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On September 15th, data from the National Bureau of Statistics showed that in August, the year-on-year decline in new residential property prices in first-tier cities was 0.9%, a decrease of 0.2 percentage points compared to the previous month. Specifically, prices in Beijing, Guangzhou, and Shenzhen fell by 2.3%, 1.9%, and 2.3% respectively, while Shanghai saw an increase of 3.0%. In second- and third-tier cities, the year-on-year declines in new residential property prices were 2.7% and 4.1% respectively, both narrowing by 0.1 percentage points. In August, the year-on-year decline in existing residential property prices in first-tier cities was 2.7%, a decrease of 1.0 percentage point compared to the previous month. Specifically, prices in Beijing, Shanghai, Guangzhou, and Shenzhen fell by 3.5%, 0.8%, 3.8%, and 2.7% respectively. In second- and third-tier cities, the year-on-year declines in existing residential property prices were 4.9% and 5.6% respectively, both narrowing by 0.2 percentage points.New Residential Housing Prices: 1. Beijing: August new residential housing prices -0.2% month-on-month (previous value -0.3%), -2.3% year-on-year (previous value -2.3%). 2. Shanghai: August new residential housing prices +0.4% month-on-month (previous value +0.2%), +3.0% year-on-year (previous value +3.0%). 3. Guangzhou: August new residential housing prices +0.1% month-on-month (previous value +0.1%), -1.9% year-on-year (previous value -2.2%). 4. Shenzhen: August new residential housing prices +0.2% month-on-month (previous value +0.2%), -2.3% year-on-year (previous value -2.9%). Second-hand Residential Housing Prices: 1. Beijing: August second-hand residential housing prices -0.1% month-on-month (previous value 0.0%), -3.5% year-on-year (previous value -4.5%). 2. Shanghais existing home prices in August increased by 0.3% month-on-month (previous value +0.3%) and decreased by 0.8% year-on-year (previous value -2.0%). 3. Guangzhous existing home prices in August remained unchanged month-on-month (previous value +0.4%) and decreased by 3.8% year-on-year (previous value -4.7%). 4. Shenzhens existing home prices in August increased by 0.1% month-on-month (previous value +0.2%) and decreased by 2.7% year-on-year (previous value -3.6%).National Bureau of Statistics: Beijings second-hand housing prices in August decreased by 0.1% month-on-month (previous value +0%) and decreased by 3.5% year-on-year (previous value -4.5%).According to the National Bureau of Statistics, the price of second-hand residential properties in Shenzhen rose 0.1% month-on-month in August (up 0.2% in the previous month) and fell 2.7% year-on-year (down 3.6% in the previous month).September 15th - The 2026 China Carbon Market Conference was held in Wuhan, Hubei Province this morning, and the "National Carbon Market Development Report (2026)" was released at the conference. Reporters learned that as of the end of August, the national carbon emission trading market had accumulated transactions exceeding 900 million tons, with a transaction value exceeding 60 billion yuan. The national carbon market has grown from nothing to a significant stage, playing a crucial role in promoting the achievement of carbon peaking and carbon neutrality goals.

Crypto Market Daily Highlights The Crypto Meltdown

Jimmy Khan

May 27, 2022 10:21

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On Thursday, the crypto market had a gloomy day, with Ethereum (ETH) falling below $1,800.

Investor sentiment was put to the test as a result of the possibility of a regulatory change. The crypto market remains negatively impacted by market concerns about inflation, Fed monetary policy, and inflation.


However, Bitcoin (BTC) rebounded from sub-$28,000 levels to finish the day with a little loss. In the second part of the day, a late comeback, fueled by the NASDAQ 100 breakthrough, provided much-needed support.


The NASDAQ 100's Correlation with Bitcoin is Weakening.


While the NASDAQ 100 provided support for bitcoin, the link between bitcoin and the NASDAQ deteriorated this week.


On Thursday, Bitcoin fell for the second day in a row, while the NASDAQ 100 increased for the second day in a row.


Despite the gloomy attitude in the crypto market, the Fear & Greed Index jumped this morning from 11/100 on May 25 to 12/100.


After rebounding from a Monday 10/100, the Index has been hovering this week. While the Index has remained stable, it is still deep in the "Extreme Fear" zone, indicating investor concern about a crypto sell-off.


Before succumbing to market forces, the Sandbox caught a wave.


The Sandbox (SAND) jumped 9.4% to a day high of $1.5166 in the early Thursday session before falling back into the red.


The announcement of Elvis Presley, the King of Rock and Roll, joining The Sandbox was the catalyst for the breakthrough.


The Sandbox will produce Elvis avatars that will enable users to transform into Elvis Presley in order to create a "immersive and gamified world of Elvis in the metaverse."


The Sandbox, on the other hand, ended the day with a 1.85 percent loss, reversing the morning gains.

The market cap of the top ten cryptocurrencies has dropped by $90 billion, resulting in significant losses.


The broad-based crypto sell-off on Thursday took $90 billion off the crypto market valuation until late support curbed the losses. The entire market capitalization was $1,192 billion at the time of writing, up from a low of $1,153 billion on Thursday.


SOL led the way down in the crypto top 10, falling 9.35 percent.


SOL was joined in the deep red by ADA (-7.00%), BNB (-6.86%), DOGE (-6.08%), and ETH (-7.00%). (-7.73 percent ).


BTC and XRP outperformed the market, sliding 1.08 percent and 3.27 percent, respectively.

Away from the Cryptocurrency Markets

Ex-Binance executives have formed a $100 million fund to invest in Latin American and African Web3 firms.


The markets are watching the Terra remake, with LUNA 2.0 releasing amid market turmoil.


Miami Mayor Francis Suarez said at Davos that he still gets paid in bitcoin, but with a stipulation.


Binance's development proceeded with the signing of a Memorandum of Understanding with the government of Kazakhstan.