Bank of America pointed out in its 2025 foreign exchange outlook that the strong momentum of the US dollar is expected to continue until..., the euro this year is the theme of trading this uncertainty, and Australia and the United States have the most tortuous trend. Despite a difficult start, there will be a strong recovery in the second half of the year.
The Fed's December meeting notes that staff forecasts that economic conditions in the United States will remain solid. Real GDP growth is expected to slow slightly from the previous baseline forecast, and the unemployment rate is expected to rise slightly, but still close to the staff's estimate of the natural rate of unemployment. In the staff's baseline forecast, the inflation forecast for 2024 is slightly higher than the forecast made at the last meeting, reflecting an unexpected upside from ...
Goldman Sachs pointed out in its 2025 foreign exchange outlook that the dollar may remain strong for a longer period of time, while the euro will face a new round of blows and hit new lows, but the pound remains a better performing G10 currency.
Speaking on X, Mr. Musk said that the best way to ensure the accuracy of the Community Notes system was to become a contributor. He stressed that the system was fully decentralized and open-source, including code and data, and that any manipulation would be easily detected. Mr. Musk further noted that X and his team, including himself, had no editorial control over the system, which works in a way that people who once disagreed must agree in order for a comment to appear.
Societe Generale Bank pointed out in its 2025 foreign exchange outlook that the US dollar is still the best performer, but there is not much room for growth. Instead, the euro and the pound may have priced in most of the pessimism, and the quarterly target prices of these two currencies are looking towards... > >
Bank of America pointed out in its 2025 foreign exchange outlook that the strong momentum of the US dollar is expected to continue until..., the euro next year's theme is the uncertainty of trading, and Australia and the United States have the most tortuous trend. Despite a difficult start, there will be a strong recovery in the second half of the year.
The Bank of Botswana's Financial Stability Report states that risks to financial stability are currently "limited" due to the immature development of the local crypto market. But the central bank stressed the need for a regulatory framework to guard against future latent risks, and listed the use of digital payment instruments for money laundering and terrorist financing as one of the top five national security risks. The report shows that while the increased interconnectivity of the crypto mark...
Theya Bitcoin analyst Joe Consorti pointed out in a post that the price change of Bitcoin usually lags the change of the global money supply by about two months (about 70 days). At present, the global money supply has decreased by about 4 trillion US dollars in recent weeks after hitting a record high of 108 trillion US dollars, indicating that the contraction of the money supply may have downward pressure on the price of Bitcoin, or mean that the price of Bitcoin may fall to 75,000 US dollars.
Bitfinex reports that unprecedented inflows into Bitcoin ETFs and strong institutional demand have pushed Bitcoin closer to the historic $100,000 mark, though long-term holders (LTH) are also starting to take profits. Despite facing profit-taking resistance near $99,334 (its latest all-time high), BTC showed resilience, holding steady near $96,000 over the weekend before regaining some momentum in early trading on Monday. From a pre-election low of 66,8...
MicroStrategy plans to sell $2.60 billion worth of notes and will use the proceeds to buy bitcoin.
The Bank of America Securities report pointed out that Meta's third-quarter revenue beat market expectations, mainly due to the benefit of artificial intelligence (AI) -driven usage and improved advertising targeting, while earnings per share continued to exceed expectations. The bank believes that Meta's AI-driven advertising improvement still has room for several quarters, seeing its strong growth momentum in 2025, including AI and video-driven usage growth trends, AI solutions (Advantage +) b...
QCP Capital noted that Bitcoin broke through the $70,000 mark for the first time in more than seven months. This was helped by a number of factors, including strong inflows into spot ETFs last week, approaching $1 billion. This excitement has extended to cryptocurrency-related stocks. IREN, Hut 8, Bitdeer, and TeraWulf, among others, have benefited from increased demand for artificial intelligence and Bitcoin's recent rally. The Trump administration is likely to adopt expansionary fiscal policy,...
A study published Wednesday by a16z crypto notes that the number of active cryptocurrency addresses and usage has reached an all-time high this year. The report estimates that as of September, there were around 617 million cryptocurrency holders worldwide and 60 million monthly active users. In 2024, monthly active crypto addresses will rise to over 220 million, with Base at the top of the Ethereum EVM chain with 22 million addresses, while Solana dominates the non-EVM chain with over 100 millio...
The latest report from crypto asset trading firm QCP Capital pointed out that BTC remained above $65,000 and broke through $67,000. Although the U.S. stock market fell due to the decline in corporate earnings season, especially the expected slowdown in chip demand triggered by the ASML report, semiconductor stocks such as NVDA and AMD fell, but this did not affect the upward trend of BTC. The report pointed out that due to the increase in the probability of Trump winning the election, the market...