DEEPSEEK
UK's 2023 Economic Outlook Report: Inflation Surges, Growth Adjusted Downward
The UK's economic forecast for 2023 has been revised downwards to 2.8% due to global supply chain disruptions and energy price surges. Inflation is expected to average 3.5%, surpassing the Bank of England's 2% target. The job market is expected to recover, with a 5.3% average increase in house prices. The Bank of England may raise interest rates to 1.5% due to inflation.
BitKeep Wallet Surpasses 10 Million Users
BitKeep Wallet has reached over 10 million users, with 560,000 new users in March due to successful campaigns with Arbitrum and Sui. Bitget has invested $30 million in the platform, resulting in a rebranding to Bitget Wallet while remaining an independent entity.
JPMorgan CEO Admits He Does Not Care About Bitcoin But Foresees 10 Times Growth in 5 years
JPMorgan’s Chief Executive Officer, Jamie Dimon admitted that he does not care about Bitcoin but believes in a 10x growth in 5 years.
Blockchain Industry Will Be Valued at $21 Billion Globally by 2025, Research Suggests
A research study by Fortune Business Insight, a market reporting and consulting firm, suggests the global blockchain industry will be valued at a mammoth $21 billion in the next five years. The report explored the rise of financial technology and blockchain companies working towards financial inclusion and targeting developing countries and regions to leverage growth. Such regions, incidentally, have witnessed a growth in educated talent in the past decade, and are well-suited to interact with and understanding distributed ledger mechanisms.
