Three forces are behind gold's repeated record highs. First, global central banks continue to increase their gold holdings. Although the growth rate slowed by 21% year-on-year in the second quarter, holdings surpassed US Treasuries in foreign exchange reserves for the first time. Second, market data such as the CME estimate the probability of a September interest rate cut to nearly 90%, and falling real interest rates are weakening the dollar's appeal. Third, conflicts in hotspots such as Ukraine are boosting safe-haven demand, with Bank of America and Goldman Sachs predicting gold prices will reach $4,000. These multiple factors have contributed to the continuous rise in gold prices since the beginning of the year.
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X-Ray assesses community strength and sentiment and pulls in data on social media activity. For instance, the project’s follower count and posting frequency on X (formerly Twitter), Reddit, Telegram… It also lets users vote on community sentiment (bullish or bearish) right within the interface.
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Blockchain is a new type of settlement and ownership layer. Its inherent programmability, openness, and global interconnectedness have given rise to entirely new entrepreneurial models, innovative forms, and infrastructure architectures. The growth trajectory of cryptocurrency monthly active addresses is approaching the billion-plus internet user milestone. Stablecoin transaction volumes have surpassed those of traditional fiat currencies. Regulatory frameworks are rapidly evolving, and crypto companies are undergoing transformation through mergers and acquisitions or public listings.
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