Daily digital currency update summary (2024-09-19)
According to Coinglass data, if bitcoin breaks through $0.064 million, the cumulative short liquidation strength of mainstream CEX will reach $0.54 billion.
As regulatory catalysts collide with the Federal Reserve's interest rate-cutting cycle, has a new bull market for bitcoin begun?
SkyBridge Capital founder predicts that the US regulatory rules will be more friendly to cryptos, and he also expects the Fed to cut interest rates by at least 150 basis points in the next 18 months.
The Chinese and American governments hold $23.2 billion in positions! Two charts show top holders of cryptos: Musk ranks only 4th...
According to data collected from the blockchain, the estimated amount of China's cryptos hold positions is 11 billion USD, with the US government holding the top position at 12.2 billion USD. As for the companies, Musk's Tesla ranks only 4th, trailing MicroStrategy's 14.768 billion USD.
Mesh Inks Landmark API Integration With Coinbase
There was a "heated argument" during the congressional hearing in the USA, what exactly happened?
During a congressional hearing on Wednesday, September 18, there was a heated debate about the regulation of cryptos.
The Federal Reserve has made a rare and significant cut of 50 basis points! Powell: Don't think this is a new pace of rate cuts.
Federal Reserve Chairman Powell's hawkish comments indicate that the Fed's economic forecast summary does not indicate any urgency to cut interest rates. Monetary policy decisions will be driven by data, and rate cuts will be accelerated, slowed down, or paused as needed. He stated that the increased downside risks to US employment are worth watching, and the subsiding upside risks to inflation are encouraging, but the fight against inflation is not yet won. The Fed does not have a predetermined policy path and will decide on actions at future meetings.