According to the Gate News bot, the announcement from the Gate platform on November 5, 2023. Gate will launch the CRMC 7-day fixed investment product from November 5th 14:00 to December 5th 14:00 ( UTC+8, offering an annualized return of 120%, with a total quota of 1.7 million CRMC. CHREMA is a Web3 ecosystem project that digitizes the income from mining and distribution contracts with the mining company AMC through blockchain technology. The project aims to achieve transparent and automatic distribution of income to blockchain users through a decentralized system, integrating gold assets into the DeFi ecosystem.

On August 11, Jin10 reported that despite concerns over U.S. tariffs triggering one of the most severe market sell-offs this year, retail investors in India continued to increase their stock investments in July. Data from the Association of Mutual Funds in India shows that Indian mutual funds focused on equities (which mainly receive funding from individual investors) achieved a record net inflow of 427 billion rupees (approximately $4.9 billion). The funds flowing into monthly systematic investment plans amounted to about 285 billion rupees. The net inflow for the 53rd consecutive month not only highlights retail investors' confidence in the long-term prospects of local stocks but also reflects their willingness to bet on the stock market even during an overall market sell-off. A. Balasubramanian, CEO of Aditya Birla Sun Life AMC Ltd., stated, "In times of high uncertainty, this proves the resilience and maturity of the Indian market and investors."

Odaily News "Bond King" Bill Gross made millions in 2021 by shorting GameStop and AMC, stating that GameStop's current performance no longer resembles a "meme stock" and instead is quite similar to BTC. From early January to early April this year, the price of Bitcoin fell, but it has now rebounded to above $110,000. GameStop announced its first purchase of Bitcoin at the end of May and currently holds approximately 4,710 Bitcoins, worth about $537 million. (BusinessInsider)

Golden Finance reports that the three major U.S. stock indices opened lower collectively, with the Dow Jones down 0.54%, the Nasdaq down 0.32%, and the S&P 500 index down 0.43%. Crypto Assets concept stock SharpLink Gaming rose over 8%, Bit Digital rose over 3%; AMC rose over 7%.

From the "Tulip Mania" in the Netherlands during the 1630s to internet memes stocks like GameStop and AMC during the pandemic, history is filled with various peculiar asset price fluctuations. But what exactly makes them financial bubbles? The price of Bitcoin has currently reached about $108,000, up from $55,000 a year ago and $9,200 five years ago. Does this reflect the fundamentals? Possibly. Looking at recent market trends, even in developed economies, policy-induced inflation could shrink the value of your savings by 20% or more. US President Trump has shown a clear inclination to support crypto assets, even mentioning the establishment of a government strategic cryptocurrency reserve. Other store of value assets like gold can be quite tricky for the average investor to buy and sell.

According to the Gate News bot, Visa and Chainlink have achieved a major milestone in the Hong Kong Monetary Authority's (HKMA) e-HKD+ pilot program, successfully testing (CBDC) using central bank digital currencies and stablecoins for cross-border blockchain transactions. The trial was (Fidelity by Visa in partnership with ANZ Bank )ANZ(, China AMC )ChinaAMC( and Fidelity International International) is one of the first examples of a real-world simulation of programmable money for cross-border investment in tokenized assets. The test uses Chainlink's cross-chain interoperability protocol (CCIP) to connect ANZ Bank's (ANZ) private blockchain, DASChain, with Ethereum (ETH)'s public testnets.

PANews, June 9 - According to Chainlink's official statement, its technology is being used in the second phase pilot of e-HKD+, supporting the secure exchange between Hong Kong Central Bank Digital Currency (CBDC) and Australian Dollar stablecoin. Participants include Visa, ANZ, China AMC, and Fidelity, aiming to promote the modernization of cross-border payments.

3iQ Corp., a global company focused on digital asset investment solutions, and its Swiss partner, Criptonite Asset Management (AM), announced that they have launched 3iQ Criptonite multi-factor asset management for qualified professional investors (3iQ Criptonite Multi-Factor AMC)。 The strategic objective of the new company is to "capture multi-day and short-term market trends, apply quantitative analysis, and make data-driven investment decisions using advanced statistical models." It is worth mentioning that multi-factor asset managers do not use leverage, "ensure that all trades are settled in cash, and employ an active management strategy to provide targeted market exposure while controlling downside risk".

Gate News bot reported that crypto asset manager 3iQ announced on Thursday that it has partnered with Swiss compliance partner Criptonite Asset Management to launch a hedge fund product listed as an actively managed security (AMC). It is understood that AMCs are regulated investment vehicles that allow accredited investors to invest in actively managed products. The new structured product will be traded on the SIX Swiss Exchange (Swiss Exchange SIX). 3iQ Criptonite Multi-Factor AMC is a hedge fund with a long-short strategy that captures both upward and downward market trends through dynamic positioning.