News list for " resulting in"

Tom Lee: The 10.11 plunge was caused by the automatic liquidation caused by the abnormal decline of USDE on a trading platform

On November 23rd, Tom Lee, in an interview with CNBC, answered the host why the crypto market plummeted on October 11th, saying, "There are a lot of automated processes in the crypto market. Among them, ADL (automatic deleveraging mechanism) is a typical example - when the price of user account assets or collateral falls, the system will initiate forced position squaring like the traditional market margin call. While USDE maintained a $1 price on other trading platforms, the internal price of a ...

clock
2025-11-23 05:53:54
Citi: We believe further tariff escalation will lead to bullish gold prices in 6-12 months

Citi said that we believe a further escalation of tariffs will lead to bullish gold prices rising to $3,000 per ounce in 6-12 months; bullish silver prices rising to $36 per ounce; and bearish copper prices falling to $8,500 per ton in the next three months.

clock
2025-02-03 07:00:07
The floods will cause Thailand's rubber production to drop sharply in December

Gold Ten Futures, December 27th, according to foreign media reports, traders and industry officials said that the world's largest rubber producer - Thailand's rubber production in December is expected to decline sharply, because the monsoon brought heavy rains and its flooding in the south disrupted rubber tapping work. Sukthat Tangviriyakul, deputy director of the Rubber Authority of Thailand (RAOT), said the heavy rains hit 11 provinces in southern Thailand, which is an important rubber growin...

clock
2024-12-27 04:39:17
Musk criticized the US government's backward IT system and suggested blockchain reform to increase transparency

Musk recently criticized the US government's use of outdated computers and software, which makes it impossible for the tax agency (IRS) to pass basic audits and even "difficult to track the whereabouts of taxes." He suggested creating an immutable ledger through blockchain technology to increase transparency and strengthen audit capabilities.

clock
2024-12-09 22:02:29
According to Al Hadath TV, an Israeli airstrike killed a senior Hezbollah official.

According to Al Hadath TV, an Israeli airstrike killed a senior Hezbollah official.

clock
2024-09-20 13:26:29
Block subsidies have become the main source of income for bitcoin miners, accounting for over 98%.

The halving impact led to a decrease in fee income, and block subsidies became the main source of income for bitcoin miners. Of the $25.35 million miners earned per day on September 13, only $398,860 came from transaction fees, or just 1.6% of total revenue. This is a significant change from the previous period, when transaction fees topped out at more than 40% of miners' revenue. Analysts say that with block subsidies halved every four years, transaction fees will only grow in importance in cyb...

clock
2024-09-19 20:29:10
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.