After President Donald Trump did not mention any cryptocurrencies in his inauguration speech on Monday, options listed on the Deribit exchange show that the downward trend in the ETH/BTC ratio continues. As of noon Hong Kong time, bitcoin call options were trading higher than Ethereum call options across multiple time periods, according to risk reversal data tracked by Amberdata. Risk reversals are measured by call...
President Trump said late Monday that he plans to impose a 25 percent tariff on products from Canada and Mexico starting Feb. 1, and possibly on most U.S. imports, while signing an executive order directing federal agencies to conduct a comprehensive review of U.S. trade policy by this spring. Trump told reporters in the Oval Office on Monday night that he was considering imposing tariffs on Mexican and Canadian products because the two countries allow "a lot of...
Shortly after Trump was sworn in as president on Monday, the Senate Intelligence Committee quickly approved John Ratcliffe as director of the Central Intelligence Agency, according to the AXIOS website. The committee voted 14-3 in favor of his nomination.
January 20th news, affected by Martin Luther King Jr. Day, US stocks will be closed for one day on January 20th (Monday), CME's precious metals and US crude oil futures contract trading will end at 03:30 Beijing time on the 21st, and stock index futures contract trading will end at 02:00 Beijing time on the 21st. Click to view more holiday closing arrangements > >
On January 19, Beijing time, US President-elect Trump announced that he would issue an executive order on Monday to extend the time before the "sell or ban" law takes effect in order to reach an agreement to protect national security. Before the order is issued, any company that helps TikTok continue to operate will not be held responsible. Trump plans to establish a joint venture in which the United States owns 50% of the shares, so as to ensure that it can control the TikTok and continue to op...
Trump is sworn in next Monday (20th), and the high call option is reduced to lock in profits in advance. In the short term, you can pay attention to the gains and losses of X support. After WTI crude oil tested the 80 mark, the long and short sides once again faced a decision moment.
President-elect Donald Trump's second inauguration could become the most militarized in U.S. history, according to a report released Monday. The US national security establishment has warned that while there is no specific credible threat, Trump's inauguration will be "violent and extreme..."
"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...
The US Supreme Court on Monday rejected an appeal by Binance and its former chief executive Changpeng Zhao after the Second Circuit ruled that US securities laws apply to the cryptocurrency exchange even if it has no physical headquarters. Since 2023, Binance and its founder Changpeng Zhao have been facing legal challenges.
"Given that Ethereum is the only major cryptocurrency [other than Bitcoin] approved as the basis for a spot ETF, it could be a rotation target," Citi analysts said in a report on Monday. Other cryptocurrencies have fared even better, and their share of the overall cryptocurrency market cap is growing. Citibank added that respondents to a recent survey believe that counterfeit products will perform particularly well in 2025...
The yield on the 30-year U.S. Treasury bond rose as much as 5 basis points on Monday to around 4.86%, the highest level since November 2023, as investors began to taste the turbulence that Trump's rise to power could cause to financial marekts in the coming months. Bond market expansion pressure has had a certain impact on the market, and the Treasury Department's first issue of Treasury bonds this week has softened subscription demand. Fears that Trump's policies will push Qualcomm...
According to the Washington Post, the U.S. Congress will meet on Monday to certify the results of the 2024 election. The upcoming certification process is expected to proceed smoothly. (Jin Ten)
MicroStrategy announced on Monday that it spent $561 million to buy 5,262 bitcoins at a unit price of about $106,662, pushing the total bitcoin holdings on the software company's balance sheet to 444,262. But QCP analysts noted that "this is its smallest purchase in recent weeks, raising questions about its appetite to buy bitcoins at current levels." In addition, analysts at QCP Capital noted in a report on Tuesday that currently, as 2024 draws to a close, enthusiasm in the cryptocurrency marke...
Volume in the U.S. federal funds rate market climbed to its highest level in about a year and a half on Monday, indicating that the Federal Home Loan Bank (FHLB) is lending excess dollars in the market. Volume in the federal funds rate market rose to $119 billion as of Dec. 23, the highest level since July 2023, from $113 billion in the previous session, according to data released Tuesday by the New York Fed.
Investment advisors could overtake hedge funds as the largest holders of US-listed spot bitcoin (BTC) exchange-traded funds (ETFs) next year, CF Benchmarks said on Monday. Investment advisors could have more than 50% of the BTC and ETH ETF market next year, according to CF Benchmarks.