Gate
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U.S. 4-Month Treasury Auction Bids-to-Cover Ratio as of July 23
U.S. 4-Month Treasury Auction Bids-to-Cover Ratio as of July 23
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Tornado Blast is a Blast L2-native bot to trade and snipe tokens. User can earn $BLAST, $TRNDO & revenue share reward.
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Crypto Assets Market Weekly: Bitcoin Rebound Continues, Dollar Index Hits New Low This week, Bitcoin (BTC) continued its upward momentum, opening at $83,733.07 and closing at $85,177.34, with a weekly increase of 1.72% and a volatility of 4.06%. This is the second consecutive week BTC has achieved a rebound, but there is insufficient upward momentum in the market, and trading volume has noticeably shrunk. Currently, the BTC price has been operating outside of the descending channel for two consecutive weeks and is testing the 200-day moving average, a key technical indicator. In terms of the global economic situation, the U.S. government is advancing the "reciprocal tariff war" to its second phase - "negotiation". However, the preliminary negotiation results with Japan were not as expected, putting the U.S. government in a difficult position. Major trading partner countries have taken a tough stance, while secondary target countries are gradually shifting to a hardline attitude. These countries generally adopt a strategy of trading time for space, as the U.S. grapples with tariff issues with the entire...
The price of Bitcoin recently fell sharply to $56,000, with selling pressures primarily coming from Bitcoin sold by the German government, compensation from Mt. Gox, and miner dumping. Potential buying is being provided by U.S. Bitcoin Spot ETF investors, with expectations that interest rate cuts and the U.S. elections will drive long-term buying. The market will follow the performance after the ETF resumes trading on July 5 to determine if there are buying opportunities. Overall, the market panic is due to special events and is expected to gradually be absorbed within two months.
Recent tariff policies have triggered a global economic chain reaction, affecting not only trade but also exacerbating the liquidity crunch of the US dollar, which may lead to a rise in US Treasury yields and increased financing costs. At the same time, investors may turn to Bitcoin and stablecoins in search of anti-inflation assets, creating new opportunities and challenges in the financial markets.
Game content is king, the founding couple reshapes "Neo Pets". The founders of "Neo Pets", Adam Powell and Donna Williams, are developing a Web3 game called Dragginz. This game combines "pet raising" with "open world" elements, aimed at attracting global players who can participate without needing cryptocurrency knowledge. Dragginz is built on the Internet Computer blockchain, using a reverse Gas model, allowing players to play without paying Gas fees and without realizing that the game is based on blockchain. The game will remain free-to-play, without any advertisements or sponsorships. The only motivation for players to stake tokens and participate in governance is their confidence in the game's potential and their desire to be involved. Although the game has not yet been released, its governance token
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