China is considering allowing the use of RMB-backed stablecoins for the first time to strengthen the internationalization process of the RMB. The State Council of China will review and possibly approve a roadmap later this month to promote the use of the RMB globally, including keeping pace with the U.S. push for stablecoins. They stated that the plan is expected to include usage targets for the RMB in global markets and outline the responsibilities of domestic regulators, adding that the roadmap will also include risk prevention guidelines. A source said that senior leaders in China are expected to hold a study meeting as early as the end of this month, focusing on the issues of RMB internationalization and stablecoins, both of which are increasingly receiving global attention. At this meeting, senior leaders may deliver speeches to set the tone for stablecoins and clarify their applications and developmental boundaries in business. According to sources, against the backdrop of the growing influence of cryptocurrencies pegged to the U.S. dollar in global finance, Beijing sees financial innovation, especially stablecoins, as a promising tool for RMB internationalization. #杰克逊霍尔会议 #OKB #比特周周
AI artificial intelligence is the trend of the future. The popular sectors in the bull market of 2021 are DeFi and Web3.
In this raging bull market, the popular sector is the AI series. Next is the BTC ecosystem and gaming finance.
Federal Reserve Governor Waller: The Federal Reserve is studying the application of tokenization and artificial intelligence in the payment field. The Federal Reserve can benefit from more contact with innovators. The evolution of payment systems is a story of technological advancement. #Aİ #牛市进行中… #比特周周
et4060 is the bottom. Continuing to push for new highs I have positioned long. The clones are also following. I posted about it before. Just that Binance won’t promote it. Brothers, give me a follow. Keep up and profit #加密市场回调 #杰克逊霍尔会议 #比特周周
Binance does not recommend, what should we do brothers? Give me some attention to get popular. Profitable trades. Binance won't promote me. 😩😩😩$BTC $ETH #比特周周
比特周周btczhou66
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Bullish
Reached expectation and laid out multiple long positions
I am in the Binance Futures Chat Room. In the upper right corner of the futures interface, click the three dots to open, there is a chat room. Enter the room number 3931528 to join. #比特周周
Why do ancient giant whales frequently awaken after I get in the car? Why do institutional buyers stop buying after I go long? Why did Trump suddenly urge for interest rate cuts after I stopped my losses? Did my position cause repeated inflation in the U.S. economy? Why are there all sorts of negative news when I buy? —————————— From the wails of retail investors. $BTC $ETH #比特周周
Why did the ancient giant whale frequently awaken after I got in the car? Why did institutional buyers stop buying after I went long? Why did Trump suddenly urge for interest rate cuts after I stopped my losses? Did my position cause repeated inflation in the U.S. economy? Why are there all kinds of negative factors when I buy?
The wailing from retail investors.
The market continues to rise after the pullback; as for where it pulls back to, I have analyzed that before. Combining the 4-hour and daily candlestick charts, and the liquidation chart. #加密市场回调 #比特周周
$ETH ETH has been rising for a while, over 3000 ETH. Once it breaks 4000, we look to 4500-4800-5000. Now it has reached 4500. However, 4500 is not the top.
Tonight's CPI is favorable, and the US stock market is surging. Thus, the crypto market is also rising. There are expectations for a rate cut in September, which is positive.
$ZORA Zora experienced a minor pullback. The overall trend remains bullish. Other altcoins are also bullish. I currently have 114 positions, all long. Only a few have seen small losses.
Before $SWARMS has always recommended the AI series. Previous posts have also recorded this. Now it's taking off, eating meat. I have always been optimistic about the AI series.
Follow me, playing with coins is very simple $AIXBT $COOKIE #比特周周
The $ai series has launched. swarms avaai xny leads the charge. I've been recommending the AI and gaming sectors. Time to reap the rewards ahead of time. $AIXBT #Aİ #比特周周
比特周周btczhou66
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Bullish
Continue to recommend the counterfeit ai sector and the aiagent sector fet arkm io near, fartcoin, ai16z, cookie, swarms, aixbt, virtual, prompt. etc. #BTC突破12万大关 #比特周周 #Aİ