Industry insiders said that counterfeit products may have more room to rise after Trump returns to the White House than one bitcoin, and "counterfeit products coins" usually refer to cryptocurrencies with a market value smaller than bitcoin. Samir Kerbage, chief investment officer at Hashdex, pointed out that counterfeit products could benefit more from digital asset-friendly regulatory environments, while Katherine Kirkpatrick Bos, general counsel at StarkWare, said that Bitcoin has always had ...
The Fed is not expected to achieve its 2 per cent inflation target until 2026, Mr. Schmid said. The final phase of a 2 per cent decline in inflation is likely to be the most challenging for monetary policy. The Fed's quantitative tightening is partly at odds with interest rate cuts. The Fed's balance sheet stance is still holding yields down. It will now oppose a halt to the Fed's balance sheet reduction. It is not desirable that moves to shrink the balance sheet cause volatility.
On January 9, local time, according to CNN, sources revealed that the US and Ukrainian governments expect that negotiations between Ukraine and Russia may be held in the first half of 2025.
Forbes posts discussing what could be the most noteworthy trends for cryptocurrencies in 2025: regenerative finance (ReFi) and green crypto projects that use blockchain technology to help with ecological restoration. Blockchain-based dispute resolution mechanisms that provide automated and transparent solutions. The rise of central bank digital currencies (CBDCs) to promote financial inclusion. Decentralized identity (DID) systems that give users control over personal data. Decentralized artific...
According to Spot On Chain, two dormant wallets (possibly one entity) paid $10.12 million for 2,736 ETH an hour earlier, with an average price of $3,699. Interestingly, these wallets withdrew stablecoins from Binance a year ago, but only now have they started making their first purchases.
On November 27th, driven by Musk's support and the possible launch of an exchange-traded product (ETP), Dogecoin's market value has surpassed that of automaker Porsche. According to data from Cointelegraph, as of 8:34 a.m. UTC on November 27, DOGE's market cap has risen more than 175 percent in the past month to more than $57.80 billion, surpassing Porsche's $56.10 billion market cap.
On Monday, Statoil said it had halted production at Johan Sverdrup, the largest oil field in Western Europe, due to an onshore power outage, but there was no clear timetable for a restart. Oil prices rose on the news, following a surge in oil prices affected by the escalation in Russia and Ukraine. UBS analyst Giovanni Staunovo said oil prices were boosted by the news as supply disruptions could tighten the North Sea crude market. Physical supply of North Sea crude supports Brent crude futures.
Bosera International said that Trump's policies are considered to be likely to have a long-term positive impact on the cryptocurrency market, including through executive orders and legislation to support the development of cryptocurrencies. In addition, the effectiveness and mainstreaming trend of the cryptocurrency market are also positive factors. Possible policies pushed by the Trump administration include more cryptocurrency-friendly legislation and possible tax incentives, which could furth...
Federal Reserve Chairperson Jerome Powell said that as interest rates approach neutral, it may be necessary to slow the pace of rate cuts.
Although the Federal Reserve has been as far away from politics as possible in 2024, Tuesday's presidential election is crucial for the central bank and its chairperson, Jerome Powell. The next US president will fill multiple vacant positions, and Powell's term as Fed chairperson will also end in 202...
Although the Federal Reserve has been as far away from politics as possible in 2024, Tuesday's presidential election is crucial for the central bank and its chairperson, Jerome Powell. The next US president will fill multiple vacant positions, and Powell's term as Fed chairperson will also be in May 2026...
Analysts at Presto, the trading and financial services firm, said the US election could trigger a meltdown in the bond market, with implications for other assets such as bitcoin. Presto analysts Peter Chung and Min Jung issued the warning following a CNBC interview on Tuesday with prominent investor Paul Tudor Jones, in which Jones said he was bullish on bitcoin, gold, commodities and Nasdaq stocks in the current risk environment.
Two hurricanes followed, and the consequences could be catastrophic.
On October 10, Foreign Ministry Spokesperson Mao Ning hosted a regular press conference. A reporter asked questions about the remarks of Taiwan leader Lai Qingde. Mao Ning said that Lai Qingde's speech deliberately cut the historical connection between the two sides of the Taiwan Strait, replaying the rhetoric of "non-subordination to each other" and "upholding sovereignty", changing tricks to sell the fallacy of "Taiwan independence", once again exposing his stubborn "Taiwan independence" posit...
On the first day of the National Assembly audit in Seoul, lawmakers have called for a special investigation into the KOK cryptocurrency scam that may have been promoted by South Korea's right-wing daily Chosun Ilbo. It is reported that victims have accused two subsidiaries of Chosun Ilbo of knowing that cryptocurrency is fraudulent, but still promoting it vigorously. Fraudsters use these positive propaganda to reassure investors that KOK is legal, and the newspaper has also delayed the prosecuti...