📢 Gate Square Exclusive: #WXTM Creative Contest# Is Now Live!
Celebrate CandyDrop Round 59 featuring MinoTari (WXTM) — compete for a 70,000 WXTM prize pool!
🎯 About MinoTari (WXTM)
Tari is a Rust-based blockchain protocol centered around digital assets.
It empowers creators to build new types of digital experiences and narratives.
With Tari, digitally scarce assets—like collectibles or in-game items—unlock new business opportunities for creators.
🎨 Event Period:
Aug 7, 2025, 09:00 – Aug 12, 2025, 16:00 (UTC)
📌 How to Participate:
Post original content on Gate Square related to WXTM or its
❗ Today in the USA, the corporate earnings season begins.
Analysts agree on one thing: growth is slowing down.
▪️ FactSet expects that the profit of S&P 500 companies in the second quarter will grow by only 4.8% — this is the weakest pace since the end of 2023.
▪️ LSEG is slightly more optimistic — 5.8% compared to 13.7% in the first quarter.
▪️ UBS has already reduced its profit growth forecast for the entire year of 2025 to 6%, warning of a possible technical recession in the second half of the year.
▪️ JPMorgan is also cautious: inflation and import tariffs may slow down EPS growth, and the index target for the end of the year has been lowered to 6300 points.
▪️ Charles Schwab confirms: inflation and trade risks are pressuring companies' margins.
But there are also bullish forecasts:
▪️ Goldman Sachs raised the target for the S&P 500 to 6500 points, citing strong demand for AI stocks and no signs of recession.
▪️ Sanctuary Wealth expects the index to rise to 7000 (+12% from current levels).
▪️ Deutsche Bank sees the same range — 6800–7000.
What does this mean for the crypto market?
If the reports are disappointing, capital may start flowing into crypto as an alternative asset.
If the reports are strong, crypto will still gain momentum - as part of the overall rally.