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From spot bitcoin ETFs to real-world assets, industry leaders share their crypto outlook for 2024
From spot bitcoin ETFs to real-world assets, industry leaders share their crypto outlook for 2024

Quick Take Crypto industry leaders share their thoughts on the digital assets outlook for the year ahead, covering everything from spot bitcoin ETFs to stablecoins, real-world assets, NFTs and regulations.

The Block·2023/12/22 13:38
Elon Musk says he spends hardly any time at all thinking about cryptocurrency
Elon Musk says he spends hardly any time at all thinking about cryptocurrency

Quick Take In an X space talk with Cathie Wood, Musk said he hardly thinks about crypto these days.

The Block·2023/12/22 10:01
Solana Saga phone orders canceled following 'inventory management' issue
Solana Saga phone orders canceled following 'inventory management' issue

Quick Take Some Solana Saga phone customer orders have been canceled following an “inventory management” issue, according to its official X account. The device saw huge demand last week amid a surge in the price of bonk and an arbitrage opportunity presented by the 30 million tokens that come with the phone.

The Block·2023/12/22 10:01
Flash
04:28
「White-Haired Stock God」: The Battle for AI Supremacy Has Begun, Export Controls May Bring Opportunities in the Upstream Supply Chain
BlockBeats News, June 13th, in response to the U.S. government's request to suspend foreign national access to Fable 5 and Mythos 5, the "Oracle of White Hair Stocks" Serenity stated, "The AI Supremacy War has already begun. Countries implementing mutual export controls may lead to significant upstream supply chain bottlenecks, such as AXTI, and will bring some interesting opportunities in the near future." However, similar measures do help maintain the United States' leadership position in the AI field by keeping the most advanced models on domestic soil. It is not believed that superintelligence should be globally accessible, as the industry is beginning to venture into unknown territory."
03:27
BOJ May Raise Policy Rate Next Week
On June 13, Japanese media reported that the Bank of Japan may raise its policy rate from the current 0.75% to 1.0% during its monetary policy meeting scheduled for June 15-16. Kato, president of the Tokyo Research Institute, believes that the rate hike will put pressure on small and medium-sized enterprises and the lives of ordinary Japanese families, and its impact on the yen's exchange rate remains to be observed. For a long time, the core reason for the yen's depreciation has been the significant interest rate differential between Japan and the U.S., leading to the prevalence of 'yen carry trades' where low-interest yen is used to buy high-yield assets. However, following the announcement of the impending rate hike by the Bank of Japan, there has been no significant appreciation of the yen. Kato believes that the market is concerned that the Bank of Japan's future rate hikes will be slow and lag behind.
02:55
US Spot Ethereum ETF Sees Net Outflow of $4.93 Million
On June 13, according to monitoring by Trader T, the US spot Ethereum ETF experienced a net outflow of $4.93 million yesterday.
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