Key Points:Joanne Hsu reports decline in U.S. inflation expectations.Inflation view drops from 6.6% to 5.1% in June.Market impact on crypto remains indirect; no immediate shifts noted.
Inflation expectations in the U.S.…
A Polkadot governance proposal to convert 500,000 DOT tokens to Threshold Bitcoin (tBTC) for diversification and long-term stability has received mixed reactions from community members.While some see Bitcoin (BTC) as…
Key Points:Profound risks due to the unresolved debt ceiling issue.Potential shifts in U.S. fiscal policy amid debt default fears.Cryptocurrencies may gain as alternative hedges in financial strains.
The U.S. Treasury has…
Key Points:Congressional rule bypassing, market volatility, and regulatory uncertainty impacts.U.S. House circumvents voting rules during bill passage.Potential significant volatility in crypto markets, warns experts.
Congressman Thomas Massie criticized U.S. House procedures…
Key Points:Fed’s Logan remarks on economic resilience; tariffs could impact inflation.Stable monetary policy enables patience, according to Fed leadership.Potential tariff effects on inflation closely monitored by markets.
Fed’s Logan underscored the…
In brief
The SEC raised concerns about whether the REX-Osprey ETH and SOL ETFs qualify under the Investment Company Act of 1940.
Despite ongoing discussions, the ETFs’ registration became effective on May…
Key Points:SEC questions Ethereum and Solana ETFs’ classification; delays expected.Launch postponed pending regulatory resolution.Potential ripple effects on staking-focused tokens.
The US Securities and Exchange Commission (SEC) raised concerns on May 31…
Key Points:IMF questions Pakistan’s 2,000 MW electricity allocation to Bitcoin mining.Potential legal and energy concerns prompt urgent clarification.Initial positive market reaction, facing regulatory uncertainty.
In a bid to attract tech investments,…
Key takeaways:Bitcoin demand is driven by investors’ macroeconomic fears, not just spot BTC ETF netflows.Global bond market volatility is boosting Bitcoin’s safe-haven appeal, with interest rate cuts and rising inflation…
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