Several industry watchers interviewed by CNBC predicted the price of bitcoin in 2025, with the highest expectations for bitcoin to rise to $250,000. James Butterfill, head of research at CoinShares, said the price of bitcoin could be between $80,000 and $150,000 in 2025. Matrixport said bitcoin could reach $160,000 by 2025. Alex Thorn, head of research at Galaxy Digital, expects bitcoin to break through $150,000 in the first half of this year and $185,000 in the fourth quarter. Standard Chartere...
Some observers believe that the RBA's monetary policy tools are more powerful than those of many other central banks because the country's mortgages are mostly at variable rates and household debt is high. HSBC chief economist Paul Bloxham said this means that in the post-COVID-19 pandemic era, the RBA does not have to tighten monetary policy as much as before to achieve the same effect. However, the RBA assistant chief...
On November 23rd, the next step of the regulatory authorities plans to set clear quantitative requirements for specific indicators such as the price-to-book ratio of listed companies of relevant central enterprises. In the future, there are more relevant policies in the preparation and promotion of supervision. In addition to the current market value management related policy requirements, the next step of the regulatory authorities will explore the new equity incentive system related to listed ...
Oil market watchers expect OPEC + to delay production increases again.
According to the Economic Observer, the issuance of false wealth management products and "DDO digital options" by "Ding Yifeng" and its affiliates are "air coins", and illegal activities have been suspected of crimes. It is reported that many investors of "Ding Yifeng" products have completed the registration according to the content of the "Futian Police" notice. The operation of "Ding Yifeng" spans Hong Kong and the mainland, involving the financial transactions of many listed companies, which...
On November 8th, according to Cointelegraph, market observers said that the surge in bitcoin Google searches after Trump won the election, coupled with the bitcoin price hitting a record high, indicates that retail investors' interest has reignited and there is a wave of new buyers ready to enter the cryptocurrency market. Ryan Chow, co-creator of Solv Protocol, said Mr. Trump's victory was "a major catalyst to kick-start the next bull market".
The CME's Fed Watch tool now puts a 58 per cent chance of a 50 basis point cut in November. Marc Chandler of Bannockburn said expectations that the Fed would cut rates by another 50 basis points in November weighed on the dollar yesterday, although it has now recovered. The September Conference Board consumer confidence index was lower than expected yesterday, indicating weak consumer confidence, particularly in the labour market, and fuelling speculation of another 50 basis point cut.
Some Fed watchers do not expect Mr. Powell to make a specific forecast for September, but rather to remind everyone that the Fed will now focus more on jobs because the job market is weakening. The Fed has a dual mandate to maintain price stability and full employment. The latter has become increasingly important as unemployment has risen, putting more pressure on the Fed to act. The unemployment rate rose to 4.3 per cent in July, its highest level since October 2021. Wilmington Trust Bond Inves...
Greeks.live macro observer Adam wrote that with the PPI and CPI landing one after another, the market's volatility expectations have dropped significantly, which in turn drove the main term IV to decline significantly. Short-term IV fell by more than 20% this week, while medium and long-term also fell by about 5%. This decline in implied volatility IV in the options market is relatively rare, and institutional sellers can make up a lot of profits in this round of decline to make up for the hedgi...
Increased trading activity and exuberant expectations for a possible ETF product may have contributed to Solana's recent outperformance, according to several market watchers. SOL, which has rallied more than 18% in the past week, has outpaced BTC) and ETH, and traded at more than $180 in early trading on Monday, hitting a three-month high. Some market watchers said SOL rallied, boosting fundamentals due to increased trading activity for Solana-based apps over the past few weeks. A...
Market observers say investors will initially favour traditional safe-haven assets and may be inclined to pick deals that are most relevant to former President Donald Trump's chances of winning the White House after surviving an assassination attempt. Currency trading began at 5am Sydney time, which could give a boost to the dollar, while other safe-haven currencies such as Japan's beleaguered yen, Swiss franc and gold are also expected to shrug off market volatility. After the attack, bitcoin p...
After Mr. Trump's attempted assassination, traders will initially pile into safe havens when markets open and reassess the trades most relevant to his candidacy, according to market watchers. "There is no doubt that the Asian market will move to protective or safe haven assets in the morning," said Nick Twidale, chief market analyst at ATFX Global Markets. "I think gold could test new highs and we will see the yen and dollar being bought...
Many market watchers have blamed the recent BTC rout on selling pressure from bitcoin mining operators, Mt. Gox refunds, and the recent German government sell-off. Greg Cipolaro, head of research at NYDIG, said in a report on Wednesday that the claims were overstated. He added: "While sentiment and psychology may dominate in the short term,...
Microsoft and Apple gave up their observer seats on OpenAI's board under antitrust scrutiny. Microsoft announced its immediate withdrawal, while Apple did not participate in the observer role. OpenAI will maintain contact with partners and investors through regular meetings.
On July 3, Apple (AAPL. O) will serve as an observer on the OpenAI board as part of a landmark agreement announced last month, further strengthening the partnership between the two parties. Phil Schiller, head of Apple's App Store and former head of marketing, will take up the position, according to people familiar with the matter. As a board observer, he will not serve as a full director. In June, Apple announced it would offer ChatGPT on iPhone, iPad and Mac as part of a suite of artificial in...