According to foreign media reports, Colombian President Petro has threatened to impose a 50% tariff on goods from the United States in response to Trump's previous announcement of a 25% tariff on Colombia.
According to foreign media reports, some netizens posted on the X platform on Thursday, Eastern Time, saying that when Google searches for keywords such as "US Presidents" and "US Presidents in order", the term of former US President Biden is completely ignored. The search results show that Trump is the last two presidents of the United States, while Biden's name is nowhere to be found. The list of presidents before Trump took office in 2016 is correct, including...
According to foreign media reports, ByteDance founder Zhang Yiming met Elon Musk in 2024. It is reported that Zhou Xingxing, founder of technology news website Pandlei, facilitated Zhang Yiming's connection with Musk, and the two sides had already met as early as 2014. According to Tencent Technology, Zhou Xingxing said that in 2014 he introduced Zhang Yiming to Musk and accompanied him to visit Tesla headquarters. In 2024, after Musk publicly expressed his opposition to disabling TikTok, Zhou X...
Ipek Ozkardeskaya, an analyst at Swissquote, said in a note that the euro was struggling against the dollar as eurozone government bond yields retreated from recent highs and ahead of Mr. Trump's inauguration on Monday. Mr. Trump is expected to announce a series of growth-boosting policies that could lead to inflation and potentially boost the dollar. At the same time, falling bond yields, the prospect of further interest rate cuts by the European Central Bank, and concerns about high debt level...
Francesco Pesole, an analyst at ING, said in a note that the dollar could appreciate if data released later showed that U.S. core inflation remained high in December. He said that the market generally expects core inflation to be 0.2% and 0.3% month-on-month, with an average expectation of 0.25%. ING expects the data to record an increase of 0.3%, which could increase expectations that the Federal Reserve will take cautious measures to cut interest rates, which could help the dollar appreciate. ...
According to a recent report by BlackRock, bitcoin adoption has outpaced the transformative technologies of the past, including the internet and mobile phones. The report highlights that since its launch in 2009, Bitcoin has rapidly evolved from a niche innovation to a globally recognized asset, attributing this evolution to demographic trends, economic changes, and the ongoing digital transformation of finance. With X.
"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...
According to foreign media reports, the Biden administration in the United States plans to impose a new round of restrictions on the export of artificial intelligence chips from companies such as NVIDIA (NVDA. O) before leaving office. According to people familiar with the matter, the United States wants to limit the sale of artificial intelligence chips used in data centers at the national and company level, with the aim of focusing artificial intelligence development in friendly countries and ...
Goldman Sachs said in a report that its forecast for the Federal Reserve to cut interest rates this year has been reduced from 1% to 0.75%, and reports of its rebound in underlying inflation have been greatly exaggerated. Core PCE inflation rose by an annualized 2.5% from September to November last year, slightly higher than the 2.3% increase in the previous three months, but lower than the 2.8% year-on-year increase, which is still in line with the phenomenon of continued decline...
A report from Coinbase shows that the total market capitalization of stablecoins has increased by 48% since the beginning of 2024.
According to foreign media reports, US President-elect Donald Trump has backed a new deal reached by House Republicans on short-term government spending and a potential debt ceiling increase. "The newly agreed USA Relief Act 2024 will keep the government open, provide funding for farmers and others, and provide relief to those severely affected by devastating hurricanes," Trump said. The deal includes a three-month extension of current government funding levels, often referred to as...
On December 8th, according to a report by Israel's Channel 12 TV on the 8th local time, Israel launched air strikes on facilities near the Syrian capital Damascus to prevent these facilities from falling into the control of Syrian rebels.
The European Union recently released a report exploring the potential of permissionless blockchains in traditional finance (TradFi). The report argues that permissionless blockchains should at least be seen as an option for traditional finance and financial marekt infrastructure, but with caution. The report argues that such blockchains can be more neutral than private blockchains.
According to a report by Standard Chartered, stablecoins are moving from their initial use in cryptocurrency exchanges to wider use in global finance, with research indicating that stablecoins are increasingly being used for purposes similar to traditional finance, such as dollar saving and trading and facilitating cross-border transfers. The report also notes that the stablecoin market cap is currently $163 billion, which is small compared to overall financial marekt, but still has significant ...
According to Hong Kong media reports, a number of large international virtual asset trading platforms have withdrawn their license applications in Hong Kong recently. Gu Ronghui, co-founder of CertiK and a member of the Web 3.0 Development Task Force, said that the Hong Kong government should first supervise large-scale virtual currency industry stakeholders with existing scenarios and encourage them to push in the direction of compliance, which is more meaningful for the industry. For Circle, t...