News list for " Weakening"
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.
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."
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...
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...
After the Federal Reserve cut interest rates, U.S. bond yields further weakened, which benefited gold. Gold prices are still rising to expand trading within the wedge. Once the adjustment is completed, it may usher in a new rally.
The Federal Reserve's Kashkari said an unexpected weakening in the labor force would lead to a reconsideration of interest rates; modest rate cuts are expected in the coming quarters.
The index weakened, the growth enterprises market index fell more than 9%, the Shanghai index fell 3.49%, the Shenzhen index fell 6.22%, and the Shanghai, Shenzhen and Beijing three stocks fell nearly 5,300. Among them: The Shanghai Composite Index opened down 62.56 points on October 9 (Wednesday), down 1.79% to 3,427.22 points. The Shenzhen Composite Index opened on October 9 (Wednesday) down 336.11 points, down 2.92%, at 11,158.99 points; The CSI 300 index opened on October 9 (Wednesday) down ...
The Hang Seng Index weakened and turned lower, the Hang Seng Technology Index narrowed to 0.37%, and the SMIC (00981.HK) rose and fell, now up 10.79%.
