cryptocurrency vs banks- Top Knowledge

2024-12-14 00:33:21

The U.S. Department of Commerce announced that it would provide 6.1 billion U.S. dollars to Micron Technology, a chip company. On December 10, a statement issued by the White House showed that the U.S. Department of Commerce signed a contract with Micron Technology, the largest computer memory chip manufacturer in the United States, to provide 6.1 billion U.S. dollars to Micron Technology. In addition, the US Department of Commerce also announced that it has reached a preliminary agreement with Micron Technology, which will provide an additional $275 million for the expansion of Micron Technology's factory in Manacas, Virginia.The Houthi armed forces in Yemen said that they attacked two American destroyers and three accompanying ships in the Gulf of Aden.The yield of two-year German bonds fell by more than 3 basis points, while the yield of 10-year British bonds rose by more than 5 basis points. At the end of the European market on Tuesday (December 10), the yield of German 10-year government bonds was roughly flat at 2.122%, and the intraday trading was in the range of 2.143%-2.099%. The yield of two-year German bonds fell by 3.4 basis points to 1.964%, and the intraday trading was in the range of 2.010%-1.956%, which fluctuated downwards throughout the day. The yield spread of 2/10-year German bonds rose by 3.291 basis points to +15.393 basis points. British 10-year bond yields rose by 5.3 basis points, and two-year British bond yields rose by 3.0 basis points; The yield spread of 2/10-year British bonds rose by 2.3 basis points to +4.408 basis points. French 10-year bond yields rose by 0.7 basis points, Italian 10-year bond yields rose by 1.0 basis points, Spanish 10-year bond yields rose by 0.7 basis points, and Greek 10-year bond yields rose by 0.8 basis points.


General Staff of the Chadian Army: French troops began to leave Chad. On December 10th, local time, the General Staff of the Chadian Army announced that French troops stationed in Chad began to gradually leave Chad that day. On November 28, 2024, the Ministry of Foreign Affairs of Chad announced the termination of the security and defense cooperation agreement with France revised in September 2019. On December 10th, several French warplanes took off from N 'Djamena airport, the capital of Chad, leaving Chad, which marked the official start of the French withdrawal.The Turkish President discussed the situation in Syria by telephone with the Italian Prime Minister and the President of the European Commission. On December 10th, local time, the Information Bureau of the Turkish Presidential Office announced that President Erdogan had telephoned Italian Prime Minister meloni and European Commission President Ursula von der Leyen on the same day to discuss the current situation in Syria. In a telephone conversation with meloni, Erdogan once again stressed the importance of safeguarding Syria's sovereignty and territorial integrity and social stability, and said that the Israeli aggression against Syria this time will not help Syria's stability. In addition, Erdogan pointed out that terrorists in Syria must be eliminated. In a telephone conversation with European Commission President Ursula von der Leyen, Erdogan said that Turkey will continue to provide strong support to the Syrian people in the future to eliminate terrorists in Syria, ensure their unity and protect their territorial integrity.The EUR/USD of the euro against the US dollar fell by 1.05, with an intraday decrease of 0.50%. USD/JPY rose more than 0.50% in the day and is now reported at 152.15.


Since 2024, 27 new funds have been established in the US municipal bond ETF market, setting an annual record high. New members include PGIM and Rockefeller Asset Management. However, in the $142 billion municipal bond ETF market, the asset management scale of many ETFs is less than $50 million.Qatari Foreign Ministry: Prime Minister and Foreign Minister Mohammed received a phone call from US Secretary of State Blinken.Microsoft shareholders voted against the bitcoin investment proposal, and the voting results showed that Microsoft's major shareholders opposed the company's bitcoin investment proposal on Tuesday. Earlier, Microsoft's board of directors urged shareholders to reject a suggestion from the National Center for Public Policy Research that the company invest 1% of its total assets in Bitcoin to hedge against inflation. At the annual meeting, Michael Seiler, chairman of MicroStrategy, gave a three-minute speech, trying to persuade Microsoft shareholders to support this proposal. His company has invested billions of dollars in bitcoin. The data shows that the largest shareholder of Microsoft is institutional investors, including Pioneer Pilot and BlackRock.

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