Gate.io has launched TUT perpetual contract trading, supporting up to 50x leverage.
On March 19th, Gate.io will commence the launch of TUT perpetual contract trading (settled in USDT). The live trading will begin at 11:00 (UTC+8) on March 19th, 2025, and it will support leverage ranging from 1 to 50x.
26 minutes ago
MEXC Launches New User Registration Reward Program with up to 700 BMT Offer
On March 19th, according to official channels, MEXC has initiated a "420,000 BMT & 50,000 USDT airdrop+" event. Currently, new user registrations can obtain a reward of up to 700 BMT per person. The event is ongoing and will conclude on March 21, 2025, at 15:00 (UTC+8).
On March 11th at 19:10 (UTC+8), MEXC had already launched its Innovation Zone. At the same time on that day at 19:20 (UTC+8), the BMTU perpetual contract was launched. On March 12th at 18:00 (UTC+8), the platform introduced flash swapping.
26 minutes ago
Trader Eugene: Long AI-related Token Announcement Failed, Maintaining Short Position Waiting
On March 19th, top trader Eugene Ng Ah Sio posted on his personal channel and said, "I tried to take a long position in AI-related tokens but failed. I strategically retreated and returned to the starting point. Currently, I have no trading plans in the near term and am maintaining a wait-and-see empty position."
Before this, on March 16th, trader Eugene stated that he had tried to buy a small position in some AI-related tokens. On the long-term chart, some altcoins showed signs of recovery, indicating some small-scale rebounds even in a bear market. The tokens of interest included: AI16Z; WLD; VIRTUAL; ARC. "The main reason for choosing AI tokens is that AI-related tokens have experienced an excessive decline (and subsequently formed a natural bottom). And Nvidia's GTC conference is about to be held next week. In the past, the effects of this catalyst have always been mixed. But I believe that if a sufficient number of positions are in unfavorable positions, people will always find r
26 minutes ago
Kapital Macro: Bank of Japan Still Likely to Further Raise Interest Rates
On March 19th, Marcel Thieliant, who is the Head of APAC at Capital Economics, said that the Bank of Japan maintained interest rates unchanged today, which was widely anticipated by the market. Nevertheless, there remains a possibility of further rate hikes. There is a high chance that a rate hike will occur at the meeting from April 30th to May 1st. The inflation rate is significantly above the Bank of Japan's 2% target. In addition, the wage increases resulting from this year's spring wage negotiations are greater than those of last year, and it is expected that this will put additional upward pressure on inflation in the coming months. Capital Economics forecasts that by 2027, the Bank of Japan will raise the policy rate to 1.5%. (FXStreet)
26 minutes ago
Bank of America: Amid Growing Uncertainty, Fed Expected to Hold Rates Steady
March 19th: It is anticipated that the Federal Reserve will maintain its present policy stance during the March FOMC meeting. Analysts of U.S. bank securities expect that in the face of increasing economic uncertainty, the Federal Reserve will adopt a cautious and prudent policy. The Fed may give priority to "patience over panic" and evaluate the balance between the slowdown in economic growth and the sustained pressure of inflation while keeping interest rates stable. The Fed's latest economic projections will incorporate stagflationary factors, with growth forecasts weakening and inflation expectations being revised upward. Although the market has speculated on the timing of a possible rate cut, policymakers may reaffirm a data-driven approach, emphasizing the need for further clarity on the economic outlook before making any policy adjustments. Investors will closely monitor the remarks of Fed Chair Powell to understand how the Fed views the evolving risks, including supply disrupti
26 minutes ago