April 19th, 2024 Industry Headliners The cumulative won trade volume on centralized crypto exchanges during the period recorded $456 billion, while the U.S. dollar reported $445 billion, the data showed. President Yoon Suk Yeol’s People Power Party has vowed to delay a digital-asset tax, while the opposition Democratic Party pledged to lift curbs on exchange-tradedContinue reading “Digital Asset Briefs”
Author Archives: jleo5566
5% APY? Take my Money, for now.
In this Article, we start with overviews on banking chaos including high interest rate & deposit run, then expand on potential impacts to banks. Towards the end, I will also add in from a Web3 angle. Mobile banking rewrote money movement Over 120 Mill users use mobile banking at least once a month – whoContinue reading “5% APY? Take my Money, for now.”
Macro View: 2023 Narratives
Having entered the workforce for the past few years, 2023 is nothing like what I’d imagined my late 20s to be: 5% Fed Interest Rate, PIMCO’s 1.7B Real Estate Default, SVB’s Collapse, and the never-ending layoff…in unit of thousands. And yet, what remains the most confusing, is the consistency in medias as they paint thisContinue reading “Macro View: 2023 Narratives”
Macro View: COVID19-Start of the fall?
US economy has taken a massive hit since the COVID-19 virus outbreak. As the market tumbles down during lockdown, we have really seen it all: stimulus check, multiple ongoing bankruptcies, and the highest unemployment rate since 1940 at 14.7%. The gains of job creation in US over the past 60 years have been erased inContinue reading “Macro View: COVID19-Start of the fall?”
ESG & Statistics: Chinese Politics vs. Environments
Summary: China is gradually becoming a global leader in the world economy. Impressive economic reports and outstanding statistics has been the norm for China over the last two decades. However, the rapid economic growth has also brought challenges on environmental issues to the world largest economy. To understand the dynamics between environment and political-driven economyContinue reading “ESG & Statistics: Chinese Politics vs. Environments”