC core Conclusion: Powell has a 70-80% probability of signaling dovish(supporting rate cuts) in his October 15 speech, but likely with cautiously neutral wording to avoid appearing as a full pivot to easing.
Key Factors
Economic Data:
- Cooling labor market: low unemployment but downward revisions to new jobs - Inflation above target: core PCE 2.9%, core CPI 3.1% - Slowing growth: H1 GDP 1.89%, data gaps from government shutdown
Policy Context:
- September 25bp cut;on further cuts this year - Powell views cuts as "defensive," emphasizing data dependence - Political pressure exists but Fed independence must be maintained
Market Expectations:
- 98.3% probability priced in for October cut - Divided views among institutions on future path
Internal Dynamics:
- Doves advocate aggressive cuts for labor market concerns - Hawks warn about inflation risks and anchored expectations
Likely Balancing Act
1. Confirm cutting path but stress data dependence 2. Downplay easing expectations to prevent over-speculation 3. Warn about inflation risks, reaffirm 2% target 4. Address political pressure through data-focused messaging
Market Impact
- In-line: Brief rally in Bitcoin and risk assets - Unexpectedly hawkish: Potential 10-15% correction - Watch for: Remarks on inflation path and employment sustainability