On December 20th, the annual change in the composition of the Federal Reserve's FOMC voting committee next year may slightly increase resistance to further interest rate cuts. The incoming voting committee is more hawkish than the outgoing voting committee. "This opens the door to more dissenting votes next year," said Oscar Munoz, an analyst at TD Securities. At the December FOMC meeting, four of the Fed's 19 policymakers wrote predictions that the rate cut was inappropriate, and the Cleveland ...
Ethiopia has increased its power allocation to bitcoin mining to 600 trillion watts, making it one of the fastest growing bitcoin mining markets in the world. According to Ethan Vera, co-founder and CEO of bitcoin mining firm Luxor, the African country plans to add several hundred megawatts of power by the end of this year. Earlier this year, Ethiopia signed power supply agreements with 21 mining companies, mainly from China, demonstrating its success.
Russia plans to raise defense spending to $142 billion in 2025.
Market news: Libya's Agoco oil company increases crude oil production to 232,000 barrels per day.
OpenAI is considering increasing the subscription price to $2,000 per month. (The Information)
On July 16th, according to TRONSCAN data, the issuance of TRC20-USDT has increased to 60.80 billion, breaking through the 60 billion mark for the first time in history. As of now, the number of TRC20-USDT accounts has reached 47.30 million, and the cumulative number of transfers has exceeded 1.85 billion. In addition, Tron TRON founder Sun Yuchen recently revealed on social media that TRON will launch a gas-free stablecoin transfer service in the fourth quarter of this year.