Crypto News
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Ethereum co-founder and one of the biggest voices in the cryptocurrency space, Vitalik Buterin, praised the ecosystem's free speech ideals. However, the assertion faced backlash from a group of people on social media. What Happened: The man behind one of the biggest blockchain projects took to social platform X to take pride in Ethereum's culture of ...
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It took just one flicker of an idea, two minutes of typing, and four SOL. Within an hour, Michael Anderson had created a financial asset worth in excess of $25 million. “I’m sitting here going, ‘What the hell has just happened?’” Anderson, better known by his crypto moniker Mando, told Decrypt. The absurd tale of the asset in question, a Solana meme coin ...
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Bitcoin, the world’s first decentralised cryptocurrency, has made headlines for its dramatic price swings and potential to revolutionise the financial world. However, not many are familiar with one of its most celebrated days: Bitcoin Pizza Day. This annual event commemorates the first real-world transaction using Bitcoin, which took place on May 22, 2010. ...
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Ethereum co-founder and one of the biggest voices in the cryptocurrency space, Vitalik Buterin, praised the ecosystem's free speech ideals. However, the assertion faced backlash from a group of people on social media. What Happened: The man behind one of the biggest blockchain projects took to social platform X to take pride in Ethereum's culture of ...
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Thank you, Mark, for the kind introduction, and good morning to all of you.1 I am happy to be here. Today, I will do three things. First, I'll share with you my current outlook for the US economy. Second, I'll discuss my thinking on the current stance of monetary policy. Third, I'll review the dynamics of housing prices which can feed into the persistence of inflation. My focus on housing price dynamic stems from the role housing plays in the American economy. For most families, a home is their largest-ever purchase and their most valuable asset. Capital markets professionals in real estate finance, like you, are crucial to the smooth operation of the housing sector. Families making housing decisions rely on a healthy and productive housing finance sector. The housing sector is also one of the most interest rate–sensitive sectors of the economy. As such, it's an important channel of monetary policy transmission. Understanding the various channels of monetary transmission is crucial to fulfillment of the dual mandate given to the Federal Reserve by the Congress: maximum employment and stable prices. This mandate guides my thinking about monetary policymaking. With that, I'll turn to my outlook for the US economy. Aggregate Economic Activity The U.S. economy continues to grow at a solid pace. Adjusted for inflation, GDP was reported to have increased at a 1.6 percent annual rate in the first quarter of 2024. That was a moderation from a 3.4 percent expansion in the fourth quarter of last year. However, private domestic final purchases—which excludes inventory investment, government spending, and net exports and usually sends a clearer signal on underlying demand—grew 3.1 percent in the first quarter. That was about as strong as the second half of 2023. post: Fed's Jefferson: Policy Rate is in Restrictive Territory Jefferson: April’s Better Inflation Reading is Encouraging Jefferson: Long-Term Inflation Expectations Show Americans Believe Fed Will Make Good on 2% Inflation Goal
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Bitcoin prices are starting the week in the green with BTC futures lightly bid through early European trading on Monday. The market broke out to fresh highs for the month last week as traders reacted to softer US inflation. However, the market has yet to see proper follow through on the initial move, suggesting some hesitation ahead of a fresh test of ...
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Despite market expectations, both the Fed and the RBA have recently revealed a cautious approach to further rate rises. There were four key factors that influenced this decision, ...
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Global venture capital investment in crypto companies rose to $2.4 billion in the first three months of 2024, data showed on Monday, in a tentative sign that investor interest is ...
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Iranian President Ebrahim Raisi and his foreign minister died when their helicopter crashed as it was crossing mountain terrain in heavy fog, an Iranian official told Reuters on ...
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Thank you, Mark, for the kind introduction, and good morning to all of you.1 I am happy to be here. Today, I will do three things. First, I'll share with you my current outlook for the US economy. Second, I'll discuss my thinking on the current stance of monetary policy. Third, I'll review the dynamics of housing prices which can feed into the persistence of inflation. My focus on housing price dynamic stems from the role housing plays in the American economy. For most families, a home is their largest-ever purchase and their most valuable asset. Capital markets professionals in real estate finance, like you, are crucial to the smooth operation of the housing sector. Families making housing decisions rely on a healthy and productive housing finance sector. The housing sector is also one of the most interest rate–sensitive sectors of the economy. As such, it's an important channel of monetary policy transmission. Understanding the various channels of monetary transmission is crucial to fulfillment of the dual mandate given to the Federal Reserve by the Congress: maximum employment and stable prices. This mandate guides my thinking about monetary policymaking. With that, I'll turn to my outlook for the US economy. Aggregate Economic Activity The U.S. economy continues to grow at a solid pace. Adjusted for inflation, GDP was reported to have increased at a 1.6 percent annual rate in the first quarter of 2024. That was a moderation from a 3.4 percent expansion in the fourth quarter of last year. However, private domestic final purchases—which excludes inventory investment, government spending, and net exports and usually sends a clearer signal on underlying demand—grew 3.1 percent in the first quarter. That was about as strong as the second half of 2023. post: Fed's Jefferson: Policy Rate is in Restrictive Territory Jefferson: April’s Better Inflation Reading is Encouraging Jefferson: Long-Term Inflation Expectations Show Americans Believe Fed Will Make Good on 2% Inflation Goal
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post: Fed’s Jefferson: Important Not to Focus on Just One Data Point post: FED'S JEFFERSON: THE LABOR MARKET HAS BEEN QUITE RESILIENT. post: FED'S JEFFERSON: IT IS POSSIBLE TO HAVE CONTINUED JOB GROWTH WHILE DISINFLATION CONTINUES. post: FED'S JEFFERSON: IT IS APPROPRIATE TO RETURN TO A MORE NORMAL BALANCE SHEET.
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Bitcoin prices are starting the week in the green with BTC futures lightly bid through early European trading on Monday. The market broke out to fresh highs for the month last week as traders reacted to softer US inflation. However, the market has yet to see proper follow through on the initial move, suggesting some hesitation ahead of a fresh test of ...
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Bitcoin price stalled during the weekend after staging a strong recovery late last week. The BTC/USD pair was trading at 66,700 on Monday, higher than last week’s low of 60,000. Other altcoins like Ethereum, Solana, and Cardano have also rebounded. Bitcoin ETF inflows The BTC/USD pair continued rallying last week week as investors embraced a risk-on ...
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After years of turbulence, including jail time for the founders of the two biggest cryptocurrency exchanges, many providers are getting serious about controls and regulation. Coinbase leads our list of the 20 most trustworthy marketplaces in an industry that still requires caution.