News list for " wee"
This week, multiple risk events have hit, and the strong dollar market has been reversed. Will the Federal Reserve set another fire? The short-term risks of the United States and Japan are biased to the downside, and the strategy recommends...
According to SoSoValue data, last week's trading day (January 21 to January 24 EST) Ethereum spot ETF had a net inflow of $139 million in a single week last week. The Ethereum spot ETF with the largest net inflow in a single week last week was BlackRock Ethereum ETFETHA. The weekly net inflow was $135 million. The current total net inflow of ETHA in history reached $3.97 billion. Followed by Fidelity (Fidelity) Ethereum ETFFETH, the weekly net inflow of $19.63 million, the current total net infl...
On January 27th, Paolo Ardoino, CEO of Tether, tweeted that millions of GPUs will no longer be needed to train powerful models in the future. This pure reliance on brute-force computing is inefficient and inelegant. Better models will significantly reduce training costs, while access to data remains key. Inference will shift to local or edge end, avoiding wasting hundreds of billions of dollars on pure computing power.
Crypto analyst Ali posted on social media that Bitcoin (BTC) broke through the head and shoulders pattern resistance level, suggesting that its potential upside target price could reach $122,000.
On January 27th, Binance founder CZ tweeted that there may be many "opportunities" or "quick returns" in hot markets, but the best strategy is to stick to the fundamentals. He also admitted that he does not do technical analysis and believes it is important to understand what he "does not know". At the same time, he revealed that his first bitcoin purchase was in early 2014, when the price was around $600, but then fell to $200 and held for about 8 months.
On January 27th, Vitalik.eth tweeted that the elimination of trust settings for Groth16 algorithm should be accelerated, arguing that the separate trust settings for each application are out of date in the 2020s, and at least universal settings should be adopted, ideally no settings are required. He stressed that this requires significant improvements in infrastructure building and standardization of the new SNARK algorithm, while citing Alin Tomescu that trust settings for Groth16 are very cumb...
According to CME "Fed Watch", the probability that the Fed will keep interest rates unchanged this week is 99.5%, and the probability of a 25 basis point cut is 0.5%. The probability of maintaining current interest rates unchanged in March is 71.6%, the probability of a cumulative 25 basis point cut is 28.2%, and the probability of a cumulative 50 basis point cut is 0.1%.
On January 27, the White House stated that the ceasefire agreement between Lebanon and Israel will remain in effect until February 18, 2025. The governments of Lebanon, Israel, and the United States will also negotiate the return of Lebanese prisoners captured after October 7, 2023.
"Don't stop thinking about tomorrow," said Michael Saylor, founder of MicroStrategy, who posted about SaylorTracker for the 12th week running. According to the SaylorTracker website, the blue line in the tracking chart represents the price trend of Bitcoin, and the green dot marks the increase in holdings. Historical data shows that MicroStrategy usually increases its holdings of Bitcoin the day after Saylor publishes relevant information.
Zach Rynes, a well-known Chainlink community contributor, wrote on X: "It is highly unlikely that the US government will use one blockchain uniformly to cover all departments and agencies. Do you think the ledger requirements of EPA and FDA are exactly the same as those of DoD and DHS? Probably not. The US government will eventually use multiple private and public ledgers for a variety of different purposes...
On January 25th, according to the latest data from Coinglass, 4954.64 bitcoins have flowed out of the Bitfinex exchange wallet in the past week, 1589.95 bitcoins have flowed out of the Coinbase Pro wallet in the past 7 days, and 1033.94 bitcoins have flowed into the OKX wallet in the past 7 days.
The total number of oil rigs in the United States in the week to January 24 was 472, compared with 478 previously.
Matt Hougan, chief investment officer of Bitwise, said in a post that fraud and bad actors in the crypto industry will decrease significantly in the next four years as David Sacks, the AI and cryptocurrency "czar" appointed by Trump, pushes forward with sound regulatory policies. Hougan believes that the previous law enforcement-oriented regulatory approach has instead increased investor risk. Previously, Sacks said that the Digital Asset Working Group will work to develop market structure norms...
Earlier this week, Securities Exchange Commission Commissioner Hester Peirce was appointed to lead the agency's newly announced cryptocurrency task force. However, investment bank TD Cowen said her term will end in June, raising concerns about the progress of the cryptocurrency task force. Securities and Exchange Commission commissioners can serve an additional 18 months after their term expires. A report from TD Cowen's Washington research group (led by Jaret Seiberg) on Thursday...
U.S. EIA crude oil inventories for the week to January 17 - 1.017 million barrels, expectations - 1.645 million barrels, previous values - 1.962 million barrels.
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