Spain's July Services PMI

Tomorrow we dive into why is the United States is behind the rest of the world and what is currently being done to mainstream digital assets. 11am PST ⬇️ Panel ⬇️ Policy at Digital Chamber Govt Relations at Blockchain Association Director of Research at KASEI #Crypto #BlockChain #DLT

Trading has never been a matter of achieving results in one go. There is always the possibility of loss with any order. You must be able to endure loneliness in order to go far!

Bitcoin Dominance dropped slightly, at 60.94% today. Is Bitcoin dominance retesting the 60% support? Alt Season could be coming 👀

The Dilemma and Transformation of the VC Industry: Observations and Reflections from the Consensus Conference in Hong Kong Recently attended the Hong Kong Consensus Conference and deeply felt the severe challenges faced by the VC industry. In stark contrast to the prosperous projects, VCs are generally in a difficult situation. Some institutions find it hard to raise a new round of funds, some are experiencing significant personnel loss, and others have to transform into strategic investors. Some VCs are even considering issuing Meme coins to raise funds, highlighting the severity of the situation. In the face of this situation, many peers have chosen to leave the VC industry. Some have joined projects, while others have transformed into opinion leaders. Everyone is searching for a new way to survive. This inevitably raises the question: What exactly went wrong in the VC industry? And how can we break the deadlock? It must be acknowledged that the golden age of VC as an investment asset class has passed, whether in China or the United States. Taking Lightspeed as an example, its fund invested in 2012 achieved a 3.7

Recently, the financial markets have witnessed a series of remarkable changes, breaking the previous Bear Market expectations. The Fed's interest rate cut expectations have suddenly surged, with the probability of a 25 basis point cut in September skyrocketing to 89.1%. Meanwhile, the CFTC and SEC, the two regulatory agencies, unexpectedly began collaboration, launching the "Encryption Sprint" joint initiative, bringing new vitality to the Crypto Assets market. Citibank has also joined the discussion, pointing out that the outlook for the U.S. economy may weaken and predicting that gold prices may see a moderate increase. More notably, Trump announced that he will nominate candidates to fill the vacancies on the Fed's Board of Governors in the near future. This series of events has injected a strong dose of confidence into the market, significantly improving investor sentiment and prompting capital to start moving. The change in market atmosphere feels like the air conditioning finally turning on during a scorching summer day, providing a refreshing sensation. Despite these exciting changes, investors still need to remain cautious. While policy shifts may bring short-term benefits, the long-term market trend still depends on more factors. We need to closely monitor subsequent economic data and policy movements to better assess the market outlook. In this variable environment, flexibly adjusting investment strategies will become particularly important.