SakiCoin
Open Trade
Frequent Trader
1.1 Years
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🐘 The teacher is working too hard!
So fake, just go up after the point kill
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It's just political donations😁
Binance News
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UN Assistant Secretary-General calls for exploration of cryptocurrencies to promote human development
According to ChainCatcher, UN Assistant Secretary-General Kanni Vignaraja called for exploring how cryptocurrencies, CBDCs, and stablecoins can advance human development.
Noting that Bitcoin and Ethereum peaked at $3.9 trillion in market value in December, Vignaraja suggested investigating whether some of the funds could be used to support education, healthcare, skill development and job creation.
She stressed that digital currencies need to support development while ensuring financial stability, and suggested that development organizations test cryptocurrency funds under strict supervision. Blockchain transparency helps strengthen accountability and curb corruption.
Noting that Bitcoin and Ethereum peaked at $3.9 trillion in market value in December, Vignaraja suggested investigating whether some of the funds could be used to support education, healthcare, skill development and job creation.
She stressed that digital currencies need to support development while ensuring financial stability, and suggested that development organizations test cryptocurrency funds under strict supervision. Blockchain transparency helps strengthen accountability and curb corruption.
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Stagnation
金十数据APP
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Wall Street Tycoon Warns: Stagflation is the Federal Reserve's Deadly Nemesis
Earlier this week, renowned economist Peter Schiff sharply analyzed the current state of the global economy, criticizing the shortsightedness of retail investors and Wall Street, and painting a doomsday scenario of fiscal disorder in the U.S.
Regarding the valuation of gold stocks, Schiff points out that the market has a systemic misjudgment:
"Retail investors have almost never made the right judgment about any asset. Since their cognitive bias towards gold has reached a historical extreme, this instead foreshadows an epic bull market for gold. The truth behind the current rise in gold prices against the trend is: when retail investors sell gold, central banks are frantically accumulating it. However, central banks only buy physical gold, not silver or gold stocks. Wall Street institutions always assume that future gold prices will be much lower than the current price when pricing gold stocks. They do not believe that this bull market can last, so even if gold prices continue to rise, they still refuse to increase their holdings of gold stocks."
Regarding the valuation of gold stocks, Schiff points out that the market has a systemic misjudgment:
"Retail investors have almost never made the right judgment about any asset. Since their cognitive bias towards gold has reached a historical extreme, this instead foreshadows an epic bull market for gold. The truth behind the current rise in gold prices against the trend is: when retail investors sell gold, central banks are frantically accumulating it. However, central banks only buy physical gold, not silver or gold stocks. Wall Street institutions always assume that future gold prices will be much lower than the current price when pricing gold stocks. They do not believe that this bull market can last, so even if gold prices continue to rise, they still refuse to increase their holdings of gold stocks."
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Those who can win, will win
Binance News
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Whale Goes Long on 5184 BTC with an Unrealized Loss of $30.5 Million
According to BlockBeats, on February 3rd, a certain whale (@Jason60704294) took a long position of 5184 BTC, with a liquidation price of $85,586, currently facing an unrealized loss of $30.5 million.
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BinanceAlphaPoints
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#BinanceAlphaPoints
Hidden secrets of Alpha Points on Binance that few know
Do you have accumulated Alpha Points but don't know how to make the most of them? Discover these curious facts that will make you see them in a different light 👀
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