📢 Gate Square Exclusive: #WXTM Creative Contest# Is Now Live!
Celebrate CandyDrop Round 59 featuring MinoTari (WXTM) — compete for a 70,000 WXTM prize pool!
🎯 About MinoTari (WXTM)
Tari is a Rust-based blockchain protocol centered around digital assets.
It empowers creators to build new types of digital experiences and narratives.
With Tari, digitally scarce assets—like collectibles or in-game items—unlock new business opportunities for creators.
🎨 Event Period:
Aug 7, 2025, 09:00 – Aug 12, 2025, 16:00 (UTC)
📌 How to Participate:
Post original content on Gate Square related to WXTM or its
Global economic risks are intensifying, Bitcoin Halving and Fed policy game.
The Bitcoin Halving cycle was supposed to serve as a barometer for the Fed's interest rate cuts, however, the economic situation in the fourth quarter of 2023 is different. The government is influencing non-farm employment data by adjusting employment policies, trying to delay the interest rate cut process. Nevertheless, to meet government financing needs, the 10-year Treasury yield is still showing a downward trend, which has led to a brief bull run spanning from the end of 2023 to the beginning of 2024.
In the second quarter of 2024, global economic risks intensified, and investors flocked to safe-haven assets, leading the cryptocurrency market into a slump. Subsequently, in the third quarter, despite policymakers beginning to cut interest rates, the yield on 10-year U.S. Treasuries rose unusually, resulting in a peculiar situation where nominal interest rates fell while real interest rates climbed. The year-end market rebound was not driven by external capital but was influenced by political factors and seasonal factors.
As we enter the first quarter of 2025, the market focus has shifted from economic data to conflicts among various government departments. This internal conflict, combined with breakthroughs in the field of artificial intelligence, has triggered significant volatility in the U.S. bond market. Despite the decline in real interest rates, it has not resulted in the expected spring rally, but rather led to a large outflow of funds.
Currently, the United States is facing an unprecedented turning point in a century. A new round of political change could bring new vitality to this superpower, but the consequences of failure are difficult to predict.
In the face of such enormous systemic risks and the impending regulatory uncertainties, major participants in the crypto market have chosen to adopt a proactive strategy, withdrawing liquidity from the market. Recent actions by multiple trading platforms and project parties reflect this trend.
In this period of both risks and opportunities, it is particularly important to protect the principal and invest cautiously.