Economy

Economy

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Bitcoin on the Brink of All-Time High as Macro Tailwinds Gather Strength

Record equity markets, surging money supply and fiscal risks set the stage for a historic July rally in the largest cryptocurrency.

A bull in a field (PublicDomainPictures/Pixabay)

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Bitcoin Week Ahead: Focus on Powell's Testimony, U.S. Core PCE as Tariff Deadline Looms

Friday's core PCE release is likely to show price pressures easing, but there is a fix.

markets, charts

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Elon Musk Blasts U.S. Spending Bill as Debt Nears $37T

Tesla CEO calls Trump’s spending package the ‘Debt Slavery Bill’.

Elon Musk (Daniel Oberhaus/Flickr)

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Much-Awaited Fed Rate Cut May Not Come Before Q4, ING Says

Delayed rate cuts could be more aggressive when they happen, the investment bank said.

Federal Reserve Chair Jerome Powell speaks during a news conference

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Powell Likely to Wait Until Trump Blinks, 'Dr. Doom' Roubini Says

Roubini, known as Dr. Doom for predicting the 2008 financial meltdown, warned against relying on the Fed for a swift resolution to market instability.

Nouriel Roubini

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March Jobs Report a 'Heads I Win, Tails You Lose' Moment for Bitcoin Bulls

Bitcoin's price stability above March lows in the wake of Trump tariffs suggests seller fatigue.

(artellliii72/Pixabay)

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Ether, Touted as Internet Bond, May Top $3K on Fed Rate Cut, Outperform Bitcoin: Omkar Godbole

Elevated interest rates in the U.S. have dented ether’s appeal as the internet equivalent of a bond, offering a fixed-income-like return on staking.

U.S. Federal Reserve Chair Jerome Powell testified that a U.S. CBDC isn't in the near future, and he said the Fed wouldn't design one to spy on Americans (screen capture, Senate Banking Committee video)

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Bitcoin, Ether Nurse Losses as Dollar Strengthens Ahead of U.S. Inflation Report

A hotter-than-expected inflation report would weaken the case for Fed interest-rate cuts.

BTC, ETH drop as the dollar index rallies. (TradingView/CoinDesk)

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'Overbought' Bitcoin Drops Below $64K as ISM Manufacturing Data Looms: 10x Research

The U.S. data, due Tuesday, has triggered 10% price drops in the first week of the past three months, 10x Research said.

BTC's price dropped through a support level on Monday. (TradingView/CoinDesk)

Політика

Trump Promises to Embrace ‘Industries of the Future’ Including Crypto, AI

If elected, the former U.S. president has said he will install Elon Musk as head of a new government efficiency commission.

Former President Donald Trump made only a brief mention of crypto in an otherwise wide-ranging economic speech. (Scott Olson/Getty Images)