Crypto News
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The S&P 500 hit yet another all-time high Monday, marking the 30th time the index reached a fresh high this year. The S&P 500 rose 41-point-6-3 points, or zero-point-seven-seven percent on Monday, to close the trading at five-thousand-473-point-2-3. The day's gains were largely driven by megacaps like Tesla and Apple, despite Nvidia edging lower. The index ...
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The US Supreme Court agreed to use a case over Nvidia Corp.’s crypto-mining revenue to consider making it harder for shareholders to press securities fraud lawsuits. Nvidia is seeking to stop an investor suit that accuses the company of being deceptive about how dependent it was on revenue from crypto mining before a 2018 market downturn. The justices said ...
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Remember the Pepsi Challenge? For readers too young to have encountered it, the Pepsi Challenge is a marketing stunt organised by Pepsi, mostly in the 1970s and 1980s. Pepsi representatives would set up a stand in shopping centres or public locations and present two white cups to bystanders. One cup would contain Pepsi-Cola, and one would contain Coca-Cola. ...
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Bitcoin with ticker BTCUSD remains in higher degree uptrend as prices broke to new ATH back in March before making some new pullback. On a daily chart we can still see it consolidating within wave 4 correction, which can ideally be a bullish triangle pattern before a continuation higher for wave 5 of III, unless we will see a flat correction within higher ...
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The Wall Street Journal ran a revealing op-ed today (June 14, 2024) by Paul D. Ryan, “Crypto Could Stave off a U.S. Debt Crisis.” Mr. Ryan, libertarian Republican House Speaker 2015-2019 and now at the right-wing American Enterprise Institute, writes that: “Stablecoins backed by dollars provide demand for U.S. public debt and a way to keep up with China.” ...
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post: RBA GOV BULLOCK: **NEED A LOT TO GO OUR WAY TO BRING INFLATION BACK TO RANGE **BOARD DISCUSSED WHETHER TO HIKE RATES AT THE MEETING **BOARD DECIDED TO STAY THE COURSE ON POLICY **TRYING TO BRING DEMAND DOWN WHILE REMAINING ON NARROW PATH **BOARD WANTED TO MAKE POINT THAT… post: RBA GOV BULLOCK: **BOARD DID NOT CONSIDER THE CASE FOR A RATE CUT AT THIS MEETING **WOULD NOT SAY THAT THE CASE FOR A RATE HIKE IS INCREASING **VERY CONCIOUS THAT HIGH RATES HURTING SOME SECTOR OF COUNTRY post: RBA GOV BULLOCK: INFLATION ALSO HURTING PEOPLE, SO BOARD LASER FOCUSED ON BRINGING IT DOWN
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Fed and ECB postpone rate cuts. Lower core inflation momentum or higher unemployment rate required for Sep rate cuts. Spreads widen on the back of French snap general elections. ...
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Thank you for the opportunity to speak at the Merchant Risk Council (MRC) Conference. The MRC has an important role to play, bringing together merchants, service providers, ...
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Federal Reserve Bank of Philadelphia President Patrick Harker said he views one interest-rate cut as appropriate for this year based on his current forecast, adding he’d like to ...
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At its meeting today, the Board decided to leave the cash rate target unchanged at 4.35 per cent and the interest rate paid on Exchange Settlement balances unchanged at 4.25 per ...
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post: RBA GOV BULLOCK: **NEED A LOT TO GO OUR WAY TO BRING INFLATION BACK TO RANGE **BOARD DISCUSSED WHETHER TO HIKE RATES AT THE MEETING **BOARD DECIDED TO STAY THE COURSE ON POLICY **TRYING TO BRING DEMAND DOWN WHILE REMAINING ON NARROW PATH **BOARD WANTED TO MAKE POINT THAT… post: RBA GOV BULLOCK: **BOARD DID NOT CONSIDER THE CASE FOR A RATE CUT AT THIS MEETING **WOULD NOT SAY THAT THE CASE FOR A RATE HIKE IS INCREASING **VERY CONCIOUS THAT HIGH RATES HURTING SOME SECTOR OF COUNTRY post: RBA GOV BULLOCK: INFLATION ALSO HURTING PEOPLE, SO BOARD LASER FOCUSED ON BRINGING IT DOWN
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Bank of Japan Governor Ueda: • Depending on economic, price and financial data and information available at the time, there is chance we could raise interest rates at July ...
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Bitcoin price retreated as investors embraced a risk-off sentiment during the overnight session. The BTC/USD pair crashed to the important support at 65,000, down from this month’s high of 72,000. Risk-on sentiment Bitcoin price crashed hard last week after the Federal Reserve pointed to just one rate cut this year. It moved from near $70,000 to $65,000 on ...
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Bitcoin with ticker BTCUSD remains in higher degree uptrend as prices broke to new ATH back in March before making some new pullback. On a daily chart we can still see it consolidating within wave 4 correction, which can ideally be a bullish triangle pattern before a continuation higher for wave 5 of III, unless we will see a flat correction within higher ...
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The head of the United States Securities and Exchange Commission's Crypto Asset and Cyber Unit in the Division of Enforcement has left the agency after nearly nine years. "This past Friday was my last day with the SEC after almost 9 years," David Hirsch wrote on LinkedIn. "During that time I had the opportunity to work on more complex, challenging ...