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Customized wealth management empowers your assets growth
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Customized asset management to grow your digital assets
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Top asset management team helps you profit without hassle
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Today I saw some news worth following.
METAPLANET is making significant moves, directly using Bitcoin assets to secure a $100 million loan, with the aim of continuing to buy coins. On the other hand, Japanese listed company REMIXPOINT is also active, increasing its holdings by 29.46 BTC, and now has a total of 1411.29 BTC.
On the macro front, the US October ADP employment data has been released, showing an increase of 42,000 jobs, which is slightly better than market expectations. This figure will somewhat influence the Federal Reserve's decision-making pace. Speaking of the Federal Reserve, the market currently bets on a 62.5% probability of a 25 basis point rate cut in December, which basically amounts to a 50-50 chance slightly leaning towards a rate cut.
The crazy posture of these institutions hoarding coins, along with the expectation that the Federal Reserve may inject liquidity, indeed sparks imagination.