Golden Afternoon Report | September 13th Noon Important Updates

Article is form Jinse
September 13, 2024
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7:00-12:00 Keywords: Tether, El Salvador, Trump

  1. Tether's net profit reached $1.3 billion in the second quarter, setting a new record.
  2. ANZ Bank: The Fed's current easing cycle will see a 200 basis point rate cut.
  3. El Salvador's President Nayib Bukele's push for Bitcoin is likely a public relations strategy.
  4. Trump: The crypto project World Liberty Financial will launch on September 16th.
  5. The Shanghai Head Office of the People's Bank of China: Exploring new models for cross-border remittance and tax payment based on blockchain technology.
  6. The use of stablecoins surged in the first half of 2024, reaching a value of approximately $2.6 trillion.
  7. Coinbase Research Director: Ethereum network activity and supply inflation are key factors behind its poor performance.
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