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Cointime News Wrapup-Afternoon: Hong Kong’s Banks Are Taking Lead on What e-HKD Will Look Like
To smooth and facilitate the reading experience for all users, we hereby compose this wrapup, especially for users who cannot check out what’s going on in a timely manner.
the market shows BTC breaking through $116,500, now trading at $116,516.93, with a 24-hour increase of 1.47%. The market is volatile, please manage risk control.
spot gold rose in the short term, breaking through $3700 per ounce, rising 0.56% intraday, hitting a new historical high again, and rising by $1076 per ounce so far this year. Market analysis believes that the acceleration of weakening US employment data supports the Fed's resumption of rate cuts in September, and the expectation of rate cuts is the key driving force for the recent rise in gold prices. Goldman Sachs stated on September 4 that if the credibility of the Federal Reserve is damaged and investors convert a small portion of their US bond holdings into gold, the price of gold could soar to nearly $5,000 per ounce.
MANTA has released an update on the repurchase of OM tokens on the X platform, disclosing the progress of its repurchase plan with a scale of $25 million. As of September 16, 19.98 million OM tokens have been repurchased, accounting for approximately 1.88% of the circulating supply.
according to CNBC, the TikTok agreement will include existing ByteDance investors, and the TikTok transaction is expected to be completed within 30 to 45 days. Oracle will retain the TikTok cloud service agreement under the new agreement.
Trump: is calling Milan to discuss Senate confirmation matters. Just signed a document appointing Milan as a director of the Federal Reserve, which will be transferred to the Federal Reserve. The Federal Reserve needs to be independent.
Chief Financial Officer of Bank of America stated that legislative clarity allows us to develop stablecoins for customers. We can develop them on our own or collaborate with the industry.
The Republican candidate laid out a plan for crypto policies should he win in November against prospective Democratic presidential nominee Kamala Harris.
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