News
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A Letter to Catizen Community
Catizen Blog·2024/06/14 07:47
VIPRecommended high-quality projects for major clients — June 5Bitget·2024/06/11 06:20
VIPRecommended high-quality projects for major clients — May 30Bitget·2024/05/30 05:28
VIPRecommended high-quality projects for major clients — April 16Bitget·2024/05/23 15:01
VIPRecommended high-quality projects for major clients (May 22) — Ethereum ecosystemBitget·2024/05/22 08:41
VIPRecommended high-quality projects for major clients (May 16) — Base ecosystemBitget·2024/05/16 10:00
Dialogue between Xterio Co-founder Jeremy Horn: The "AI+GameFi" Journey of a 15-Year Game Veteran from Web2 to Web3
Xterio collaborates with AltLayer to build the L2 network Xterio Chain, with over $2.5 billion in ETH re-staking on the chain.
Chaincatcher·2024/05/10 09:01
VIPRecommended high-quality projects for major clients (May 8) — Ton EcosystemBitget·2024/05/08 05:44
Get points for GOMDori Airdrop Campaign
GOMDori·2024/05/07 03:21
VIPRecommended high-quality projects for major clients — April 24Bitget·2024/04/24 13:18
Flash
- 13:35Former "Hawk King" of the Federal Reserve: Expecting a 100 basis point rate cut is too naive, Powell won't clean up Trump's tariff messAccording to Odaily Planet Daily, the Trump administration's epic tariffs on most imported goods may be too much for the Federal Reserve to mitigate. Former "Hawk King" and ex-New York Fed Chairman Bill Dudley warned that market expectations of more than 100 basis points in rate cuts this year are "too naive," only a full-blown recession could make it possible. Inflation might surge to 5% in the next six months, and economic growth could halve to 1%, putting the Fed into a dilemma of "raising rates accelerates recession, cutting rates worsens inflation". Don't expect the Fed to save the U.S. economy dragged down by tariffs; now, the only question is: how deep will be the damage.
- 13:31Tether may launch a new stablecoin specifically in the U.S. domestic marketAccording to the UK's Financial Times, Tether, the issuer of stablecoin USDT, may launch a new token specifically for the United States. In an interview, Tether CEO Paolo Ardoino said that the company has been involved in discussions about U.S. stablecoin regulations and might create a token solely for the U.S., depending on how these discussions progress. Ardoino stated that the Trump administration views stablecoins as "an important tool for America." If new rules make U.S. stablecoins competitive, Tether might be interested in creating a "domestic" American stablecoin which would essentially be a "settlement currency".
- 13:07Glassnode: The volume of unliquidated Bitcoin futures contracts has slightly rebounded since April 3rd, but the overall downward trend remains unchangedPANews reported on April 7th that Glassnode data shows the amount of Bitcoin futures open contracts reached $34.5 billion. Despite a brief rebound from the low of $33.8 billion on April 3rd, the overall downward trend has not changed. As traders reduce risk due to falling price momentum, futures positions continue to be closed out. Since March 25th, both cash-secured and cryptocurrency-secured open contract volumes have declined. Cash-secured open contract volume fell from $30.3 billion to $27.4 billion while cryptocurrency-secured open contract volume dropped from $7.5 billion to $6.9 billion but began rising again in the past 48 hours, suggesting more speculators are starting to take risks again. Cryptocurrency-backed Bitcoin futures contracts currently account for 20.5% of total outstanding contracts, up from 18.9% on April 5th. The rise in leverage ratio for cryptocurrency collateral could make markets more sensitive to price fluctuations and amplify volatility as positions become more sensitive.