BNB falls below the $1000 mark
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Binance BNB/USDT is currently trading at $976.69, with a 5-minute drop of 11.77%. Please be aware of the market fluctuations.
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Binance BNB/USDT is currently trading at $976.69, with a 5-minute drop of 11.77%. Please be aware of the market fluctuations.
[Director of the U.S. National Economic Council Hassett Predicts a Golden Year for the Economy] Director of the U.S. National Economic Council Hassett stated that unless a 'black swan' event occurs, the U.S. will experience a golden year in its economic history. He mentioned that if the growth rate in the first and second quarters of next year is only 3%, it would be disappointing, and he believes the growth rate could easily increase by another percentage point. Hassett also predicted that Federal Reserve policymakers would lower interest rates at next week's meeting and noted that now is a good time for the Federal Reserve to cautiously cut rates.
[ZhuDi Holdings and Hong Kong Polytechnic University Establish Stablecoin Research Center] Hong Kong-listed company ZhuDi Holdings has invested HKD 1.7 million to establish a stablecoin research center with Hong Kong Polytechnic University. The center will focus on the development of regulatory-compliant stablecoins and real-world asset (RWA) tokenization. Its objectives include formulating an RWA framework aligned with Hong Kong's 'Stablecoin Bill' and 'Virtual Asset Policy Statement 2.0,' as well as promoting innovations in AI-driven tokenization and real-time asset valuation models.
[Strategy CEO Denies Rumors of Inability to Fulfill Dividend Obligations] Phong Le, CEO of Bitcoin treasury company Strategy, stated in an interview with CNBC that there is no issue with Strategy's ability to pay dividends. However, rumors have been spread claiming the company is unable to fulfill its dividend obligations, leading to market shorting of Bitcoin. Phong Le revealed that Strategy has established a $1.44 billion dividend reserve fund, which was raised in just eight and a half days. This amount is equivalent to 21 months of dividend payments, aimed at dispelling fear, uncertainty, and doubt, and demonstrating the company's ability to quickly raise funds even during Bitcoin's downtrend cycles.
The data shows that Bitcoin activity has recently increased, and analysis suggests that this trend may be related to changes in market sentiment. （Cointelegraph）
[Binance Updates December Proof of Reserves, BTC Reserve Ratio at 102.11%] Binance released its December proof of reserves, showing a BTC reserve ratio of 102.11% with a wallet balance of 630,677.19 BTC; a USDT reserve ratio of 109.16% with a wallet balance of 37.447 billion USDT; an ETH reserve ratio of 100% with a wallet balance of 4.0414 million ETH; and a BNB reserve ratio of 112.32% with a wallet balance of 44.279 million BNB.