Best Twitter threads of the day – August 30th

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• China holds rates amid economic uptick: Smart move?

  TL;DR Breakdown China has kept its benchmark lending rates steady despite signs of economic recovery and a weakening yuan. The one-year loan prime rate (LPR) remains at 3.45%, and the five-year LPR is at 4.20%. The recent decline of the yuan against the dollar has prompted China to take measures to stabilize the currency. Description China’s decision to anchor its benchmark lending rates, despite visible economic progress and a weakening yuan, has stirred the financial waters. Many ask, is this a sign of unwavering confidence or a potentially perilous move? Economic Stabilization Triggers Pause in Monetary Easing Amid speculations, China’s financial arm decided to keep its lending rates steady. This … Read more China’s decision to anchor its benchmark lending rates, despite visible economic progress and a weakening yuan, has stirred the financial waters. Many ask, is this a sign of unwavering confidence or a potentially perilous move? Economic Stabilization Triggers Pause in Monetary Easing Amid speculations, China’s financial arm decided to keep its lending rates steady. This move might seem counter-intuitive to some, especially when the world’s second-largest economy…

  Article 2023年9月21日

• Has Silicon Valley reached the end of the tunnel?

  TL;DR Breakdown Uber reports its first-ever profit, signaling a potential shift in Silicon Valley’s approach. The 2010s saw Silicon Valley prioritizing aggressive growth, often at the cost of sustainability. Modern tech CEOs now emphasize sustainability and responsibility, though underlying incentives remain the same. Description The recent announcement of Uber’s first-ever profit was more than a milestone for the company – it was a potential signifier of a changing landscape in Silicon Valley. A shift in mindset from unbridled growth to fiscal responsibility and sustainability is on the horizon, but has Silicon Valley truly transitioned? From ‘cash burn’ to cash … Read more The recent announcement of Uber’s first-ever profit was more than a milestone for the company – it was a potential signifier of a changing landscape in Silicon Valley. A shift in mindset from unbridled growth to fiscal responsibility and sustainability is on the horizon, but has Silicon Valley truly transitioned? From ‘cash burn’ to cash flow: A Silicon Valley evolution Silicon Valley, during its boom in the 2010s, was notorious for an aggressive “grow at all costs” strategy….

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• Top crypto tweets of the day – June 13th

  Contents hide 1 The judge in the SEC/Binance matter just issued a new order, trying to broker a compromise 2 US dollar dominance at risk 3 Jack Dorsey believes technology like Nostr and Bitcoin is the most important way to protect freedom 4 Bitcoin balances on exchange deplete 5 Apple threatens to remove “Damus” from App Store 6 Adoption to skyrocket if crypto survives the regulatory storm 7 The Bank of China has just issued tokenised securities on Ethereum 8 Polygon announces version 2.0 9 eToro delists MATIC and other tokens flagged as securities by the SEC 10 Vitalik Buterin was exposed for engaging with the SEC before Hinman’s speech 11 Coinbase invited to apply for a licence in Hong Kong 12 Website inscribed on Bitcoin 13 Atomic Wallet hackers deposit $40k in null contracts The judge in the SEC/Binance matter just issued a new order, trying to broker a compromise SEC/Binance Newsflash The Judge in the SEC/Binance matter just issued a new order, clearly trying to broker a compromise with a temporary consent decree pertaining to Binance-related assets in…

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• SEC deems Bitcoin ETF filings inadequate

  TL;DR Breakdown The U.S. Securities and Exchange Commission deemed recent spot Bitcoin ETF applications as inadequate due to lack of clarity and comprehensiveness. This caused a decline in the value of Bitcoin and other cryptocurrency-related stocks. The SEC has requested exchanges to revise and refile their applications. Description The United States Securities and Exchange Commission has found a slew of applications submitted by asset management firms, with intentions to establish spot bitcoin exchange-traded funds (ETFs), lacking in clarity and comprehensiveness. This news, first reported by the Wall Street Journal, has signaled an impending halt to the development of these funds and sent ripples … Read more The United States Securities and Exchange Commission has found a slew of applications submitted by asset management firms, with intentions to establish spot bitcoin exchange-traded funds (ETFs), lacking in clarity and comprehensiveness. This news, first reported by the Wall Street Journal, has signaled an impending halt to the development of these funds and sent ripples through the cryptocurrency and blockchain-related markets. Spot Bitcoin ETF applications: A deep dive Asset management giants like BlackRock and…

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• Aptos price analysis: APT surges by 6 percent as bulls take control

  TL;DR Breakdown Aptos price analysis shows a bullish trend. At the time of writing, APT is at the $8.99 mark. Support for APT is present at $8.46. Aptos price analysis shows a strong bullish sentiment that has pushed the price up 6 percent in the past 24 hours. The bullish pattern has been established over the past hours as buyers have taken control of the market. This surge in price has allowed APT to break through support levels at $8.46 and is currently sitting at the $8.99 mark. The resistance level is currently situated at $9.20. If the bulls can break through this level, it could lead to a further surge in price and possibly surpass the $10.00 milestone in the near future. On the other hand, if the price fails to break through this resistance level, it could lead to a slight retracement as traders take profits off the table and wait for further confirmation of an uptrend. APT/USD 24-hour chart: Aptos consolidates near the flag’s resistance at $9.04 The 4-hour chart for Aptos price analysis shows that the…

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