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Gold prices saw a decline as the US dollar gained strength and bond yields rose following comments from the Federal Reserve. Neel Kashkari, the President of the Federal Reserve Bank of Minneapolis, stated in a speech on Monday evening that he anticipates at least one interest rate hike in 2023, with the possibility of rates remaining elevated until 2024. These...
The Second People's Intermediate Court of Shanghai has officially recognized Bitcoin as a unique digital asset that cannot be replicated, characterized by its scarcity and intrinsic value. On September 25th, the court issued a discussion report on the development of internet technology. The report highlights that, with the advancement of internet technology,...