The Congressional Research Service (CRS) has released a report on Federal Reserve policy issues that addresses cryptocurrency and digital currency topics and outlines a number of policy issues that Congress may want to consider, including: Whether cryptocurrency companies and other non-traditional companies with federal or state banking licenses should be granted direct access to the Federal Reserve's discount window and master account. It is reported that the Federal Reserve has previously refu...
The main contracts of oil and fat futures rose collectively, among which rapeseed meal rose by more than 4%, bean two and soybean meal rose by more than 3%, soybean oil rose by more than 2%, and rapeseed oil and palm oil rose by more than 1%.
At the end of the morning, the main contracts of domestic futures were mixed. Shanghai silver and rapeseed meal rose by more than 4%, Douji, soybean meal, fuel oil, and Shanghai gold rose by more than 3%, soybean oil, Shanghai tin, live pigs, vegetable oil, palm oil, and caustic soda rose by more than 2%, asphalt and pulp rose by more than 1%; in terms of decline, the European line of container transportation fell by more than 7%, coke and soda ash fell by more than 3%, apples, glass, aluminum o...
On February 5th, US President Donald Trump said at a joint press conference with Israeli Prime Minister Benjamin Netanyahu that the United States will "take over" the Gaza Strip, raze the area and rebuild it. Trump earlier said that the Palestinians living there should leave. "They can live and live in peace and joy in a beautiful land, and they can live in peace and harmony in other regions or countries for the rest of their lives," Trump said. "The United States will take over the Gaza Strip, ...
In early trading, the main contracts of domestic futures rose and fell differently. Shanghai silver rose more than 4%, soybean meal rose more than 3%, Shanghai gold, soybean oil, bean two, palm oil rose more than 2%, rapeseed meal, rapeseed oil, coke rose more than 1%; in terms of decline, container shipping European line fell more than 3%, glass fell more than 2%, soda ash and urea fell more than 1%.
On February 5th, David Sacks answered the last question of the Q & A session of the press conference, saying that studying the feasibility of bitcoin reserves is one of the first things the president has directed him to do, and will be studied as part of an internal government working group. "Placing cryptocurrencies in sovereign wealth funds" is another question that cannot be answered at this conference. Previously, it was reported that US President Donald Trump signed an executive order on Mo...
The chairperson of the U.S. House Financial Services Committee, FrenchHill, said that both houses of Congress will establish a cryptocurrency working group.
Morgan Stanley economists said they no longer expect the Federal Reserve to cut interest rates in March, and now expect a rate cut in June this year. The Trump administration is imposing tariffs faster than we expected, which could mean that the pullback in inflation will stall at higher levels, blocking the possibility of any near-term rate cuts. (Jin Ten)
A wallet containing 50 bitcoins, mined about 15 years ago, suddenly became active, transferring about $5 million worth of tokens that were initially worth just $0.10 each. Bitcoin historian Pete Rizzo discovered and shared the wallet transaction using a screenshot of the mempool.space. The movement of this wallet has since sparked discussion and concern in the crypto community. Some onlookers speculated that it may be related to Ross Ulbricht, the founder of the "Silk Road" who was recently pard...
NYMEX most active crude oil futures contract Beijing time on February 4th 22:42-22:43 within one minute trading disk instantly traded 6643 lots, the total value of the transaction contract 478 million US dollars (including long funds *** billion US dollars, short funds *** billion US dollars), specific reference to "database - NYMEX crude oil futures real trading volume".
A number of popular Chinese stocks rose premarket, with Kingsoft Cloud (KC. O) up more than 8 percent, XPeng Motors (XPEV. N) up nearly 7 percent, and Bilibili (BILI. O) and Li Auto (LI. O) up more than 5 percent.
The Ministry of Commerce and the General Administration of Customs implement export controls on items related to tungsten, tellurium, bismuth, molybdenum, and indium.
On February 4th, Q: On February 4th, the Ministry of Commerce and the General Administration of Customs jointly issued an announcement on export control of tungsten and other items. What are the considerations for China's introduction of export control policies this time? A: On February 4th, the Ministry of Commerce of China, together with the General Administration of Customs, issued an announcement on the implementation of export control on tungsten and other related items, and imposed export ...
February 4th news, according to the Lighthouse Professional Edition, as of 10:00 on February 4th, the total number of people in the 2025 Spring Festival file (January 28-February 4) broke through 170 million, breaking the highest record in the history of Chinese film.