Crypto News
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Sam Bankman-Fried has swapped crypto for a new kind of currency behind bars: bags of rice. The disgraced FTX founder has been jailed at Brooklyn’s Metropolitan Detention Center as he waits to be transferred to a federal prison to serve a 25-year sentence. Bankman-Fried was convicted for wire fraud, money laundering and conspiracy last year. The 32-year-old ...
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Jim Simons, the mathematician-investor who created what many in finance consider the world’s greatest moneymaking machine at his secretive firm, Renaissance Technologies, has died. He was 86. He died today in New York City, according to his charitable foundation, which didn’t cite a cause. In turning from academia to investing as he entered his 40s, Simons ...
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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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post: FED'S BARKIN: DEMAND IS SOLID, AND NOT OVERHEATING. post: FED'S BARKIN: I AM LOOKING FOR INFLATION PROGRESS TO SUSTAIN AND BROADEN. post: FED'S BARKIN: THE CURRENT ECONOMY CALLS FOR A DELIBERATE AND PATIENT APPROACH.
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The Bitcoin price on Friday pulled back off the session highs of about $63,467 to trade at about $60,991 after the latest round of data. The BTC/USD has completed a downward breakout from an ascending channel formation in the 60-minute chart. Bitcoin has now plummeted to trade below the 100-hour moving average line. As a result, the price of the pioneer ...
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Sam Bankman-Fried has swapped crypto for a new kind of currency behind bars: bags of rice. The disgraced FTX founder has been jailed at Brooklyn’s Metropolitan Detention Center as he waits to be transferred to a federal prison to serve a 25-year sentence. Bankman-Fried was convicted for wire fraud, money laundering and conspiracy last year. The 32-year-old ...
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At last week’s meeting, the Fed appeared less hawkish than expected, with Chair Powell ruling out rate hikes and hinting that they are still leaning towards cuts. The ...
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China’s consumer prices rose in April for a third straight month, while producer prices extended declines, suggesting resilient domestic demand, despite a shaky economic recovery. ...
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post: FED'S KASHKARI: I AM CAUTIOUS ABOUT HOW RESTRICTIVE MONETARY POLICY IS. post: FED'S KASHKARI: I AM IN WAIT AND SEE MODE ABOUT THE FUTURE OF MONETARY POLICY. post: FED'S KASHKARI: THE BAR IS HIGH FOR ANOTHER RATE HIKE, BUT CAN'T RULE IT OUT - CNBC.
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post: US TREASURY SEC. YELLEN: GROWING NONBANK MORTGAGE SECTOR PRESENTS UNIQUE RISKS, REQUIRES GREATER OVERSIGHT TO PROTECT FINANCIAL STABILITY
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The Bitcoin price on Friday pulled back off the session highs of about $63,467 to trade at about $60,991 after the latest round of data. The BTC/USD has completed a downward breakout from an ascending channel formation in the 60-minute chart. Bitcoin has now plummeted to trade below the 100-hour moving average line. As a result, the price of the pioneer ...
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Dogecoin (DOGE), the world's largest meme cryptocurrency by market value, seems headed toward a repeat of the bullish "golden cross" technical pattern that presaged the early 2021 surge. DOGE, which has a market cap of about $22 billion, has demonstrated remarkable performance this year, with a price surge of over 70% and significantly outpacing the near ...
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Grayscale Investments’s first-quarter revenue was flat after the issuer of the world’s largest cryptocurrency investment vehicle decided to hold the line on fees for its flagship Bitcoin exchange-traded fund. The operator of the Grayscale Bitcoin Trust had $156 million in revenue, little changed from the fourth quarter, according to a shareholder letter ...