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News
Tom Lee Is Bullish on Stocks, But Braced for a Margin Debt Drop
56+ min ago (27+ words) Cryptonews.net Tom Lee Is Bullish on Stocks, But Braced for a Margin Debt Drop...
Bank of Japan Hike Odds Triple on Polymarket as Yen Intervention Fades
1+ hour, 55+ min ago (25+ words) Cryptonews.net Bank of Japan Hike Odds Triple on Polymarket as Yen Intervention Fades...
Scott Bessent Says US Core Inflation Falls to 2.5% as Lower Wage Workers Gain 5.5%
2+ hour, 51+ min ago (61+ words) Cryptonews.net Scott Bessent Says US Core Inflation Falls to 2.5% as Lower Wage Workers Gain 5.5% 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…...
Goldman Sachs Issues Statement on the Fed’s Upcoming Interest Rate Decisions – “In September…”
15+ hour, 21+ min ago (289+ words) Goldman Sachs analyst Robert Kaplan stated that the Fed’s decision to keep interest rates unchanged in July was “absolutely correct,” adding that policymakers should approach the data coming in until September with transparency. According to Kaplan, the increasing complexity of…...
Fed July rate hold was ‘absolutely’ right, Kaplan says
22+ hour, 47+ min ago (992+ words) Goldman Sachs Vice Chairman Rob Kaplan has backed the Federal Reserve’s 9–3 decision to hold interest rates at 3.50%–3.75% in July while urging policymakers to keep their options open before September. Bloomberg reported that Kaplan, a former president of the Federal Reserve…...
Bitcoin price falls below $64K as US CPI fails to spark breakout
1+ day, 12+ min ago (1046+ words) Bitcoin price fell nearly 3% from an intraday high of $65,234 to $63,304 as an expected U.S. inflation report failed to push the asset beyond its established trading range. According to data from crypto.news, Bitcoin ($BTC) price traded near $63,600 at the time of…...
Fed’s Beth Hammack Reiterates Call For Rate Hikes Over Inflation Concerns
1+ day, 5+ hour ago (72+ words) Cryptonews.net Fed’s Beth Hammack Reiterates Call For Rate Hikes Over Inflation Concerns 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…...
Bank of Korea Breaks 13-Year Streak With Gold ETF Purchase
1+ day, 6+ hour ago (21+ words) Cryptonews.net Bank of Korea Breaks 13-Year Streak With Gold ETF Purchase...
Fed Injects $5B Into U.S. Economy as Bitcoin Traders Watch Fresh Liquidity
1+ day, 8+ hour ago (899+ words) The Federal Reserve added approximately $5.179 billion to bank reserves through a scheduled Treasury bill purchase settling Wednesday. Social media described the transaction as money entering the U.S. economy. Yet the operation mainly supports the Fed’s control of short-term interest rates. It…...
Mirae Asset injects 50B won into Korbit after takeover
1+ day, 8+ hour ago (512+ words) Mirae Asset Group is preparing to inject 50 billion won, roughly $35 million, into the operator of South Korean crypto exchange Korbit less than a month after completing its takeover of the company. Digital X’s board approved the capital increase on Aug....