What is the significance of the Hong Kong WEB3 event?
Today, a friend rushed to the Hong Kong WEB3 conference early in the morning. This year, the turnout is low, and they couldn't stay through lunch. No one is looking at projects, VCs are unwilling to invest, exchanges and major players have become the focus of the event, with the atmosphere filled with business discussions, KOLs, and socialites. There is no innovation, no new talents, and the conference has turned into a gathering.
I see no constructive elements for industry development. When Hong Kong first started engaging with WEB3, I predicted it wouldn't gain traction. Hong Kong is no longer the Hong Kong of yesterday; competition in the Asia-Pacific region is fierce, and Dubai and Singapore are both vying to become the leading cities in WEB3. Hong Kong wants to leverage WEB3 for revitalization, but when it comes to action, it hesitates and lacks the spirit of Lion Rock. The so-called "licensed" exchanges are limping along, with a lot of noise but little substance.
Soon, TOKEN2049 in Dubai will be here at the end of the month. One after another, what have we built? #香港Web3嘉年华
💥The Shocking Truth Behind Binance's Refusal to List Pi Network!
For years, Pi Network has kept users trapped in false promises and cumbersome KYC processes. Nevertheless, some still hope for Pi to be listed on Binance. In fact, the main reason Binance remains cautious is that millions of Pi tokens are locked, resulting in no liquidity and absolutely no real value. This is the fundamental reason why Binance refuses to list Pi!
TST missed 10 times, I confirmed it with the research team yesterday, but while driving on the road I couldn't launch the share in time, I also didn't take action myself, what a pity; Will CZ take BNB to the moon and make BSC great again? Follow the new pump platform for BSC four Will there be a pump coming out #币安Alpha上新 $BNB
Aren't the dog houses a good thing? You can't play like this #币安Alpha项目公布 #加密用户突破1800万 #市场全线看牛? On Thursday, December 19, Beijing time, the Federal Reserve announced a 25 basis point rate cut, lowering the target range for the federal funds rate from 4.5% to 4.75% to 4.25% to 4.5%. This is also the third consecutive meeting where the Federal Reserve has announced a rate cut following September and November, bringing the cumulative rate cut for the year to 100 basis points.
In addition, the Federal Reserve FOMC statement lowered the primary credit rate from 4.75% to 4.50%, reduced the overnight reverse repurchase rate from 4.55% to 4.25%, and decreased the discount rate from 4.75% to 4.50%.
The U.S. announced that the seasonally adjusted non-farm payrolls in June increased by 206,000, compared with 272,000 in the previous month and 190,000 as expected; the unemployment rate in June rose to 4.1%, compared with 4% in the previous month and 4% as expected, the highest since November 2021. The non-farm data was higher than the market
The US core PCE price index increased by 2.6% year-on-year in May, expected to be 2.60%, and the previous value was 2.80%. The US core PCE price index increased by 0.1% month-on-month in May, expected to be 0.10%, and the previous value was 0.20%.
After the release of the US PCE data in May, traders increased their bets on the Fed's interest rate cut. Positive...