1. Account identity verification - everyone should have this 2. Follow the EOS Network Foundation 3. Share the event article 4. Trade EOS for 100U (for safety, 101U) 5. From the fifth step of the event page, post a 100-word article with the same #hashtag as this one
So, how to trade EOS? You can stake to a leveraged account, borrow EOS, sell it, then buy back EOS and transfer it for repayment, only spending transaction fees + interest on borrowed coins, easily participate in the event. Note: Borrowing from a leveraged account carries risks. If the staked coin rapidly depreciates or the borrowed coin suddenly spikes, there is a risk of losing coins.
The Bank of Japan will hold a policy meeting on 10/30-10/31. Will there be a rate hike this time?
The last time Japan raised rates, the global market plummeted. Will there be a rate hike this time?
The following is an excerpt from a report by Fortune Network.
The IMF, in its October World Economic Outlook (WEO) report, estimates that due to supply disruptions in the automotive industry and the diminishing one-time boost from a surge in tourism, Japan's economic growth rate will slow from 1.7% in 2023 to 0.3%, a significant downward revision of 0.4 percentage points from the 0.7% estimated in July. "With the strengthening of real wage growth, private consumption will drive economic growth, and the economy may grow by 1.1% in 2025."
The IMF's valuation assumption is based on the Bank of Japan maintaining a stable monetary policy path. "It is expected that the policy rate will continue to gradually rise towards a neutral level of around 1.5% in the medium term."
Due to stable wage growth supporting consumer spending, Japan's second quarter GDP annualized rate was 2.9%, although weak demand from China and slowing economic growth in the United States cast a shadow over the outlook for this export-dependent country.
Bank of Japan Governor Kazuo Ueda stated that if the economic and price developments align with its estimates, the central bank is prepared to raise rates further.
In the quarterly estimate released by the Bank of Japan in July, it projected that Japan's economy would grow by 0.6% in the fiscal year 2024, accelerating to 1.0% in the fiscal year 2025. The central bank will hold its next policy meeting on October 30-31, during which it will update its estimates.
Reuters reported that the U.S. Securities and Exchange Commission (SEC) has approved asset management giant BlackRock to list and trade options on the Bitcoin spot ETF on Nasdaq under the trading code "IBIT."
More price swings coming? Spot holders, please fasten your seat belts~~~ Contract, leverage and other enthusiasts should be careful about position control! ! ! $BTC
Let’s chat – Yen interest rate hike There is a way that predators play. They will lend out a currency that continues to depreciate or barely appreciates against the dollar - you ask, then what? Then he will buy US stocks or other US dollar-denominated investment products that can make profits or rarely lose money - you will ask, what is the point? Because he can obtain 1. U.S. dollar-denominated profits from the investment product itself. 2. The exchange difference from the exchange of Japanese yen at the time of sale. 3. And he only needs to pay the interest on the loan of yen. Now let's see what happens if the yen appreciates? 1. The advantage of the U.S. dollar against the Japanese yen is reduced. 2. The profitability of financial products is relatively unstable. 3. The Japanese yen interest to be paid increases.
Let me ask you, when Japan announced today that it would continue to raise interest rates, wouldn’t you make the decision to take profits?
Suppose: What if the assets bought by some giants have a large share of the pie? After all, USDT and USDC are pegged to the US dollar! To a certain extent, it can barely be regarded as a financial product denominated in US dollars.