Crypto News
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Trump-themed memecoin MAGA (TRUMP) surged as much as 78% on May 9 following Republican presidential candidate Donald Trump’s comments on cryptocurrencies. Data from Cointelegraph Markets Pro and TradingView shows MAGA trading at $6, up 46% over the last 24 hours. chart Its 24-hour trading volume has jumped 620% to rest at $281.8 million, and with a market ...
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The Ethereum user who accidentally sent $71 million worth of Wrapped Bitcoin to the wrong address last week—after being hit with an apparent “address poisoning” scam—may be about to get their money back. Or at least some of it. On May 3, address 0x1E227 sent 1,155 Wrapped Bitcoin (WBTC)—about $71 million worth—to a scammer’s crypto address, after being ...
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Bond markets make the financial world go round, helping to grease the wheels of commerce, allowing economic activity to expand. But when too much debt is issued, it can overwhelm demand, causing borrowing costs to spike which can be detrimental to the economy. This balancing act is attracting plenty of interest right now, especially when it comes to trends ...
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Good afternoon. It’s a pleasure to welcome you to the 11th Annual Conference on Financial Market Regulation. As is customary, I’d like to note that my views are my own as Chair of the Securities and Exchange Commission, and I am not speaking on behalf of my fellow Commissioners or the staff. My thanks to the Center for Financial Services at Lehigh ...
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Bitcoin is grinding lower as part of a $500 billion slide in digital assets, stoking questions about whether the crypto rebound has peaked. The token is flirting with five straight days of declines, which would be the longest such losing run since October last year. The overall crypto market has tumbled 17% to $2.4 trillion in the wake of Bitcoin’s ...
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Bitcoin has been pulling back this week following a test of the 50-Day MA on Monday with a high of 65,523. That advance broke out of a prior descending bullish wedge and expanded the top boundary line of the pattern. The pattern is deeper now showing less price compression than seen in the earlier version. Both the 50-Day and 20-Day MAs are above the ...
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Release of the Financial Stability Report — Press conference by Governor Tiff Macklem and Carolyn Rogers, Senior Deputy Governor (11:00 (ET) approx.).
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At the May FOMC meeting, Federal Reserve Chair Jerome Powell suggested the Bank's monetary policy stance was “in a good place”, but it is obvious that officials are concerned ...
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Our Monetary Policy Committee (MPC) decides what monetary policy action to take. The MPC sets and announces policy eight times a year (roughly once every six weeks). In this ...
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In the week ending May 4, the advance figure for seasonally adjusted initial claims was 231,000, an increase of 22,000 from the previous week's revised level. The previous week's ...
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post: BOE'S BAILEY - LIKELY WE WILL NEED TO CUT BANK RATE OVER THE COMING QUARTERS BOE'S BAILEY - POSSIBLE WE WILL NEED TO CUT RATES MORE THAN CURRENTLY PRICED INTO MARKET RATES post: BOE GOV. BAILEY: WE HAVE NO PRECONCEPTIONS ABOUT HOW FAR AND FAST WE WILL CUT RATES. post: BOE GOV. BAILEY: MARKET MOVES IN INTEREST RATE EXPECTATIONS HAVE BEEN DOMINATED BY US MOVES. post: BOE GOV. BAILEY: THERE HAS BEEN SOME DECOUPLING RECENTLY BETWEEN UK AND US MARKET RATE EXPECTATIONS. post: BOE GOV. BAILEY: ONE SMALL CUT IN THE BANK RATE WOULD STILL LEAVE US WITH RESTRICTIVE MONETARY POLICY.
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post: SF FED'S DALY (VOTER) Q&A/MERCATUS: INFLATION IS 'GOING TO BE A BUMPY ROAD;' FAR TOO EARLY TO DECLARE VICTORY #Daly #FederalReserve post: FED'S DALY: THE LAST THREE MONTHS HAS LEFT CONSIDERABLE UNCERTAINTY ABOUT THE NEXT FEW MONTHS OF INFLATION. post: DALY: A RANGE OF SCENARIOS THE FED IS FACING RIGHT NOW post: Daly: Still See a “Really Healthy” Labor Mkt and Inflation That is Too High post: ?*DALY: POLICY RESTRICTIVE, MAY TAKE MORE TIME TO LOWER INFLATION
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Bitcoin has been pulling back this week following a test of the 50-Day MA on Monday with a high of 65,523. That advance broke out of a prior descending bullish wedge and expanded the top boundary line of the pattern. The pattern is deeper now showing less price compression than seen in the earlier version. Both the 50-Day and 20-Day MAs are above the ...
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Bitcoin price is down 1.85% over the last 24 hours and currently trades 17% below its all-time high of $73,835 reached on March 14. Despite this performance, the technical setup, whale activity and on-chain data show that Bitcoin traders believe a trend reversal toward news highs could be in the making. Bitcoin price retests key support areas Data from ...
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Crypto trading and market-making firm DWF Labs denied reports that it engaged in $300 million of wash trading on Binance in 2023. "It has come to our attention that a recent article contains many allegations that we believe to be unfounded and that do not accurately represent our ethical business practices," DWF Labs said in its Telegram channel. The Wall ...