BTC $63,121.73 +0.10%
ETH $1,883.70 +0.58%
BNB $606.09 -0.01%
XRP $1.00 -0.45%
SOL $75.45 -0.13%
TRX $0.3318 -0.59%
DOGE $0.0698 -0.04%
ADA $0.1797 -0.69%
BCH $202.16 -1.82%
LINK $8.84 +1.23%
HYPE $56.01 -3.13%
AAVE $86.56 -1.04%
SUI $0.6778 -0.73%
XLM $0.1596 +0.24%
ZEC $488.92 +0.47%
BTC $63,121.73 +0.10%
ETH $1,883.70 +0.58%
BNB $606.09 -0.01%
XRP $1.00 -0.45%
SOL $75.45 -0.13%
TRX $0.3318 -0.59%
DOGE $0.0698 -0.04%
ADA $0.1797 -0.69%
BCH $202.16 -1.82%
LINK $8.84 +1.23%
HYPE $56.01 -3.13%
AAVE $86.56 -1.04%
SUI $0.6778 -0.73%
XLM $0.1596 +0.24%
ZEC $488.92 +0.47%

neta

All
Article
Flash

Nansen founder: Bitcoin will never drop below $60,000 again, there are no signs of an end to the global monetary easing cycle

Nansen founder and CEO Alex Svanevik stated that Bitcoin's current price of around $60,000 may have marked the low point of this cycle. "Personally, I don't think Bitcoin will go below $60,000 again; I believe that's in the past, and I think it's forever." Alex Svanevik said this judgment is based on Bitcoin's positioning as a hedge against global central bank currency expansion, and he has not seen signs that the global monetary easing cycle is about to end. At the same time, the crypto industry is undergoing a fundamental transformation; crypto assets were previously in the toy world of blockchain and are now entering the real world era.In terms of the public chain ecosystem, Svanevik holds a long-term bullish view on Solana, stating that the perception of it as merely a meme coin chain is completely absurd. He believes Solana has "possibly the most effective BD team" and "an incredible team." However, Svanevik declined to translate this judgment into a specific price prediction for SOL—"Intuitively, I would think it will rise, but I can't be sure." Svanevik is also optimistic about the Robinhood chain, which just launched in July this year, believing it is rising as a strong competitor to Base due to its excellent user distribution capabilities. However, he judges that Robinhood is unlikely to issue a token—on one hand, it doesn't need to, and on the other hand, as a publicly traded company on NASDAQ, issuing a token would logically contradict competing with its own stock, "All value should be directed to HOOD stock."

The central bank held the monetary policy regular meeting for the second quarter of 2026, emphasizing the continued implementation of a moderately loose monetary policy

According to news from the People's Bank of China on July 8, the central bank's Monetary Policy Committee held its 113th regular meeting for the second quarter of 2026 on July 4. The meeting pointed out that since the beginning of this year, monetary policy has remained moderately accommodative, the cost of social financing is at a historically low level, and the supply and demand in the foreign exchange market are basically balanced. In the face of the current complex and changing external environment, as well as domestic challenges such as strong supply and weak demand and structural differentiation, the overall operation of our economy is stable and moving towards improvement.The meeting emphasized that in the next stage, it will continue to implement a moderately accommodative monetary policy, increase counter-cyclical and cross-cyclical adjustments, strengthen the coordination of monetary and fiscal policies, and promote stable economic growth and a reasonable rebound in prices. At the same time, the meeting clearly stated the need to maintain ample liquidity and promote the low-level operation of comprehensive social financing costs; assess the operation of the bond market from a macro-prudential perspective, and pay attention to changes in long-term yields; maintain basic stability of the RMB exchange rate at a reasonable and balanced level. In addition, the central bank will continue to optimize various structural monetary policy tools, solidly implement the "five major tasks" of finance, and increase financial support for key areas such as expanding domestic demand, technological innovation, small and micro enterprises, and the private economy.
app_icon
ChainCatcher Building the Web3 world with innovations.