18th Annual AGI Conference in Reykjavik

Fed rate cuts and a stronger yen: Bitcoin may once again enter a bull run As the summer vacation in the Northern Hemisphere came to an end, I went to the Southern Hemisphere for a two-week skiing trip. During this time, I mainly engaged in backcountry skiing. For friends who have never experienced this activity, it requires attaching climbing skins to the bottom of the skis in order to ascend. Once at the top of the mountain, you remove the skins, adjust your gear to downhill mode, and enjoy the fun of powder snow. Most of the mountainous areas I visited could only be reached this way. In a typical four to five hour skiing schedule, 80% of the time is spent going uphill and 20% going downhill. This activity consumes a lot of energy. The body burns calories to maintain temperature and internal balance. The legs, being the largest muscle group in the human body, are continuously working whether going uphill or downhill. My basal metabolic rate is about 3000 kcal, and with the energy required for leg movement, the total daily energy expenditure exceeds 4000 kcal.

The Fed's interest rate cut and the strengthening of the yen may lead to another bull run for Bitcoin. I recently finished my summer vacation in the Northern Hemisphere and turned to skiing in the Southern Hemisphere for two weeks. Most of the time was spent on backcountry skiing trips. For those who haven't experienced it, the process involves attaching ski skins to the bottom of the skis, allowing you to glide uphill. Once you reach the top, you remove the ski skins and adjust your boots and skis to downhill mode, enjoying the abundant powder snow. The mountain I visited could mostly only be accessed this way. A typical four to five hour skiing day consists of 80% uphill skiing and 20% downhill skiing. This activity consumes a lot of energy. The body burns calories to maintain temperature and internal balance. The legs are the largest muscle group in the body, continuously working whether climbing or descending. My basal metabolic rate is about 3000 kcal, and with the energy required for leg movements, the total daily energy expenditure exceeds 4000 kcal.

The article analyzes the current monetary policy's impact on Bitcoin, pointing out that the Fed's interest rate cuts and the appreciation of the yen will create a favorable environment for Bitcoin. Despite strong economic growth, the U.S. still needs to stimulate the market through interest rate cuts, which may trigger a new bull run.

The Fed's interest rate cuts and the strengthening of the yen may drive Bitcoin back into a bull run. I just finished my summer vacation in the Northern Hemisphere and went to the Southern Hemisphere to ski for two weeks. Most of the time was spent on backcountry skiing trips. For friends who haven't experienced it, the process involves attaching climbing skins to the bottom of the skis, allowing you to ski uphill. Once you reach the top, you remove the climbing skins, adjust your boots and skis to downhill mode, and enjoy the abundant powder snow. The mountain I went to can mostly only be accessed this way. A typical four to five hour ski day consists of 80% uphill skiing and 20% downhill skiing. Therefore, this activity has a high energy expenditure. The body burns calories to maintain body temperature and internal balance. The legs are the largest muscle group in the body, constantly working whether climbing or skiing downhill. My basal metabolic rate is about 3000 kcal, plus the energy required for leg movements, the total daily energy.

Bitcoin is expected to enter a bull run again. After recently finishing the summer vacation in the Northern Hemisphere, I went to the Southern Hemisphere for a two-week skiing trip. Most of the time was spent backcountry skiing, which requires attaching skins to the bottom of the skis to slide uphill. Upon reaching the summit, I removed the skins, adjusted my gear, and began downhill skiing, fully enjoying the abundant powder snow. A typical ski day usually includes 80% uphill skiing and 20% downhill skiing, totaling four to five hours. This activity consumes a lot of energy, and the body needs to burn calories to maintain temperature and balance. The legs, as the largest muscle group in the body, are continuously working throughout the process. My basal metabolic rate is about 3000 kcal, and with the energy required for leg movements, my total energy expenditure exceeds 4000 kcal daily. To meet the enormous energy required for this activity, a full day's food intake combination is crucial. I will have a hearty breakfast.