China has announced it will allow institutional investors to use central bank financing to make stock purchases. The Chinese government is now looking at creating a market stabilization fund starting with an initial pool of 800 billion yuan – $113 billion – to be injected into equities markets, Bloomberg reports. Governor Pan Gongsheng said Beijing The post China Abruptly Unleashes $113,000,000,000 in Liquidity, Propping Up Stock Market and Powering Major Rally appeared first on The Daily Hodl .
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In the past week, meme coins have been on a roll, with shiba inu (SHIB) leading the top five pack, gaining 35.5% against the U.S. dollar over seven days. However, the real standout was MOODENG, the meme token inspired by a baby pygmy hippopotamus from Thailand. The newly launched Solana-based coin hit its all-time high The Daily Hodl
Markus Thielen Predicts Bitcoin Prices to Surpass $70,000 Soon
Markus Thielen forecasts Bitcoin will exceed $70,000 soon. Increased stablecoin liquidity and China`s easing support the price rally. Continue Reading: Markus Thielen Predicts Bitcoin Prices to Surpass $70,000 Soon The post Markus Thielen Predicts Bitcoin Prices to Surpass $70,000 Soon appeared first on COINTURK NEWS . The Daily Hodl