The onshore renminbi rose to its highest level against the dollar since November at 7.2180, according to China Money Network.
According to Sina quotations, the offshore yuan rose above the 7.20 mark against the dollar for the first time since November last year, rising more than 100 points in the day.
Department of Justice Deputy Minister Lisa Monaco recently emphasized that it will prioritize combating illegal activities using cryptocurrencies, especially the use of privacy protection tools. In contrast, New York Attorney General Letitia James has argued for stricter cryptocurrency regulation. Monaco believes the Justice Department's existing legal tools are sufficient to address the issue without additional legislation. This stance contrasts with the push by some state officials for stricte...
The Hong Kong dollar rose to 7.7575 against the US dollar, close to the strong side conversion guarantee level of 7.75.
X's chatbot Grok, built to be "truth-seeking," is telling users That Elon Musk is the world’s biggest source of disinformation and suggesting that Trump might be a Russian asset.
According to China Money Network, the onshore yuan rose above 7.25 against the dollar and is now at 7.2471.
Speaking on Space, Ben Zhou, Bybit's chief executive, said: "I'm not sure it's a one-person decision. In the spirit of blockchain, maybe it should be a voting process to see what the community thinks, but I'm not sure."
According to TASS news agency, the Argentine Senate passed a motion with 46 votes in favor and 15 votes against, asking the government to provide reports on the LIBRA scandal. At the same time, the Senate rejected the proposal to establish an investigative committee. Although 47 senators supported it, it did not meet the 48-vote threshold for initiation and ultimately failed to pass. Meanwhile, a proposal to set up a parliamentary committee to investigate the scandal was rejected. The proposal w...
The EUR/USD widened its intraday gain to 0.50%, trading at 1.0474.
Federal Reserve Chairperson Jerome Powell on Wednesday warned against reading too much into data showing the largest month-on-month increase in the consumer price index (CPI) in more than a year, while acknowledging that the reading was significantly higher than expected. "The CPI reading is higher than almost all forecasts, but I just want to remind you of two things," Powell told the House Financial Services Committee hearing. "First, we're not going to get excited about one or two good readin...
The onshore renminbi closed at 7.3050 yuan against the US dollar (CNY) at 03:00 Beijing time, up 10 points from Tuesday night's close. Volume 28.353 billion US dollars.
AUD/USD fell short-term, falling 0.4% to 0.6248 as Trump announced policy measures on steel and aluminum.
According to Cryptoslate, Russian bitcoin miners are concerned about government regulations requiring wallet addresses to be included in the national register. Russian MP Anton Gorelkin highlighted these concerns in a Telegram post on February 7, warning that geopolitical rivals could take advantage of the leaked addresses. He described the scenario as follows: This is a significant threat as sanctions could seriously impact mining operations. According to him: "Russian miners are concerned that...
The U.S. dollar index, which measures the dollar against six major currencies, rose 0.1 percent on the day to close at 107.690 at the end of the foreign exchange market. As of the end of the New York foreign exchange market, 1 euro was 1.0385 dollars, down from 1.0407 dollars in the previous session; 1 pound was 1.2436 dollars, down from 1.2506 dollars in the previous session. 1 dollar was 151.39 yen, down from 152.53 yen in the previous session; 1 dollar was 0.9051 Swiss francs, up from 0.9010 ...
In response to crypto czar David Sacks saying that bitcoin is an excellent store of value, Binance co-founder CZ wrote on the X platform: "Why do people always question whether bitcoin is a good store of value?". And to the community's response to the sharp drop in bitcoin, CZ added: "Store of value means long-term".