Barron's reports that the Federal Reserve has signaled that it is in no hurry to cut interest rates further as inflation continues to rise. Investors will look to the Fed's meeting notes for clues as to how long interest rates can remain at current levels. President Trump's new fiscal policies, namely deregulation, tax cuts, and potential stimulus measures, could boost economic growth, further reducing the need for continued rate cuts. In addition, tariffs and immigration policies could both exa...
The market shows that SOL has exceeded $170, and it is now reported at $170.1. The 24-hour increase has reached 2.38%. The market fluctuates greatly. Please do a good job in risk control.
Hong Kong's financial secretary, Paul Chan, said in a keynote speech at the Consensus HongKong 2025 conference that the city "will maintain a stable, open and vibrant digital asset market," Cointelegraph reported.
According to a report by Matrixport analyst Markus Thielen, despite recent Bitcoin and Ethereum clearing volumes reaching highs of $600 million, the market has shown clear resilience and prices can still stabilize at the bottom. This is in sharp contrast to the sharp fluctuations caused by clearing during the bull market of 2020/2021. The report points out that the current overall market leverage level is low, traders are more cautious in their stop-loss strategies, and market confidence is stre...
Live report, on February 19, at the conference of Consensus HK, Lily Liu, chairperson of Solana Foundation, said: PayFi's original vision was a peer-to-peer electronic cash payment system, but now it has been synonymous with transactions, that is, exchanging one token for another. The original vision of PayFi is to pay in economic behavior, that is, exchanging tokens for services. The current failure to truly realize this vision may be due to the lack of reform and infrastructure improvement. It...
According to Cointelegraph, Hong Kong Financial Secretary Paul Chan said in a keynote speech at the "Consensus Hong Kong 2025" conference that with the continued development of the Web3 ecosystem, Hong Kong will maintain a stable, open and vibrant digital asset market. Chan Maobo pointed out that Hong Kong is investing heavily in related infrastructure and talent training. At present, the Hong Kong Cyberport has gathered more than 270 blockchain enterprises, and more than 120 new ones have been ...
The market shows that AAVE has broken through $250 and is now quoted at $250.06, with a 24-hour decline of 1.56%. The market is volatile, so please do a good job in risk control.
According to NOW Financial reports, the Hong Kong Securities Supervision Commission will announce the virtual asset development roadmap this afternoon. Ye Zhiheng, executive director of the intermediary department of the Securities Supervision Commission, said at the Consensus Forum that it is not difficult to formulate the roadmap, and the focus is on how to implement the roadmap. He revealed that it is not just one road, but includes 12 initiatives. Ye Zhiheng pointed out that on the route...
On February 19, at a conference at Consensus HK, Fiona Muray, general manager of Asia Pacific for Ripple, said that globally, more than 50% of Ripple's trading volume currently occurs on corporate entities in Singapore, and Ripple has benefited a lot in Asia. But as the United States becomes crypto-friendly, it will become a very large player in the crypto field, a new wave will dawn, competition will become intense, and this pattern will change in the future.
According to Bloomberg, cryptocurrency market maker Wintermute Trading Ltd. is looking to expand its business into the United States, including opening an office in New York and offering new products in the United States. Meanwhile, according to people familiar with the matter, Wintermute recently raised funds in a funding round led by Tencent Holdings Ltd. Neither Tencent nor Wintermute responded to requests for comment on the round.
According to Cointelegraph, Coinbase shareholder Wenduo Guo filed a lawsuit in New Jersey federal court on February 18, accusing the cryptocurrency exchange and its executives of violating securities laws by allegedly withholding information related to bankruptcy risks from investors. The lawsuit alleges that Coinbase and its management did not disclose the risk that user assets could be treated as bankruptcy property, which would make retail users unsecured creditors. The indictment also states...
According to Etoday, South Korea's Supreme Court has ruled that stablecoin TerraUSD and cryptocurrency Luna are not considered financial investment products or securities. The digital assets collapsed in May 2022, losing about $40 billion in value. The latest court decision could affect similar legal disputes in lower courts. In November 2022, a Seoul court rejected a prosecutor's request to seize the assets of Daniel Shin, co-founder of Terraform Labs, the company behind the tokens.
The latest report released by Perryman Group shows that the bitcoin mining industry generates more than $4.10 billion in total output value and 31,000 jobs for the US economy every year. The report states that Texas is the largest beneficiary of bitcoin mining activities, with an annual economic contribution of $1.70 billion and more than 12,200 jobs. Georgia and New York contribute $316.80 million and $225.90 million in annual output, respectively. It is reported that the United States currentl...
According to The Miner Mag, a recent report released by the Perryman Group shows that bitcoin mining has created more than 31,000 jobs for the U.S. economy, generating more than $4.10 billion in total output annually. The U.S. accounts for about 40% of the global bitcoin hash rate. The report highlights that Texas is the biggest beneficiary of bitcoin mining, generating an estimated $1.70 billion in economic activity per year and creating more than 12,200 jobs. Georgia has an average annual gros...
As reported by VNEconomy last month, Vietnam's Ministry of Planning and Investment is seeking comments on the National Assembly's draft resolution on building a regional and international financial center in the country. The draft proposes that cryptoassets and cryptocurrency trading within the financial center will be officially implemented as of July 1, 2026. According to the draft, the regional financial center will be located in Da Nang City, while the international financial center will be ...