News list for " economics"
At the World Economic Forum in Davos, Switzerland, Trump blasted European Union regulators for targeting Apple (AAPL. O), Google (GOOG. O) and Meta (META. O), calling the European Union's charges against U.S. companies "a form of taxation." The European Union's strict regulation of big tech companies is known around the world, often sparring with major social media platforms such as Facebook and X over content moderation and clashing with companies such as Apple and Google over antitrust issues....
The latest survey by foreign media shows that economists expect higher inflation and GDP growth in the United States. Click to view...
On January 22, according to a report by Zhitong Financial Network, Ye Zhiheng, executive director of the intermediary department of the Hong Kong Securities Supervision Commission, revealed that the new license of the virtual asset trading platform will be approved in the near future, and it is expected that there will be good news in Quarter 1 in 2025. It is reported that the regulator has completed on-site inspections of all applicants, and there are currently 11 platforms in the application l...
Plume Network announced the economics of PLUME tokens. The total number of tokens is 10 billion, and the initial circulation is 20%. 59% of the tokens will be distributed to communities, ecosystems and foundations. It is reported that PLUME will be used for gas payments, governance, pledging, community feedback, and providing liquidity.
In an interview at the World Economic Forum's annual meeting in Davos, Switzerland, Circle CEO Jeremy Allaire said that U.S. President Donald Trump may soon sign an executive order to make it easier for banks to own digital assets. He expects Trump's order to support cryptocurrencies to be issued soon, but did not specify when. Allaire is particularly concerned about the SEC...
Gary Smith, professor of economics at Pomona College, and Jeffrey Funk, winner of the NTT DoCoMo Prize in Mobile Science, wrote that Trump's embrace of Bitcoin, or the largest "pull-up-and-sell" in history, would certainly push up the price of Bitcoin if the US federal government spent trillions of dollars buying it. But how can the US government pay off the national debt by buying Bitcoin at an overvalued price? Perhaps Trump envisions a "pull-up-and-sell". In "pull-up-and-sell"...
"Following the stronger-than-expected jobs report, we revised our outlook for the Fed: we no longer expect any further rate cuts, inflation is above target, risks are skewed to the upside, economic activity is strong and the labor market appears to have stabilized," Bank of America economist Stephen Juneau said in a note on Monday. As recently as September last year, Fed officials hinted that they could cut interest rates by one percentage point this year. They halved that expectation at their D...
Zach Pandl, head of research at Grayscale, said the price outlook remained "structurally bullish" despite temporary headwinds in macroeconomic data. On January 10, the US jobs report was positive, as the expected pace of interest rate cuts slowed, the dollar rose, and the BTC spot price fell below $93,000. Pandl said: "Bitcoin appears to be subdued by the strength of the dollar, which is rising due to the tougher policy of the Federal Reserve and the threat of tariffs. Today...
Scotiabank economist Derek Holt argues that US President-elect Donald Trump's demand that allies spend 5% of their GDP on defense this month will make the Western Hemisphere less secure, less reliable and more vulnerable. Canada currently spends about 1.25%, or C $40 billion per year. Holt calculates that raising this to 2% of NATO commitments would be equivalent to C $60 billion per year if implemented immediately, even though Canada has committed to 2...
Tony Stillo, director of the Canadian economy at Oxford Economics, said the Conservative Party's agenda could have a major impact on Canada's economic prospects in 2025 and beyond, and if Canadians vote to remove the incumbent Liberal Party, the details will be the devil. Canadian Prime Minister Trudeau has decided to resign and asked Governor-General Mary Simmons to adjourn the meeting so that the Liberal Party can choose a new leader. Stillo said Canada could hold a...
Capital Economics said that the price-to-earnings ratio of US stocks is still well below its peak compared with the period of the dotcom bubble.
Sonic SVM has announced its native token, SONIC Token Economics. SONIC will serve as the native token of Sonic SVM and Multi-SVM ecology to drive long-term growth and development. The total supply is 2.40 billion, of which 57% is allocated to the community, including community and ecological development (30%), initial claim (7%) and HyperGrid reward (20%). TGE is scheduled for January 7, 2025, and the initial circulation accounts for 15% of the total. The eligibility check tool of the initial cl...
Economist and gold advocate Peter Schiff wrote on the X platform that Trump has recently expressed interest in buying Greenland, and has also hinted at the possible repossession of the Panama Canal. These may be Trump's negotiating tactics to buy it back at a good price, but if these ideas sound crazy, they are far less crazy than the United States buying bitcoin.
Pump Science posted on the X platform that the token economics design has been completed, including: 5% of the token supply issued in the future will be allocated to previous token holders (at the time of migration); more PS tokens (RIF, URO) will be held now, and new tokens will be available later; as long as new products are launched, this situation will continue (forever). In addition, Pump Science said that the BIO Protocol will airdrop BIOs to holders of UROs and RIFs, pending governance ap...
According to Binance's official announcement, Bio Protocol announced its token economics: the total supply of BIO tokens is 3.32 billion, and the initial circulation is about 1.30 billion, accounting for 39.05%. The Binance Launchpool reward pool allocated 99.6 million BIOs, accounting for 3% of the total creation.
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