Data Gold March 4th News, the Atlanta Fed's GDPNow model's forecast for the US economy has recently experienced a cliff-like decline, with its estimate for the actual GDP growth rate (seasonally adjusted annual rate) for the first quarter of 2025 being -2.8%, lower than -1.5% on February 28th, and the forecast values for actual personal consumption expenditure growth and actual private fixed investment growth in the first quarter of the United States have dropped from 1.3% and 3.5% to 0.0% and 0.1%, respectively. The GDPNow model is updated every few days, with the frequency depending on the update of high-frequency data. Generally speaking, the closer it gets to the actual data release date, the more comprehensive the information, and the smaller the prediction error. GDPNow does not have subjective adjustments, and the evaluation is entirely based on the mathematical results of the model. However, the model's continuous estimation of actual GDP based on real-time data is still widely recognized by researchers.

Odaily planet daily news Bloomberg senior ETF analyst Eric Balchunas wrote on the X platform that the tweet released by SBF is questionable whether it was written by himself. He said: 'If it is really SBF who posted the tweet, then it's too strange (to be honest, a bit paranoid), publishing a speech that sounds like it was written by artificial intelligence about layoffs, rather than first admitting something like having been in jail, a strange guy.'

Gold News reported that Luca Netz, CEO of 'Pudgy Penguin,' stated on the X platform that the next step for MEME coin is social currency. Social currency is productive MEME, whose mission is to transcend culture. Social currency is not inactive (like most MEMEs do), but is embedded in people's daily lives, constantly breaking through the boundaries of role adoption and diffusion. Obviously, this is the next step for the entire category. Meaningless MEMEs that exist only in the form of images and communities are harmful to the MEME movement and the development of Cryptocurrency.

Meme coins like 'Dogecoin' have continuously appreciated due to factors such as the celebrity effect, attracting more and more investors. However, the market carries significant risks and lacks regulatory mechanisms. Investors need to understand financial instruments and mitigate risks. It is recommended to strengthen regulatory policies.

Odaily planet daily news Partner Chris Burniske in X stated that I don't think the cycle has peaked, it's more like a mid-term pullback in the Bull Market, the pullback is so large that it makes everyone doubt life. It's like in April, May, and June 2021, when the decline of various Tokens was between 50%-80%, many people said the Bull Market was over, those who shouted at the top were proud, but then the market in 2021

JPMorgan released a report stating that Ethereum (ETH) lacks the market appeal of being a "digital gold" like Bitcoin (BTC). Additionally, Ethereum faces fierce competition from blockchains such as Solana, leading to its underperformance compared to BTC and other competing chains. Furthermore, Ethereum may face issues such as decreasing money laundering revenue and increasing inflation. However, Ethereum still maintains its leadership in stablecoins, decentralized finance (DeFi), and asset tokenization, and competition is expected to continue.

Oxford University Gazette reported that an international research team has confirmed the existence of a 'super-earth' planet with a mass 6 times that of Earth near the habitable zone of a sun-like XLM, named HD20794d, approximately 20 light-years away from Earth. Its orbit is within the habitable zone, where the surface can sustain the existence of liquid water, providing more clues for the search for earth-like exoplanets suitable for life.

Gold Finance reported that Powell of the Federal Reserve said that this week's CPI data is very good. If there is more data like this, the Federal Reserve may cut interest rates in the first half of the year and cannot rule out the possibility of a rate cut in March. If the inflation rate declines, the extent of the rate cut by the Federal Reserve may be higher than market expectations.

Reaksi positif poundsterling terhadap data inflasi Inggris yang lebih rendah dari yang diharapkan menunjukkan bahwa poundsterling bergerak sejalan dengan biaya pinjaman di pasar negara berkembang. Hal ini menunjukkan bahwa poundsterling saat ini berperilaku seperti mata uang pasar negara berkembang, lebih sensitif terhadap prospek biaya pinjaman jangka panjang daripada jangka pendek Bank Sentral.

Odaily Planet Daily News According to Edmund Moy, a senior IRA (Individual Retirement Account) strategist at the US Money Reserve, the main distributor of precious metals issued by the US federal government, on the surface, BTC could compete with gold because they are both alternative assets that can help reduce risk in traditional investment portfolios. Cryptocurrency has long been touted as "digital gold" by many, and Federal Reserve Chairman Powell recently stated that BTC is "just like gold". Edmund Moy berpendapat bahwa 'perbedaan mereka lebih besar daripada kesamaannya', 'korelasi antara emas dan BTC tidak begitu kuat.' Dalam menghadapi ketidakpastian dalam setahun ke depan, ini mungkin menjadi alasan yang paling kuat bagi investor untuk memegang keduanya. Meskipun demikian, Edmund Moy

Odaily Planet Daily News, founder of ai16z, Shaw, wrote on X platform: "I really don't like pointing out other people's problems publicly. Doing so is a huge risk for our project, it will make many people nervous, and I don't want to discourage developers who are working hard. But some people will steal other people's work and try to take credit for it." Tautan yang dilampirkan oleh Shaw adalah sebuah artikel Reddit yang dipublikasikan pada bulan Agustus 2023, yang menunjukkan tanda-tanda mencuri hasil karya orang lain di dalam repo Github tertentu yang dimiliki oleh pengembang Swams.

Berita Gold Finance melaporkan bahwa Vitalik memberikan dukungan untuk Polygon yang dapat mempertahankan stabilitas (biaya rendah) dan mendukung aplikasi penting seperti Polymarket melalui balasan di Twitter.

Odaily Planet Daily News According to former Goldman Sachs executive and founder of macro research firm Real Vision, Raoul Pal, in a post on X, he said, "So it looks like Michael Saylor and I have reached Konsensus again. I also believe that BTC is a pristine asset. He also believes that tokenization of all assets, cultures, etc. will occur, and they are not the same. In the end, it will usher in a era of BTC.

Odaily Planet Daily News Founder of Into The Cryptoverse Benjamin Cowen stated in a post on X: "It looks like the grand finale of the AltCoin reckoning is finally here. AltCoin reckoning should end in December 2024 (at the latest in January 2025)."

Odaily Planet Daily News, SoftBank CEO Masayoshi Son said that regarding artificial intelligence and companies like Nvidia, although some may claim that Nvidia is facing difficulties, he believes that the market is just overestimating its value too early; in fact, he believes that Nvidia is currently undervalued. And he predicted that if artificial intelligence can replace 5% of global GDP in the next ten years, it will contribute about 9% annually.

Odaily Planet Daily News, Guersley of the Federal Reserve said that it is reasonable to start lowering interest rates by an amount of 50 basis points, and the Federal Reserve is returning to a normal dual mandate mode. The current Suku Bunga level is hundreds of basis points higher than the neutral Suku Bunga. Before the recent interest rate cut, the decline in inflation meant that the Federal Reserve has been tightening policy. If the situation continues like this, the future 12

Golden Finance reported that Starknet on X platform announced that Starknet v0.13.2 is online on the testnet and will be launched on the Mainnet in a week. Starknet stated that previously, like most blockchains, transactions were processed sequentially, meaning each transaction was processed one by one, with each transaction waiting in a queue for its turn. Slow and inefficient, Starknet can now execute multiple transactions simultaneously, without waiting for each transaction to complete individually. Unrelated transactions can be executed simultaneously because they do not interfere with each other.

Musk mengatakan bahwa karena "penghancuran nilai", dolar menjadi seperti dolar Zimbabwe.

Odaily Planet Daily News, Co-founder and CEO of BlackRock, Larry Fink, said in an interview with CNBC: "I used to be a BTC skeptic, but after researching and understanding BTC, I found that my views over the past five years were wrong. I'm not saying that BTC won't be abused like other things, but it is a legitimate financial instrument that can give you potentially unrelated and non-correlated returns." (theblock)

Gold Finance reported that Bill Gross, known as the "old debt king," said that TSL (TSLA.O) is behaving like a meme stock.

Golden Finance reported that Collins, the Federal Reserve, said that the data showed that the economy is in a more balanced state; inflation decline takes some time; we will have to rely on data to tell us what the interest rate path is like; there may be one or two interest rate cuts in 2024.