2024.6.7 Financial Events

● BTC falls below $70,500 ETH falls below $3,800 and falls below $3,800

According to the market, BTC fell below $70,500 and is now trading at $70,197.68, down 1.57% during the day, and ETH fell below $3,800 and is now trading at $3,798.4, down 1.33% during the day.

● Telegram will launch a mini-program digital payment service

Telegram CEO Du Rove posted on his Telegram channel that Telegram Stars will be launched, a way to pay for digital services through mini-programs. Mini Programs can be used to accept payments for digital services and make in-app purchases on Android and i0S, and Notcoin and other Mini Programs can be used without installation. Developers can use TON to extract Stars via Fragments and use Stars to further promote their apps on Telegram on preferential terms. When users buy Stars from Apple and Google, a 30% processing fee is deducted, but Telegram subsidizes ads purchased using Telegram Stars.

● The Russian Ministry of Finance officially recognizes crypto mining

The Russian Ministry of Finance officially recognizes crypto mining and may classify it as an industrial activity, paving the way for regulation and taxation of the mining industry.

● The European Central Bank announced a 25 basis point rate cut

The ECB cut all three interest rates by 25 basis points to 4.25%, 3.75% and 4.50% respectively. Among them, the ECB's marginal lending rate was 4.5%, with an expectation of 4.50% and a previous value of 4.75%. The ECB Deposit Facility rate was 3.75% versus 3.75% expected and 4.00% previously. The ECB's main refinancing rate was 4.25% versus 4.25% expected and 4.50% previously. The move extended the short-term gains of the euro against the dollar to 30 points. At the same time, ECB officials ruled out a second rate cut in July.#第55期新币挖矿IO