Bitcoin (BTC-USD) dropped more than 4% on Tuesday to hover above $62,000 per token. What's behind the move: The world's largest cryptocurrency sank alongside the overall market as tech stocks fell. Bitcoin's trajectory this week has mostly followed the major averages, particularly the tech sector. "We think Bitcoin's renewed sell-off reflects a combination ...

Trump: Making a deal with Iran, we'll see how it goes Trump: Iran is wrong about IAEA inspectors, there's no rush to get inspectors on the ground in Iran

IRAN PRESIDENT: WILL 'NEVER COMPROMISE' ON MISSILE CAPABILITIES

Lite Strategy completed a $1 million strategic investment in ZK Innovations Inc., the developer of LitVM, the first ZK Layer 2 platform built on Litecoin, according to Crypto Reporter. This direct funding introduces new capital and development resources to the Litecoin ecosystem, facilitating advancements in scalable blockchain technology and expanding use ...

Bitcoin (BTC) has dropped over 8% from its June high near $67,255, putting the $60,000 support level back in focus. Bitcoin is getting close to retesting $60,000 as SpaceX’s post-IPO rout erases over $600 billion in market value and shakes risk appetite across speculative assets. The Elon Musk-led company priced its record IPO at $135 per share earlier in ...

BoC's Gov. Macklem: I do worry that too much forward guidance becomes false precision, can become confusing BANK OF CANADA’S MACKLEM TO REPORTERS: IRAN-US PEACE DEAL TAKING AWAY SOME UPSIDE RISKS TO INFLATION BUT STILL LOOKING AT HIGHER PRICES IN PIPELINE #Canadaecon #IranWar #inflation BoC's Gov. Macklem: Overall, banks are not seeing so far much spreading of higher oil prices to other prices of other goods and services BoC's Gov. Macklem: Food inflation is a concern

On October 10, 2025, the announcement of a potential additional 100 percent tariff on Chinese goods drove risk-off moves across equities, Treasuries, credit spreads, and digital assets. Digital asset prices fell sharply, trading volumes surged, and liquidity vanished from key exchanges. In this post, we show how the price shock in digital assets was ...

Three leading cryptocurrency trade organizations have intensified their campaign to secure passage of taxation legislation affecting blockchain mining and staking rewards. The coalition delivered a unified message to federal legislators, emphasizing the importance of approving the measure as written. They maintained that the framework would eliminate ...

US business activity growth improved for a third successive month in June, according to flash PMI survey data from S&P Global. However, the rate of growth remained weaker than at the start of the year. Companies also cut back on their staffing levels amid concerns over the outlook and in response to rising overheads, notably in terms of raw material prices. ...

On Tuesday, June 23, 2026, Tiff Macklem, Governor of the Bank of Canada, will speak before the France-Canada Chamber of commerce and Paris Europlace.

Macklem voices concern over absence of worldwide crypto regulation

Good afternoon and thank you for the invitation. It’s a pleasure to be here with Paris Europlace and the Chambre de commerce France-Canada. Six weeks ago, I was here in Paris with G7 finance ministers and central bankers. Much of our meeting focused on the conflict in the Middle East and its implications for near-term growth and inflation. The US-Iran agreement signed last week is a very welcome development and global energy prices have begun to come down, though much remains to be worked out. We also discussed medium-term growth. We expressed concern that global imbalances are widening again, with some countries running large deficits and others running large surpluses that persist over time. And we discussed how to promote more balanced growth over the medium term. This is what I want to talk about today. Renewed G7 focus on global imbalances began last year under Canada’s presidency and has continued under France’s leadership this year. So it seems appropriate that a Canadian central banker talk about global imbalances while here in France. But I will acknowledge that this is not an easy topic. Global imbalances are not front of mind for households or businesses. And they are not even obviously problematic. Indeed, trade deficits and surpluses are an integral part of our mutually beneficial global system of open trade and investment. But when imbalances are too big and too one-sided for too long, they become excessive. When needed adjustment is not happening, imbalances can spill over —and then we all feel it. Through trade and investment flows, exchange rates and asset prices, imbalances can affect employment, inflation and financial security. And they can affect more than our economies—they can affect relations between countries. Canada is BANK OF CANADA'S MACKLEM SPEECH: WARNS RISING ROLE OF HEDGE FUNDS IN GOVT DEBT MARKET MAY BE MAKING THIS MARKET MORE FRAGILE, PRONE TO CONTAGION #finance #hedgefunds #economy BoC: Financial system dominated by new and less regulated players Macklem: while imbalances shift gradually, appeal of U.S. dollar may have prolonged persistence of imbalances Macklem: To build a more balanced and resilient global system, more destinations for savings beyond the U.S. are needed