Your look at what’s coming in the week starting May 25. www.coindesk.com
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Scams
Bitcoin Rally Cut Short as Profit-Taking Rises, US Demand Falls: CryptoQuant
by shayaanby shayaanIn brief Bitcoin’s price recently fell short of topping its 200-day moving average, the average closing price over the period. The move …
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Finance
Major Banks Have Updated Their Forecasts on When the Fed Will Cut Interest Rates
by shayaanby shayaanMajor banks and macroeconomic institutions on Wall Street have begun to increasingly postpone their expectations for Fed interest rate cuts. Particularly after …
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Finance
Despite Warsh Replacing Powell at the Fed, Traders See No Rate Cut Coming in June
by shayaanby shayaanKevin Warsh cleared a Senate Banking Committee vote on April 29 and is expected to chair his first Federal Open Market Committee …
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Mining
IREN Price Target Cut as Bernstein Sees Firm Dumping Bitcoin Mining for AI
by shayaanby shayaanIn brief Bernstein cut IREN’s price target from $125 to $100 amid Bitcoin mining scale-down and share dilution, while keeping an Outperform …
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ECB teams with ECPC, nexo and Berlin Group to reuse open payment standards, cutting digital euro integration costs and clearing the path …
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Finance
When Will the Fed Cut Interest Rates? Leading Economists Share Their Forecasts
by shayaanby shayaanExpectations regarding the Fed’s interest rate reduction process are being postponed again due to inflationary pressures created by the war in the …
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Markets
Bitcoin slides toward $75,000 as Warsh says Trump didn't demand he cut rates
by shayaanby shayaanThe S&P 500 and Nasdaq gave back their early morning gains alongside BTC as markets digested the Fed Chair nominee’s Senate confirmation …
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Finance
UBS Analysts Have Stated That They Expect the Fed to Cut Interest Rates Twice More This Year
by shayaanby shayaanGlobal financial giant UBS has published a noteworthy assessment of US monetary policy. The bank stated that it maintains its expectation that …
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Finance
Crypto braces for volatility as Warsh hearing nears and rate cut odds slide
by shayaanby shayaanThe cryptocurrency market is under renewed pressure amid two key developments. One is Kevin Warsh’s April 16 nomination hearing before the Senate …