Fed rate cut sparks Bitcoin surge, China follows
The Fed’s 50 basis point rate cut sparked a 5.2% Bitcoin surge, while China’s easing had little impact. U.S. monetary policy continues to drive crypto markets.
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The Fed’s 50 basis point rate cut sparked a 5.2% Bitcoin surge, while China’s easing had little impact. U.S. monetary policy continues to drive crypto markets.
This report analyzes on-chain activity of the most popular DeSoc applications from 2021, including Farcaster, Friend.tech, DeSo, and more. The report also delves into the narratives and growth strategies driving adoption of DeSoc applications.
Interactive innovation (Frames) + airdrop incentives (DEGEN) have initially opened Farcaster’s growth flywheel.
The publication has allocated around 390,000 for the development of its NFT platform and is welcoming blockchain specialists to participate in the project.
The company is also known for its involvement in blockchain technology as a founding member of China's state-backed Blockchain-based Service Network.
Bitcoin (BTC) bulls have managed to stabilize the asset’s price above $16,000, extending its consolidation around the level.
Sequoia China is known for backing many crypto firms, including the troubled crypto lender Babel Finance, which halted withdrawals in mid-June.
On November 1st, at the 4th China International Import Expo, Bank of China will take multiple measures to popularize the knowledge of digital renminbi: place it in many eye-catching places in the venue, post digital currency single pages and posters, let the basic knowledge of digital currency, open channels, How to use it is clear at a glance.