Analyst Ali Martinez posted on the X platform that during the last bull market cycle, Dogecoin ($DOGE) began its second rally in the week of January 25, 2021 after experiencing a 56% price correction. Over the past few weeks, $DOGE has experienced a 46% correction. If history repeats itself, the next rally could begin as early as next week.
A thrilling year! The Federal Reserve started a rate-cutting cycle, the Bank of Japan raised interest rates and collapsed itself, crazy gold kept hitting new highs, Trump made a comeback with "America First"... What financial events have happened around the world this year?
The US election reshaped the market landscape, gold officially entered the decline stage of the mid-cycle, and the timing of the bull layout was adjusted to... > >
On November 11th, the National Development and Reform Commission published an article in the Economic Daily that it is necessary to build a domestic circulation dominated by domestic demand. To build a new development pattern, we must have a strong domestic economic circulation system and a stable basic disk. From an international comparison, the characteristics of the economies of major countries are all dominated by domestic demand and internally recyclable. In the future, the characteristics ...
The cryptocurrency industry has invested around $135 million in the 2024 U.S. election cycle to support more than 50 candidates, including Democrats and Republicans, incumbents and challengers, candidates with a winning margin, and candidates with little hope. As of noon on November 8, all 48 candidates supported by the industry's largest political action committee declared victory, and five candidates remained ahead in the remaining eight elections.
On November 8th, Lan Foan said that the central government still has more room for borrowing and deficit improvement. At present, we are actively planning the next fiscal policy and strengthening counter-cyclical adjustment.
Meme Coin KOL Murad posted on the X platform that the road to the Memecoin super cycle has now been paved.
"In this cycle, relative valuations are more effective in Meme coins than in VC coins, because people who own Meme coins will sell their positions and buy other Meme coins," Su Zhu wrote on XX. However, even if one L2 is cheaper than the other, people who sell the more expensive L2 don't buy the cheaper L2, they just sell it for dollars. "
On November 1st, strikes and hurricanes affected this month's non-farm payrolls data, with job growth unexpectedly falling and the unemployment rate unchanged. While the Federal Reserve may attribute today's weak data in part to one-off factors, the weakness in today's data suggests that the Fed will continue its easing cycle at next week's meeting. The data is worrying, and the likelihood of a 25 basis point rate cut in November has increased.
Gold Ten Futures October 30th news, as the main producing countries enter the production cut cycle, the supply of palm oil continues to decrease, and the palm oil inventories of the main producing countries tend to decline, driving the internal and external palm oil futures prices to continue to rise, and continue to refresh the highs in the past two years. Looking forward to the market outlook, it is difficult to effectively change the tight palm oil supply pattern in the short term. Coupled wi...
Martin Armstrong, a legendary analyst of financial and geopolitical cycles, says Trump will win "by a landslide" in 2024. Harris' real approval rating "has actually dropped to 6.5% to 7.5%. The Democratic" Deep State "has gone into panic mode.
Crypto analyst Willy Woo said that the current counterfeit products cycle is significantly different from the past. This is the third large-scale loss for retail investors since 2017. The DeFi and NFT waves of 2020-21 and the current Meme coin boom have caused retail investors to continue to suffer. Woo believes that retail investors may have realized the high-risk nature of the counterfeit products market. Although counterfeit products may still rebound after each bitcoin rise, the overall stre...
On October 25th, Li Qiang presided over an executive meeting of the State Council to exchange views on the economic situation and the implementation of a package of incremental policies. The meeting emphasized that it is necessary to closely focus on efforts to achieve the annual economic and social development goals, continue to grasp the implementation of a package of incremental policies, evaluate and optimize policies in a timely manner, increase counter-cyclical adjustment efforts, and furt...
On October 12, Minister of Finance Lan Foan said at the press conference of the State Council Information Office on October 12 that on the basis of accelerating the implementation of the identified policies, the Ministry of Finance will launch a package of targeted incremental policy measures in the near future, focusing on stabilizing growth, expanding domestic demand, and reducing risks.
CCTV News: What is the counter-cyclical adjustment of fiscal policy? How to adjust? The Ministry of Finance is ready to talk about this.