Bitcoin and other cryptocurrencies slipped on Thursday after rising producer prices blunted rate-cut hopes, and U.S. Treasury Secretary Scott Bessent said the …
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Markets
Ether, Cardano, XRP Among Cryptos Taking New Leg Higher as Scott Bessent Floats 50 Basis Point Rate Cut
by shayaanby shayaanAltcoins added to their rally during late Tuesday U.S. afternoon hours after Treasury Secretary Scott Bessent suggested the Federal Reserve should consider …
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Regulation
Goldman Sachs’ Vice Chair Says Labor Market Even Weaker Than Figures Suggest, Predicts When the Fed Could Announce a Rate Cut
by shayaanby shayaanGoldman Sachs Vice Chairman Robert Kaplan believes that the US labor market is even worse than the job data shows. Kaplan, the …
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Regulation
Fed Rate Cut Now Would Be ‘Playing With Fire’ Amid Risk of Credibility Loss, Says Former Treasury Secretary Larry Summers
by shayaanby shayaanFormer U.S. Treasury Secretary Larry Summers believes there is no urgent need for the Federal Reserve to cut interest rates. In a …
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FED holds rates, but rising jobless data pushes 80% chance of a September cut. Crypto crashes as FED delay sparks $490M in …
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Markets
Higher Bitcoin ETF Options Limits May Cut Volatility, but Boost Spot Demand: NYDIG
by shayaanby shayaanBitcoin’s trademark volatility may be entering a new phase thanks to the Securities and Exchange Commission (SEC). The agency’s decision to raise …
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The price of Bitcoin and other cryptocurrencies wavered on Friday as investors weighed the White House’s latest round of tariffs against fresh …
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Mining
Bitcoin Miner MARA Holdings Upgraded to Overweight at JPMorgan; IREN and Riot Cut to Neutral
by shayaanby shayaanWall Street bank JPMorgan reshuffled ratings and price targets on a group of bitcoin miners to begin the week. Updating estimates for …
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Finance
Polymarket shows 96.3% odds of no rate cut next week despite Trump claiming Fed is ‘ready’ to ease
by shayaanby shayaanBettors on the Polygon-based prediction market Polymarket are assigning a 96.3% probability that the Federal Reserve leaves interest rates unchanged at its …
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Finance
105 Top Economists Reveal Their Predictions for When the Fed Will Cut Interest Rates! Here Are the Alarming Results….
by shayaanby shayaanThe FED paused the interest rate cuts, which began in September 2024, in January 2025. The FED’s interest rate decision in July, …