Stablecoins could accelerate currency substitution in countries with weak monetary systems, weakening central banks' control over capital flows, the international monetary fund warned on Thursday. The rise of dollar-backed stablecoins and their ease of cross-border use could prompt people and businesses in economically unstable regions to prefer dollar stablecoins over local currencies, the international monetary fund said.
The ADP data is not performing well, and the market is currently pricing the probability of a September interest rate cut to be infinitely close to 100%. Under the resonance of the weak performance of multiple employment data, what kind of answer will the non-agricultural sector deliver tonight?
On February 21st, according to Cointelegraph, Memecoin fraud is eroding community trust, especially the Libra token incident, resulting in a significant decrease in Solana user engagement rate. The number of active addresses on the network fell to an average of 9.50 million per week in February, a decrease of nearly 40% from the 15.60 million active addresses in November 2024. As confidence in Solana wanes, millions of dollars worth of cryptocurrencies are being transferred from Solana to other ...
Bitcoin traders are taking a wait-and-see approach as demand weakens, blockchain activity is lacking and liquidity inflows slow, reflected not only in lower volatility but also in a sharp drop in their holdings. "The market is in a cooling phase right now," said David Gogel, vice-president of strategy and operations at the dYdX Foundation. "Bitcoin has held up, but after failing to break through $105,000 in January, we've seen inflows slow and speculative assets like Meme take a hit."
Analysts said that the dollar's valuation remains high, fundamentals are weak, and it is facing uncertainties in public policy and trade policy. This is by no means a good opportunity to buy the dollar. Click to view...
Class A share reducer plate continued to weaken, giant wheel intelligent before the limit, Siling shares fell nearly 8%, Wuzhou Chinese New Year fell more than 7%, precision forging technology, Landai technology, KONE technology, Shanzi high-tech and other shares fell more than 5%.
On February 13, "Federal Reserve Messenger" Nick Timiraos: Due to the weak performance of the PPI component that makes up the PCE index (financial and medical services sub-item) in January, the monthly rate of the US core PCE index in January is expected to be much lower than yesterday's sharp increase in the monthly rate of CPI. A 0.27% month-on-month increase in the core PCE in January would reduce the annual rate of the core PCE from 2.8% to 2.6%.
The main contract of precious metal futures was weak and volatile, with Shanghai silver falling by 0.98% and now reporting 7953 yuan/kg; Shanghai gold fell by 0.45% and now reporting 681.48 yuan/gram.
On February 1st, according to the technology media TechCrunch, in a Reddit AMA Q & A, OpenAI CEO Altman admitted that DeepSeek has weakened OpenAI's lead in the field of AI. He said: "We are on the wrong side of history when it comes to open source. I think we need to figure out a different open source strategy, not everyone at OpenAI agrees with that, and it is not our top priority at the moment. We will produce better models, but the lead will not be as large as before."
According to the survey, investors believe that Deepseek will find it difficult to further weaken the "Big Seven" of US stocks, and most respondents still maintain their exposure to the S & P 500 index. Click to view...