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12:59
The US dollar may come under pressure due to weak economic data, with expectations of interest rate cuts increasing.
According to ChainCatcher, citing Golden Ten Data, XTB analyst Hani Abuagla pointed out in a report that if U.S. economic growth data for the third quarter falls short of expectations, the dollar will face significant pressure. Any signs of economic cooling could reinforce expectations of further rate cuts by the Federal Reserve next year, thereby lowering yields and further weakening the dollar. The reduction in year-end liquidity and changes in global monetary policy may intensify this sensitivity, especially as the recent rate hike by the Bank of Japan could attract capital inflows into the yen.
12:59
Analyst: Any signs of economic cooling could strengthen expectations for further Fed rate cuts next year
According to Odaily, XTB analyst Hani Abuagla stated in a report that if US third-quarter economic growth data falls short of expectations, the US dollar will be extremely vulnerable. Any signs of economic cooling could strengthen expectations of further interest rate cuts by the Federal Reserve next year, thereby lowering yields and further weakening the dollar. Reduced year-end liquidity and recent changes in global monetary policy may exacerbate this sensitivity. In particular, the recent rate hike by the Bank of Japan may encourage capital inflows into the yen, and if US economic data disappoints, it will further suppress the dollar. (Golden Ten Data)
12:56
Vitalik: Ethereum Needs to Set a Smart Contract Size Limit Due to DoS Risk
BlockBeats News, December 23, Ethereum founder Vitalik responded to the community's question "Why does Ethereum still set a contract size limit": Because of DoS risk considerations. After the Ethereum state structure upgrade to a unified binary tree (EIP-7864), it is expected to achieve unlimited contract size, but it still needs to address the Gas fees and mechanism design when deploying very large contracts, currently calculated based on cost per byte, with an actual contract limit of about 82KB.
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