4E: Federal Reserve Board member warns of risks of Bitcoin-backed stablecoins; stablecoins may become the next round of crypto growth engine
On October 21st, according to 4E observations, Federal Reserve Board member Michael Barr warned that the newly passed GENIUS Act may allow stablecoins to use Bitcoin as a reserve asset, thereby weakening their stability. Barr pointed out that although the Act d...
10-21 , 15:02
Bitwise: If only 3%-4% of funds flow from gold into Bitcoin, the price of Bitcoin may double from its current level
nbsp;according to Cointelegraph, Bitwise claimed that if only 3% to 4% of gold funds were rotated into Bitcoin, it could double the price of Bitcoin from its current level....
10-21 , 15:02
Pepperstone: Unless there are macro downside risks, the room for further gains in US Treasuries will be reduced
nbsp;during the Asian trading session, US Treasury yields fell slightly, with the 10-year Treasury yield falling below 4%. Pepperstone analyst Michael Brown stated in a report, I find it difficult to prove that the two-year (US Treasury yield) will be significa...
10-21 , 15:02
Nikkei 225 hits record high close
the Nikkei 225 index closed up 130.56 points on October 21 (Tuesday), up 0.27% to 49316.06 points. (Jinshi)...
10-21 , 15:02