A report released by Bernstein on Wednesday revealed that it believes a "perfect storm" of political and regulatory forces is creating ideal conditions for U.S. stablecoin legislation this year. The analysts added that possible legislation in the US could prompt major Financial Institutions Groups to evaluate how to integrate stablecoin issuance or settlement into their business models. In addition, regulators are expected to step up scrutiny of past'debanking 'practices, further integrating sta...
According to foreign media reports, following the U.S. Attorney General's letter to Apple (AAPL. O), Apple will put TikTok back on the U.S. App Store on Thursday. (Jin Ten)
"ETH appears to be trying to build some bullish momentum and could eventually rally above $3,000," said Joel Kruger, strategist at LMAX, in a note on Tuesday. "Sentiment towards the world's second-largest crypto asset is rising again as many medium- to long-term players step in to take advantage of the recent decline." In addition, cryptocurrency analysis firm 10x Research pointed out in a report that Ethereum's Relative Strength Index (RSI), a key technical indicator that measures momentum, fel...
Federal Reserve Goolsby: This is a solid non-farm payrolls report.
On February 7th, Pepperstone strategist Michael Brown said in a report that from the perspective of Federal Reserve policy, it is difficult to imagine that the US jobs report will change the rules of the game. Federal Reserve Chairperson Jerome Powell pointed out that policymakers need to see real progress in inflation or some degree of weakness in the labor market before they can cut interest rates again. For the market, the jobs report could be a "good news is good news or vice versa. The mark...
The sweeping tariffs sought by the Trump administration will put significant upward pressure on already high inflation, according to a report released Thursday by the Federal Reserve Bank of Boston. The Boston Fed report said that Trump's 25% tariffs on Mexico and Canada and 10% tariffs on China would boost the personal consumption expenditure price index (PCE), the Fed's preferred measure of inflation, by 0.8 percentage points. Given that inflation is still...
According to foreign media reports, OpenAI CEO Sam Altman said in Tokyo that the company has no plans to file a lawsuit against DeepSeek at this time. A week earlier, OpenAI said it was investigating whether DeepSeek used its technology. Altman emphasised the company's focus on building high-quality products and maintaining its industry leadership through model strength, arguing that it was in the industry's common interest to drive technological progress and stay ahead of the curve, despite fac...
According to foreign media reports, Colombian President Petro has threatened to impose a 50% tariff on goods from the United States in response to Trump's previous announcement of a 25% tariff on Colombia.
According to foreign media reports, some netizens posted on the X platform on Thursday, Eastern Time, saying that when Google searches for keywords such as "US Presidents" and "US Presidents in order", the term of former US President Biden is completely ignored. The search results show that Trump is the last two presidents of the United States, while Biden's name is nowhere to be found. The list of presidents before Trump took office in 2016 is correct, including...
According to foreign media reports, ByteDance founder Zhang Yiming met Elon Musk in 2024. It is reported that Zhou Xingxing, founder of technology news website Pandlei, facilitated Zhang Yiming's connection with Musk, and the two sides had already met as early as 2014. According to Tencent Technology, Zhou Xingxing said that in 2014 he introduced Zhang Yiming to Musk and accompanied him to visit Tesla headquarters. In 2024, after Musk publicly expressed his opposition to disabling TikTok, Zhou X...
Ipek Ozkardeskaya, an analyst at Swissquote, said in a note that the euro was struggling against the dollar as eurozone government bond yields retreated from recent highs and ahead of Mr. Trump's inauguration on Monday. Mr. Trump is expected to announce a series of growth-boosting policies that could lead to inflation and potentially boost the dollar. At the same time, falling bond yields, the prospect of further interest rate cuts by the European Central Bank, and concerns about high debt level...
Francesco Pesole, an analyst at ING, said in a note that the dollar could appreciate if data released later showed that U.S. core inflation remained high in December. He said that the market generally expects core inflation to be 0.2% and 0.3% month-on-month, with an average expectation of 0.25%. ING expects the data to record an increase of 0.3%, which could increase expectations that the Federal Reserve will take cautious measures to cut interest rates, which could help the dollar appreciate. ...
According to a recent report by BlackRock, bitcoin adoption has outpaced the transformative technologies of the past, including the internet and mobile phones. The report highlights that since its launch in 2009, Bitcoin has rapidly evolved from a niche innovation to a globally recognized asset, attributing this evolution to demographic trends, economic changes, and the ongoing digital transformation of finance. With X.
"Given that Ethereum is the only major cryptocurrency [other than Bitcoin] approved as the basis for a spot ETF, it could be a rotation target," Citi analysts said in a report on Monday. Other cryptocurrencies have fared even better, and their share of the overall cryptocurrency market cap is growing. Citibank added that respondents to a recent survey believe that counterfeit products will perform particularly well in 2025...
According to foreign media reports, the Biden administration in the United States plans to impose a new round of restrictions on the export of artificial intelligence chips from companies such as NVIDIA (NVDA. O) before leaving office. According to people familiar with the matter, the United States wants to limit the sale of artificial intelligence chips used in data centers at the national and company level, with the aim of focusing artificial intelligence development in friendly countries and ...