News
Stay up to date on the latest crypto trends with our expert, in-depth coverage.
Macron is facing a tough decision. Amid parliamentary turmoil and divided public opinion, there are five completely different paths for selecting a prime minister, each representing a political gamble.
Wall Street has basically assumed that employment data will be significantly revised downward; it’s just a question of by how much! The Trump administration is already preparing to "shift the blame"...
The article analyzes the impact of the initial value of the US non-farm payroll benchmark revision on the economy and the crypto market, pointing out that the revision may reveal that employment data has been overestimated, which could in turn affect the Federal Reserve's rate cut decisions and liquidity in the crypto market. Summary generated by Mars AI This summary was generated by the Mars AI model, and the accuracy and completeness of its generated content are still in the stage of iterative improvement.
- 17:02Bloomberg: Crypto Treasury Strategies Shift from Hype to Doubt as Strategy Models Face SetbacksJinse Finance reported that after the stock prices of Strategy and its Japanese counterpart Metaplanet soared over the past year, they have recently experienced declines, indicating that even industry leaders are not immune to shifts in market sentiment. Currently, the crypto treasury strategy is shifting from hype to skepticism, and the Strategy model is facing difficulties. For some companies, the appeal is obvious: packaging as a listed company can provide exposure to cryptocurrency and potential leveraged returns, while using a stock format familiar to investors. In certain cases, this model can still command a high premium. However, this type of trading is becoming crowded: too many companies are rushing in, offering little value beyond the tokens they hold. As prices fall, confidence supporting these premiums is beginning to waver.
- 16:14Citi: The Momentum of the U.S. Stock Market Rally Is Slowing DownJinse Finance reported that Citigroup stated the bullish momentum in the US stock market continues to weaken, and this trend is also reflected in European markets across the Atlantic. European stock market investors are facing political turmoil in France, while the European Central Bank is expected to keep interest rates unchanged for the second consecutive time this Thursday. In a report, Citigroup pointed out: "Bullish positions in the US continue to decline, and the normalization levels of the S&P 500 Index and the Russell 2000 Index are both falling, although there is still some new risk capital flowing into the market." The report added, "Positions in the Nasdaq Index are more resilient, with bullish levels remaining high." The bank believes that recent US labor data has increased the likelihood of a Federal Reserve rate cut.
- 16:14Blockchain fintech platform Munify completes $3 million seed round led by Y CombinatorChainCatcher News: Egypt-based fintech platform Munify has completed a $3 million seed round, led by Y Combinator, with participation from Digital Currency Group (DCG) and BYLD. According to the introduction, Munify is a blockchain fintech platform targeting the Middle East and North Africa (MENA) region, offering global, mobile-first fund management services. The platform provides multi-currency non-custodial accounts, real-time cross-border payments, virtual USDC cards, and remittance services supporting stablecoins.