South Korea’s finance regulator has informally warned local asset managers to reduce their exposure to crypto exchange-traded funds (ETF) and U.S.-listed digital …
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Bank of America (BoA) does not expect a recession in the US economy this year and predicts that economic growth will continue …
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Scams
Bitcoin Hits Another All-Time High Price After Trump Renews Rate Cut Push
by shayaanby shayaanIn brief Bitcoin continued to soar on Thursday, touching a new all-time high price for the second straight day. President Trump urged …
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Mining
Core Scientific Cut to Neutral as CoreWeave Deal Adds Complexity: H.C. Wainwright
by shayaanby shayaanShares of bitcoin miner Core Scientific (CORZ) were downgraded to neutral from buy by broker H.C. Wainwright, which cited heightened risk exposure …
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According to the latest CME FedWatch Tool data, the probability of a Fed rate cut in July has dropped dramatically to below …
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Regulation
Major Tax Cut Bill Passes House of Representatives in the US – When Will Trump Sign It? What Will Be the Impact? Experts Respond
by shayaanby shayaanThe U.S. House of Representatives has formally passed President Donald Trump’s “One Big Beautiful Bill,” one of his most comprehensive legislative packages. …
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In brief The labor market was stronger than expected in June, with U.S. employers adding 147,000 nonfarm jobs in June, while the …
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Finance
One of the Most Hawkish FED Members, Neel Kashkari, Announced the Month in Which He Expects a Rate Cut!
by shayaanby shayaanThe Fed is expected to resume interest rate cuts, which have been paused since January, as soon as possible. However, despite the …
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VP JD Vance questions Jerome Powell’s refusal to cut rates despite falling inflation. Powell says Fed needs more economic clarity before rushing …
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Finance
US stocks fell for the third straight day as Middle East tensions outweighed Fed rate cut hopes
by shayaanby shayaanStocks slipped for a third straight session on Friday, with traders dumping risk as Middle East tensions kept heating up. The S&P …