News list for " drastic"
Musk said on social media that the Department of Government Effectiveness (DOGE) will significantly increase government efficiency, save taxes and end rampant inflation.
Matrixport published a daily chart saying that Ethereum, like Bitcoin, tends to lose momentum when the price rises sharply, especially when the price rises by more than 60% in 30 days. From historical data, this is usually a good opportunity to profit. The price has now pulled back to the same position as a month ago, which could mean that a re-entry opportunity is brewing, especially if the cryptocurrency bull market is expected to continue into 2025...
BTIG is optimistic about MicroStrategy's bitcoin purchase plan, significantly raising its target price to $570.
Investors had expected the markets to wobble after the Federal Reserve slashed interest rates, but what they saw was a calm market. However, that calm could quickly dissipate. "I don't think this calm will last long," said Brian Jacobsen, chief economist at Annex Wealth Management, noting that a reversal in the stock market that night could indicate that stocks are expected to be weak, "unless we get some data that gives a clear sense of direction." Mr. Jacobsen said the market would be watching...
On September 11, ListaDAO made a significant adjustment to its borrowing rate, which has now been reduced to as low as 4% (USDT). Among them: T1 Collateral: BNB, ETH, BTCB reduced from 9.5% to 6% T2 collateral: slisBNB, wBETH reduced from 11% to 7% T3 Collateral: Innovation Zone assets (weETH, ezETH, BBTC, solvBTC, Stone) reduced from 12.5% to 7.5% In addition, according to Lista's social media post, borrowing lisUSD this week will double the release of Lista tokens (converted to an estimated AP...
1. Federal Reserve Governor Waller: Open to deeper interest rate cuts. 2. Shanghai Securities Report: The signal conveyed by "24 Renewal of Special Treasury Bonds 01" needs to be taken seriously. 3. The proportion of debt-based individual investors exceeds 30%, reaching a new high in nearly eight years. 4. Five indices including the CSI 7-20 Year Treasury Bond and Policy Financial Bond Index will be officially released on September 9. 5. Informed Person: Sino-Ocean Group responded to the improve...
On September 6, Federal Reserve Governor Paul Waller said on Friday that the "time has come" to start a series of interest rate cuts this month, adding that he was open to the size and speed of rate cuts. "If the data supports consecutive rate cuts, then I think consecutive rate cuts are appropriate. If the data shows the need for larger rate cuts, then I will also support them." Federal Reserve Chairperson Jerome Powell said at the annual meeting of global central banks two weeks ago that the "...
Federal Reserve Goolsby: (When asked about deeper rate cuts) Pay attention to the dot plot, which doesn't show inflation falling so fast or unemployment rising so high.
According to Tokenterterminal monitoring, Ethereum L2 transaction fees have dropped sharply in the past six months, and L2's daily transaction volume and monthly active users have doubled. But the "damage" caused Ethereum L1 revenue to drop by 99%.
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