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The Daily Leo #277: Gold Prices Up, Hotbit Shutting Down, LeoFinance Introduced News2Threads by ifarmgirl-leo

View this thread on: hive.blog |  peakd.com |  ecency.com
hive-167922 · @ifarmgirl-leo · (edited)
$19.82
The Daily Leo #277: Gold Prices Up, Hotbit Shutting Down, LeoFinance Introduced News2Threads
![](https://images.hive.blog/DQmdURREtbzbhSNMXVzYMYwWUcPvGtWBEoQz8EvLuLvZj9Z/DailyLEO.png)

Welcome to The Daily Leo! We pull the best articles in Finances, Crypto news and Hive/Leo into one condensed information packed space. 

Be sure to follow [@thedailyleo](https://leofinance.io/@thedailyleo) so you never miss the Daily LEO. You can also subscribe to the newsletter here [Subscribe to the Daily LEO](https://leofinance.substack.com/)


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<div class="pull-left">https://images.hive.blog/0x0/https://files.peakd.com/file/peakd-hive/ifarmgirl-leo/23xAniqzw3yEzTvg2LKaAeyfYzwTBosrijwbbqXJHTgNnTRag9wuiXBEGfzvwtrSpRk1U.png</div>


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**[Gold ticks up as traders navigate U.S. debt limit hitch, Fed cues](https://www.cnbc.com/2023/05/22/gold-ticks-up-as-traders-navigate-us-debt-limit-hitch-fed-cues.html)**

The prices of gold were up as discussions around the U.S. debt ceiling and Federal Reserved Chair Jerome Powell's less-hawkish comments added to the safe-haven bullion's appeal. Spot gold and US Gold futures were both up by 0.1% at USD1,978.06 and USD1,979.40 respectively. 

“Concerns over the debt ceiling remain to be a key pillar of support for gold prices, with $2,000 [providing a spring board for...](https://www.cnbc.com/2023/05/22/gold-ticks-up-as-traders-navigate-us-debt-limit-hitch-fed-cues.html)

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<div class="pull-left">https://files.peakd.com/file/peakd-hive/ifarmgirl-leo/23u67LEadpKUSvjRtqCucTthZcU6ASqWB6pY9MHtfS8LVRqC83xkEWgm6FkScDp6EyeMC.png</div>

**[Dollar hobbled by dovish Powell, debt ceiling setback](https://finance.yahoo.com/news/dollar-defensive-dovish-powell-debt-022907655.html)**

The dollar extended its decline versus the Yen and Euro on Monday, following a surprise breakdown in U.S. debt ceiling negotiations and after Federal Reserve Chair Jerome Powell indicated a preference to slow rate hikes.

The greenback slipped 0.15% to 137.725 yen to start the week, having snapped a six-day winning streak on Friday, [pulling back from...](https://finance.yahoo.com/news/dollar-defensive-dovish-powell-debt-022907655.html)

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**[Hotbit Crypto Exchange Shutters Citing Market Downturn and ‘Cumbersome’ Regulations](https://beincrypto.com/hotbit-crypto-exchange-shutters-market-downturn-regulations/)**

In a formal statement, Hotbit stated that it was shutting down due to operating conditions deteriorating. Along with declining cash flow, it also blamed a shift in crypto sentiment and tightening regulations.

Hotbit also described the numerous difficulties it was facing. It outlined cyber-attacks [and losses brought on...](https://beincrypto.com/hotbit-crypto-exchange-shutters-market-downturn-regulations/)

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<div class="pull-right">https://files.peakd.com/file/peakd-hive/ifarmgirl-leo/23w2efvBx8ia6SGfwwN7VLYfzM1ogwu71q8mD3y8CnwVS2ZCw2eDMMpao65QmPUBnjeX6.png</div>

**[Huobi Charged For Illegally Operating DAX By Malaysian SEC](https://coingape.com/huobi-charged-for-illegally-operating-dax-by-malaysian-sec/)**

The Securities Commission Malaysia (SC) announced that it has charged Huobi Global Limited and its CEO, Leon Li for operating a digital asset exchange (DAX) without registration. The Commission has asked the crypto exchange to disable its website and mobile application in the country.

The Malaysian SEC directed the Huobi to halt circulating or publishing any advertisements on social media or emails to its local users. The crypto exchange will now have to [disable its application from...](https://coingape.com/huobi-charged-for-illegally-operating-dax-by-malaysian-sec/)


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<div class="pull-left">https://files.peakd.com/file/peakd-hive/ifarmgirl-leo/23xVCnwKgwKi5QEhhNqxtKsuguYoxzoZxxP4CPzY9XMpk1W1ZZtQ5MgokuT4BsaFUVF6G.png</div>

**[Longing for liquidity — 5 things to know in Bitcoin this week](https://cointelegraph.com/news/longing-for-liquidity-5-things-to-know-in-bitcoin-this-week)**

Bitcoin (BTC) starts a new week in a price range that frustrates traders and leaves little to the imagination — what next?

After precious little activity over the weekend, the largest cryptocurrency lacks direction, and even macroeconomic triggers have failed to shift the status quo. At around 10% below the $30,000 mark, BTC/USD is treading water, and despite calls for a further correction, [market participants are...](https://cointelegraph.com/news/longing-for-liquidity-5-things-to-know-in-bitcoin-this-week)


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<div class="pull-right">https://ipfs-3speak.b-cdn.net/ipfs/bafybeibgsbcjy5sb6k6vxg67ev4cfxvvvbvj5g2zosz4pvjkc6zeymzaxe/</div>

<sbr>


**[Introducing News2Threads: AI Meets LeoThreads to Build High Quality Financial News Streaming](https://leofinance.io/posts/leofinance/yirapqbk)**

Innovation continues at LeoFinance and this week, the team introduced the **News2Threads**, a game-changing development which is aimed at creating a stream of high-quality information for Threads. 

Find out more about this latest addition to LeoThreads and [how to take advantage of it.](https://leofinance.io/posts/leofinance/yirapqbk)


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<div class="pull-left">https://files.peakd.com/file/peakd-hive/ifarmgirl-leo/24248fQXRWQTfCg4LCPcjMxE1jS5QHyzg78tnN6zt9EMqBBWaFE1T4v6JGeP6n8TEpsef.png</div>

**[Is HBD a Scam? Addressing the Recent Conversation Around HBD & Why It Will Bring the Next Gen Hiver](https://leofinance.io/posts/leofinance/brdcuyub)**

Mitch and Khal delved into the intriguing idea of paying taxes & investing the money elsewhere. They shared about the potential of using wrapped Bitcoin loans to generate yield or returns and why HBD savings have become a favorite investment, yielding an impressive 20% return, addressed the controversy around HBD, comparing its mechanics to Luna and UST, discussing its safety [mechanisms like haircut rule and...](https://leofinance.io/posts/leofinance/brdcuyub)


---


**LeoFinance** is a blockchain-based social media platform for Crypto & Finance content creators. Our [tokenized app](https://leofinance.io) allows users and creators to engage and share content on the blockchain while earning cryptocurrency rewards.


### Subscribe to [The Daily Leo](https://leofinance.substack.com/) and start being up to date with the crypto & finance world!

Posted Using [LeoFinance Alpha](https://leofinance.io/@ifarmgirl-leo/gold-prices-up-hotbit-shutting-down-leofinance-introduced-news2threads)
👍  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 329 others
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@alokkumar121 · 
Gold is doing good and I would like to see if BTC will do well or gold.. only time will tell
👍  
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@ifarmgirl-leo · 
It will be interesting to see how they behave in the next months and in the longer run.

Posted Using [LeoFinance Alpha](https://leofinance.io/@ifarmgirl-leo/re-alokkumar121-3azo858yy)
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@bitcoinflood ·
$0.05
I'm curious to see where gold and silver trends for the rest of this year. Normally it hasn't held as it store of value but perhaps that's changing?
👍  ,
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vote details (2)
@ifarmgirl-leo · 
It's going to be interesting to see how it goes. Perhaps more people are now seeing it as a safer bet during these uncertain times. 

Posted Using [LeoFinance Alpha](https://leofinance.io/@ifarmgirl-leo/re-bitcoinflood-pvvvjzvu)
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@henrietta27 ·
$0.05
Great innovations still coming on to threads... Nice one
👍  ,
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vote details (2)
@ifarmgirl-leo · 
That's right. It will only get better :)

Posted Using [LeoFinance Alpha](https://leofinance.io/@ifarmgirl-leo/re-henrietta27-svnq7yni)
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@hivebuzz · 
Congratulations @ifarmgirl-leo! You have completed the following achievement on the Hive blockchain And have been rewarded with New badge(s)

<table><tr><td><img src="https://images.hive.blog/60x70/http://hivebuzz.me/@ifarmgirl-leo/comments.png?202305210807"></td><td>You made more than 15000 comments.<br>Your next target is to reach 16000 comments.</td></tr>
<tr><td><img src="https://images.hive.blog/60x70/http://hivebuzz.me/@ifarmgirl-leo/replies.png?202305211311"></td><td>You got more than 10500 replies.<br>Your next target is to reach 11000 replies.</td></tr>
</table>

<sub>_You can view your badges on [your board](https://hivebuzz.me/@ifarmgirl-leo) and compare yourself to others in the [Ranking](https://hivebuzz.me/ranking)_</sub>
<sub>_If you no longer want to receive notifications, reply to this comment with the word_ `STOP`</sub>


To support your work, I also upvoted your post!


**Check out our last posts:**
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@idiosyncratic1 ·
$0.05
News2Threads is a fun tool, I liked that! 

Thanks for Daily LEO
👍  ,
properties (23)
authoridiosyncratic1
permlinkre-ifarmgirl-leo-2023522t195717513z
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vote details (2)
@ifarmgirl-leo · 
It is and I can't wait to try it out. 

Thank you :)

Posted Using [LeoFinance Alpha](https://leofinance.io/@ifarmgirl-leo/re-idiosyncratic1-2cvz6np3o)
properties (22)
authorifarmgirl-leo
permlinkre-idiosyncratic1-2cvz6np3o
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json_metadata{"app":"leothreads/0.3","format":"markdown","tags":["leofinance"],"canonical_url":"https://leofinance.io/@ifarmgirl-leo/re-idiosyncratic1-2cvz6np3o","isPoll":false,"pollOptions":{}}
created2023-05-23 02:41:06
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@reeta0119 · 
this bear market is a tough time for many exchanges and Hotbit is the one.. We may see some more names if it remains the same.
👍  
properties (23)
authorreeta0119
permlinkre-ifarmgirl-leo-rv3lrp
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vote details (1)
@ifarmgirl-leo · 
You are right, there could be more and there seems to be no ease in the market any time soon.

Posted Using [LeoFinance Alpha](https://leofinance.io/@ifarmgirl-leo/re-reeta0119-24eg8vjc9)
properties (22)
authorifarmgirl-leo
permlinkre-reeta0119-24eg8vjc9
categoryhive-167922
json_metadata{"app":"leothreads/0.3","format":"markdown","tags":["leofinance"],"canonical_url":"https://leofinance.io/@ifarmgirl-leo/re-reeta0119-24eg8vjc9","isPoll":false,"pollOptions":{}}
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@uyobong · 
news2threads is just an  amazing feature on LeoFinance. It only shows how scalable the infrastructure is and the many possibilities ahead.
properties (22)
authoruyobong
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beneficiaries[]
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