The data released by the U.S. Department of Labor is indeed surprising. The PPI far exceeded expectations and the inflation problem seems to still be difficult. This has also made the Federal Reserve's interest rate cut plan confusing, and market uncertainty has increased. U.S. stocks closed down across the board last night, and Bitcoin was also affected. It seems that market sentiment is really fragile.
At next week's interest rate cut meeting, Powell's statement is indeed critical. If he speaks from a hawkish perspective, the market may have a new reaction.
Ethereum’s EIP-4844 upgrade is such great news! The GAS fee has been reduced and the interactive experience has been improved. This is a win-win situation! After the base upgrade, the gas fee is almost 0
The post by the founder of CryptoQuant is really shocking. The US government actually holds so much BTC and has never sold it. Is there any big plan behind this? What the SEC passed may actually have something to do with this. With so much BTC in the United States, it is indeed worth paying attention to when the market will crash!
The HECO Bridge was stolen again, which is really shocking. The security issue of Huobi Chain is really worrying. It seems that security is still the most important factor when choosing a platform.
The NVIDIA GTC conference is about to be held to showcase the future development trends of the robotics industry. I’m really looking forward to it! The AI concepts in the industry are indeed mixed, and one needs to be discerning. It may be a wise choice to run away before the good news hits the ground.
