Crypto News
- From decrypt.co|55 min ago
Unexpected moments can have surprising ripple effects. This was vividly illustrated when a pair of NFT builders from DeGods project creator DeLabs—founder Frank (aka Rohun Vora) and Chief of Staff Malcolm—visited Donald Trump’s Mar-a-Lago resort earlier this month for an event for Trump NFT holders, and went viral for asking the former president a ...
- From nypost.com|12 hr ago
Google is scrambling to remove a wave of incorrect or even dangerous answers from its controversial AI-powered search results — including one answer that advised users to eat rocks for nutrition. The embattled Big Tech giant has faced a major backlash for spreading misinformation since the tool, dubbed AI Overviews, was rolled out in the US this month. ...
- From etftrends.com|5 hr ago
The Ethereum network made headlines last week with the SEC’s surprise rule change approval, opening the door for ether ETF approvals. While potential spot ether and spot bitcoin ETFs share some similarities, foundational differences in the two cryptocurrencies make for very different use cases for investors. The SEC approved applications from several ...
- From imf.org|6 hr ago
China’s economy is projected to grow by 5 percent in 2024 and 4.5 percent in 2025. These reflect upward revisions of 0.4 percentage points for both years compared to the April WEO projections, driven by strong Q1 GDP data and recent policy measures. Core inflation is expected to rise but stay low as output remaining below potential. Risks are tilted to the ...
- From bnnbloomberg.ca|1 hr 52 min ago
The blockchain technology underlying the digital-asset sector provides an opportunity for banks to respond to the margin compression across financial services, according to Deutsche Bank AG. The German lender recently began testing a platform based on the Ethereum network, crypto’s key commercial highway. The platform offers digital services for tokenized ...
- From dailyforex.com|21 hr ago
Bitcoin price jumped above the psychological level of $70,000 in the overnight session as sentiment in the industry improved. The BTC/USD pair was trading at 70,100 as bulls targeted last week’s high of over 72,000. Bitcoin’s rally has accelerated after the Securities and Exchange Commission (SEC) gave its blessing for three spot Ether ETFs. These funds ...
- From usfunds.com|4 hr ago
I’m fresh off the plane from Las Vegas—and no, I wasn’t hitting the slots, though the city’s Harry Reid International Airport sure hit the jackpot with a record-breaking 57.6 ...
- From axios.com|10 hr ago
Economists are debating how AI might reshape the U.S. job market and boost productivity growth in the decades ahead. But a new paper finds that such benefits will be harder to ...
- From schwab.com|3 hr ago
Housing has been a frustrating segment of the economy to analyze, both since the pandemic first erupted and the Federal Reserve embarked on an aggressive rate-hiking cycle two ...
- From abs.gov.au|7 hr ago|7 comments
The monthly CPI indicator rose 3.6% in the 12 months to April. The most significant price rises were Housing (+4.9%), Food and non-alcoholic beverages (+3.8%), Alcohol and tobacco ...
- From forexlive.com|6 hr ago|3 comments
Bank of Japan board member Seiji Adachi: • Changing monetary policy frequently to stablise FX moves would lead to big changes in rate moves. • If interest rate moves are too big, ...
- From @FirstSquawk|2 hr 57 min ago
post: BOJ'S ADACHI: WE WILL MORE CAREFULLY WATCH LONG-TERM INTEREST RATE MOVES post: BOJ'S ADACHI: DON'T HAVE STRONG VIEW ON WHETHER BOJ BOND BUYING REDUCTION SHOULD COME SOON, OR LATER post: BOJ BOARD MEMBER ADACHI: THERE WAS NO POLICY IMPLICATION TO BOJ'S SINGLE-DAY DECREASE IN BOND BUYING post: BOJ'S ADACHI: MY INFLATION FORECASTS HAVEN'T CHANGED MUCH FROM APRIL post: BOJ'S ADACHI: DON'T HAVE PRESET PLAN, IDEA ON HOW SOON TO REDUCE BOJ'S BOND BUYING
- From tickmill.com|20 hr ago
Bitcoin prices have come under fresh selling pressure today. Following a firm push higher yesterday, BTC futures have shed almost 5% from Monday’s peak. The driver behind the move is news that the failed crypto exchange Mt. Gox is beginning to offload the roughly $9 billion worth of Bitcoin held in its bankruptcy estate. Mt. Gox Crypto Moves On Watch ...
- From dailyforex.com|21 hr ago
Bitcoin price jumped above the psychological level of $70,000 in the overnight session as sentiment in the industry improved. The BTC/USD pair was trading at 70,100 as bulls targeted last week’s high of over 72,000. Bitcoin’s rally has accelerated after the Securities and Exchange Commission (SEC) gave its blessing for three spot Ether ETFs. These funds ...
- From financemagnates.com|26 hr ago
BitMart, a global cryptocurrency exchange, has announced the addition of the Euro (EUR) to its peer-to-peer (P2P) trading marketplace. This new feature aims to provide European users with enhanced opportunities for cryptocurrency trading. Diverse Exchange Rates for User-Seller Deals: The P2P trading platform at BitMart allows users to interact with multiple ...