Crypto-friendly Senator Lummis' new Bitcoin Reserve Bill would allow the US government to hold more than 1 million BTC
Cynthia Lummis, a US senator friendly to encryption and chairman of the US Senate Banking Committees digital asset subcommittee, has resubmitted a new version of the Bitcoin Reserve Act. The latest version will allow the US government to hold more than 1 millio...
03-12 , 12:01
Goldman Sachs cuts S&P 500 end-2025 target
Goldman Sachs has lowered its year-end target for the Samp;P 500 index from 6,500 points to 6,200 points by 2025, reflecting the institutions adjustment of its fair forward price-to-earnings (P/E) ratio from 21.5 times to 20.6 times, a decrease of 4%. At the sa...
03-12 , 12:01
The U.S. Bureau of Labor Statistics will release the February CPI data at 20:30 tonight
the US Bureau of Labor Statistics will release the Consumer Price Index (CPI) report for February at 20:30 tonight (Beijing time). The market expects inflation to ease slightly but still remain above the Federal Reserves target....
03-12 , 12:01
Analysis: Bitcoin's rebound is only a minor correction rather than a dominant news drive, the market focuses on the consumer price index released on Wednesday
despite the rebound in Bitcoin prices, Presto Research analyst Min Jung believes that Tuesdays increase only represents a slight correction after the recent sharp decline in the market. We see the market recovering, but it is more like a slight rebound after ye...
03-12 , 12:01