Economist Peter Schiff took to social media to question the future value of bitcoin, noting that global central banks are adding to their gold reserves rather than buying bitcoin. Schiff asked: "If bitcoin is the future, why did central banks choose gold instead of bitcoin to replace the dollar?" According to reports, central banks are currently buying more than 1,000 tonnes of gold per year, double the average over the past decade. According to Bank of America strategist Michael Widmer, emergin...
Traders have raised expectations for the European Central Bank to cut interest rates, and now expect three more cuts in 2025.
Traders have raised expectations for the European Central Bank to cut interest rates, and now expect three more cuts in 2025.
May 21 news, looking forward to the later stage, Wang Qing, chief macro analyst of Oriental Jincheng, said that the current external environment is still facing great uncertainty, and the domestic policy of stabilizing growth cannot be relaxed. It is expected that the central bank will continue to cut interest rates in the second half of the year, which means that there is still room for downward adjustment in the LPR of the two maturity varieties during the year. In Wang Qing's view, lowering t...
European Central Bank Governing Council Muller: The possibility of further interest rate cuts in the future cannot be ruled out.
ECB Governing Council member Kazax: There is no need to rush to cut interest rates. The market prices the next meeting more appropriately. (Jin Ten)
On May 16th, the Russian central bank has named bitcoin as the best performing asset of the Russian financial marekt in April 2025, during which the price of bitcoin rose by 11.2%. The bank also stressed that bitcoin also topped the list year-to-date, with a return of 17.6%, outperforming stocks, bonds and gold. Despite a short-term volatility decline of 18.6% between January and April 2025, bitcoin has been identified as a global...
According to Cointelegraph, the Saudi Central Bank has revealed its holdings in Strategy shares.
China's central bank: today launched 64.50 billion yuan 7-day reverse repurchase operation, the bid volume 64.50 billion yuan, win the bidding volume 64.50 billion yuan, the operating rate of 1.40%, the same as before.
Sources: European Central Bank regulators are stepping up scrutiny of banks' sources of dollar funding amid concerns about the Trump administration. Some of the European Union's biggest banks are assessing the unprecedented situation of the Federal Reserve not providing dollars.
Goldman Sachs: The European Central Bank is expected to reach the end point of 1.75% in July this year, after expecting 1.5% in September.
ECB Executive Director Schnabel: Medium-term inflation risks may be on the upside. The ECB will remain solid and maintain interest rates around current levels. (Golden Ten)
ECB Governing Council Rennes: If forecasts are confirmed, a rate cut in June is the right move.
ECB Governing Council Rennes: If the forecast is confirmed, the interest rate cut in June is the right move; the risks identified in March have basically become a reality. (Golden Ten)
China's central bank: today launched 77 billion yuan 7-day reverse repurchase operation, the bid volume 77 billion yuan, win the bidding volume 77 billion yuan, the operating rate of 1.40%, the same as before.