News

BlockBeats News, February 24th, Boston Fed said that transitioning to artificial intelligence could make it difficult for the Fed to understand; the US may be heading towards a higher structural unemployment rate that the Fed cannot offset; the Fed has always focused on the economic performance of various economic groups; this data is crucial for understanding the slack in the labor market. Furthermore, Boston Fed said that it hopes the "protective fence" that safeguards the Fed's independence can be maintained. Even as productivity continues to rise, the Fed still needs to pay attention to inflation issues; addressing short-term issues may lead to bigger problems in the long term. Regarding how Powell may respond to Trump's pressure, "we will only know when the time comes." Fed Chair nominee Powell needs to build good relationships with central bank staff and colleagues. (FXStreet)

BlockBeats News, February 24th, Cryptocurrency analyst Ted Pillows posted on social media, stating, "Filecoin generated only $4 in revenue yesterday, while its fully diluted valuation (FDV) reached as high as $17.16 billion." The FIL token has dropped 99.8% from its all-time high, which means that if you had invested $10,000 at that time, you would now have only about $20."

Foresight News reported that on Polymarket, the probability of Flying Tulip's FDV exceeding 1 billion USD on the day after launch has dropped to 37%, the probability of exceeding 1.5 billion USD is 7%, and the probability of exceeding 800 million USD is 98%. Currently, the trading volume of this prediction market has surpassed 2.95 million USD.