During a keynote at the 2024 Tsinghua Wudaokou Chief Economists Forum in Beijing, former Chinese finance minister Lou Jiwei emphasized the need for China to thoroughly assess developments in the cryptocurrency space. As reported by Sina Finance, Lou discussed the potential risks that cryptocurrencies pose, particularly in terms of global financial stability, noting their volatility […]
Speculation has been swirling online that the FTX bankruptcy estate will begin distributing reimbursement funds to creditors and customers on September 30. However, this information is inaccurate, as no reimbursement plan has been given legal approval at this time. As per the most recent Chapter 11 filing, the next court hearing to confirm the restructuring […]
Bitcoin’s price is poised to benefit from the upcoming U.S. presidential election, no matter who wins, according to CK Zheng, the chief investment officer at ZX Squared Capital. Historically, Bitcoin has seen strong fourth-quarter gains following its halving events, and this trend is expected to continue. Zheng pointed out that both U.S. political parties have […]
