On January 13, Wang Lingjun, deputy director of the General Administration of Customs, said at a press conference that no matter from the perspective of comparative advantage or global market demand, there is no so-called "China's overcapacity" problem, which is purely a false proposition. Made in China is widely popular in the global market, relying on a complete and continuous iterative upgrade of the industrial system, relying on continuous R & D investment and innovation. We have ensured the...
On November 26th, Foreign Ministry Spokesperson Mao Ning chaired a regular press conference. Bloomberg reporter asked that the European Union proposed to impose sanctions on several Chinese companies, claiming that these companies helped Russian companies develop attack drones for use in Ukraine. What is China's comment on this? Mao Ning said that China always opposes unilateral sanctions that have no basis in international law and are not authorized by the UN Security Council. On the Ukraine is...
So-called "small shrimp", or retail investors, have sold about 75,000 bitcoins ($7 billion) in the past 30 days, according to Glassnode, the largest sell-off by this group since bitcoin topped $73,000 in March. As for which groups are buying, according to Glassnode, large bitcoin holders (known as "sharks") who hold between 100 and 1,000 BTC have amassed more than 140,000 BTC.
SEC Chairperson Gensler: Cryptocurrency "so-called" exchanges must follow the rules.
SEC Chairperson Gensler: Cryptocurrency "so-called" exchanges must follow the rules.
The market may be unwinding the so-called "Trump deal" and moving towards the "Harris deal". A picture to understand > >
Venezuelan President Nicolas Maduro has discussed the future development of the national cryptocurrency system following the so-called PDVSA-Crypto program, which resulted in the loss of $20 billion in unaccounted oil sales paid for through cryptocurrencies. Maduro said the country needs to get back on the path of cryptocurrencies, but did not mention whether he would restart the national cryptocurrency asset, the Petro. Venezuela is not...
Credbull launched what it called the "first permissioned on-chain private credit fund" on the Polygon PoS blockchain in April and announced a $5.20 million funding round led by GnosisVC, with strategic participation from Outlier Ventures, HODL Ventures, XBTO, LucidBlue Ventures, CryptoHedge, Marcello Mari (SingularityDAO) and others. According to the team, "Credbull aims to democratize private credit RWA investing by connecting traditional finance with Web3."
On August 20th, the so-called election expiration options will expire and settle four days after the election on November 4th. These options started trading on Deribit a month ago. As of now, according to data source Amberdata, the notional value of unpositioned squaring contracts or the dollar value of active options contracts is $345.83 million. Call options account for 67% of the total number of unpositioned squaring contracts, and these options offer unlimited upside return potential...
Interest rate strategists at Barclays have come up with new ideas for the so-called "Trump trade" and also introduced a possible "Harris trade". Research published Tuesday by Amrut Nashikkar and Maria Chiara Russo shows that interest rate volatility typically rises in the three months after a challenger wins the presidential election. However, interest rate volatility falls when the White House remains in the hands of the incumbent president's party. So far, Wall Street...
On July 16th, according to Cointelegraph, the top 100 so-called "dirtiest Bitcoin addresses" currently hold more than $88 million worth of BTC. These wallets are classified as addresses containing "very small amounts" of BTC, also known as dust addresses. Since January 2023, these addresses have accumulated more than 530 BTC. According to data from BitInfoCharts, these places...
Ministry of Foreign Affairs: The so-called "Act to Promote the Settlement of Tibetan-Chinese Disputes" violates the consistent position and commitment of the US government, violates the basic norms of international relations, grossly interferes in China's internal affairs, seriously damages China's interests, and sends a serious wrong signal to the "Tibetan independence" forces. China firmly opposes this and has lodged stern representations with the US.