News list for " weaken"
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.
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."
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...
According to Standard Chartered analysis, the weakening of long momentum in the cryptocurrency market and the possibility of a deeper correction reflect growing frustration with the lack of new policy announcements.
QCP Capital pointed out that with the end of the year, the momentum of BTC has weakened significantly, and the upside is limited by selling pressure. Since December 19, the net outflow of spot ETFs is $1.80 billion, and MicroStrategy's BTC purchases have slowed down significantly. Looking forward to 2025, the key catalyst may appear in January, as institutions will readjust their asset allocation. It is expected that the proportion of bitcoin institutions will increase, consolidate market domina...
The hacker Blockchain Bandit stole 51,000 Ethereum mainly by successfully guessing weak private keys. After being dormant for nearly two years, blockchain investigator ZachXBT said in a Telegram post on December 30 that all 51,000 Ethereum were transferred from 10 wallet addresses to the multi-signature address "0xC451D542". The funds were mainly transferred into 5,000 Ether in batches between 8:54 pm UTC and 9:18 pm UTC on December 30. Before that, the stolen funds had been in these 10 countrie...
Black futures continued to weaken in the afternoon, with coke main contracts falling by more than 2%, thread, hot coil, and iron ore main contracts falling by more than 1%, and coking coal main contracts falling by nearly 1%.
Gold's rise has weakened, but bears need to regain this level to regain dominance! Will the dollar peak around the end of the year? The yen is expected to rise in this case next year...
