News list for " information office"
On January 14, the State Council Information Office will hold a press conference at 10 am on Friday, January 17, 2025, inviting Kang Yi, Director of the National Bureau of Statistics, to introduce the operation of the national economy in 2024 and answer reporters' questions.
On January 10, the State Council Information Office will hold a series of press conferences on "China's high-quality economic development achievements" at 3 pm on January 14, 2025 (Tuesday). Xuan Changneng, Vice Governor of the People's Bank of China, and Li Bin, Deputy Director of the State Administration of Foreign Exchange, will introduce financial support for high-quality economic development and answer reporters' questions.
Goldman Sachs private wealth chief information officer: "We do not recommend investing in cryptocurrencies as an asset class."
Matt Hougan, chief information officer at Bitwise, said: "I think bitcoin is still in its early stages. I think bitcoin will remain a challenger asset until it reaches the same size as the gold market. It's still maturing."
Rick Rieder, BlackRock's chief information officer, said he still expected the FOMC to cut rates by 25 basis points in December. Rieder said the current target range for the federal funds rate of 4.5% to 4.75% is restrictive. After the December rate cut, the Federal Reserve is expected to pause interest rate cuts, and the FOMC will evaluate the number and speed of rate cuts. By 2025, the Fed is expected to cut rates at least twice, although Rieder did not give a specific time.
Ari Paul, founder and CIO of digital asset investment firm BlockTower, posted on social media that he is currently in the early part of the overall bull market (i.e. probably 70% progress, or 66% progress). Recent buyers are preparing for a 6-12 month rally, more institutional than retail speculation. He personally expects the market to produce a fairly gradual rally at this stage, which could see 90,000 USD or even 125,000...
Minister of Finance Lan Fo'an introduced at the live broadcast of the State Information Office press conference: Since the beginning of this year, the central government has issued an employment subsidy fund of 66.70 billion yuan to support local governments to do a good job in the employment of key groups such as college graduates and class skills training. (Jin Ten)
Matt Hougan, the CIO of crypto asset manager Bitwise, said the US election results, the economy and the lack of major surprises in the crypto industry were the three main factors affecting the likelihood of Bitcoin "rising" to $80,000 this quarter. By the end of 2023, Bitwise forecasts that the price of bitcoin will double from $42,400 at the time to more than $80,000 by the end of this year, and points to the approval of a U.S. spot bitcoin exchange-traded fund and the fourth bitcoin halving ev...
On October 6, the State Council Information Office will hold a press conference at 10 am on Tuesday, October 8, 2024, inviting Zheng Zhajie, director of the National Development and Reform Commission, and Liu Sushe, Zhao Chenxin, Li Chunlin, and Zheng Bei, deputy directors of the National Development and Reform Commission, to introduce the "systematic implementation of a package of incremental policies, solidly promote the economic upward structure to improve, and the development trend continues...
Tim Horan, chief information officer for fixed income at Chilton Trust, said strong job creation confirmed the Fed's approach and suggested a soft landing was just around the corner. Horan said that the higher-than-expected 254,000 of new non-farm payrolls in September allowed the Fed to be absolutely pragmatic, and even consider pausing (rate cuts) in November to digest the election results without worrying about falling behind the curve. With the job market performing quite well, the Fed can a...
On September 23, the State Council Information Office is scheduled to hold a press conference at 9 am on Tuesday, September 24, 2024. Pan Gongsheng, Governor of the People's Bank of China, Li Yunze, Director of the State Financial Supervision and Administration, and Wu Qing, Chairperson of the China Securities Regulatory Commission, will introduce the situation of financial support for high-quality economic development and answer reporters' questions.
On September 22nd, Ari Paul, founder and CIO of BlockTower Capital, objected to CryptoQuant CEO Ki Young Ju's affirmative view of CZ, saying that CZ committed the same crimes as SBF. If the federal government wants, he can be imprisoned for life. CZ stole customer deposits and gambled. He has dozens of charges and defrauded the retail industry in dozens of ways.
Matt Hougan, chief information officer at Bitwise, said that ETH now appears to be deserted, but as the year draws to a close, its underperformance in price could be reversed. The report argues that ETH's recent underperformance stems from risks associated with the November US Presidential Election, increased competition from Solana and other blockchains, challenges in token economics, and mixed reactions to the launch of spot exchange-traded funds (ETFs) in the United States. Hougan pointed out...
Cyber Capital founder and CIO Justin Bons said in an X post that Tether is a $118 billion scam; larger than FTX and Bernard Madoff's total scams, no proof of reserves, and never audited; USDT is printing counterfeit money (fraud) was found to have forged documents, concealed identities and lied about reserves.
The Shanghai Municipal Government Information Office held a press briefing to introduce the recently issued "Shanghai High-Quality Action Plan for Promoting the Construction of a Global Financial Technology Center" (hereinafter referred to as the "Action Plan"). He Weili, deputy director of the Science and Technology Supervision Department of the Shanghai Financial Supervisory Authority, said that the Shanghai Financial Supervisory Authority will focus on "three promotions" around the main conte...
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