1. Wedbush: Trump's election will be detrimental to electric car manufacturers other than Tesla. 2. Li Auto statement: No domestic and foreign sales agents or authorized dealers have been established. 3. It is reported that the adjustment of Xiaomi's production line has come to an end, and the monthly output is expected to reach 24,000 units by the end of the year. 4. Xiaomi Lei Jun: Xiaomi's internal advanced driving course will be launched to car owners. 5. BYD launched the 2024 employee stock...
Due to the unfavorable PMI report, global stock markets fell, and the XRP price fell below a key support level on September 6. Meanwhile, Ripple Chairperson Chris Larsen and 87 other businesspeople supported Vice President Kamala Harris for the presidency, a move that confused most users as the Biden-Harris administration has been hostile to cryptocurrencies through the Securities Exchange Commission (SEC). The analysis believes that these have made the overall trend of XRP price bearish, and th...
The open web (TON) ecosystem has suffered a series of setbacks over the past week due to a series of bad news. The upheaval began with the arrest of Telegram founder Pavel Durov, followed by two major disruptions to the blockchain network, causing block production to come to a standstill. And, from June 23, 2024 to August 30, 2024, the total market capitalization of TON's top ten tokens shrank from $20.51 billion to $15.38 billion. During this period, Toncoin (TON) was valued at about $18.71 bil...
Bitwise CIO Matt Hougan said that all the selling headwinds at the moment are one-off sales, creating a short-term liquidity shock, while the seasonal period when cryptocurrencies are typically less liquid is coming to an end. In contrast, spot bitcoin ETF inflows, bitcoin halving, a shift in political attitude towards spot ethereum ETFs, and the prospect of a Federal Reserve rate cut have all created a better long-term environment for cryptocurrencies. Coupled with the strong growth of the stab...
The European Central Bank meeting notes that unfavorable data for a single month should not be overreacted.