10:39 2025-04-03
JP Morgan: Bitcoin's "digital gold" narrative under pressureAnalysts at JPMorgan said bitcoin's positioning as "digital gold" was under pressure, while demand for gold continued to be strong. "Bitcoin's volatility and correlation with equities raise questions about its claim to'digital gold '." "Looking ahead, we believe gold will continue to rise as a major beneficiary of depreciation trades."
Depreciation trading is a type of investment that focuses on buying assets such as gold and bitcoin as a hedge against inflation, long-term debt, and the deprecia...
10:33 2025-04-03
ETH falls below $1,800The market shows that ETH has fallen below $1,800 and is now quoted at $1,799.41, a 24-hour decline of 4.42%. The market is volatile, so please do a good job in risk control.
10:24 2025-04-03
OP falls below $0.7The market shows that OP fell below $0.7 and is now quoted at $0.69, a 24-hour decline of 6.76%. The market is volatile, so please do a good job in risk control.
10:21 2025-04-03
Justin Sun: Has met with Congressman Wu Jiezhuang and submitted materials related to the FDT case to regulatorsJustin Sun said in a post on the X platform, I met with the Hong Kong Legislative Council Member Wu Jiezhuang and reported the misappropriation of nearly five hundred million US dollars of customer reserve funds of First Digital Trust (FDT), and submitted relevant materials to regulators and judicial authorities. We are fully confident that the funds will be recovered and the relevant funds theft personnel will be prosecuted.
10:15 2025-04-03
Babylon Airdrop inquiry page is now onlineThe Babylon Airdrop Inquiry page is now live, and Babylon will airdrop 600 million BABY to early adopters, representing 6% of the total supply, to be distributed to Phase 1 Pledgers, Finality Providers, Pioneer Pass holders, and GitHub contributors.
09:57 2025-04-03
Opinion: The divergence between Tether and Circle profit models has intensifiedOn April 3, according to OKG Research analysis, Tether's net profit in 2024 reached 13 billion US dollars, of which only 54% came from US bond interest, nearly 5 billion US dollars came from the unrealized floating profit of BTC and gold, and BTC held more than 100,000 pieces, showing a high volatility income structure. Circle disclosed in its IPO prospectus that its revenue in 2024 reached 1.676 billion US dollars, 95% -99% came from interest income, and service income accounted for only 0.9%. ...
09:48 2025-04-03
Brazil's largest bank, Itau Unibanco, plans to launch a stablecoinBrazil's largest bank, Itau Unibanco, plans to launch its own stablecoin. The bank has more than 55 million clients, and its head of digital assets, Guto Antunes, said interest in stablecoins has grown significantly as the U.S. government shifts its stance on cryptocurrencies. Antunes highlighted the advantages of blockchain technology in atomic transactions and hinted at the possible launch of a stablecoin pegged to the Brazilian real.
At present, Itau is studying the relevant experience of oth...
09:27 2025-04-03
The US House Financial Services Committee has passed an anti-CBDC billThe U.S. House Financial Services Committee on Wednesday passed the Anti-CBDC Surveillance State Act (H.R. 1919) by 27 votes to 22. The bill, introduced by Republican House Majority Whip Tom Eimer, seeks to prevent central bank digital currencies from being used for monetary policy and to prohibit the Federal Reserve from providing financial services directly to individuals. Eimer said the bill ensures that U.S. digital currency policy is in the hands of the American people, not the executive. T...