Crypto News
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In advance of today's CPI and Real Earnings releases, BLS inadvertently loaded a subset of files to the website approximately 30 minutes prior to the release. BLS has alerted the Office of Management and Budget and DOL's Office of the Inspector General of the incident. BLS takes its data security seriously and is conducting a full investigation into its ...
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Former President Donald Trump may have successfully wooed pro-crypto voters last week with promises to embrace the burgeoning digital asset market if elected president once again, but his street cred in the crypto industry dates back as far as 2017, one former regulator says. In remarks made at a crypto policy summit held in Washington, D.C., on Wednesday, ...
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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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I would like to thank the Digital Chamber for the invitation to share my perspectives on innovation in the financial system. I welcome opportunities like this to engage in discussions that include both the public and private sector on this important topic. These conversations help inform my understanding of and expectations for how technology can enhance ...
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Ultimately, weaker US data equates to assumption of Fed cuts and therefore ‘easier money’, which in turn boosts appetite for risk. Yet the data cannot come in too soft, as the US needs to achieve lower inflation alongside stable growth for risk to rally on the ‘soft landing scenario’. And as traders are favouring softer US data over strong, it may not take ...
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Aiden Pleterski, the self-proclaimed “Crypto King” who collected millions of dollars from investors, only to spend it on luxury goods, has been arrested on fraud charges in Canada. Pleterski, who lives in the Toronto suburb of Whitby, Ontario, was charged with fraud and laundering the proceeds of crime and held for a bail hearing, according to a statement ...
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Russian President Vladimir Putin arrived in Beijing early on Thursday on the first foreign trip of his new term. Putin is due to meet his Chinese counterpart Xi Jinping as the two ...
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Many central banks are currently exploring the possibility of issuing retail central bank digital currency (CBDC). While the primary objective varies between jurisdictions, many ...
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Markets expressed mild relief toward a pair of US inflation and consumer spending prints that change nothing yet for the FOMC. The result had markets gently piling into the US ...
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Retail sales were weaker than expected in April, furthering concerns about the state of the consumer amid sticky inflation and higher interest rates. Retail sales were flat in ...
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post: ECB's De Cos: Every Indicator Points Towards First Interest Rate Cut In June
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Ultimately, weaker US data equates to assumption of Fed cuts and therefore ‘easier money’, which in turn boosts appetite for risk. Yet the data cannot come in too soft, as the US needs to achieve lower inflation alongside stable growth for risk to rally on the ‘soft landing scenario’. And as traders are favouring softer US data over strong, it may not take ...
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The S&P 500 Index (SPX) and the Nasdaq Composite soared to a new lifetime high after the United States Consumer inflation report came in less than expected. That ignited a rally in Bitcoin, pushing the price above $66,000. The farther Bitcoin moves from $60,000, the less likely a breakdown is. However, that does not guarantee the start of a new uptrend. ...
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Although Robinhood may face enforcement actions in the United States for its cryptocurrency offerings, it is expanding its services in Europe further. Today (Wednesday), the brokerage has announced its first crypto staking services for Solana holders, which will be available only to its customers in Europe. Apart from staking, the American-headquartered ...