金色财经报道，行情显示，PEOPLE现报0.08628美元，日内涨幅27.8%，行情波动较大，请做好风险控制。

The US Housing Market in 2023: MBA Data Reveals Possible Rebound in Refinancing The MBA mortgage data suggests that there have been significant changes in the housing market in recent years. One key trend is the impact of higher mortgage rates on refinancing activity. According to the MBA Refinance Application Index, the refinance index experienced a sharp decline in 2022, likely due to the increased cost of borrowing associated with higher mortgage rates. This decline in refinancing activity is indicative of a broader trend towards lower overall demand for mortgages, as borrowers may be deterred by the higher costs of borrowing. However, there are some indications of a possible rebound in refinancing activity as of 2023, as suggested by the slight tick noted in the data. This could be due to a variety of factors, such as changes in the broader economic environment or adjustments to lending policies by mortgage providers. Nonetheless, the data suggests that the impact of higher mortgage rates on refinancing activity is likely to continue to be a key trend in the housing market in the coming years. Another important trend highlighted by MBA Purchase Application Index is the significant decline in purchase activity, which is down 36% year-over-year unadjusted. This suggests that fewer people are buying homes, likely due to a combination of factors such as higher mortgage rates, tighter lending standards, and a limited supply of available homes. This decline in purchase activity could have broader implications for the housing market and the broader economy, as home buying and construction are often seen as key drivers of economic growth.

📊💎💥 Macro update: The US banks are on shaky territory right now🔥 🎯This is why Bitcoin was invented! Banks no longer actually hold our money, but lend it out and buy volatile assets with it. Depositors are, in fact, the banks’ creditors. Understandably, people are looking for alternatives such as Bitcoin. Let me know your opinion in the comment section.👇🏼💰#Financial# #Bank#

📊 Bitcoin has been bouncing around 19K to 22K since August. “People Have NO IDEA What’s Coming” 💥 🚨 💥 Cathie Wood’s sticking to her incredible OVER $1,000,000 per Bitcoin price target by 2030 despite a horrible run for crypto currency over the last 12 months. This would be a gain of 3,900% which would wipe the floor with returns you would see anywhere else, such as the stock market or real estate.💥👇🏼💰

Food for thought: Hong Kong Emerges as a Crypto Hub Again as the US Cracks Down As the United States government tightens its grip on the cryptocurrency industry, Hong Kong is opening up to the world of digital assets. Hong Kong has long been a bridge between the West and Greater China, and was once home to several cryptocurrency firms, including Bitmex, Amber, and FTX. When China implemented its crypto ban, it was believed that Hong Kong's crypto industry was nearing its end. However, the opposite seems to be happening. After FTX, Hong Kong has become more progressive in offering a legal pathway for crypto startups to operate. The city recognizes that the ambiguous “regulation by enforcement” approach that stifles innovation, and a middle ground must be found. Recently, HashKey Capital was granted a license to offer regulated OTC crypto trading, and the SFC is soliciting feedback on its proposed licensing regime for crypto exchanges. The proposed framework for crypto exchanges includes lifting the limit for accredited investors, pre-approving assets by a committee, requiring exchanges to apply for securities and virtual assets licenses, and implementing knowledge and risk assessments for non-institutional users. This framework is a strong signal to crypto founders that there will be a clear pathway for exchanges to operate legally. With more exchanges likely to set up a presence in Hong Kong via regulated means as part of their China strategy, local offerings will likely resemble Coinbase US or Binance US, with strict position limits and limited derivatives offerings, but open to all retail investors. The fact that there will be a clear regulatory framework will provide a boost to the industry and may encourage more people to use crypto. In conclusion, while the US is taking a tough stance on crypto, Hong Kong is opening up to it. Hong Kong recognizes that the industry needs clear regulatory guidance to expand, and the proposed licensing regime for crypto exchanges provides a clear pathway for firms to operate legally. With more exchanges likely to set up in Hong Kong, the city may regain its position as a leading crypto hub.

🔥#MEME板块# 涨势持续🔥 TURBO 24小时涨幅达94% BONK 24小时涨超55% PEOPLE 24小时涨幅达38%

🔥今日热搜榜Top5🔥 💥PEOPLE：+36.76% 💥ADP：+16.75% 💥BONK：+19.79% 💥WIF：+18.24% 💥ONDO：+13.75% 你更看好哪一个币种呢？欢迎评论区讨论👏

📊💎💥 🚨 The REAL REASON Bitcoin Is Going Up… 🤑  No1. #Baiden# s big bank bailout! No.2 #CreditSuisse# bank #bailout# Thank god they made this decision, now people can be relief about their deposits. Let me know your opinion in the comment se cti on👇🏼💰

PANews 6月9日消息，行情显示，PEOPLE短时突破0.143美元，现报0.1387美元，24小时涨幅25.2%。

Here's a good story that should remind everyone to stay humble. In the world of cryptocurrency, it's not uncommon to hear about people who have made a fortune overnight. While some investors may have a deep understanding of the market and the technology behind it, others may be entirely new to the space. Interestingly, it's not always the most sophisticated investors who are making the most money. To illustrate this point, let's look at three different profiles: the noob, Joe, and the professor. The noob is someone who joined the crypto world in January 2021 after hearing about a friend's success with DOGE. He had no idea what a blockchain was and decided to invest all his money into SHIB because he heard Elon Musk loves meme coins. He frequently tweeted phrases like "LFG" and "SHIB to the moon." Joe, on the other hand, joined the crypto world at the same time as the noob but took a different approach. He spent a lot of time researching and learning about the market by reading Twitter and watching YouTube videos. He learned about L1 rotation from Coin Bureau and heard that the bull market was the time to take risks. He got addicted to leverage and made great rotations between ETH, SOL, and FTM. Lastly, we have the professor who got into crypto in 2019. He was a value investor and fundamental analyst who had a deep understanding of Bitcoin. He subscribed to multiple paying substacks, read Willy Woo for on-chain analysis, and watched every YT video from Raoul Pal for macro updates. He even developed his own on-chain scripts to monitor revenue from L1 protocols before TokenTerminal was a thing. Now, let's fast forward to 2022 to see how these different profiles have fared. The noob ended up making a 1000x return on his $10k investment in SHIB and became a millionaire. However, he also nearly died in a car accident while driving his Lamborghini drunk at 260km/h. Joe managed to turn his $5k investment into $1M in just four months by leverage trading L1s, but he got liquidated in May 2021. The professor is still holding his investments and living in a small studio. The lesson to take away from these three profiles is that sophisticated investors must understand that markets are irrational, especially in crypto, and that retail hype and market sentiment often weigh more than sound analysis. While it's essential to understand when it's time to go risk on or off and adjust risk accordingly, it's also important to remember that the journey is more fun if you learn new things, make new friends, and have fun while investing. In conclusion, there is no shame in being a noob investor or pride in being a sophisticated investor. It's all about maximizing your profits and finding what works best for you. While some noobs may get lucky and make a lot of money, they are unlikely to reproduce their success, and sophisticated investors must understand that the market is irrational. It's important to have fun and enjoy the process of investing while also being responsible and making informed decisions.

金色财经报道，马斯克在X平台发文“Power to the people”，或受此影响，PEOPLE短时上涨突破0.077美元，现报0.07707美元，24小时涨幅13.63%。

Food for thought: Arbitrum DEX Volume Hits $1B On March 11th, the volume of transactions on the Arbitrum DEX reached an unprecedented milestone, surpassing $1 billion in daily trading volume. This significant achievement indicates a surge in activity on the platform and suggests a growing interest in decentralized finance [DeFi] among investors and traders. Arbitrum, which is built on the Ethereum network, is a layer 2 scaling solution that seeks to address some of the limitations of the Ethereum blockchain, such as high transaction fees and network congestion. By using Arbitrum, users can execute transactions faster and more efficiently while paying significantly lower fees than on the Ethereum mainnet. The increase in trading volume on Arbitrum is a positive development for the DeFi ecosystem and suggests that decentralized finance is here to stay. As more people adopt this technology, we can expect to see even greater innovation and growth in the DeFi space.

Food for thought: Real-Economy Money Creation Let's talk about money printing and why it matters. There's a chart that shows that when banks give out loans or when the government spends more money than it takes in through taxes, it creates new money that didn't exist before. This is called real-economy money creation, and it's important because it can affect how much the economy grows or shrinks. The chart shows that when there's more real-economy money being created, the economy tends to grow more. But when there's less real-economy money being created, the economy tends to shrink. So, how do banks and governments create this new money? When a bank gives someone a loan or a mortgage, it creates a new deposit in that person's account. This new deposit is like new money that didn't exist before, and the person can use it to buy things like a new car or a house. This is called bank credit creation, and it's one way real-economy money is created. Another way is when the government spends more money than it brings in through taxes. This is called a deficit, and it means the government is spending more money than it has. The government can use this extra money to help people, like by giving out stimulus checks or lowering taxes. This is another way real-economy money is created. Overall, tracking how much real-economy money is being created can help us understand how the economy is doing. When there's more real-economy money being created, the economy tends to grow. But when there's less real-economy money being created, the economy tends to shrink.

📊💎💥 How to convince people to jump into Bitcoin? 🔥 🎯As the market digests the banking crisis, people lost trust in banking and wanted to start invest in Bitcoin but with all the frauds had happened this could be a hard decision for them. #Crypto# Let me know your opinion in the comment section.👇🏼💰#Financial# #Bank# #Fraud#

Fed Faces Dilemma: Inflation or Financial Stability? The recent banking crises at SVB and Credit Suisse have brought to the forefront concerns about financial stability. Some people may attribute these crises to mismanagement, but there are clear indications that the impact of the crises may have long-term effects on the system. This is particularly worrisome because higher interest rates could ripple through the system, exacerbating the situation. When it comes to making decisions, the Federal Reserve [Fed] must weigh the risks of inflation and over-employment against the risks of financial stability. In this case, financial stability seems to be the greater threat. This is evident from the actions of the Fed and the Treasury, who are moving to remove financial system risk. There is currently hesitation to hike at the Fed because of the recent banking crises. Big bank failures may become more of a component of Powell's "totality of data" when making decisions. This is because financial stability is a crucial factor, and big bank failures may cause a ripple effect throughout the system. If this were to happen, it could lead to tighter financial conditions, making it more challenging for businesses and individuals to access credit. The Bloomberg US Financial Conditions Index provides a good indicator of how to envision the banking crisis. The index tracks the overall level of financial stress in the US money, bond, and equity markets to assess the availability and cost of credit. A positive value indicates accommodative financial conditions, while a negative value indicates tighter financial conditions relative to pre-crisis norms. The sharp drop in the index shows that financial conditions are becoming tighter, which is a cause for concern.

Payroll Data: Labor Market Healthy, But Systemic Risks Loom The recent payroll data, which refers to the report that provides a snapshot of the number of people employed in the United States, showed that the non-farm payrolls increased by 311k, which is higher than the expected 225k. This result suggests that the economy has stronger momentum than previously anticipated. It is an indication of a positive trend in the labor market and the overall economy. However, there are some concerns with the data. Firstly, the unemployment rate increased from 3.4% to 3.6%, which was higher than the expected 3.4%. While this may seem contradictory to the strong NFP figure, it is because of the increase in the labor force participation rate, which also increased from 63.2% to 63.4%. This indicates that more people are actively seeking work, and the labor market is growing. Secondly, the average hourly earnings only increased by 0.2%, which is lower than the expected 0.3%. This suggests that wage growth is not keeping pace with the pace of job creation. However, this could also be seen as a positive as it indicates that the labor market is not yet overheating, and there is still room for more job creation without causing significant wage inflation. Overall, the data suggests that the labor market is healthy and improving, but with some areas of concern. The cooling inflation and the wait-and-see job market indicate that there is still room for growth and development. However, there are also systemic risks that need to be closely monitored, such as geopolitical tensions, trade disputes, and financial instability, among others.

US Regional Bank ETFs Gain $1.7bn Despite Financial Deterioration Despite the financial conditions experiencing a significant decline, there are still individuals who are willing to take risks and purchase stocks during times of substantial market corrections. In fact, these risk takers have made the 8th largest purchase during these market corrections, alongside their investments in US regional bank ETFs, which amount to over US$1.7bn. It is important to note that ETFs are investment funds that track the performance of an index, commodity, or other asset, and are traded on stock exchanges like individual stocks. On the other hand, there are individuals who prefer safe investments over risky ones. This is evident in the context where there has been a considerable decrease in the difference between the amount of money invested in risky assets, such as stocks, and safe assets, like bonds or cash equivalents. This could suggest that more people are choosing safer investments given the current financial climate.

Food for thought: BTC Inactivity Reaches ATH The percentage of the Bitcoin supply that has been inactive for more than two years has just hit a new all-time high of 51.385%. Additionally, the percentage of Bitcoin supply that has been inactive for more than three years has also reached a new all-time high of 39.261%. The previous record for the latter was observed on March 4, 2023, at 39.260%. The fact that the percentage of Bitcoin supply that has been inactive for more than two years has hit an all-time high of 51.385% could potentially have both positive and negative implications for the cryptocurrency market. On the positive side, this could indicate that more and more investors are holding onto their Bitcoin for the long term, believing in the future potential of the asset. It could also suggest that people are becoming more confident in Bitcoin's stability as a store of value, as they feel comfortable holding onto it for extended periods. However, on the negative side, a high percentage of inactive Bitcoin supply could potentially lead to a decrease in liquidity, which could result in increased volatility and price instability in the short term. Moreover, it could mean that a significant portion of the Bitcoin supply is being held by whales, who may be able to manipulate the market by buying or selling large quantities of Bitcoin. Similarly, the new all-time high of 39.261% for Bitcoin supply inactive for more than three years may also have both positive and negative implications. On the positive side, it could mean that even more investors are holding onto Bitcoin for the long term, indicating a continued belief in the asset's potential. This could help to create a more stable market and lead to greater adoption of Bitcoin as a viable investment option. On the negative side, a high percentage of inactive Bitcoin supply for over three years could suggest that many early adopters of Bitcoin are simply holding onto their coins and not actively using them. This could potentially limit the overall usefulness of Bitcoin as a currency, as there may not be enough circulating supply to support widespread adoption. Additionally, it could potentially lead to increased centralization of the Bitcoin market, as a small number of large holders control a significant portion of the total supply.

Assessing the Current State of Financial Conditions and M&A Activity in the US Financial conditions are an essential component of the overall economic health of a country. The United States' True Financial Conditions Index, which measures various economic indicators, is currently close to a 40-year low. This has led to concerns about the state of the US economy, with many experts wondering whether the situation will improve or worsen in the coming months. However, real-world signs of financial stress remain relatively muted, which begs the question: are the financial stress indicators wrong and will have to play catchup? Or are they right, and people are overreacting? To answer this question, we need to examine both the financial conditions index and the real-world economic indicators in more detail. The US True Financial Conditions Index takes into account several factors, such as inflation, unemployment, and interest rates, to determine the overall state of the economy. According to the index, the current financial conditions in the US are among the worst they have been in the past 40 years. This has led to concerns among investors and policymakers alike, as a weaker economy can lead to lower investment and job growth. However, the real-world signs of financial stress are not as severe as the financial conditions index would suggest. While there have been some challenges in the economy, such as supply chain disruptions and labor shortages, these have not led to significant economic downturns. Instead, many businesses have been able to adapt and find new ways of operating, which has helped to mitigate the effects of the weaker economy. The question remains whether the financial stress indicators are inaccurate and will need to catch up with the real-world indicators, or whether people are overreacting to the current situation. It's difficult to say for certain, but it's likely that the truth lies somewhere in between. While the economy is facing challenges, it's not on the brink of collapse, and there are signs of recovery on the horizon. One area where this is particularly evident is in the field of mergers and acquisitions (M&A). Despite the weaker economy, the total spending on US M&A deals increased by 136% between January and February of this year. This is a significant increase and suggests that many investors still see potential in the US economy. However, the number of US M&A deals decreased by 23% during the same period. This suggests that while there is still money to be made in the US economy, investors are becoming more cautious and selective about the deals they pursue. This could be due to concerns about the overall state of the economy and the potential for further economic challenges in the coming months. In conclusion, the current state of financial conditions in the US is a cause for concern, but it's not necessarily an indication of imminent economic collapse. The real-world indicators suggest that the economy is still relatively stable, and there are signs of recovery on the horizon. However, investors and policymakers must remain vigilant and take steps to address the challenges facing the economy to ensure long-term stability and growth.

The Fear of a Banking Crisis: Why Investors are Turning to Alternative Stores of Value The US Federal Reserve has the power to raise or lower interest rates. But what would happen if the Fed raised the interest rate too fast? No one knows for sure, but we do know that seeing stocks being sold down in the past year was not a concern because shareholders who have greater financial resources are better equipped to handle such volatility. However, when innocent depositors get hurt, that's not acceptable. Recently, the US government stepped in quickly to make sure depositors of Silicon Valley Bank and Signature Bank got most of their money back. But the fear of a banking crisis has not subsided, and bank stocks are still getting hammered. This is because people are expecting more banks to fail, and the thought of this issue is spooking investors. To be clear, depositors are getting their money back, but not the shareholders or even the bondholders of the banks. Shareholders of Silicon Valley Bank would get nothing. Any further sale will be heavily discounted, if they occur at all. It's understandable that shareholders are selling their bank stocks as it's a survival instinct kicking in. Besides the stock market, the price movements in other assets are telling us that "money is scared." Investors are seeking safety by diversifying their investments and turning to alternative stores of value in order to hedge against the US dollar and the financial system. This trend is reflected in the recent weakening of the US dollar and the concurrent surge in assets such as gold, silver, and cryptocurrency, which have long been viewed as alternative forms of currency. The current market conditions are clearly demonstrating this shift in investment strategy. The largest bond ETF, Vanguard Total Bond Market ETF [BND], has risen by 2% in a matter of days, which is atypical since bond prices are expected to decline with an anticipated increase in interest rates, given the inverse relationship. When stock prices drop and bond prices rise, it often indicates that investors are seeking safety. This can lead to a sell-off in stocks as investors shift their funds to the perceived safety of bonds, which offer principal guarantees at maturity. The US Dollar Index has decreased by nearly 2% in the past five days, while the largest gold ETF, SPDR Gold Trust [GLD], has seen a 4% increase in value. Even silver, which is sometimes referred to as "poor man's gold," has experienced a 5% increase, as evidenced by the iShares Silver Trust [SLV]. Cryptocurrency has experienced even more dramatic growth, with Bitcoin experiencing a staggering 19% increase in value over the past five days. Recent market movements indicate that interest rate risk may not be the primary factor driving asset prices at present. Instead, concerns about the stability of the financial system are influencing investment decisions. Although there may be some attractive opportunities to invest in bank stocks that are likely to weather this episode, it's important to assess their capital ratios after adjusting for unrealized losses to identify the stronger banks. Banks with a smaller decline in their capital ratio are generally considered more resilient. In this chart, JP Morgan, Citi, and M&T Bank appear to be among the most resilient banks. In summary, the fear of a banking crisis has led to investors seeking safety by turning to alternative stores of value, such as gold, silver, and cryptocurrency. The current market conditions are demonstrating a shift in investment strategy, with concerns about the stability of the financial system influencing investment decisions.

📊💎TOP 5 “NEW” ALTCOINS LAUNCHING NOW in 2023?! (URGENT!!!)  💥 🚨 💥 #Gamesforaliving# is a new coin that less people will talk about. It is a great and still an early to enter for the investors. #DYOR# Let me know your opinions in the comment sect i on👇🏼💰 GFAL can trade now on Gate, be quick! #GFAL#

金色财经报道，行情显示，PEOPLE突破0.094美元，现报价0.09312美元，24小时涨幅达18.3%，行情波动较大，请做好风险控制。