digital currency and cryptocurrency difference People also ask

Fitch: Steady reserves, reduced liabilities, and prudent budget management have prepared American state and local governments for 2025.Ferrous lithium phosphate has strong demand, so it is hard to hide the embarrassment of "meager profit" because the orders of enterprises are full. In December, the Ferrous lithium phosphate market continued to heat up, and most enterprises had full orders. However, contrary to the fiery market, it is still difficult for most enterprises to reverse the "meager profit" situation. "From the market situation, the growth in demand for new energy vehicles and energy storage markets has promoted the warming of the Ferrous lithium phosphate market. Most Ferrous lithium phosphate enterprises are affected by factors such as rising raw material prices, weak bargaining power of products and fierce competition in the industry, resulting in pressure on profits. " Researchers said that in the long run, with the technological progress and market expansion, the profitability of Ferrous lithium phosphate enterprises is expected to improve. (Securities Daily)Inflation data released the Fed's interest rate cut in December, but it lit up a yellow light for next year. The latest inflation data may make the Fed more cautious about the pace of interest rate cut, but not now. The latest report shows that inflation in the United States in November was in line with expectations, so investors still generally expect the Federal Reserve to cut interest rates by 25 basis points next week. However, stubborn price pressure also confirms the concern that the progress towards the Fed's 2% target may stagnate. This concern may prompt officials to be more restrained in predicting the number of interest rate cuts in 2025, while waiting for more evidence that inflation will steadily reach the target. Fed policymakers will release new forecasts and interest rate outlook at the end of the policy meeting in Washington on December 17-18. "I think they can safely cut interest rates by 25 basis points in December. The market is ready for this, "said Loretta Mester, former president of Cleveland Federal Reserve Bank. "However, they must reconsider next year, because now it seems that the progress of inflation has really stagnated."

Central Bank of Mexico: Pay close attention to the development of Mexico's financial market and will take necessary measures when necessary to maintain the stability of the financial system and the normal operation of the payment system.Hang Seng Index futures closed up 0.05% at 20,215 points, with a high water level of 60 points.Argentina's inflation rate in November was 2.4%, and the accumulated inflation rate in the past 12 months reached 166%. On the afternoon of the 11th local time, the Argentine National Bureau of Statistics released data showing that the country's monthly inflation rate in November was 2.4%. The cumulative inflation rate has been 112% since the beginning of this year and 166% in the past 12 months.

US stocks closed: Nasdaq stood at 20,000 points for the first time in history, and star technology stocks such as Google and Tesla hit record highs. US stocks closed mixed, with the Dow down 0.22%, the S&P 500 index up 0.82% and the Nasdaq up 1.77%, breaking through 20,000 points for the first time and hitting a new record high. Star technology stocks are climbing, with Tesla, Google, Amazon, Meta and Netflix all hitting record highs. Among them, Tesla and Google rose by nearly 6%, while Amazon, Meta and Nai soared by more than 2%. Bitcoin regained its position of $100,000, and cryptocurrency concept stocks soared collectively. MicroStrategy rose by more than 9%, Riot Platforms rose by more than 6%, and Bit Digital and Coinbase rose by nearly 4%. Gold and silver mining stocks generally rose, Cordillen Mining rose more than 5%, Pan American Silver rose more than 3%, and harmony Gold and Hekela Mining rose nearly 3%.Bitcoin rose 5.00% in the day and is now reported at $101,492/piece.It's a mystery to say "no" to the influx of large amounts of funds, and the public offering products are setting off a wave of "restricted purchases". Whether it is an active equity fund, a debt-based fund or QDII fund, many outstanding products have recently announced the suspension of large-scale subscription, and even some funds have chosen to directly adjust the subscription threshold to 0 yuan and suspend all subscription operations. Some insiders said that there is another mystery for fund companies to suspend large-scale subscriptions. As the end of the year approaches, the market gradually enters the stage of differentiation. At this time, the purchase restriction is likely to come from the consideration that the fund manager hopes that the capital side will be more stable. (CSI)