Gate News: Latest Crypto News and Cryptocurrency Prices

07:55

Avenir Group: Institutional investors urgently need to bridge the funding channels between traditional and crypto market.

Odaily News During the BTC Asia "Asian Institutions Lead the New Era of Bitcoin" roundtable forum, Avenir Group CEO Lan Jianzhong (Jason) pointed out that as products like Bitcoin ETF and Digital Asset Treasury (DAT) accelerate traditional institutions getting on board, institutional investors are facing a new core challenge: the disconnection of funding channels between TradFi and the crypto market severely restricts capital efficiency. "The key in the future is to enable institutional investors to connect all assets within one system, achieving a unified funding path and purchasing power," Jason stated. This means achieving unified management of traditional and digital assets and cross-market trading, promoting efficient capital flow between different markets.

BTC-1.6%

07:41

Central Bank Vice President Zou Lan: The market widely expects the Fed to restart interest rate cuts in the second half of the year, and the misalignment of the monetary policy cycles between China and the US will improve.

Jin10 reported on July 14 that Zhou Lan, the deputy governor of the Central Bank, stated that the market generally expects the Fed to resume interest rate cuts in the second half of the year. Major developed economies are in a rate-cutting cycle, and the market's expectation for the Fed to resume rate cuts is heating up. The misalignment of monetary policy cycles between China and the U.S. will improve, and the China-U.S. interest rate spread is expected to narrow.

07:27

Market Analysis: The depreciation of the US dollar may drop the inflation rate of American trading partners.

Jin10 data reported on April 14, analysts from Commerzbank, Thu Lan Nguyen, stated that due to Trump's tariff policy, the depreciation of the dollar may drop the inflation rate of U.S. trading partners. She said, "If this situation continues, most Central Banks will not be caught in a dilemma: weighing economic and inflation risks." This will allow for further interest rate cuts, thereby alleviating the appreciation pressure of non-dollar currencies against the dollar. She mentioned that, for now, the impact of tariffs seems very unlikely to be reversed.

TRUMP-6.26%

02:10

Xingzheng Global Fund suspends large amount of subscriptions

Jin10 reported on April 3 that Xingzheng Global Fund announced that in order to ensure the smooth operation of the fund and protect the interests of fund holders, the Xingzheng Global Xinyue managed by Tong Lan will suspend large purchases starting from April 3, with a purchase limit of 100,000 yuan.

02:10

Lan Kong Interactive CEO Wang Feng: Cryptocurrency may usher in policy relaxation, unleashing new economic potential

BiJie.com News, Lanke Interactive CEO Wang Feng tweeted that the 'native' cycle of Cryptocurrency has been broken, and the encryption market is closely tied to the political and economic situation in the United States due to BTC ETF and Trump's economic policies. He believes that the strict regulation of policy over the past decade has choked the Cryptocurrency revolution, and only by embracing economic and monetary freedom can its true potential be unleashed. Wang Feng boldly speculates that under the promotion of the Trump administration and Musk, the United States may support Hayek's theory of monetary freedom and may allow the use of Block chain technology.

BTC-1.6%

TRUMP-6.26%

11:09

Yanghe Corporation has stopped supplying online platforms with the products of HZL and TZL.

Jinshi data on January 17th, it was learned from Yanghe shares that the company issued a notice to stop supplying Yanghe brand products, Hai Zhi Lan and Tian Zhi Lan, to various online platforms from today.

13:09

Golden Data reported on June 14th that as the market continued to digest better-than-expected US inflation data on Wednesday, the price of gold futures rose by 1.3% to $2348 per ounce. Deutsche Bank analyst Thu Lan Nguyen stated that satisfactory CPI data increased the possibility of the US accelerating interest rate cuts, which initially boosted gold prices midweek. However, after the latest Fed forecast showed that most members now expect only one rate cut this year, the increase in gold prices has eased. Nguyen stated in a report that the Fed seems to have only confirmed the market's previous general view. 'A single better performance in inflation data is not enough to comprehensively reassess the situation,' she said.

08:46

Gate.io news on April 30th: Gravity Media stated on the interactive platform that its cooperation with Lan Zhou Technology is proceeding as planned. The company has independently developed and launched three AIGC products, namely "Creative Assistant", "Video Assistant", and "Universal Assistant", based on its own marketing e-commerce model.

08:52

Gold prices hovered near five-week lows as interest rate cut expectations faded

(1) Gold prices rebounded slightly on Thursday and are currently up 0.2%, trading near $2,010.40 an ounce but still hovering near a five-week low as hawkish rhetoric from Fed officials and strong data dampened investors' expectations for a larger and earlier U.S. rate cut this year. (2) Brian Lan of Singapore-based trader GoldSilver Central said that the US dollar has strengthened sharply over the past few days, putting pressure on gold prices. (3) Overnight data showed that U.S. retail sales rose more than expected in December, and the economy entered the new year at a solid pace. The U.S. dollar index held near a five-week high. U.S. 10-year Treasury yields are also hovering near five-week highs. (4) GoldSilver's Lan said, "This year has just begun, and many investors may think that the price will not go up again, so it is time to take profits... In our view, this is a normal market cycle. ” (5) Traders will be watching Atlanta Fed President Bostic's speech, who is expected to speak at two events later today. In addition, investors will also need to pay attention to the release of US housing market data and changes in initial jobless claims in the evening

00:54

According to official information, the European Organization for Nuclear Research (CERN) announced the "Third Collision" event, which will be held from February 9 to 11. Approximately 700 current and past CERN researchers gathered to discuss CERN's 70 years of work and beyond, including advances in quantum computing, cybersecurity, artificial intelligence, aviation, and energy technologies. DoraHacks, a global geek sports platform, is the main supporter of the event, and DoraHacks initiator Eric Zhang will introduce the current state of the global geek movement and the global Open Source developer community, as well as the construction of infrastructure related to DoraHacks and Dora Factory. It is reported that CERN is a particle physics research organization and the birthplace of the World Wide Web (Web). While working at CERN from 1989 to 1991, Tim Berners Lee invented HTTP, the basic protocol for the World Wide Web, as well as URL and HTML, in order to solve the problems of LAN connectivity and document sharing and collaboration among departments. Other relevant research areas at CERN include quantum physics, antimatter, the Higgs boson, dark matter, large-scale data storage technologies, distributed computing, and maintaining the principle of network neutrality.

00:54

According to official news, the European Organization for Nuclear Physical Research (CERN) announced the "Third Collisions" event, which will be held from February 9 to 11. Approximately 700 current and past CERN researchers gathered to discuss CERN's 70 years of work and beyond, including advances in quantum computing, cybersecurity, artificial intelligence, aviation, and energy technologies. DoraHacks, a global geek sports platform, is the main supporter of the event, and DoraHacks initiator Eric Zhang will introduce the current state of the global geek movement and the global Open Source developer community, as well as the construction of infrastructure related to DoraHacks and Dora Factory. It is reported that CERN is a particle physics research organization and the birthplace of the World Wide Web (Web). While working at CERN from 1989 to 1991, Tim Berners Lee invented HTTP, the basic protocol for the World Wide Web, as well as URL and HTML, in order to solve the problems of LAN connectivity and document sharing and collaboration among departments. Other relevant research areas at CERN include quantum physics, antimatter, the Higgs boson, dark matter, large-scale data storage technologies, distributed computing, and maintaining the principle of network neutrality.

06:51

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17:33

According to Golden Finance, Zhewen Internet said on the investor interactive platform on November 10 that the company has applied virtual digital humans and metaverse technology to the company's digital marketing and innovative business segments. The company has created virtual digital human IPs such as "Jun Ruojin" and "Lan LAN", and applied them in multiple industries through virtual digital human solutions.

14:42

According to the Daily Economic News, Zhewen Internet said on the investor interactive platform on November 10 that the company has applied virtual digital humans and metaverse technology to the company's digital marketing and innovative business segments. The company has created virtual digital human IPs such as "Jun Ruojin" and "Lan LAN", which have been applied in multiple industries through virtual digital human solutions, and provided digital human services for brands such as Audi S4, Dongfeng Fengguang mini, and Autohome.

05:33

Director of the Monetary Policy Department of the Central Bank: The exchange rate of RMB against the US dollar is very important, but it is not the whole story of RMB exchange rate

The State Council Information Office held a regular briefing on the policies of the State Council today. Zou Lan, director of the Monetary Policy Department of the People's Bank of China, said that people usually discuss more about the bilateral exchange rate of the RMB against the US dollar, but in fact, the exchange rate of the RMB against a basket of currencies can be more Comprehensively reflect changes in currency value. From the perspective of macroeconomic operations, exchange rate fluctuations mainly regulate trade and investment in the real economy. Trade and investment are multilateral, involving multiple countries and currencies. Therefore, changes in the RMB against a basket of currencies can more comprehensively reflect the impact of exchange rates on trade, investment and the balance of payments. From the perspective of the exchange rate system, my country implements a managed floating exchange rate system based on market supply and demand and adjusted with reference to a basket of currencies. The exchange rate of RMB against the US dollar is very important, but it is not the whole story. It should also be viewed comprehensively and pay more attention to the changes in the exchange rate of RMB against a basket of currencies.

06:25

Golden Finance reported that at the 2023 Shanghai Blockchain International Week and the 9th Blockchain Global Summit, Lan Zhenzhong, founder of West Lake Xinchen and professor of West Lake University, said that I think large models and Web3 are related to productivity and production relations. Large models have greatly improved productivity levels, but if they are to work well, they must be matched by corresponding production relations. I summarized that there are several problems in the implementation of large models: First, the cost of training is very high. Start-up companies have no incentive to open source their models. Models that cost millions of dollars to train are open sourced, but then they have nothing to do with me. It is difficult for them to open source them. But open source is very important for models. Many models now are black boxes. Many research institutions cannot afford to train their own models. If everyone is training, then everyone is reinventing the wheel. So open source is very important, but it needs corresponding incentives. mechanism. Second, the cost of reasoning is high. The current reasoning cost of a single conversation in GPT4 is 60 cents, which is much more expensive than my speech. The cost of reasoning is very high and it is very difficult to implement. GPT4 can be used in many places, but the cost is unaffordable. The third is data sensitivity. Samsung’s data was leaked by OpenAI before and caused a lot of uproar. The data we upload to the large model now is sensitive data. Many companies are unwilling to upload their own data. How to deal with these problems? I hope Web3 can help us solve these problems.