News list for " explain"
The Federal Reserve remains cautious internally, and the next presidential candidate calls for a 100-point interest rate cut this year! The Department of Justice urges Powell to fire Cook; the United States and Europe finalize a trade deal, and Trump wants to target key minerals... What major events happened around the world yesterday and this morning?
Beth Hammack, president of the Federal Reserve Bank of Cleveland, explained why she voted no at this week's meeting, saying interest rates should be kept steady until more progress is made in reducing inflation. Hammack said she believed interest rates were near neutral levels that would neither drag down nor stimulate the economy, and suggested they should remain high enough to moderately constrain economic activity "for a period of time." In my estimation, monetary policy is not far from neutr...
Ki Young Ju, founder and CEO of CryptoQuant, recently explained that while the supply of stablecoins continues to grow, the new volume is not enough to create enough buyer liquidity to drive up the price of bitcoin. He pointed out that the current exchange reserve ratio of bitcoin to stablecoins is about 6:1, which means that there are six times as many bitcoins held on exchanges as stablecoins. In September 2021, the stablecoin reserve was worth around $30 billion. Currently, the entire stablec...
The reporter learned that recently, some people reported that some criminals issued false announcements in the name of the Digital Currency Research Institute of the People's Bank of China, claiming that "with the joint approval of the Ministry of Finance and the State Data Administration, the digital RMB platform will issue digital asset dividends for users who have received exclusive withdrawal channels" "will open the second batch of asset registration review and the subscription of green cha...
Coinlist CEO Raghav Gulati explained in a post on X how to launch a "legit token", saying that EigenLayer did not seize the opportunity, but others can learn from it: 1. Communities need to feel like insiders and engage in active insider sales for the best community members, with larger discounts. You can choose 500-2000 people and give them...
Cointelegraph posted on social media that three factors may explain the lack of investor enthusiasm. Despite the data indicating a higher probability of a rate cut, and the market generally believes that the probability of a rate cut of at least 0.25% in September is more than 90%, the price of BTC remains below $60,000. Meanwhile, the Standard & Poor's 500 stock market index is down 0.5% from its all-time high, while gold, the market's preferred store of value, is trading at a record high since...
Notcoin, a simple clicker-style game within messaging app Telegram, has racked up over 25 million players since the start of 2024 and plans to convert the trillions of virtual coins mined so far into a real crypto token on The Open Network. Open Builders
