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.
Binance founder Zhao Changpeng wrote on the X platform that what is good for Meme is also good for Bitcoin.
Andrew Baehr, a former Risk Premium Investments partner, said that the favorable crypto regulatory outlook will be the main driver of cryptocurrency market price movements in 2025. The token XRP, which has been the focus of Securities Exchange Commission litigation in recent years, rose sharply after Trump's victory and rose again after Securities Exchange Commission Chairperson Gensler announced that he would resign after Trump took office. In addition, Andrew Baehr also pointed out that the ma...
The securities arm of Wells Fargo believes that favorable macroeconomics and accommodative monetary policy will continue to propel the U.S. stock market, which has performed well in 2023 and 2024. Christopher Harvey, head of equity strategy at Wells Fargo, wrote in a note to clients on Dec. 3 that the S & P 500 would stand at 7,007 by the end of December. At Wednesday's close of 6,086, the gain would be 15 percent. The benchmark, which climbed 24 percent in 2023, is up 28 percent this year, the ...
On November 19, the National Development and Reform Commission held a press conference in November on the morning of November 19. Li Chao, deputy director of the Policy Research Office of the National Development and Reform Commission and spokesperson of the Commission, said that looking forward to 2025, there are still many favorable conditions and supporting factors for our country's economic development. From the perspective of development momentum, further deepening reform and opening up in ...
1. Wedbush: Trump's election will be detrimental to electric car manufacturers other than Tesla. 2. Li Auto statement: No domestic and foreign sales agents or authorized dealers have been established. 3. It is reported that the adjustment of Xiaomi's production line has come to an end, and the monthly output is expected to reach 24,000 units by the end of the year. 4. Xiaomi Lei Jun: Xiaomi's internal advanced driving course will be launched to car owners. 5. BYD launched the 2024 employee stock...
Mr. Williams said the Fed was now "well placed" to engineer a soft landing for the US economy, while suggesting it supported a slower pace of rate cuts after a steep 50 basis point cut in September. Mr. Williams said the "very good" jobs report for September confirmed that the economy remained strong and healthy. The 50 basis point cut "was the right thing to do in September and it is the right thing to do today...
The improvement in oil well drilling data has offset some of the favorable factors for the rebound in oil prices; oil prices will also be affected by the Federal Reserve's interest rate cut. If the interest rate is cut by 25 basis points, oil prices will...
Due to the unfavorable PMI report, global stock markets fell, and the XRP price fell below a key support level on September 6. Meanwhile, Ripple Chairperson Chris Larsen and 87 other businesspeople supported Vice President Kamala Harris for the presidency, a move that confused most users as the Biden-Harris administration has been hostile to cryptocurrencies through the Securities Exchange Commission (SEC). The analysis believes that these have made the overall trend of XRP price bearish, and th...
The open web (TON) ecosystem has suffered a series of setbacks over the past week due to a series of bad news. The upheaval began with the arrest of Telegram founder Pavel Durov, followed by two major disruptions to the blockchain network, causing block production to come to a standstill. And, from June 23, 2024 to August 30, 2024, the total market capitalization of TON's top ten tokens shrank from $20.51 billion to $15.38 billion. During this period, Toncoin (TON) was valued at about $18.71 bil...
Jin Ten Futures, July 22, due to the slow decline in ocean water temperature in the El Niño region, the National Oceanic and Atmospheric Administration (NOAA) forecasts that the arrival time of the global La Niña phenomenon in 2024 will be delayed, from July in the spring forecast to the latest September-November, and continue to the winter in the entire northern hemisphere. Yang Jing, an agricultural analyst at Hongye Futures, said that the short-term and medium-term weather is still conduciv...
Bitwise CIO Matt Hougan said that all the selling headwinds at the moment are one-off sales, creating a short-term liquidity shock, while the seasonal period when cryptocurrencies are typically less liquid is coming to an end. In contrast, spot bitcoin ETF inflows, bitcoin halving, a shift in political attitude towards spot ethereum ETFs, and the prospect of a Federal Reserve rate cut have all created a better long-term environment for cryptocurrencies. Coupled with the strong growth of the stab...
The European Central Bank meeting notes that unfavorable data for a single month should not be overreacted.