According to Aunt Ai monitoring, affected by the news of Pump.fun self-built AMA, the price of RAY fell by nearly 30%. Whale address DMBZ2... XvQvD is reducing its 867,000 RAY (about $2.83 million) accumulated in four months, if sold, it will lose 1.27 million dollars. The address has transferred $6.45 million worth of RAY to the exchange in the past three days, with a cost price of $4.73 and a cumulative loss of about $1.517 million.
Bybit CEO Ben Zhou posted an update saying that Bybit's hot wallet, warm wallet and all other cold wallets were not affected. The only one hacked was the ETH cold wallet. All withdrawals were normal.
Crypto service providers are required to remove unlicensed stablecoins due to new European regulations. Kraken is developing a dollar-pegged stablecoin and plans to issue it by its Irish subsidiary. Meanwhile, Crypto.com plans to launch its own stablecoin in the third quarter of 2025 and expand to the European market.
Federal Reserve policymakers said at a meeting about a week after Trump's inauguration on January 20 that Trump's initial policy recommendations raised concerns about rising inflation at the central bank. According to published meeting notes, participants "generally pointed to upside risks to the inflation outlook" rather than risks to the job market. "Participants specifically cited potential changes in trade and immigration policy, the potential for geopolitical developments to disrupt supply ...
On February 18, Federal Reserve Governor Paul Waller said that his basic view is that the Trump administration's new tariffs will only have a modest impact on prices, which the central bank should try to ignore when setting monetary policy. Waller said that uncertainty about the impact of trade or other government policies should not prevent the Federal Reserve from taking action, just as neither the Russia-Ukraine conflict in 2022 nor the collapse of Silicon Valley Bank in 2023 prevented the Fe...
On February 13, "Federal Reserve Messenger" Nick Timiraos: Due to the weak performance of the PPI component that makes up the PCE index (financial and medical services sub-item) in January, the monthly rate of the US core PCE index in January is expected to be much lower than yesterday's sharp increase in the monthly rate of CPI. A 0.27% month-on-month increase in the core PCE in January would reduce the annual rate of the core PCE from 2.8% to 2.6%.
Prices of most Japanese government bonds fell in early trading on the prospect of further interest rate rises by the Bank of Japan. Household spending rose 2.7 per cent in real terms in December from a year earlier, beating consensus expectations, according to economic data released this morning. The figures are likely to add to the case for another rate rise by the Bank of Japan. Naoki Tamura, a hawkish member of the central bank's policy committee, on Thursday called for a possible quicker pac...
South Korea's bitcoin "kimchi premium" surged to 9.7% at 2 a.m. on February 3, hitting a 10-month high since April 2024, driven by concerns about Trump's tariff war. Min Jung, analyst at Presto Research, said kimchi premiums typically rise during bull markets but can also spike during panic selling, as selling pressure on Korean exchanges is lower than in global markets. As of press time, kimchi premiums have fallen back to 8.24 per cent, compared with a historical average of about 5 per cent.
Affected by Trump's tariff news, WTI crude oil fell by more than $0.6 in the short term to $71.92 per barrel.
Several US officials responded to DeepSeek's impact on the US, saying it was a "theft" and that a national security investigation into its impact was underway. Just a day earlier, US President Donald Trump had called DeepSeek a very positive technological achievement. (Financial Associated Press)
According to Cointelegraph, due to the MiCA regulatory policy, Crypto.com will remove USDT, WBTC, DAI, Pax dollar (PAX), Pax gold (PAXG), PayPal USD, Crypto.com Staked ETH (CDCETH), Crypto.com Staked SOL (CDCSOL), Liquid CRO (LCRO) and XSGD (XSGD) in Europe on January 31st. After disabling the deposit function, the trading platform will continue to support withdrawals of affected tokens until the end of Quarter 1, 2025.
On January 28th, according to Forbes, Chinese generative artificial intelligence startup DeepSeek hit US stocks, Nvidia's stock price plummeted 16%, the market value evaporated more than 500 billion US dollars, and its CEO Huang Renxun's net worth shrank by 19.80 billion US dollars as of 1:45 Beijing time, the total wealth fell from 124.40 billion US dollars to 104.60 billion US dollars, and fell to 17th in the 10th place of Forbes' real-time billionaire list. The steeper shrinkage was Oracle Ch...
According to Forbes, Chinese generative artificial intelligence startup DeepSeek hit US stocks, NVIDIA's share price plummeted 16%, and its market value evaporated by more than $500 billion. Its CEO Huang Renxun's net worth shrank by $19.80 billion as of 1:45 Beijing time, and his total wealth fell from $124.40 billion to $104.60 billion. It fell to No. 17 in Forbes' real-time billionaire list at No. 10. The steeper shrinkage was Oracle Chairperson Larry Ellison, who fell to No. 4 at $24.90 bill...
Shares in Nvidia plunged amid concerns about Chinese artificial intelligence start-up DeepSeek, wiping a record amount of market value off the world's largest company. Nvidia shares fell as much as 13%, wiping about $465 billion off its market value, breaking the record of a 9% drop last September, when it lost about $279 billion in market value, the largest in U.S. stock market history.
Analysts say Trump can influence the Fed's actions through fiscal policy. Click to view...