Cynthia Lummis, the sponsor of the Bitcoin Strategic Reserve Act and chair of the U.S. Senate Banking Subcommittee on Digital Assets, said in a statement that one of the top priorities will be to hold a public hearing on the strategic bitcoin reserve.
Microsoft (MSFT. O) fiscal year 2025 Q2 revenue 69.60 billion dollars, the market is expected to 68.84 billion dollars, the same period last year 62.02 billion dollars.
Microsoft (MSFT. O) fiscal year 2025 Q2 net profit 24.108 billion dollars, the market is expected to 23.38 billion dollars, the same period last year 21.87 billion dollars.
According to Cointelegraph, Utah's bitcoin bill has been approved by the House Committee on Economic Development and Workforce Services. The bill is now before the House of Representatives. The bill will open the way for Utah to invest in bitcoin and other digital assets.
Lawrence Summers, who served as Treasury secretary under Bill Clinton, argued that Mr. Trump's public statement that he "wants to see [interest rates] come down significantly" was a public intervention by the government that "could easily backfire and the Fed would not follow its advice". Mr. Summers added: Unless the financial marekt boom collapses, it will be difficult for the Fed to cut interest rates as much as expected. The Fed itself is eager to play down tensions with the White House. Mr....
According to the Financial Times, the Czech central bank governor wants to invest billions of euros in the country's foreign exchange reserves in bitcoin.
JPMorgan sees little impact on bond markets from the $1,000bn loss of equity market value triggered by DeepSeek on Monday, although fears of a broad rise in volatility could have a negative impact on credit spreads. Despite the falls in equities, spreads on high-rated bonds widened by an average of 1 basis point and the CDX investment-grade bond index widened by 0.7 basis point. JPMorgan credit strategists such as Eric Beinstein and Nathaniel Rosenbaum wrote in a note that "this is a logical out...
On January 28th, according to Forbes, Chinese generative artificial intelligence startup DeepSeek hit US stocks, Nvidia's stock price plummeted 16%, the market value evaporated more than 500 billion US dollars, and its CEO Huang Renxun's net worth shrank by 19.80 billion US dollars as of 1:45 Beijing time, the total wealth fell from 124.40 billion US dollars to 104.60 billion US dollars, and fell to 17th in the 10th place of Forbes' real-time billionaire list. The steeper shrinkage was Oracle Ch...
According to Lookonchain, after the market fell, a whale accumulated 257.50 billion SHIB (worth $4.60 million). The whale currently holds 477.50 billion SHIB (worth $8.57 million).
Digital asset investment products saw inflows of $1.90 billion last week, possibly as a result of a recent presidential executive order. Bitcoin saw inflows of $1.60 billion and Ethereum 205 million.
On January 27th, in 2024, our country's service trade achieved rapid growth, and the scale reached a new record high. The total value of service imports and exports for the year was 7.5238 trillion yuan, an increase of 14.4% year-on-year. Among them, exports 3.17556 trillion yuan, an increase of 18.2%; imports 4.34824 trillion yuan, an increase of 11.8%; service trade deficit 1.17268 trillion yuan, a decrease of 31.43 billion yuan over the previous year.
On January 27th, MIIT released data showing that in 2024, our country's software business revenue was 13.7276 trillion yuan, an increase of 10.0% year-on-year. The total profit of the software industry was 1.6953 trillion yuan, an increase of 8.7% year-on-year.
The net purchase amount of southbound funds reached 5 billion yuan.
DefiLlama data shows that the total market value of stablecoins exceeded 215 billion dollars, currently at 2155.29 billion dollars, a new high; an increase of 2.59% in the past week, USDT market share fell to 64.82%. It is worth mentioning that the market value of USDC reached $52.079 billion, an increase of nearly 20% in the past month.
China's central bank: today 298 billion yuan 14-day reverse repurchase operation, win the bidding interest rate of 1.65%, the same as before.