cryptocurrency project

Nearly 500,000 people broke the position of Bitcoin and completely recovered their decline after a short-term sharp dive. Bitcoin fluctuated rapidly at around 5:00 this morning, falling from 96,400 US dollars to about 94,700 US dollars, and then quickly rebounded to 96,400 US dollars. The process lasted for about 10 minutes. In the past hour, the number of cryptocurrencies in the whole network has expanded to 857 million US dollars, and more than 497,000 people have exploded in the past 24 hours.Seven Sisters | NVIDIA closed down more than 2.5%, Apple rose more than 1% and its market value exceeded 3.7 trillion US dollars. On Monday (December 9), among Magnificent 7, NVIDIA closed down 2.55%, Meta Platforms fell more than 1.6%, Amazon fell more than 0.4%, Tesla closed up more than 0.1%, and Google A and Microsoft rose about 0.5%. AMD closed down 5.57%, Lilly Pharmaceuticals fell 2.8%, TSMC ADR fell 1.9%, and Berkshire Hathaway B shares fell more than 1.4%.Bonds are almost in a bearish state. Many brokers expect the Bank of China to cut interest rates next year, and the yield of 10-year government bonds may be around 1.8%. According to the Shanghai Stock Exchange, from the perspective of many institutions in 2025, the central bank's interest rate cuts will continue. Many institutions believe that in this context, the yield of 10-year government bonds will also fall to around 1.8%. Tan Yiming, a fixed-income analyst at Minsheng Securities, believes that this year's monetary policy framework reform has been promoted, and the 7-day reverse repo rate, as the main policy interest rate, has become the starting point of the interest rate transmission mechanism. It is expected that there will be one or two interest rate cuts in 2025, and the 7-day reverse repo rate will be lowered by about 20 to 40 basis points, and the 10-year government bond yield will be 1.7% to 1.8%.

Oracle Bone Inscriptions executives said that the company still believes that the annual revenue will increase by double digits.Bitcoin fell below $95,000 and fell nearly 3% in the day. Ethereum fell more than 6% and fell below $3,600.Oracle Bone Inscriptions (ORCL.N) has an adjusted revenue of $14.06 billion in the second quarter, with an expected revenue of $14.12 billion.

National Development and Reform Commission: China's investment has considerable potential space. Chengfeng Zhao, deputy director of the Investment Department of the National Development and Reform Commission, said on the large-scale all-media talk show of "China Economic Roundtable" that China's investment has considerable potential space from the perspective of promoting the development of new quality productive forces, building a modern industrial system, and improving China's infrastructure and public services to meet people's needs for a better life. First, there is great potential for investment demand in scientific and technological innovation and industrial upgrading. On the one hand, driven by the goal of "double carbon", China's green infrastructure, green energy, green life and other green transformation areas have broad investment space. On the other hand, in line with the new round of scientific and technological revolution and industrial transformation, the investment scale of emerging and future industries such as quantum technology, artificial intelligence, low-altitude economy and aerospace in China is expected to maintain rapid growth. Second, there are still many shortcomings and weaknesses in the infrastructure field that need to be filled. To strengthen and expand the digital economy, it is urgent to appropriately advance the layout of new infrastructure such as cloud computing and data centers. Third, there is broad investment space in social and people's livelihood. (china securities journal)Hershey closed up 11%, the best one-day performance since 2016.What you need to know about the global news overnight on Tuesday: 1. China's asset carnival overnight. The Hang Seng Index closed up 3.43% and the Hang Seng Technology Index closed up 4.22% overnight. China ETF rose more than 24% when it tripled its wealth. IShares MSCI China ETF closed up 7.76%. FTSE China A50 index futures reopened after closing up 4.66% yesterday afternoon, and closed up 0.86% at night. 2. Nasdaq China Jinlong Index closed up by 8.54%, and many popular Chinese stocks rose by more than 10%. Tiger Securities rose more than 26%, Futu Holdings rose more than 17%, Billie Billie rose more than 21%, Weilai and Xpeng Motors rose more than 12%, iQiyi rose more than 11%, JD.COM rose more than 11%, Pinduoduo and Netease rose more than 10%, and Alibaba, Baidu and LI rose more than 7%. Many rooms touched the fuse many times in intraday trading, and finally closed up 52.14%. 3. The three major US stock indexes collectively closed down, with the Dow down 0.54%, the Nasdaq down 0.62% and the S&P 500 down 0.61%. Bitcoin dropped to $95,000, cryptocurrency concept stocks fell, Riot Platforms fell more than 13%, Coinbase fell nearly 10%, MicroStrategy and Bit Digital fell more than 7%. 4. OpenAI released the long-awaited AI video generation model Sora. The new product is similar to the AI tool DALL-E of OpenArt. Users input the desired scene, and Sara will give back the results of HD video editing. 5. Canadian Prime Minister Trudeau said that if Trump imposes a 25% tariff, Canada "will respond". 6. French President Mark Long will convene representatives of most political parties to hold consultations on the candidate for prime minister on the 10th. 7. A 26-year-old man was arrested in Altoona, Pennsylvania on Monday, and new york police regarded him as a suspect in the shooting of Brian Thompson, CEO of United Health Insurance. 8. The latest issue of "Barometer of Trade in Goods" released by WTO shows that the prosperity index of global trade in goods in the fourth quarter of 2024 is 102.7, which is higher than the benchmark of 100. 9. It is reported that the snack and candy company Yizi International is exploring the acquisition of Hershey, a well-known American chocolate manufacturer. This potential transaction is expected to create a food giant with a total sales of nearly 50 billion US dollars. 10. The Special Investigation Department of the South Korean Prosecutor's Office said on the 9th local time that it issued an arrest warrant against former Defense Minister Jin Longxian on the grounds of "civil strife and abuse of power". 11. Oracle Bone Inscriptions's adjusted revenue in the second quarter was $14.06 billion, and it is expected to be $14.12 billion. Oracle Bone Inscriptions fell more than 8% after hours.