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The article discusses the uncertainty in the global economy under the Federal Reserve's policies, particularly Powell's "hawkish rate cuts" and their impact on the market. It analyzes market distortions driven by liquidity, the capital expenditure risks of the AI investment boom, and the loss of trust caused by policy centralization. Finally, the article provides updates on macroeconomic indicators and market trends. Summary generated by Mars AI. This summary is generated by the Mars AI model, and the accuracy and completeness of its content are still in the process of iterative improvement.
Trump's victory led BTC to reach new highs for two consecutive days, with a peak at $76,243.
If the emergence of x402 has demonstrated the substantial demand for AI agent payments, then ERC-8004 represents another fundamental and underlying core element necessary for building this vast machine economy.
In Brief Cathie Wood revises Bitcoin's 2030 target due to rapid stablecoin adoption. Stablecoins serve as digital dollars, impacting Bitcoin's expected role. Trump's crypto-friendly policies encourage Bitcoin's market prominence.
In Brief ASI faces internal conflict amid legal battles impacting future prospects. Surprisingly, lawsuit news boosted FET buying interest and trading volume increased. Potential for renewed interest in AI-themed tokens as investors watch developments.
- 09:42Sign signs agreement with Sierra Leone Ministry of Technology to build digital identity and stablecoin payment systemBlockBeats News, November 9, the Ministry of Technology of Sierra Leone and Sign officially signed a memorandum of understanding, jointly launching a new chapter in the construction of national blockchain infrastructure. The first phase of cooperation will focus on building a Digital ID system and a local stablecoin payment system, aiming to provide secure, transparent, and inclusive digital services to all citizens at extremely low cost, and to promote the country's leapfrog development. During this visit, the Sign team also met with the Minister of Finance of Sierra Leone, the Governor of the Central Bank, the CEO of the eGov App, and representatives from the Christex Foundation, reaching consensus on technical roadmap, policy coordination, and implementation plans. This cooperation marks an important milestone in Sierra Leone's digital economic transformation and also highlights Sign's leading position in promoting "national-level blockchain infrastructure".
- 09:42The prediction trading volume for today's League of Legends World Championship "T1 vs KT" on Polymarket has exceeded $5.4 million.BlockBeats News, November 9th, according to data from the Polymarket platform, the prediction trading volume for today's League of Legends World Championship match "T1 vs KT" has surpassed $5.45 million; currently, T1 has a 64% win rate, while KT has a 36% win rate.
- 09:42Visa and Mastercard to reach settlement with US merchants to lower credit card payment feesBlockBeats News, November 9, according to The Wall Street Journal, Visa and Mastercard are about to reach a settlement with U.S. merchants, ending a legal dispute that has lasted for two decades. According to the settlement agreement, the credit card payment fees charged to merchants will be reduced, and merchants will be given greater autonomy in choosing credit card services. Previously, both companies required that if a merchant accepted any one type of credit card within their network, they must accept all credit card payments within the network. The legal dispute between the two parties began in 2005, when U.S. merchants accused Visa, Mastercard, and major banks of monopolistic practices regarding fees and credit card acceptance rules. In March 2024, the two sides reached a settlement agreement proposing to reduce fees by 0.07% over five years and grant merchants greater flexibility, allowing them to charge surcharges on credit card payments. However, this agreement was rejected by the presiding judge.