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?
Detailing the fundamentals of the crude oil market, the real reason for the disconnect between oil prices and inventory data is that non-agricultural precious metal prices continue to fluctuate, and the golden week has suffered three sell-offs.
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...
On October 14th, the reporter learned from the industry that in order to further clarify the market positioning standards of the Beijing Stock Exchange and guide and standardize the listing declaration behavior, the Beijing Stock Exchange has recently made guidance in the industry on how to carry out the information disclosure and demonstration of the innovative characteristics of enterprises to be listed, requiring sponsors to conduct full prudential verification and express clear opinions.
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...
The EtherVista project publicly explains how its VISTA token works. The token is designed as a value-compounded deflationary currency, with a core feature of continuous automatic repurchase and destruction. The EtherVista system automatically purchases and destroys VISTA tokens on an ongoing basis, each operation increasing the bottom line of the token's price. According to official data, 2.17% of the total token supply has been permanently repurchased and destroyed.
According to the official announcement, due to the XPLA network upgrade, Bithumb will suspend its recharge and withdrawal services at 11:00 on August 27, 2024.