Crypto News
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Tokyo-based Bitcoin trade, Mt. Gox is getting ready to launch a considerable quantity of Bitcoin (BTC) into the market, signaling the upcoming disbursement of funds to collectors who had been affected by its hack assault in 2011. Mt. Gox Set To Launch 142,000 Bitcoin Into Market Reviews from Reddit reveal that the Kraken Bitcoin (BTC) and Bitcoin Money ...
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Cypher protocol contributor “Hoak” confessed to stealing over $184,077 in community funds to feed a growing gambling habit in a public statement on Twitter on Tuesday. “I know likely nothing I say or do will make things better—perhaps other than rotting in jail,” the pseudonymous developer wrote. “To address the elephant in the room, the allegations are ...
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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 plan is still in early stages of development. China's central government (State Council) is encouraging feedback from regional authorities on what is said to be a large scale plan: • Local governments would buy "millions" of unsold homes says the report.
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Crypto retail investors have often been the victims of hacks and scams within the industry. Now a major investment firm is on the receiving end. BlockTower Capital’s main hedge fund has been compromised and partially drained by fraudsters, according to people familiar with the matter, who declined to be identified discussing sensitive information. The ...
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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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Federal Reserve Chair Jerome Powell reiterated Tuesday that inflation is falling more slowly than expected and will keep the central bank on hold for an extended period. Speaking ...
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Inflation trends may have gotten a little less dreary in April, though they are still likely to keep the Federal Reserve uncomfortable enough to stay on pause with interest rates. ...
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After another reading of hotter-than-expected inflation, you’d think Federal Reserve Chair Jerome Powell might be getting a little worried that the battle will go on much longer ...
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post: Powell: the Policy Rate is Restrictive Powell: Time Will Tell if We’re Sufficiently Restrictive on Policy Powell: Don’t Think Likely Next Move Would Be a Rate Hike post: Powell: Restrictive Policy May Take Longer Than Expected to Bring Inflation Down Powell: We Will Get Inflation Down to 2% post: Powell: Housing Inflation Has Been a Bit of a Puzzle Powell: Current Rent Increases Have Been Low for Some Time, Not Showing Up in Rollover Leases post: Powell: Lags Between Decline in Mkt Rates and It Showing Up Are Longer Than We Though Powell: It Should Show Up, Just a Question of When post: Powell on the April PPI: "I wouldn’t call it hot. I would call it sort of mixed." (The main readthroughs to PCE from the PPI likely offset as lower airfares and health care costs likely offset the hotter financial services subcomponent.)
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The plan is still in early stages of development. China's central government (State Council) is encouraging feedback from regional authorities on what is said to be a large scale ...
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The Producer Price Index for final demand rose 0.5 percent in April, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Final demand prices declined 0.1 ...
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Bitcoin has rallied pretty significantly during the early hours on Monday as we continue to see a lot of support near the $60,000 level. We did break down below it about a week ago, but quickly turned around to show signs of strength again as the buyers came in to pick up the cheap coins, as it were. That is the general attitude of this market overall, to ...
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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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After a record-breaking March driven by equally impressive Bitcoin (BTC) performance, spot volumes on the top 10 cryptocurrency exchanges dropped by more than 60% in April. According to a benchmark by Finance Magnates Intelligence, their trading volume fell from $2.1 trillion in March to just under $1.3 trillion in April. Cryptocurrency Exchange Volumes ...