CZ: Some hot money is flowing back into the cryptocurrency market from AI, and the currency industry will not disappear
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Binance founder CZ stated that some hot money is flowing back into the cryptocurrency market from the AI field, and the currency related industry will not disappear. Individuals and AI will still need currency in the future.
According to Onchain Lens monitoring, the World Liberty Fi unlocked wallet transferred 175.3 million WLFIs worth approximately $9.94 million to Binance and Gate exchanges.
Due to geopolitical turmoil, the Netherlands transported 86 tons of gold worth $12.1 billion back to the country from the United States and Canada. (Watcher.Guru)
[The Federal Reserve to Release Beige Book on Economic Conditions in Ten Minutes]
According to Jin10 Data, the Federal Reserve will release the latest edition of the 'Beige Book on Economic Conditions' in ten minutes. This report compiles recent economic and labor market trends collected by the twelve regional Federal Reserve Banks across the United States.
U.S. Treasury Secretary Vincent Besant said that the goal of repurchasing treasury bond is to eliminate the bad results, and repurchases of bonds with poor liquidity and long maturities will release the balance sheet space of banks.