According to PR Newswire, Token Cat Limited (NASDAQ: TC) announced that its board of directors has officially approved a crypto asset investment policy that authorizes the company to allocate a portion of its cash reserves to selected crypto assets under a strict risk management framework. The board has approved an overall allocation limit of up to $1 billion for digital asset planning.
Nine Purple Holdings Limited (NASDAQ: JZXN) today announced that the company's board of directors has officially approved and adopted a crypto asset investment policy. The policy authorizes the company to allocate a portion of its cash reserves to specific crypto assets within a prudent risk management framework. After thorough research and careful evaluation...
On February 24th, Eastern Time, on February 21st, the White House website released the "America First" investment policy memorandum, announcing that it will adjust the US investment policy and focus on further restricting two-way investment with China. This morning (February 24th), the spokesperson of the China Council for the Promotion of International Trade responded to this. The Chinese business community firmly opposes the US's repeated generalization of the concept of national security and ...
On February 22, the spokesperson of the Ministry of Commerce answered a reporter's question on the release of the "America First" investment policy memorandum by the United States: China has noticed the relevant situation. The US approach generalizes the concept of national security and is discriminatory. It is a typical non-market approach, which seriously affects the normal economic and trade cooperation between enterprises of the two countries. China urges the US to abide by international inv...
On December 27th, Doubler, a crypto investment strategy protocol, plans to airdrop tokens to all addresses participating in the Landing Site event. Since the addresses participating in the event are over 90,000, it was decided to use the Meme-based system TWO for fair distribution. The total number of tokens 1 trillion tokens, 500 billion used for the initial liquidity pool, 500 billion used for the airdrop. All addresses participating in the Doubler testnet and landing site activities will be w...
On October 14th, the Doubler Pro version of the liquidity aggregation investment strategy protocol was launched on Berachain v2 bArtio, supporting WBERA, WBTC, and WETH. Previously, Doubler announced the economics of DBR tokens: 10% airdrop to the community, 40% for liquidity rewards.
Scott Helfstein, head of investment strategy at Global X, said the Fed wants to start a rate-cutting cycle without triggering an asset bubble, but a 50 basis point cut could be too aggressive. We have already seen the Fed cut rates by 50 basis points ahead of time, which could be seen as the Fed's concern about a weaker economy. However, strong fundamentals in the coming weeks could calm markets and may keep money out of the market.
Steven Wieting, chief economist, chief investment strategist and interim chief investment officer at Citi Wealth Management, believes the most likely outcome of this week's Fed decision is a 25 basis point cut, but he stressed that no one knows for sure what the Fed will do. He said: "We expect a 25 basis point cut, but if Fed officials want to do it faster, we will also accept 50 basis points, if they want to do it quickly...
Scott Helfstein, head of investment strategy at Global X, said the Fed was likely to take note of continued consumer strength after better-than-expected US retail sales in August. "With CPI inflation at 2.5 per cent, 300 basis points may be too high in real terms, but the Fed does have the freedom to move and can start by 25 basis points or a full 50 basis points," he said. The key, he said, is for the Fed to start cutting interest rates, and the magnitude of the rate cut may have little to do w...
Josh Jamner, an investment strategist at asset manager ClearBridge Investments, said today's CPI report will disappoint the short-term bond market as the market is already bracing for the Fed to cut interest rates by more than 250 basis points by the end of 2025. He said today's less favorable news won't stop the Fed from starting to normalize interest rate policy next week, but it could cause it to reframe the debate. Further signs suggest inflation may be more stubborn than previously thought,...