News list for " demand"
There is a view that Musk's request for an audit of the country's gold reserves may be a prelude to a revaluation. Click to view...
The US government has demanded that Iraq resume oil exports from the Kurdish region as soon as possible or face sanctions along with Iran.
Crypto service providers are required to remove unlicensed stablecoins due to new European regulations. Kraken is developing a dollar-pegged stablecoin and plans to issue it by its Irish subsidiary. Meanwhile, Crypto.com plans to launch its own stablecoin in the third quarter of 2025 and expand to the European market.
Bitcoin traders are taking a wait-and-see approach as demand weakens, blockchain activity is lacking and liquidity inflows slow, reflected not only in lower volatility but also in a sharp drop in their holdings. "The market is in a cooling phase right now," said David Gogel, vice-president of strategy and operations at the dYdX Foundation. "Bitcoin has held up, but after failing to break through $105,000 in January, we've seen inflows slow and speculative assets like Meme take a hit."
Two Democratic U.S. senators have asked Department of Government Effectiveness (DOGE) staffers linked to Musk to leave the Consumer Financial Protection Bureau (CFPB), saying their presence undermines the agency charged with overseeing the billionaire's yet-to-be-founded payments business. Senators Elizabeth Warren and Adam Schiff said Musk "is not only suppressing the consumer protection agencies that regulate X's digital wallet, he may also have access to confidential company data that could p...
According to the official announcement of OKX, in order to meet the user's transaction needs, OKX will open the USDC (USDC_SUI) access business on the Sui public chain at 18:00 (Beijing time) on February 19. Users can recharge and withdraw USDC_SUI through the OKX platform after this time point.
Gold futures prices rose on the back of safe-haven demand. Nikos Zabouras, a veteran financial commentator at Tradu, believes that gold has solidified its position as the leading safe-haven asset and become an attractive hedge against inflation. Gold prices have risen nearly 10% this year, helped by President Trump's disruptive operating methods, aggressive rhetoric and potential tariffs that could hit global trade and supply chains. In the uncertain "special...
Against the backdrop of "growing demand" for institutional cryptocurrency trading, South Korea's top financial regulator will begin allowing charities, universities and cryptocurrency exchanges to sell certain cryptocurrencies in the first half of this year. The Financial Services Commission reportedly announced last month that it will allow institutional investors to trade cryptocurrencies in phases. The FSC announced today that it will soon allow charities and universities to sell as donations...
According to CryptoQuant data, as ETF demand soared, bitcoin trading platform reserves fell to a three-year low, with only 2.50 million left.
On February 5, the World Gold Council said in a new report on gold demand trends that total gold demand rose by 1% year-on-year in 2024 to an all-time high of 4,974.5 tons. The value of this demand soared to $382 billion, driven by record prices brought on by geopolitical and economic uncertainties and investors seeking safe haven assets. Gold demand reached a record $111 billion in the fourth quarter. "Geopolitical uncertainty remains high and will always be a factor supporting investment in go...
US President Donald Trump signed an executive order on Monday calling for the creation of a sovereign wealth fund in the coming year, but the text of the executive order was scant in detail, other than directing the Treasury and Commerce Departments to submit plans for such a fund within 90 days, including recommendations on "financing mechanisms, investment strategies, fund structures and governance models". However, in response to the news, Bitcoin advocate and US Senator Cynthia Lummis mentio...
It is reported that after the details of the agreement are announced, Ukraine will be required to end the state of martial law and mobilization, which means that Zelensky may lose power. Click to view...
On January 24th, Trump told the World Economic Forum in Davos, Switzerland on Thursday: "As oil prices fall, I will demand an immediate rate cut, and likewise, the whole world should cut rates." Five days later, the Federal Reserve will hold Trump's first policy meeting since taking office on January 28-29, and it is widely expected that the Fed will keep interest rates unchanged at this meeting. Trump has widely criticized the Fed for raising interest rates in the first two years of his first t...
On January 24th, Trump announced at the World Economic Forum in Davos, Switzerland on Thursday that he would ask Saudi Arabia and OPEC to lower oil prices, and said he would ask Riyadh to increase its proposed investment package in the United States from an initial $600 billion to $1 trillion. "If oil prices go down, the Russian-Ukrainian conflict will end immediately," Trump: "Now, oil prices are high enough for the conflict to continue - oil prices must come down." After these remarks, interna...
Investment banks believe that the increase in U.S. crude oil production will be a sustainable demand, but Trump's executive order is actually following the trend.
