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1Will Solana (SOL) Defy Market Uncertainty and Launch a Strong Breakout in the Coming Week?2Dogecoin Builds Accumulation Base as Analysts Eye Bull Phase Return: Can DOGE Pump?3What’s next for SEI after reclaiming $0.30? Check forecast
Central banks’ gold stash now at 12.1% – A level unseen since the 90s
Share link:In this post: Central banks now hold 12.1% of the world’s gold reserves, the highest since the 90s, with China, India, Turkey, and Poland leading purchases. Gold prices hit a record $2,772 per ounce this week, up 33% this year, and outperformed major stock markets since 2022. Political and economic shifts are pushing countries to rely less on the dollar, with rising demand for gold as a stable, “safe haven” asset.
Cryptopolitan·2024/10/27 12:44
US and Nigeria Collaborate to Combat Crypto Crime
HappyCoinNews·2024/10/27 08:22
XRP Holds Strong at $0.51 Support, Can Bulls Push the Price Higher?
Cryptonewsland·2024/10/27 07:44
Bitcoin ETF Inflows Near $1B This Week Alone as Investors Double Down
Cryptonewsland·2024/10/27 07:44
Analyzing Optimism’s Short-Term Target: Can OP Reach $1.96 Soon?
Cryptonewsland·2024/10/27 07:44
Solana’s Price Breaks Record Against Ethereum: Will ETH Reestablish Its Dominance?
Cryptonewsland·2024/10/27 07:44
These 3 Altcoins Will Explode in the 2025 Crypto Bull: LINK, SUI, NEAR
Cryptonewsland·2024/10/27 07:44
Here’s Why GOAT, NOT, and SCR are Trending This Weekend
Cryptonewsland·2024/10/27 07:44
Collins Capital: Crypto's future rise depends on the expansion of industry infrastructure
Ke Yin's layout and strategy in the blockchain industry
BlockBeats·2024/10/27 02:31
Top 3 Artificial Intelligence (AI) Coins of the Fourth Week of October 2024
BeInCrypto·2024/10/27 02:11
Flash
- 20:42Lido DAO Approves Dual Governance Mechanism, Granting Stakers Veto PowerAccording to Jinse Finance, as the governance DAO of the largest Ethereum liquid staking protocol, Lido currently manages over a quarter of all staked Ethereum. The organization recently passed a decision with near-unanimous support to grant stakers the power to delay or veto governance decisions. This "dual governance" mechanism is designed to prevent situations where Lido token holders—currently the only group with the authority to create and pass Lido DAO governance proposals—might introduce and approve proposals that could negatively impact stakers or Ethereum itself. Under the new mechanism, Lido stakers (users holding stETH tokens) can object to DAO proposals by depositing stETH into an escrow contract. If at least 1% of the total staked ETH in Lido is deposited as stETH into this escrow contract, the proposal will be delayed by five days, and the delay period will increase further as more stETH is deposited.
- 20:42Elon Musk Criticizes New Senate Tax Reform Draft: Severely Damages Future IndustriesAccording to Jinse Finance, Tesla CEO Elon Musk reposted on social platform X a post about the Senate bill "raising the tax rate on all wind and solar projects that have not yet started construction," and responded: "The latest Senate bill draft will destroy millions of American jobs and cause enormous strategic harm to our country! Extremely insane and destructive. It gives handouts to industries of the past while severely damaging industries of the future."
- 20:42Senate’s No. 2 Republican Barrasso: Senate to Hold First Procedural Vote on Trump Tax Cut Bill at 4 p.m.According to a report by Jinse Finance, U.S. Senate's second-ranking Republican, Barrasso, stated that the Senate will hold its first procedural vote on the Trump tax cut bill at 4 p.m.