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...
On November 1st, the Bureau of Labor Statistics announced that the landfall and impact of Hurricane "Helene" was before the reference period of the household survey (unemployment rate) and the business survey (non-farm payrolls). Hurricane "Milton" was within the survey reference period. The response rate of the household survey in October was within the normal range. The collection rate of the business survey in October was well below the average. Employment estimates in some industries are lik...
Gold Ten Futures, October 9, according to foreign media reports, on Tuesday, the Chicago Board of Trade (CBOT) soybean futures closed down, of which the base period closed down about 1.7%. This is because the US autumn grain harvest is going well, and there will be rain in drought-affected Brazilian agricultural production areas, strengthening the expectation of abundant global supply. The weekly crop progress report released by the US Department of Agriculture on Tuesday shows that as of Sunday...
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...
On August 21, according to a decision by the National Futures Association (NFA) on August 20, cryptocurrency fund Ikigai Strategic Partners agreed to pay a $150,000 fine for allegedly making illegal bitcoin loans. The action is part of the ongoing impact of an industry-wide liquidity crisis in 2022 and is the latest example of the NFA - the body responsible for regulating US derivatives markets - overseeing activity in the spot cryptocurrency market. In a statement dated August 20, the NFA charg...
The non-farm data is cold! The Federal Reserve may cut interest rates by 50 basis points in September? Recession fears pervade the market, the golden day fell sharply more than $60; the United States and Israel expect Iran to attack Israel on Monday... What major events have happened in the world since last Friday?
On August 1st, a large silicon-manganese alloy factory in the south stopped production of two units in Baise on July 20th. Today, the Tiandong factory continued to stop production of two units, and the Guizhou factory stopped production of one unit. The group reduced production by a total of 50%.
On July 26, some Binance fans shared on the X platform their expectations for Binance founder Changpeng Zhao's plan to complete his sentence on August 30, but fact-checking shows that he will not actually be released on this date. Back on April 30, U.S. District Judge Richard Jones sentenced Changpeng Zhao to four months in a Seattle prison and recommended that he be sent to Seattle-Tacoma.
The Philippines said that Typhoon "Gemei" has now been upgraded to a super typhoon.
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...
On July 5th, the US non-farm payrolls recorded 206,000 after the June quarter adjustment, higher than market expectations, but slightly lower than last month's data.
The European Central Bank meeting notes that unfavorable data for a single month should not be overreacted.