On November 4th, a salesperson in Shenzhen Shuibei said that due to the impact of the new policy, the price of gold in various markets has been raised. Now the announced prices are all after-tax prices, mainly because the cost of raw materials includes taxes and fees. "In the future, consumers' enthusiasm for purchasing gold will somewhat decrease. After all, the gap between one purchase and one sale is at least 70 yuan/gram." A gold store salesperson said on November 3 in the "Beijing Shuibei" ...
Vincent Liu, chief investment officer at Kronos Research, said the current market was "cautiously optimistic" amid a mix of macro uncertainty and institutional buying. The Fear and Greed Index is trending towards "greed", and the expectation of whale buying and rate cuts is driving traders to reallocate risk assets. Investors are eyeing US CPI data for July, due on August 12, as a key indicator of the next round of interest rate hikes or cuts. Despite the Federal Reserve leaving interest rates u...
On July 26th, the National Development and Reform Commission issued the "Notice of the National Development and Reform Commission on the Comprehensive Promotion of the Normalization of Real Estate Investment Trust Fund (REITs) Projects in the Infrastructure Field". Industry experts believe that the notice further clarifies the content of the review, optimizes the recommendation procedures, and improves the institutionalization, standardization and standardization level of infrastructure REITs, m...
WSPN, a digital payments company, entered into strategic partnerships with 10 new exchanges in May 2024, including Bitget, BitVenus, ProBit Global, CoinW, Deepcoin, DigiFinex, Koinpark, LBank, WEEX and XT.com. Through this growth, WSPN now has strategic partnerships with 25 exchanges, including 23 centralized exchanges (CEX) and 2 decentralized exchanges (DEX). At the same time, WUSD has been established in Ethereum, Pol...
On May 2nd, Arthur Hayes, co-founder of BitMEX, expressed his optimism about the trend of Bitcoin in his latest blog post entitled "May Peril". Hayes detailed the potential impact of recent changes in US monetary policy on the crypto market. Hayes pointed out that the Federal Reserve decided to reduce the rate of balance sheet shrinkage from $95 billion per month to 60 billion...