• English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
U.S. Treasury Secretary Bessant: U.S.-Ukraine agreement is a signal to Russian leadership.Leapmotors official Weibo account said that its deliveries in April reached 41,039 units, a year-on-year increase of 173%, setting a new record high in growth rate.1. MUFG: Expected to lower economic growth and core inflation forecasts for this year; even if the central bank is cautious about further rate hikes, the yen still has room to appreciate. 2. Bank of America: Trumps policies have increased uncertainty, pay attention to clues of rate hikes in June or July, and the expectation of the next rate hike has been postponed from June to the end of the year. 3. ANZ Bank: Expected to remain on hold amid uncertainty in trade policy, the press conference will adopt a cautious tone, and the expectation of the next rate hike will be postponed from May to October. 4. Reuters survey: 84% of economists expect interest rates to remain at 0.50% by the end of June; 52% of economists expect a rate hike in the third quarter. 5. Fanon Credit: Inflation expectations may be significantly lowered in view of the appreciation of the yen and the decline in oil prices. Pay attention to whether it will mention that the strengthening of the yen may slow the pace of policy normalization. 6. Citibank: Real wage increases support consumption, however, considering the implementation of reciprocal tariffs and automobile tariffs, we do not expect the Bank of Japan to raise interest rates this year. 7. S&P: Japanese interest rates are not expected to change until the second half of this year, but the Bank of Japans stance will be watched as inflation continues to rise. 8. Monex Securities: Expected to keep interest rates unchanged, with a focus on the outlook. The balance between rising inflation and increased uncertainty is key to the interest rate path. 9. IG Group: Expected to remain on hold given the continued uncertainty over tariffs and economic growth risks; wage growth exceeding inflation may add confidence to tightening policy. 10. Continuum Economics: Expected to keep interest rates unchanged and not change forward guidance; tariff uncertainty plus continued inflation puts it in a dilemma.According to the Wall Street Journal: Teslas (TSLA.O) board of directors has begun the process of finding a successor to Musk as CEO.New York gold futures fell below $3,250 an ounce, down 2.09% on the day.

The Crypto Market Tries to Buck Negative Pressure

Skylar Shaw

Mar 03, 2023 14:19

微信截图_20230303100054.png

Market Image

Overnight, the market capitalization of cryptocurrencies decreased 1.2% to $1.07 trillion. Since Sunday, this stage has been the center of attention, highlighting the development of the participant's abilities. The dread and avarice measure for cryptocurrencies is once again in the 50s. Since January, indifferent feelings, not dread, are mixing with times of avarice.


Even as it declines to 23k, Bitcoin still finds support, which is a remarkable outcome given the weaker dollar and the deteriorating stock market. The first cryptocurrency is still going strong and successfully battling the powerful forces that caused the Nasdaq100 to regress five weeks ago.


The 50-day moving average and the regional lows from late last week are centered around $22.7K, which appears to be a key warning mark on the road down for Bitcoin. If this support does not hold, February's positive progress will be reversed, and the next significant halt is not anticipated until $21.5K.


Between opposition in the 50-week average (near $1690) and the 50-day average (near $1600), Ethereum is trapped. A swift decline to $1400 could occur if the bears prevail in this small-scale conflict.

Stories from the past

France is about to make it harder for bitcoin businesses to obtain licenses. A new set of rules for the licensure and registering of bitcoin businesses have been passed by the nation's lower chamber of government. If the measure is approved, the modifications would start to apply in July 2023.


A uniform set of standards will be developed to boost customer trust in digital assets, according to the Stablecoin Standard group, which consists of the largest stablecoin producers.


Following the announcement of a collaboration with Meta and Telefónica as part of the Metaverse Activation Plan effort, the GMM cryptocurrency of the Gamium blockchain project increased by 650%. The two titans' collaborative initiative seeks to support and grow businesses in the Metaverse and Web3 area.