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Donald Trump touts new family DeFi project
Former President Donald Trump on Thursday teased a new cryptocurrency project started by two of his sons
Blockworks·2024/08/23 07:21

US Bitcoin ETFs extend inflow streak as BlackRock reels in $75 million
Cryptobriefing·2024/08/23 06:33

5 Best Altcoins to Invest in Today, August 22- Aevo, Theta Network, Ken, Beam
Insidebitcoin·2024/08/23 06:16

Bitcoin must ‘clear resistance’ at $62K to avoid another ‘Black Monday’
If Bitcoin fails to hit $62,000 and hold there, it could drop below $50,000, according to analysts from Kraken, but some aren’t as pessimistic.
Cointelegraph·2024/08/23 06:12

TRON surges to 3-year high amid meme coin frenzy
Grafa·2024/08/23 05:35

Metalex and Lido Finance propose new cybernetic organization
Grafa·2024/08/23 05:35

Bitcoin Price Rejects Key Resistance, But Could Fed’s Powell Send Price Surging on Friday?
The Bitcoin price was strongly rejected at its 50DMA around $61,300 ahead of a key speech from Fed Chair Powell. What's next?
CryptoNews·2024/08/23 05:24

Franklin Templeton expands tokenised money fund to Avalanche network
Grafa·2024/08/23 03:45

Polygon (MATIC) reaches 60-day high as token migration approaches
Grafa·2024/08/23 03:45

The Trump family enters DeFi, threatening to end the oppression of banks and financial elites
Trump's second son praised cryptocurrencies and decentralized finance (DeFi) as potential powerful catalysts for the US economy.
BlockBeats·2024/08/23 03:13
Flash
08:56
Plasma One now supports withdrawals in US Dollar, Euro, Mexican Peso, and Brazilian Real.Foresight News reported that the stablecoin-native bank card launched by Plasma now supports withdrawals in US dollars, euros, Mexican pesos, and Brazilian reais. Users can directly withdraw cryptocurrencies from their accounts as the above-mentioned fiat currencies to their corresponding bank accounts.
08:55
AI bubble concerns rise as Japanese stock market saw capital outflows last weekGlonghui June 4th – According to data from Japan Exchange Group, as of the week ending May 29, overseas investors were net sellers of approximately 395 billion yen (about $2.5 billion) in Japanese stocks, ending eight consecutive weeks of net buying. This sell-off occurred as the Nikkei 225, dominated by technology stocks, surpassed the 65,000-point mark for the first time, mainly driven by artificial intelligence-related stocks such as SoftBank, Kioxia, and Murata Manufacturing. The rapid rise of the Nikkei Index has sparked concerns among some market participants about overheating, prompting them to take profits. Pelham Smithers, Managing Director of UK equity research firm Pelham Smithers Associates, said: “More and more people believe that artificial intelligence is developing into a bubble. We estimate that by 2026, about 70% of the gains in the Japanese stock market will be contributed by AI-related stocks.” He noted that as caution increases, some global investors “hope to exit Japan and shift funds to markets such as Europe, where the AI component is less pronounced.”
08:54
Global central banks resumed net gold purchases in April, with the People's Bank of China increasing its holdings for 18 consecutive monthsBlockBeats News, June 4 — The latest report from the World Gold Council shows that, after a significant net sale of gold in March, global central banks returned to net purchases in April, increasing their holdings by a total of 17 tonnes of gold that month. However, the overall gold buying scale remains lower than the same period last year. Among them, Poland ranked first globally with a gold purchase of 14 tonnes, bringing its cumulative increase this year to 45 tonnes and total gold reserves to 595 tonnes. In April, the People's Bank of China added 8 tonnes of gold, marking the largest monthly increase since December 2023, raising its gold reserves to 2,322 tonnes and achieving an increase for 18 consecutive months. The Czech National Bank increased its gold holdings for the 38th consecutive month, with an addition of 2 tonnes in April. Meanwhile, the Central Bank of Russia continued its trend of reducing gold holdings, with a net sale of 6 tonnes in April. The total scale of gold sold this year has reached 22 tonnes, marking the fourth consecutive month of net sales. Uzbekistan slightly reduced its holdings by 1 tonne in April, but its cumulative increase this year remains at 24 tonnes, with gold making up as much as 88% of its foreign exchange reserves. The World Gold Council noted that central banks in Eastern Europe and Asia remain the main players in official global gold purchases. Over the past 36 months, these two regions averaged monthly gold purchases of 12 tonnes and 11 tonnes respectively, continuously supporting global gold demand. A 2025 survey shows that 95% of responding central banks expect global official gold reserves to continue growing over the next year, with 43% planning to further increase their gold holdings, up from 29% last year.
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