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Analysis: Global debt continues to rise, Bitcoin benefits from the decline in fiat currency purchasing power
BlockBeats news, on September 26, according to Forbes, Bitcoin once approached $90,000 earlier this month. Meanwhile, global debt continues to rise, and the "currency depreciation trade" driven by the decline in fiat currency purchasing power has become one of the factors pushing up assets like Bitcoin and gold.
According to data from the Institute of International Finance, global debt increased by $10 trillion in the first half of this year, surpassing $365 trillion in total. The US debt has e
An address spent $3,207 to buy 10 million PAID tokens 10 days ago, with a return rate exceeding 134 times
BlockBeats news, on September 26, according to on-chain analyst Ai Yi (@ai_9684xtpa), the address 4RS3H…Ldq2Z spent $3,207 to buy 10 million PAID tokens 10 days ago, with an average cost of only $0.0003197. As PAID hit a new all-time high today, this address currently has an unrealized profit of about $437,000, with a holding return rate exceeding 13,493%.
A certain whale established a $9.35 million ZEC long position in about 15 minutes
BlockBeats news, on September 26, according to TradingBeats monitoring, early this morning, Boomer (@solanadoomer1) address 0xbf73…75d58 bought 6000 ZEC in batches within about 15 minutes, establishing a long position of approximately 9.35 million USD, with an average entry price of about 1558.90 USD.
As of 16:26 today, the address still holds 6000 ZEC, with a position value of about 9.18 million USD, a floating loss of about 171,000 USD.
In addition, the address also established long position
Trump's approval rating drops to 37%, Republicans grow increasingly concerned about the midterm elections
BlockBeats news, on September 26, according to The Wall Street Journal, about 5 weeks before the U.S. midterm elections, Trump predicted to those around him that the Republican Party would perform better than expected in November, but Republican candidates, strategists, and lawmakers are increasingly worried about the election situation. The latest Wall Street Journal poll shows Trump's approval rating has dropped to 37%, the lowest level for any incumbent president before a midterm election sin
Iranian President: We no longer trust negotiations with the United States
BlockBeats news, on September 26, according to Al Jazeera, Iranian President Raeisi stated that Iran "no longer trusts negotiations with Washington" because after every negotiation, the US repeatedly launches attacks and imposes sanctions. Qatar and Pakistan are currently mediating between Iran and the US, conveying Tehran's messages to Washington. Raeisi also said that the negotiations are based on a memorandum of understanding previously signed by the two countries and added that the Americans
Fidelity Executive: Power Law Model Indicates Bitcoin May Have Started a New Bull Market, Could Rise to $300,000 by 2029
BlockBeats news, on September 26, Jurrien Timmer, Global Macro Director at Fidelity Investments, posted that the Bitcoin power-law model shows that after Bitcoin holds above $60,000, a new cyclical bull market is unfolding. According to this model's projection, Bitcoin's target price will reach $300,000 by 2029.
The Bitcoin power-law model is a long-term valuation framework that posits a power function relationship between Bitcoin's price and time or network adoption scale. This model fits hist
The probability of the Federal Reserve raising interest rates by 25 basis points in October is currently reported at 64.2%
BlockBeats news, on September 26, according to CME "FedWatch" data, the probability that the Federal Reserve will keep interest rates unchanged in October is currently 35.8%, while the probability of a 25 basis point rate hike is 64.2%.
Long.xyz launches "LONG 500", a new stock pairing fee of 5% will be injected into Meme coin AI reserves
BlockBeats news, on September 26, Robinhood Chain's meme coin issuance platform Long.xyz announced the launch of "LONG 500," aiming to build a financial layer for the on-chain stock community. Its goal is to become the "S&P 500 index in the tokenized stock field" and to establish the AI community treasury as a diversified reserve held by the community on Robinhood Chain.
LONG currently supports over 70 tokenized stocks. In the future, each newly launched stock pair trading pool will directly in
