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TRX $0.3388 -0.32%
DOGE $0.0838 -1.07%
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ZEC $1,106.07 -2.46%
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AMZN $254.32 -0.99%
GOOGL $335.97 -1.54%
MSFT $493.28 -0.48%
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NVDA $214.92 -1.34%
TSLA $360.80 -1.74%
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ct

CT usually refers to Crypto Twitter, which is a subculture of the cryptocurrency community on the Twitter platform. Crypto Twitter is an active place for cryptocurrency enthusiasts, investors, developers, and analysts to share news, opinions, technical analysis, and market trends. Due to its real-time nature and broad user base, CT plays an important role in the sentiment and price fluctuations of the cryptocurrency market. It is not only a channel for information dissemination but also one of the main platforms for communication and discussion among people inside and outside the industry.
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Flash

first_img South Korean media: China's semiconductor industry is being promoted by a team system involving government, banks, and enterprises

According to South Korea's "JoongAng Ilbo," China's semiconductor industry is organized through collaboration among the central government, local governments, state-owned financial institutions, and enterprises, forming a system for fundraising, factory construction, and infrastructure support. The China National Integrated Circuit Industry Investment Fund has a first phase of 138.7 billion RMB, a second phase of 204 billion RMB, and a third phase of 344 billion RMB, totaling 686.7 billion RMB, with investments in companies such as SMIC, Hua Hong Semiconductor, and Yangtze Memory Technologies.Changxin Memory, established for 10 years, has risen to fourth in global DRAM market share, with a net loss of 21.13 billion RMB over the past three years, while R&D and equipment investments during the same period reached 185.2 billion RMB, with Hefei's state-owned capital providing about 80% of the funding for early projects. South Korea's Samsung Electronics and SK Hynix are responsible for investments, employment, technology development, and support for partners. The South Korean government plans to guide 622 trillion KRW in private investment by 2047 and provide 17 trillion KRW in low-interest loans and 1.1 trillion KRW in semiconductor ecosystem funds, but most of the burden will fall on enterprises.Park Kyung-soo, Executive Vice President of the Korea Semiconductor Industry Association: The semiconductor industry will fall behind in the next upturn if investment stops; even during downturns, R&D, equipment investment, and orders for materials and components must be maintained, requiring long-term policy, financial, and tax support. China is catching up with a national-level support system, and South Korea also needs a response system involving the government, political circles, financial institutions, and enterprises to act together.

This week's macro outlook: The Federal Reserve will announce its interest rate decision on Thursday, and the CLARITY Act faces a crucial vote

This week, global markets enter a central bank super week. The Federal Reserve's FOMC will announce its interest rate decision and economic projections summary at 2 AM Beijing time on Thursday, followed by a monetary policy press conference by Chairman Powell; the Bank of England and the Bank of Japan will also announce their decisions on Thursday and Friday, respectively. Meanwhile, the U.S. Senate will hold a key procedural vote on the CLARITY Act on Tuesday local time, and the SEC will hold a roundtable discussion on 24-hour trading on the same day.Tuesday: Key procedural vote on the Cryptocurrency Market Structure Act (i.e., CLARITY Act); U.S. ADP employment change for the week ending August 29; U.S. September New York Fed Manufacturing Index. Wednesday: U.S. API crude oil inventories for the week ending September 11; U.S. August retail sales month-on-month, U.S. August import price index month-on-month, U.S. September NAHB housing market index; U.S. July business inventories month-on-month, U.S. EIA crude oil inventories for the week ending September 11.Thursday: Federal Reserve FOMC announces interest rate decision (2 AM Beijing time on Thursday) and economic projections summary, Federal Reserve Chairman holds a monetary policy press conference; U.S. initial jobless claims for the week ending September 12; Bank of England announces interest rate decision and meeting minutes; SEC holds a roundtable discussion on 24-hour trading. Friday: Bank of Japan announces interest rate decision, Bank of Japan Governor Kazuo Ueda holds a monetary policy press conference.

Bonk Guy: The Fomo project will complete integration on Arc within a few days

Bonk Guy (Unipcs) posted that Fomo is expected to complete integration within a few days after the launch of the Arc chain, which changes its short-term judgment on Arc. He stated that builders related to Arc have recently contacted early on-chain traders multiple times, indicating their desire to generate early traffic for the new chain through Meme coin activities.Bonk Guy believes that the main opportunities on-chain this cycle are still concentrated in Robinhood, BNB, and Solana, and does not think Arc will become the next mainstream chain. However, he pointed out that Fomo has not yet integrated Hyperliquid, Tron, or TON, all of which have seen Meme assets with market capitalizations exceeding 100 million dollars. Therefore, if Arc connects with Fomo early after its launch, it could bring short-term trading opportunities. He revealed that he has purchased the native token LONG of the main launch platform Long, as well as the top three Meme coins on that platform.His core judgments include: Fomo will integrate Arc, Arc is actively attracting early on-chain traders, and Arc may learn from Robinhood's path of launching ecological growth through Meme activities. Bonk Guy also emphasized that the layout related to Arc is a short-term high-risk experiment and reminded to currently avoid using trading bots like Basedbot and GMGN to prevent significant slippage due to routing to incorrect liquidity pools.
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