help me understand cryptocurrency People also ask

Thailand's cabinet approved the reduction of the bailout fee for commercial banks.IG Group: The market liquidity problem leads to the widening of the spread between gold and silver. The financial institution IG Group: The higher spread between gold and silver is due to the disconnection between the spot market and the futures market, which leads to the liquidity provider (LP) greatly expanding the spread. In order to maintain the availability of the transaction, we adjusted the maximum spread accordingly. This is the problem of the whole market, not just the problem of IG Group.Allan Monks, an economist in JPMorgan Chase: The Bank of England's signal about gradually cutting interest rates has been very strong recently, suggesting that the possibility of cutting interest rates next week is very low. However, if the signs of the accelerated weakening of the labor market continue, it will force the Bank of England's Monetary Policy Committee to deviate from this information.

On the 10th, the continuous beam of Banzhuyuan Bridge of Xiyu High-speed Railway across Chongqing-Guangzhou Expressway was successfully closed, which is the first closed cantilever cast-in-place beam across expressway in Chongqing of Kangyu section of Xiyu High-speed Railway, laying a solid foundation for the construction of girder erection as scheduled. The Banzhuyuan Extra Large Bridge of Xi-Yu High-speed Railway, which was built by China Railway 14th Bureau, has a total length of 1,137.181 meters. The bridge spans the Chongqing-Guangzhou Expressway, with a continuous beam of (48+80+48) meters and cantilever casting with hanging baskets. It is understood that the Xiqiao High-speed Railway connects Shaanxi, Chongqing and Sichuan. After its completion and opening to traffic, it will be connected with Chengdu-Chongqing High-speed Railway, Zhengzhou-Chongqing High-speed Railway and Chongqing-Kunming High-speed Railway under construction, Xi 'an-Yan 'an High-speed Railway and Xi 'an-Shiyan High-speed Railway, which will greatly facilitate people's travel along the route, consolidate and expand the achievements of poverty alleviation, comprehensively promote rural revitalization, help urban-rural integration and regional coordinated development, and form a new pattern of western development. (CCTV News)Cui Xiangmu, Minister of Planning and Finance of South Korea: South Korea has done its best to stabilize the exchange rate through smooth operation. Compared with the past crisis, the current foreign exchange market situation in South Korea is different. South Korea will not do anything that may damage the "safety net" of foreign exchange.Alibaba Cloud will build new data centers in five overseas countries. On December 11th, Yuan Qian, president of Alibaba Cloud Intelligent International, revealed that in the next three years, Alibaba Cloud will invest in new data centers in five countries around the world, which are located in South Korea, Malaysia, the Philippines, Thailand and Mexico, and will further increase localized services and ecosystem construction. At present, Alibaba Cloud operates 85 available zones in 28 regions around the world, covering Chinese mainland, Hongkong, Southeast Asia, Japan and South Korea, the Middle East and Europe and America.

Wuxi factory was completed last year, and Yakult in Shanghai was closed this year: The Shanghai factory has been integrated into the Shanghai headquarters. Recently, the news that Yakult, a lactic acid bacteria brand, closed its Shanghai factory attracted attention. It is reported that the Shanghai factory producing Yakult, a lactic acid bacteria beverage, stopped production on December 6, and the production will be fully transferred to other domestic bases such as Tianjin factory and Wuxi factory. In this regard, Yakult China said that the Shanghai factory has been integrated into the Shanghai headquarters, and the closure of the Shanghai factory is part of the business reform, with the aim of improving production efficiency through restructuring and integrating resource allocation to further improve sales and performance. (21 Finance)Wang Tao, UBS: It is expected that the Central Economic Work Conference will focus on the short-term policy package. Recently, the market highly expects the Central Economic Work Conference to guide the high-quality economic development of China next year. Wang Tao, head of Asian economic research at UBS and chief China economist, said: "I expect that the Central Economic Work Conference may focus on the short-term policy package in 2025 and 2026, but it will also emphasize accelerating some reform measures already outlined at the Third Plenary Session." Wang Tao believes that the next important reform measures may include providing better protection and access for the private economy, deepening the reform of state-owned enterprises to improve efficiency and governance, promoting household registration reform to improve the welfare of migrant workers, strengthening the social security network, and carrying out fiscal and taxation reforms to solve local fiscal revenue problems. "I think structural, deeper and faster reforms will be very important, not only to attract foreign investment, but also to boost domestic confidence." (China Daily)Hanyu Pharmaceutical Co., Ltd. signed a strategic cooperation agreement with Longma Technology. Recently, Hanyu Biotechnology (Dali) Co., Ltd., a subsidiary of Hanyu Pharmaceutical Co., Ltd., signed a strategic cooperation agreement with Longma Technology Group. The two sides will cooperate in the medical application of industrial cannabis and drug research and development around drugs and cannabinoids.