Cryptocurrency Market

  • Market Cap: $2,404,040,063,312.62
  • 24h Vol: $52,696,067,307.91
  • BTC Dominance: 56.57%

U.S. Central Bank

cpi-report-sparks-fed-rate-cut-hopes-as-inflation-slows-to-2.9%

CPI Report Sparks Fed Rate Cut Hopes as Inflation Slows to 2.9%

On Wednesday, the U.S. Bureau of Labor Statistics rolled out its latest consumer-price index (CPI) report, revealing a 2.9% increase over the past 12 months through July—falling just short of economists’ 3% forecast. This data nudged CME futures metrics upward, reflecting growing market sentiment that the latest BLS figures strengthen the case for a Federal […]

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trump-suggests-presidents-should-weigh-in-on-fed-policies,-jabs-at-powell’s-interest-rate-timing

Trump Suggests Presidents Should Weigh in on Fed Policies, Jabs at Powell’s Interest Rate Timing

On Thursday, at a press conference held at Mar-a-Lago, former President Donald Trump shared his thoughts with reporters, stating that the sitting president should have a voice in the U.S. Federal Reserve’s monetary policies. Trump targeted Fed Chair Jerome Powell’s actions concerning interest rates, particularly critiquing the timing and lack of cuts. “A little bit

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republican-congressman-tom-emmer-queries-fdic-on-alleged-efforts-to-purge-crypto-activity-from-us

Republican Congressman Tom Emmer Queries FDIC on Alleged Efforts to Purge Crypto Activity from US

On Wednesday, Tom Emmer, the U.S. Republican congressman from Minnesota, revealed he sent a letter to Martin Gruenberg, the chairman of the Federal Deposit Insurance Corporation (FDIC), regarding reports that the FDIC is “weaponizing recent instability” in the U.S. banking industry to “purge legal crypto activity” from the United States. Specifically, Emmer asked Gruenberg if

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us-inflation-data-eases-concerns;-crypto-economy-jumps-11%-higher-while-market-analysts-anticipate-fed’s-next-decision

US Inflation Data Eases Concerns; Crypto Economy Jumps 11% Higher While Market Analysts Anticipate Fed’s Next Decision

The U.S. Labor Department released the consumer price index (CPI) report on Tuesday. Although inflation increased in February year-over-year, the rise was expected, and the annual inflation rate for all items was 6%. The cooling inflation has eased some concerns, but fears of financial contagion have spread. Market strategists are further anticipating the U.S. central

US Inflation Data Eases Concerns; Crypto Economy Jumps 11% Higher While Market Analysts Anticipate Fed’s Next Decision Read More »

ny-regulators-seize-control-of-signature-bank,-depositors-assured-by-federal-bailout

NY Regulators Seize Control of Signature Bank, Depositors Assured by Federal Bailout

On Sunday, the New York Department of Financial Services, or DFS, announced that it had taken possession of Signature Bank. The DFS appointed the Federal Deposit Insurance Corporation, or FDIC, as the receiver of the bank. In a joint statement, the U.S. Federal Reserve, Treasury Department, and FDIC explained that all Signature depositors would be

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