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News
Odds of Fed Rate Hike This Year Fall as Goldman Sachs Warns Against Hawkish Bets
54+ min ago (486+ words) Odds of a Fed rate hike in September or 2026 slip further after Goldman Sachs says markets are still too hawkish even as inflation cools. As a result, US stock futures and Bitcoin price are bouncing today. The Wall Street banking…...
Scott Bessent Says US Core Inflation Falls to 2.5% as Lower Wage Workers Gain 5.5%
2+ day, 15+ hour ago (542+ words) U.S. Treasury Secretary Scott Bessent said lower-paid American workers are recording stronger wage growth as core inflation eases, arguing that recent economic gains have become more evenly distributed across incomes. Bessent said wages for workers in the bottom 25% of the income…...
Fed's Beth Hammack Reiterates Call For Rate Hikes Over Inflation Concerns
3+ day, 20+ hour ago (523+ words) Cleveland Fed President Beth Hammack has again called for Fed rate hikes to address rising inflation amid the uncertainty around the U.S.-Iran war. This comes amid the recent release of the CPI and PPI inflation data, which show that inflation…...
U.S. CPI Falls To 3.4% In Line With Expectations, Bitcoin Rises
4+ day, 20+ hour ago (430+ words) The July U.S. CPI inflation data has come in line with expectations, further easing concerns of a Fed rate hike this year. Bitcoin has rebounded today amid the release of the inflation data, climbing above the psychological $64,000 level. U.S. Bureau of Labor…...
Fed's Goolsbee Calls Inflation the Biggest Problem Amid Rate Hike Debate
5+ day, 15+ hour ago (519+ words) Chicago Federal Reserve Bank President Austan Goolsbee has signaled that bringing inflation down should be the priority, describing it as the biggest challenge the economy faces. This comes amid the debate over a Fed rate hike, with some Fed officials…...
U.S. Jobs Report: Nonfarm Payrolls Fall by 23K, Bitcoin Rises
1+ week, 2+ day ago (445+ words) The U.S. jobs report has come in softer than expectations, with the U.S. economy losing 23,000 jobs last month. Bitcoin has climbed on the back of the macro data, which signals that the labor market is still showing signs of weakness. Bureau of…...
Fed's Kashkari Calls for Higher Rates Even as Traders Bet Against a September Rate Hike
1+ week, 4+ day ago (475+ words) Federal Reserve President Neel Kashkari has called for a gradual increase in interest rates to fight rising inflation. This comes as crypto traders lean against a Fed rate hike at the September FOMC meeting. In a CNBC interview, the Fed…...
KOSPI Tops Bitcoin Volatility at 63% YTD
2+ week, 24+ min ago (678+ words) South Korea’s benchmark KOSPI volatility has hit a historic milestone. The index’s year-to-date return swings have surged to 63%, officially surpassing Bitcoin’s 48% reading, according to Bloomberg data published July 31, 2026. The development marks a striking reversal: a national stock index now out-volatilizes…...
Bitcoin Falls on Carry Trade Unwind Fears as US Treasury Sec Pledges Further Yen Intervention
2+ week, 40+ min ago (527+ words) Bitcoin pared earlier gains and fell more than 2% in a few hours amid a rare US-Japan joint intervention to buy Japanese yen for the first time since 1998. The drop comes primarily after the US Treasury Secretary signals further coordinated intervention....
U.S. PCE Inflation Cools to 3.7%, Bitcoin Rebounds
2+ week, 3+ day ago (441+ words) The U.S. PCE inflation, the Fed’s favorite inflation gauge, cooled in June, representing a huge positive for the markets. The Bitcoin price has rebounded amid this development, with the leading crypto rallying to the psychological $65,000 level. The latest BEA data shows…...