QCP: CPI data may determine whether BTC can break through its historical high
3 hours ago

According to Odaily Planet Daily, QCP Asia stated in a research report that BTC has broken through $122,000, recouping last week's losses. ETH has risen 21% over the past seven days, breaking through $4,300 for the first time since 2021. Currently, BTC remains highly correlated with US stocks, and the market is focused on Tuesday's CPI data. If it falls short of expectations, it could reinforce expectations of a September Fed rate cut. Market sentiment remains bullish, but traders are still hedging against downside risks. The key question is whether institutional funds and spot ETF demand can propel BTC above key resistance levels.

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2025-08-11 12:02:35
China Rare Earth Group solemnly declares that it has never conducted any form of cooperation, consultation or planning with relevant institutions or units regarding the so-called "rare earth RMB stablecoin"
Odaily Planet Daily News: China Rare Earth Group solemnly declares: Some online media have recently circulated information such as "China Rare Earth Group, Ant Group, and the People's Bank of China jointly built the world's first rare earth RMB stablecoin." In response to this false fabrication, seriously misleading public and disruptive financial order information, China Rare Earth Group Co., Ltd. (hereinafter referred to as "our company") solemnly declares the following: 1. Our company has never carried out any form of cooperation, consultation or plan with relevant institutions or units on the so-called "rare earth RMB stablecoin". This information was maliciously fabricated by criminals. The public and investors are requested not to believe it or spread it. 2. Our company reminds all sectors of society and investors to be vigilant against illegal financial activities, pay attention to risk prevention, and guard against property losses. 3. Our company has reported to the relevant departments and solemnly requested the relevant units to immediately stop infringement, fraud and other illegal acts, and reserves the right to pursue legal responsibility for any behavior that damages our company's image and interests. 4. For any major external cooperation matters, please refer to the disclosures of our official channels. (Jinshi)
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China Rare Earth Group solemnly declares that it has never conducted any form of cooperation, consultation or planning with relevant institutions or units regarding the so-called "rare earth RMB stablecoin"
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