what is crypto investing Top Knowledge

Dan Morehead, founder and managing partner of Pantera Capital: Cryptographic currency is a new asset class, which has not been developed by institutional investors to a large extent. Still optimistic about the long-term development trend of cryptocurrency market.European members of NATO are considering increasing the proportion of military expenditure. On December 12th, the Financial Times reported that some European members of NATO are considering increasing the proportion of national defense expenditure in their gross domestic product (GDP) from the current 2% to 3%, which will bring budgetary pressure to many European countries.The statement showed that US House of Representatives member Pelosi was injured and was taken to Luxembourg Hospital. It is reported that Pelosi has received good treatment and will continue to work.

Brazilian President Lula posted a video on social media for the first time after undergoing head surgery.The Russell 2000 index fell by 1% in the day.Economists predict that the Fed will only cut interest rates three times next year. Economists surveyed by Bloomberg expect that the Fed will cut interest rates for the third time in a row this month, and lower the expected number of interest rate cuts next year. The market expects Federal Reserve Chairman Powell and his colleagues to cut interest rates by 25 basis points next week. If the expectation is true, it means that interest rates have been lowered by 1 percentage point since September. Next year's interest rate cut will slow down faster than officials expected three months ago. Most economists predict that interest rates will be cut only three times in 2025 because of the small progress in fighting inflation.

GBP/USD fell more than 0.50% in the day, and now it is reported at 1.2611.Dan Morehead, founder and managing partner of Pantera Capital: Cryptographic currency is a new asset class, which has not been developed by institutional investors to a large extent. Still optimistic about the long-term development trend of cryptocurrency market.London cocoa futures rose more than 4% to 8516 pounds a ton. New york cocoa futures rose more than 4% to $11,296 a ton.