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Crypto-Linked Stocks Are Falling Today: What's Going On?
Federal Reserve's Daly criticizes Cryptos: they cannot be equated with Gold, and are still far from becoming a 'currency'!
① San Francisco Fed President Daly believes that Cryptos should be seen as an independent asset class, rather than being mixed up with Gold. ② Daly stated that Cryptos are complex and are not yet ready to become "currencies."
Top Gap Ups and Downs on Monday: AR, DJT, MSTR and More
U.S. stocks closed: The S&P and Nasdaq fell more than 1% for two consecutive days as the shadow of the debt ceiling looms.
① The three major indices of the US stock market continue to decline, with most tech giants weakening, and Chinese concept stocks generally closing lower; ② The issue of the USA debt ceiling is back on the table, pressuring market sentiment; ③ Ackman "promotes goods," leading to a surge in the stock prices of Fannie Mae and Freddie Mac; ④ Hesai Technology's Lidar delivery has reached a milestone.
Is confidence in the Call weakening? MicroStrategy (MSTR.US) continues to see a decline in weekly Bitcoin purchases.
MicroStrategy's latest Bitcoin purchase data was disclosed on Monday, indicating a further decrease in its weekly purchasing volume compared to before.
Tech, Media & Telecom Roundup: Market Talk
