Global financial markets have experienced significant volatility recently, both in stocks and cryptocurrencies, driven by multiple factors. The start of the U.S. Federal Reserve's interest rate cut cycle has eased market concerns about liquidity contraction, and the Chinese government has also adopted a policy of large-scale release of funds, injecting fresh vitality into the global market. This series of macroeconomic actions directly reflects On top of the strong performance in the stock and cryptocurrency markets. The U.S. Department of Commerce released personal consumption expenditures (PCE) data for August on September 27, showing that inflationary pressures are easing. The annual growth rate of the PCE price index dropped to 2.2%, slightly lower than market expectations of 2.3%, further supporting the...
According to the latest data, 1.71 million BTC mined between 2009 and 2012 are still dormant, worth about $108.2 billion. These unused bitcoins account for about 8.73% of the total supply of Bitcoin, showing that early Bitcoin miners did not transfer these tokens immediately after mining.Among them, the Bitcoin born in 2009 is particularly noteworthy. According to online data, there are still 1,074,352 to 1,074,402 BTC from the block rewards in 2009. These bitcoins are stored in 21,488 wallet addresses, accounting for about 5.4% of the total supply of Bitcoin. Although a large part of them are believed to be held by Bitcoin's founder Satoshi Nakamoto, not all bitcoins from that year belong to him. Interestingly, only a very small...
Recently, former US President Trump will give a speech on the economy in Savannah, Georgia. A senior adviser to Trump revealed that Trump will propose a set of "carrot and stick" economic policy plans in this speech. On the one hand, Trump will promise to personally recruit foreign companies to invest and operate in the United States, and will propose a series of incentives to attract foreign investment, including tax cuts, reduced regulations and the provision of federal land. On the other hand, he will once again threaten to impose severe tariffs on imported products. Given that economic issues are currently the most concerned issue for American voters, Trump's speech seems quite strategic.As China gradually rises and occupies a more...
Bitcoin (BTC) sprinted to the $65,000 mark on Thursday! It hit the highest level in nearly two months for the world's largest cryptocurrency. Approaching key resistance levels, how likely is this round of "alt season" to reappear? Which high-quality sectors will be the next focus? This price trend marks a recovery for Bitcoin, which had previously fallen to $53,000 in September. With it came a surge in the price of Bitcoin mining machines - the most popular Antminer L9 Dogecoin Miner 16G pre-sale price reached more than $13,000!Typically, Bitcoin's price performance tends to be volatile in the summer and September, but investors expect prices to grow in October, often referred to as "Uptober," as favorable factors drive renewed optimism in...
WHEN you hold a dollar bill in your hand, take a moment to appreciate the intricate work that goes into its production. The dollar die is a testament to the precision and expertise required to create our currency, making it one of the most durable forms of money in circulation. We treat money as something sacred, but money means nothing. Let's take a look back at history and see how many currencies in history have disappeared. Roman Empire: They devalued their currency by reducing the gold content in it. They even tried using silver to do the same thing, but those coins would wear out with use, which at least doesn't happen with gold.Byzantine Empire: Its currency was...
