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Cointime June 1st News Express

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  • U.S. strategic Bitcoin reserves may announce details in the coming weeks

    Trump signed an executive order in early March this year proposing to establish a national strategic reserve of Bitcoin and other tokens, and requested the Treasury Secretary to submit an evaluation report on the legality and feasibility of the plan within 60 days. With less than two weeks remaining until the 60-day deadline set by Trump's executive order, this means that more details about the US Bitcoin reserve will soon be disclosed. Market expectations for this may be one of the important catalysts for the recent rebound in cryptocurrency. In addition, any comments questioning the independence of the Federal Reserve have also had a positive spillover effect on Bitcoin.
  • BTC breaks through $88,000

    the market shows BTC breaking through $88,000, now reported at $88,059, a 24-hour increase of 4.25%, with significant market fluctuations, please manage risks.
  • The one-year and five-year LPRs remain unchanged.

    On April 21st, the People's Bank of China kept the one-year and five-year loan prime rates (LPR) unchanged at 3.1% and 3.6% respectively.
  • Market News: French Finance Minister says if Fed Chairman Powell is fired by Trump, the dollar will lose credibility

    French Finance Minister Eric Lombard warned that if Trump dismisses Federal Reserve Chairman Jerome Powell, it will endanger the credibility of the dollar and disrupt the stability of the U.S. economy as the bond market develops. Eric Lombard added that the result of Powell's dismissal would be higher debt repayment costs and severe confusion in the national economy, consequences that will eventually force the United States to negotiate to end the tension.
  • USD/CNH breaks through 7.3000 yuan mark

    US dollar against the offshore RMB just broke through the 7.3000 yuan mark, with the latest report of 7.2999 yuan, up 0.03% on the day; the US dollar against the onshore RMB is now reported at 7.2990 yuan, up 0.01% on the day.
  • Spot gold breaks through $3,330/ounce, setting a new record high

    spot gold continued to rise, breaking through $3330 per ounce, hitting a new historical high, rebounding about $100 from the daily low, and rising more than 3% within the day.
  • Spot gold breaks through $3,320/ounce, setting a new record high

    spot gold broke through $3320 per ounce, hitting a new all-time high and rising 2.9% intraday.
  • BTC breaks through $85,000

    the market shows BTC breaking through $85,000, now trading at $85,022, with a 24-hour decrease narrowed to 0.41%. The market fluctuates greatly, so please be prepared for risk control.
  • Coindesk ·

    Careers in Crypto: 5 Insights for 2024

    In an overwhelming job market, leaning into personal networks and connections are more important than ever. Emily Landon, CEO of The Crypto Recruiters, outlines what is happening in the crypto job market and how you can position yourself or your company in 2024.
  • Cointime August 10th News Express

    1. The U.S. Internal Revenue Service has released a new draft of the crypto tax form, which no longer requires filling in wallet addresses and transaction IDs