crypto base currency Overview

Dan Morehead, founder and managing partner of Pantera Capital: Cryptographic currency is a new asset class, which has not been developed by institutional investors to a large extent. Still optimistic about the long-term development trend of cryptocurrency market.Polish Central Bank Governor Glapinski: There is no basis for adjusting interest rates.The S&P 500 index fell, and the Nasdaq 100 index rose to 0.6%.

Judiciary Committee of the U.S. House of Representatives: A great deal of evidence has been found that "the financial industry implements conspiracy and antitrust behavior in order to impose extreme ESG targets on American companies".According to the media, air strikes against Syria provide an opportunity to attack Iran's nuclear facilities. On December 12, The Israel Times quoted Israeli military officials as saying that the Israeli military believed that Israeli warplanes and drones gained huge air superiority after air strikes destroyed almost all Syria's air defense equipment, which enabled Israeli warplanes to pass through Syrian airspace more safely and launch attacks on Iran's nuclear facilities.GBP/USD fell more than 0.50% in the day, and now it is reported at 1.2611.

Economists predict that the Fed will only cut interest rates three times next year. Economists surveyed by Bloomberg expect that the Fed will cut interest rates for the third time in a row this month, and lower the expected number of interest rate cuts next year. The market expects Federal Reserve Chairman Powell and his colleagues to cut interest rates by 25 basis points next week. If the expectation is true, it means that interest rates have been lowered by 1 percentage point since September. Next year's interest rate cut will slow down faster than officials expected three months ago. Most economists predict that interest rates will be cut only three times in 2025 because of the small progress in fighting inflation.Market News: Russian Internet regulators have blocked Viber's domestic instant messaging service.Dennis Shen, an economist at Scope Ratings: The reasons for the Fed to cut interest rates further after December are obviously reduced. Inflation is still sticky, the economic and financial markets are overheated, and the slight increase in unemployment rate earlier this year has been reversed. The Trump administration may bring more inflation risks in the short term.