On January 30, Federal Reserve Chairperson Jerome Powell said at a press conference that the cryptocurrency industry could benefit from more regulations to govern its behavior. "We're not against innovation, we're not against banks interacting with the cryptocurrency space," he said. "But it would be helpful to have a larger regulator around cryptocurrencies. That would be a very constructive thing for Congress to do."
Sam Altman, chief executive of OpenAI, said the US would be able to achieve AGI thanks to President Trump's Stargate artificial intelligence project, which he said would create "hundreds of thousands of jobs". However, Sam Altman has posted on the X platform: "The Twitter hype is out of control again, OpenAI will not deploy AGI next month and has not yet built it, we have some really cool stuff for you, but please calm down and reduce your expectations by 100x."
Sam Altman, chief executive of OpenAI, said the US would be able to achieve AGI thanks to President Trump's Stargate artificial intelligence project, which he said would create "hundreds of thousands of jobs". However, Sam Altman has posted on the X platform: "The Twitter hype is out of control again, OpenAI will not deploy AGI next month and has not yet built it, we have some really cool stuff for you, but please calm down and reduce your expectations by 100x."
Trump 2.0 slightly milder caused the dollar to come under pressure, and gold benefited. The market's heart stone is temporarily put down, and gold may climb to another historical peak? > >
On January 14th, under the background of the sharp decline in the Asia-Pacific market, especially the Japanese stock market, the class A share market ushered in a very good performance. In early trading today, there were more than 5,000 rising stocks, and the three major indexes rose across the board. The A50 rose in a straight line, and Hong Kong stocks were also driven stronger. Analysts believe that there are four main reasons for the strengthening of the market: First, the Securities Supervi...
On December 31st, the China Securities Supervision Commission and the People's Bank of China co-opted 20 participating institutions on the basis of the first batch of 20 participating institutions, and formed a pool of 40 alternative institutions according to conditions such as classification evaluation and compliance risk control. During each batch of operations, about 20 institutions were selected to participate in the People's Bank of China's invited tenders operation according to the scale o...
Fanong Credit pointed out in its 2025 foreign exchange outlook that the dollar has been priced with many positive factors, and it is not expected to continue to perform beyond this high next year, while the euro is starting to become oversold and undervalued, which is expected to be the east wind of the recovery! > >
Initial U.S. claims for unemployment benefits fell last week, suggesting the economy still avoids a wave of mass layoffs in the final stretch of 2024. The Labor Department said Thursday that 219,000 people filed for new unemployment benefits in the week ending Dec. 21, compared with 220,000 the week before and market expectations for 225,000. The U.S. unemployment rate is currently 4.2 percent, which is still fairly modest by the standards of the past decade. But at 202...
On December 26th, in early trading, small and medium-cap stocks have improved significantly, and the number of companies in the whole market has increased significantly. From a structural point of view, for small and medium-cap stocks, there are four obvious positive. First, the bond futures have turned down again across the board. Recently, long-term bonds have been sold off continuously, and dividends have begun to adjust, which is conducive to the interpretation of small and medium-cap stocks...
The number of Americans claiming unemployment benefits for the first time last week 220,000, estimated at 230,000, and the previous value was 242,000.
Trump's social media platform Truth Social is now worth more than Musk's X, helped by a recent rise in the share price of Trump Media Technology Group (DJT. O). Trump Media Technology Group's shares have more than quadrupled since late September, giving it a market capitalization of more than $10 billion. According to Fidelity's latest valuation of its stake in X Holdings, X Holdings is valued at about $9.40 billion. The article claims that the share price of Trump Media Technology Group tends t...
Vitalik Buterin, co-founder of Ethereum, wrote on the X platform that thanks to zkemail, tlsnotary, anon aadhaar, etc., any form of authentication can be converted to an eth address and then inserted into other tools (e.g. multi-signature, DAO authorization...), a key difference between ETH addresses and "pure cryptography" is where the blockchain provides its value. ETH addresses can be "stateful", so details about key revocation, etc. can be abstracted.
European Central Bank President Christine Lagarde once again defended the benefits of free trade, saying whoever wins the US election should take care not to harm global trade. Asked at the Atlantic Council event on Wednesday about the prospect of a possible rise in tariffs, Lagarde said history shows the damage such measures can do. "Times of restrictions and barriers are not times of prosperity and great leadership around the world, so I think whoever ends up as president of this country shoul...
StarkWare team member 0d1nfr33 tweeted that thanks to the Starknet on-chain collaboration Telegram game BEASTS LAYERS, the transaction volume on Starknet has reached the highest level since the airdrop. According to Dune data, the number of transactions on Starknet reached 370,000 on October 7, a new high since March 15 this year.
Wall Street strategist Ed Yardeni said that US stocks could soar to new highs thanks to the Federal Reserve's sharp interest rate cut last week, but could also lead to a return to inflation if Fed officials are not careful. The latest policy decision raises the probability of a "complete meltdown" in stock prices - like the S & P 500's 220% surge from 1995 to the end of the last century during the dotcom bubble - from 20% to 30%. He believes...