On January 24th, the exchange rate of the RMB against the US dollar rose sharply, recovering the 7.24 yuan mark during the session. "The sharp rise of the RMB exchange rate is mainly affected by the news." Pang Ming, a special senior researcher at the National Financial and Development Laboratory, said that the market generally hopes that the uncertainty of the external environment will be reduced, which makes the RMB exchange rate supported in sentiment and fundamentals. The key to stabilizing ...
On January 24th, according to official news, OKX has now fully upgraded the combined margin account model, combining the same perpetual contract, delivery contract, option and spot of the USDT standard, USD standard and USDC standard into the same risk unit, aiming to achieve cross-standard hedging, effectively reduce the margin required by users, and improve the utilization rate of funds. In addition, this upgrade also introduces a more scientific dynamic adjustment mechanism, reducing MR1, 6, ...
The unstoppable dollar is forcing Asian countries to increase their foreign exchange defenses. Click to view...
Oil prices have fallen for five days in a row, and the benefits of sanctions seem to have completely dissipated? However, investment banks still raised their expectations for oil prices in 2025, which will eliminate the global supply glut.
On January 23rd, the decentralized stablecoin protocol Frax Finance community launched a new proposal to authorize an initial investment of $5 million in the Trump family crypto project World Liberty Financial (WLFI), positioning FRAX as part of the WLFI ecosystem, plus subsequent investments of up to $10 million.
On January 22, according to DeFiLlama data, the market value of stablecoins on the Solana chain has surged by 69.36% in the past 7 days, breaking through 10 billion US dollars and reaching 10.183 billion US dollars, of which USDC accounts for more than 80%.
On January 22, according to DefiLlama data, the market value of Solana stablecoin on the chain exceeded 10 billion US dollars, reaching 10.183 billion US dollars, a record high, and an increase of 69.36% in the past 7 days.
On January 22, according to DefiLlama data, the market value of Solana stablecoin on the chain exceeded 10 billion US dollars, reaching 10.183 billion US dollars, a record high, and an increase of 69.36% in the past 7 days.
According to SolanaFloor, the market value of Solana ecological stablecoin broke through the $10 billion mark for the first time, rising 69% in the past 7 days.
Matrixport released today's chart report that recently, the funding rate of perpetual contracts has fallen significantly, in sharp contrast to the high of last November (when the funding rate was too high). Historically, this high level often means that the market peaked in the short term, and then the market needs time to correct. Usually, this correction phase is accompanied by a decline in funding rates and high leverage...
On January 22nd, according to the official news, OKX has now launched the SOLV airdrop activity. From 15:00 on January 21, 2025 to 15:00 on April 21, 2025 (UTC + 8), users can get the corresponding SOLV airdrop incentive by pledging BTC, with a total prize pool of 33,600,000 SOLV. It is reported that Solv Protocol is a bitcoin staking platform that abstracts the complexity of bitcoin staking through the staking abstraction layer (SAL). It also provides a universal bitcoin token (SolvBTC) that ca...
Circle CEO Jeremy Allaire said stablecoin regulation is a top priority and expects to see an executive order on cryptocurrencies soon. He also said that Mark Uyeda's selection as acting SEC chair is a very good choice.
Chris Burniske, a partner at Placeholder, said in a post on X that individual and institutional investors are re-entering the cryptocurrency space, as evidenced by the adoption of stablecoins, the realization of bitcoin value, and the capital formation of meme coins, but it is still in its early stages. He pointed out that while many industry veterans are exhausted by the social dynamics of social media, it is still recommended to stay committed to your ideals and help those who are passionate a...
On January 21, Vice Minister of Commerce and Deputy Representative for International Trade Negotiations Ling Zhi presided over a roundtable meeting of European enterprises to listen to suggestions on the issues of European enterprises in China. Representatives from the Ministry of Finance, the State Food and Drug Administration and other departments attended the meeting. Ling Zhi said that China-EU economic and trade cooperation has a solid foundation, with deep integration of production and sup...
Class A shared copper cable high-speed connection concept concussion pulled up, Bochuang Technology rose more than 10%, Zhaolong Interconnect, Wall Nuclear Materials, Xinke Materials, Tai Chenguang, Lou Xiao Technology and so on.