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The article analyzes the background of the Federal Reserve potentially ending quantitative tightening and shifting towards quantitative easing, explores the current liquidity crisis facing the financial system, compares the differences between 2019 and the present, and suggests that investors hold gold and bitcoin to cope with possible monetary expansion. Summary generated by Mars AI. This summary is produced by the Mars AI model, and its accuracy and completeness are still being iteratively improved.
The article discusses the high-risk investment behavior of retail investors in South Korea, including going all-in on stocks, leveraged ETFs, and cryptocurrencies. It also examines the socio-economic pressures behind this behavior and its impact on individuals and the financial system. Summary generated by Mars AI This summary was produced by the Mars AI model, and the accuracy and completeness of its content are still being iteratively updated.
Wallets related to suspected fraudster Chen Zhi have transferred nearly $2 billion worth of bitcoin. The U.S. Department of Justice has accused him of involvement in a $14 billion crypto fraud case. Chen Zhi is currently at large, and some of the bitcoin has been seized by the U.S. government. Summary generated by Mars AI.
World App integrates Polymarket Mini App, giving users direct access to prediction markets.What This Means for Crypto AdoptionA Step Toward a Smarter Web3
- 20:11All three major U.S. stock indexes closed lower.Jinse Finance reported that the three major U.S. stock indexes all closed lower, with the Nasdaq down 0.93%, the Dow Jones down 0.71%, and the S&P 500 down 0.53%. Most large technology stocks declined, with Netflix down over 10%, Intel down over 3%, Amazon and Apple down over 1%, and Nvidia and Tesla posting slight declines; Microsoft, Google, and Meta saw slight increases.
- 20:11Polymarket to provide clearing services for DraftKings prediction marketJinse Finance reported that Polymarket will become the designated clearing institution for the prediction market to be launched by DraftKings following its acquisition of Railbird. This move marks a significant development for Polymarket in its institutional-facing clearing business. Polymarket already has a notable presence in the global retail prediction market. Industry insider Dustin Gouker believes that DraftKings' entry will have a major impact on existing platforms such as Kalshi. Previously, Polymarket had begun testing its sports betting application in the United States. Earlier that day, Polymarket also signed a multi-year licensing agreement with the American Hockey League.
- 19:43U.S. Treasury Secretary: "Significantly Enhanced" Sanctions Against Russia to Be Announced Within a DayJinse Finance reported that U.S. Treasury Secretary Janet Yellen announced that the United States plans to announce a "substantial" increase in sanctions against Russia within the next day. Following the announcement, international oil and gold prices rose. Yellen told reporters at the White House on Wednesday: "We will announce a substantial increase in sanctions against Russia after the market closes today or early tomorrow." Yellen did not specify the details of the new measures. This news comes as the White House has just abandoned recent plans for a meeting between Trump and Putin.