On January 13, Pan Gongsheng, Governor of the People's Bank of China, delivered a speech at the opening ceremony of the Asian Financial Forum, expressing his support for the Hong Kong Monetary Authority to launch the RMB trade financing liquidity arrangement. On the basis of the existing RMB liquidity arrangement framework, use swap funds to add RMB trade financing liquidity arrangements for terms of 1 month, 3 months and 6 months, with a total amount of 100 billion yuan, providing a stable and ...
According to a BlackRock IBIT report, investor inflows reached $526.70 million on July 22, marking the highest single-day inflow since March. CryptoQuant's latest on-chain data analytics shows that bitcoin holders are significantly reluctant to sell their assets, indicating growing long-term investor confidence in cryptocurrencies as interest in BlackRock's bitcoin ETFs returns. The report further states that a decrease in willingness to sell assets could reduce the supply of bitcoin in the mark...