News
Bitcoin Bulls Target Comeback as Musk Forecasts Economic Boom
2+ hour, 5+ min ago (527+ words) Elon Musk forecasts that the American economy will improve by double-digit rates in half a year and triple-digit rates in five years. Traders of Bitcoin are seeking a recovery since the Fed has reduced rates, and macroeconomic moods are improving....
Trump Pushes for Rate Cuts as Hassett Critiques U.S. Delay on Rate Reductions
2+ day, 2+ hour ago (509+ words) Trump calls for rate cuts after strong GDP growth, supported by Hassett, while the Fed faces pressure to adjust monetary policy. President Donald Trump is calling for interest rate cuts after strong U.S. GDP growth. He argues that the robust economic…...
CPI in a Few Hours, Expect Volatility as Whales Position Early
1+ week, 21+ hour ago (554+ words) US November CPI data is finally out after the shutdown gap, with inflation likely to shape January Fed rate outlook and US dollar moves. The US CPI data update has become one of the most-watched releases this month." Traders have…...
Fed’s Chris Waller Highlights Soft Labor Market Supporting Rate Cuts
1+ week, 22+ hour ago (592+ words) Fed's Chris Waller supports rate cuts due to soft labor market, with inflation under control. He's a key contender for Fed Chair. Fed Governor Chris Waller has indicated his support for further rate cuts, focusing on the soft state of…...
US Unemployment Hits Highest Level Since 2021 as Labour Market Cools
1+ week, 2+ day ago (509+ words) US unemployment rises to 4.6% in November, highest since 2021, as job growth slows and federal layoffs continue. The United States unemployment rate rose to 4.6% in November, the highest since September 2021. Analysts note this increase follows government-related disruptions in October and reflects…...
Hassett Says Trump Has No Role in Federal Reserve Rate Calls
1+ week, 3+ day ago (584+ words) Kevin Hassett says that President Trump would have no role in Federal Reserve rate decisions as the Fed chair race tightens. Kevin Hassett moved into the spotlight this week after comments about the Federal Reserve independence." Hassett said President Donald…...
Bank of Japan Prepares to Begin Long-Awaited ETF Sales
1+ week, 3+ day ago (651+ words) Bank of Japan plans gradual ETF sales from January, targeting policy normalization while managing market risks amid rising interest rates. The Bank of Japan is expected to begin selling its exchange-traded fund holdings as early as January. The move is…...
FSC Delays Won-Stablecoin Rules Amid Inter-Agency Disputes
1+ week, 4+ day ago (704+ words) South Korea delays won-stablecoin legislation as FSC and central bank clash over control, issuer rules, and broader digital asset regulation plans. South Korea's financial regulators have delayed key rules for won-backed stablecoins. The delay was after missed deadlines from the…...
BTC Recovers Post-FOMC as $9T 401(k) Battle Begins
1+ week, 6+ day ago (605+ words) Bitcoin increases post-FOMC meeting slide, and Congress urges SEC Chair Paul Atkins to open 401(k) retirement accounts to crypto investments now. The Federal Reserve made its rate announcement in December, and Bitcoin felt the pressure instantly. The digital asset has since…...
Bitcoin Dip Deepens: Fed Rate Cut Signals More Pain Ahead
2+ week, 1+ hour ago (471+ words) Bitcoin on-chain reports show some possibility of further downfall even as the Fed cuts the rate three times in a row. Realized losses are currently above historic lows. Bitcoin has a possibility of further correction. The Federal Reserve reduced rates…...