Search results for "CFI"

Tim Beiko proposed to update EIP 7723, which does not involve any core protocol changes to the Ethereum network.

Odaily Planet Daily News EF (Ethereum Foundation) protocol support leader Tim Beiko shared a proposal to update EIP 7723. This EIP is not a change to the core protocol of the Ethereum. It outlines the various stages that EIPs affecting the Ethereum protocol must go through before being activated in a network-wide upgrade. Beiko suggests that EIPs marked as 'Considered for Inclusion' or CFI should be considered as EIPs that developers plan to include in a development network (including any future development networks). Secondly, EIPs marked as 'Scheduled for Inclusion' or SFI should be considered as EIPs that developers plan to upgrade in the next upcoming development network.
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Federal Reserve Bank of the United States: Although the encryption market will recover in 2023 and 2024, the holding of Crypto Assets continues to decline.

Despite the gradual recovery of the Cryptocurrency market, research from the Federal Reserve Bank of the United States shows that the holding rate of Cryptocurrency has not shown a corresponding rise. The CFI report indicates that during the Bear Market of 2022, the holding rate of Cryptocurrency decreased from 24.6% in January to 19.1% in October. During the subsequent 18-month market recovery period, the holding rate did not show a significant increase, further declining to 15.4% in January 2024. Even when the BTC price reached its peak, the holding rate was only 16.1%.
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Fed Survey: Cryptocurrency Ownership Rates Did Not Rise with Market Recovery, But Purchase Intentions Rose

The Consumer Finance Institute (CFI) of the Federal Reserve Bank of Philadelphia reported that despite the market's recovery, the Cryptocurrency ownership rate has gradually declined from January to October 2022, dropping to 19.1%. However, this year's price pump may drive an increase in future purchasing intentions, with 21.8% of respondents indicating that they may purchase Cryptocurrency by April 2024.
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Middle East tension escalates, oil prices rise in the Asian session

On July 29, Jinshi Data reported that due to the possibility of supply disruptions caused by the tense situation in the Middle East, oil prices in the Asian market rose slightly in early trading. Earlier, the Israeli government authorized retaliatory strikes against Hezbollah in Lebanon. Last Saturday, Hezbollah launched an attack in the Israeli-controlled Golan Heights, resulting in the death of 12 young people. George Khoury, Director of CFI Global Education and Research, said that the geopolitical situation may continue to affect the market. Khoury added that several factors could exacerbate oil price fluctuations, including changes in importers' demand.
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Analyst: Japanese bond yields and the yen are expected to continue to rise

On July 24th, Jinshi data, CFI research director George Khoury said that due to the Central Bank of Japan will review its policy next week and may raise interest rates, Japanese government bond yields and the yen may continue their recent rise. He said, "As the Central Bank of Japan normalizes and tightens its monetary policy, yields may especially continue to rise." The market may also react to the data released before the meeting. According to institutional data, there is a divergence in the market's expectations for the Central Bank of Japan's decision next week, with a slight tendency in the market to expect the Central Bank of Japan to raise interest rates.
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