Billionaire “Bond King” Jeffrey Gundlach says the US will likely witness one crisis this year that would force the Fed to resume a rate-cutting cycle.
In a new CNBC interview, the…
Key points:Bitcoin and gold trade in lockstep on low timeframes as macro volatility triggers heighten.The Federal Reserve interest rate decision and news conference are just hours away.Market sentiment for rate…
Bitcoin’s surge has pushed the cryptocurrency past $103,000 as traders react to rate cut expectations and ETF inflows right now. At the time of writing, the world’s largest digital asset…
Key Points:Jerome Powell confirms Fed’s independence despite Trump’s rate cut request.Market reassured by the reiteration of policy autonomy.Bitcoin reacts neutrally to the Fed’s independence statement.
President Trump’s push for interest rate…
Lee Jae-myung, the frontrunner in the upcoming South Korean presidential elections, has promised to cut crypto transaction fees and approve Bitcoin spot ETFs if he wins June 3’s poll.Per the…
The US Treasury Department is seeking to bar the Cambodia-based Huione Group from accessing the American banking system, accusing the company of helping North Korea’s state-sponsored Lazarus Group launder cryptocurrency.The…
Key points:The US labor market is “still holding up” as nonfarm payrolls data comes in higher than expected.Bitcoin and stocks head higher as US President Donald Trump repeats calls for…
Key Points:
Goldman Sachs and Barclays forecast a Federal Reserve rate…
The U.S. Treasury Department's Financial Crimes Enforcement Network (FinCEN) proposed actions Thursday to sever Cambodia-based Huione Group from the U.S. financial system."For years, Huione Group has laundered illicit proceeds from…
Key Points:Goldman Sachs and Barclays expect Fed rate cuts no earlier than July 2025.Stronger-than-expected non-farm payrolls impact economic forecasts.Crypto markets may face volatility amid delayed rate cuts.
Goldman Sachs and Barclays…