Crypto News
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The stablecoin space is growing increasingly contentious as the chief executives of Tether and Ripple traded accusations and allegations that the U.S. government is coming for them. Brad Garlinghouse, the CEO of stablecoin issuer Ripple, kicked off the latest round of hostilities on May 10 when he told Chris Vasquez of the World Class podcast that after the ...
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Last year, financial scams led to almost half a trillion dollars in losses worldwide, roughly equal to the GDP of Singapore. As fintech has advanced globally, cyber-criminals have exploited various platforms in complex attacks. Often, they will steal customers’ account information on digital payment systems and online banking sites as a highly lucrative ...
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When the yield curve flattens and eventually inverts, you worry. But it’s when a recession hits, the Fed cuts rates and the curve steepens that you become s**t scared. Yield curve dynamics represent a crucial macro variable, as they inform us on today’s borrowing conditions and on the market future expectations for growth and inflation. An inverted yield ...
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The US ordered a Chinese crypto mining company to vacate and sell a property it bought near a Wyoming Air Force base that houses intercontinental ballistic missiles, calling the firm a national security threat. MineOne Partners Ltd. and its affiliated units and companies “might take action that threatens to impair the national security” of the US, the White ...
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The latest week was highlighted by positive public sentiment for bitcoin. Wells Fargo (WFC) and JPMorgan Chase (JPM) both reported holdings in spot bitcoin exchange-traded funds, and Twitter co-founder and former CEO Jack Dorsey forecast that bitcoin's price could climb to $1 million by 2030. Meanwhile, crypto analysts are tracking meme coins this week, as ...
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Bitcoin (BTC) price outlook is lull on higher periods, but the outlook is completely different on lower time frames. The pioneer cryptocurrency is showing strengyh, with the Asian session progressively proving more actionable for traders. Daily digest market mover: Mainland China wants in on Hong Kong spot Bitcoin ETF: The Asian session was good for the ...
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US consumer expectations for inflation and home prices rose in April while perceptions of the labor market weakened, underscoring an uneasy backdrop for household finances and the ...
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CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile ...
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Consumers in April raised their expectations for price increases both in the near and longer term, fueled by higher inflation in home prices along with fuel and energy, according ...
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post: SNB'S CHAIRMAN JORDAN: THE OUTLOOK FOR SWISS INFLATION IS NOW MUCH BETTER.
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post: PBoC Fixes USDCNY Reference Rate At 7.1053 (prev fix 7.1030 prev close 7.2332)
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We expected a quiet week last week…and we got one! A lack of events helped US stocks drift higher last week, as bad news dissipated and bulls regained momentum. The S&P 500 is now down less than 1% from its all-time high, while the Dow has climbed in an astounding eight straight trading sessions — its longest streak since rallying for nine in a row in ...
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Bitcoin (BTC) price continues to conceal its hand on higher time frames with the stance compelling altcoins to pick a side. Altcoins with bullish fundamentals continue to show short-term strength, whereas those devoid of any continue to bleed. The fate of altcoins hinges on BTC with a show of stability likely to kickstart a rally for Ethereum (ETH) and ...
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Michael Ashby, who most recently led the digital-asset strategic implementation at hedge fund firm Point72, has joined the proprietary crypto trading firm AlgoQuant. Ashby, who joined AlgoQuant in April as chief executive officer, said in an interview that the firm is seeking to expand into asset management in the digital sector. He has relocated from New ...