According to a new report on September 10, the issuance of CBDC may give the central bank greater power to adjust interest rates. Central bank digital currencies (CBDC) may actually have a negative impact on interest rates by providing additional tools for policymakers. An article written by senior columnist James Mackintosh on September 8 argued that if interest rates fall below zero, the difference between CBDC and cash will become apparent. People are more inclined to "make zero" by holding physical cash, rather than losing money on digital dollars issued by the central bank. He added that this means that if the central bank issues digital dollars that cannot be hidden under the mattress, it will have a greater impact on interest rates. Negative interest rates are the last resort for the central bank to stimulate the economy by encouraging borrowing and spending during the recession. Interest is paid to borrowers instead of lenders. According to the Federal Reserve Eco...
Axie Infinity NFT's total sales break down 3.5 million and hit a New record high According to news on August 24, according to the latest data, the sales of Axie Infinity NFT, a “Play-to-Earn” project, broke through 3.5 million, setting a record high. At the time of writing this article was 3,507,486, with a total of 459,410 traders. The total transaction volume is US$1.581 billion. According to the current NFT collection sales rankings, Axie Infinity ranks second, NBA Top Shot is ranked first with 8,251,965 sales, and Alien Worlds is third with 3,058,223 sales. However, the total transaction volume of Axie Infinity ranks first, almost twice that of the second-place CryptoPunks.
On September 12, the on-chain analyst "_Checkmate" quoted Glassnode data as saying that the Bitcoin transaction volume with a history of less than one month hit a record low, less than 7% of the supply. In other words, the Bitcoin transaction volume with a history of more than one month is at the highest level in history. HODL is very real: the old Bitcoin is not being traded, and the new Bitcoin is maturing, which is bullish. He further added that when the trading volume of the new currency hit a local low before: three-quarters of the situation occurred before the full-scale bull market; one-quarter was a rebound before the bear market in 2014. Supply dynamics is a longer-term indicator, but it reflects real market fundamentals.
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