One of the biggest stories emerging from the Far East this month is the imminent launch of a blockchain-based version of the Japanese yen, one of the world’s major fiat…
In brief
Beth Hammack, president of the Cleveland Federal Reserve, said she’s not seeing any signs of a weakening economy that urgently needs rate cuts.
Traders have grown less convinced that the…
Cryptocurrencies and related stocks extended losses Tuesday as traders braced for the release of the Fed's FOMC minutes on Wednesday and Fed Chair Jerome Powell’s Jackson Hole speech on Friday.Bitcoin…
Ether’s recent rally to over $4,700 is being largely propped up by expectations of a US federal rate cut in September, which could prove disastrous if it doesn’t eventuate, crypto…
Soft U.S. July jobs numbers released Friday morning combined with shocking revisions lower to June and May prints to produce the weakest three-month period of employment growth since the Covid…
Investors revised down expectations for a rate cut in September after Federal Reserve Chair Jerome Powell’s non-committal responses to one during a press conference on Wednesday.One crypto analyst suggests it…
The Federal Reserve has again left interest rates unchanged after the latest Fed meeting, leaving rates at 4.25% to 4.50%. It marks the fifth straight month that there has not…
In brief
Indonesia’s new tax policy imposes a 1% levy on offshore crypto transactions, while domestic trades face an increased 0.21% rate.
The overhaul eliminates VAT for crypto buyers and raises mining…
$11.5 trillion asset manager BlackRock predicts the US Federal Reserve will not lower interest rates tomorrow, July 30th. In a weekly report, Blackrock says: “We expect the Fed will hold…
A key metric called perpetual funding rates is signaling bullishness for top altcoins as bitcoin kicks off the traditionally weak third quarter quarter with flat price action.Funding rates, charged…