On January 14, according to ajunews, the Ministry of Foreign Affairs of South Korea (MOFA) jointly issued a statement on its official website with the United States and Japan to explain North Korea's alleged involvement in cryptocurrency theft and emphasize the importance of public-private sector cooperation. According to the tripartite organization, North Korea stole about $660 million of cryptocurrency in 2024. These include $308 million stolen from DMM Bitcoin, $50 million stolen from Upbit, ...
"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...
Stephen Juneau, US economist at Bank of America, said, "We still expect the Federal Reserve to cut rates in December, we think the data will be in line with expectations, but it's also understandable why the market feels this is a bit of a coin flip, the US economy is still very strong and inflation is still above target. We will see deregulation, looser fiscal policy, more protectionist trade policy and stricter immigration policies. All of which would pose upside risks to inflation.... the Fed...
Trader T said on the X platform that since June, bitcoin's correlation with the S & P 500 Index has become increasingly low, as has its correlation with gold.
Paxos officially released the Stablecoin Pax Dollar (USDP) June Transparency Report, which disclosed the unaudited financial data of USDP as of 05:00 Beijing time on June 29, mainly including: Total Tokens Outstanding is approximately $121,706,620. 2. The current market value of the collateral provided by the total amount of the US Treasury mortgage reverse repurchase agreement is $8,877,060, and the nominal position value is $8,703,000. 3. Cash deposits through the FDIC deposit network amount t...
Bitcoin miner CleanSpark produced 445 bitcoins in June, up from 417 in May. The company also revealed that it sold 8.06 BTC in June at an average price of around $67,514 per bitcoin.
Uniswap Labs revealed on the X platform that the number of Swap traders exceeded 4 million in June, almost double the previous record high.
On April 29th, according to sources said on Monday that Saudi Arabia may raise the price of most crude oil varieties sold to Asia in June to the highest level in five months. The official selling price (OSP) of flagship product Arab light crude oil in June is likely to rise by 70-90 cents from the average price in Oman and Dubai to nearly $3 per litre, which will be the highest level since January. Medium and heavy oil OSPs are expected to be flat with light oil, supported by tight supply and st...