Jinse Finance launches its cryptocurrency and blockchain industry daily news bulletin, "Jinse at 8 AM," issue 2950, providing you with the latest and fastest news on the digital currency and blockchain industry.
JinseFinanceJinse Finance launches the "Jinse Web3.0 Daily," providing you with the latest and fastest news on MEME, DeFi, DAO, NFT, and the metaverse industry.
JinseFinanceChina’s recent renewed interest in stablecoins comes amid concerns that U.S. stablecoin legislation could expand the dollar’s dominance. The Chinese central bank is using Hong Kong as a testing ground for future payment alternatives.
JinseFinanceInstitutional interest surges post-US Spot Bitcoin ETF approval, with Morgan Stanley and UBS vying for market entry. Competition intensifies as both giants race to offer BTC ETFs, marking a pivotal moment in crypto adoption.
EdmundWith the rapid development of technology and the changing geopolitical landscape, the global financial system is at a crossroads.
JinseFinanceThe bank said that U.S. monetary policy coupled with economic sanctions has forced some countries to look for alternatives to the U.S. dollar, and the growth of stablecoins may have emphasized the need for fiat currencies.
JinseFinanceMorgan Stanley's Ellen Zentner forecasts a series of interest rate cuts by the FED, deviating from market expectations. Beginning in June, the predicted reductions may impact Bitcoin's trajectory, potentially influencing a return to previous highs.
Cheng YuanThe Ethereum blockchain has become more centralized following the shift to proof-of-stake as 60% of validators are managed by only four companies, the report said.
CoindeskThe banking giant estimated that El Salvador wouldn’t face any issues with its debt payment for another year, despite the crisis it's facing currently.
CointelegraphMorgan Stanley’s report reads: “Ethereum demand is more closely tied to transactions. Therefore, similar scaling restrictions hurt demand for Ethereum more than it dampens demand for Bitcoin.”
Cointelegraph