US Labor Data Shows Positive Trends
US Department of Labor released critical employment data. Unemployment Claims recorded at 233,000, below expectations. Data may ease recession concerns…
US Government Initiates $50 Billion Treasury Buyback Program
The US government launched a $50 billion Treasury buyback program. The program aims to manage bond supply and increase liquidity.…
Goldman Sachs CEO Predicts No Recession for US Economy
Goldman Sachs CEO predicts no recession for the US economy. Markets expect rate cuts due to weak employment data. Bank…
Goldman Sachs Raises US Recession Probability to 25% Over Next Year
Goldman Sachs raises US recession probability to 25% over the next year. Analysts expect three 25 basis point rate cuts…
Fed Member Goolsbee Comments on Economic Conditions
Goolsbee sees no signs of an overheating economy. Manufacturing sector shows complexity and warning signs. Fed must make forward-looking decisions…
Fed Considers Interest Rate Cut Amid Global Market Turmoil
Global markets and cryptocurrency saw a sharp decline. Fed considers a 25 basis point interest rate cut. Interest rate cut…
Inflation Data Shows Significant Price Increases in July 2024
July 2024 CPI increased by 61.78% annually and 3.23% monthly. Education saw the highest annual increase at 104.50%. Almost all…
Fed Faces Pressure to Cut Interest Rates Amid Economic Challenges
Today is undoubtedly one of the historic days, and Bitcoin price is showing shallow volatility at the time of writing.…
Stock Markets Experience Significant Losses
Stock markets lost nearly 3 trillion dollars today. Fed's slow rate cuts despite low inflation concern the global economy. Recession…
Fed Chairman Powell Discusses Potential Rate Cuts
Fed Chairman Powell did not commit to rate cuts. Market expects a rate cut in September. Positive data could lead…
Tech Giants’ Earnings Reports Impact Cryptocurrency Markets
Intel's negative earnings impact US markets and cryptocurrency prices. Amazon's Q3 estimates were revised downwards, indicating trouble. Apple's positive earnings…
US Labor Department Reports Significant Increase in Unemployment Claims
Unemployment claims rose by 14,000, reaching 249,000. Continuing claims increased by 17,000, reaching 1.877 million. Four-week average of claims rose…
Powell Delivers Fifth Statement of the Year
Powell delivers his fifth statement of the year. FED keeps interest rates steady at 5.25-5.50. Bitcoin remains stable, trading at…
Fed Announces Interest Rate Decision
The Fed announced its interest rate decision, keeping it unchanged. Cryptocurrency investors feel the impact of the high interest rates.…
Countries Take Significant Steps in Cryptocurrency Adoption
Countries are taking significant steps in cryptocurrency adoption. El Salvador continues to make significant BTC purchases. BTC price reached 66,400…
Fed Influences Markets with Interest Rate Decisions
The Fed's interest rate decision significantly impacts markets. Economists expect more evidence for the 2% inflation target. Households struggle with…
Bitcoin Investors Monitor Fed’s Stance Closely
Bitcoin price hovered at $66,450 during writing. Fed's stance at the meeting is crucial for investors. JOLTS data came in…
Donald Trump Winning 2024 US Presidential Election May Cause Global Economic Turbulence
Trump's proposed policies could significantly impact the global economy. Raising tariffs may increase inflation and slow economic growth. Financial markets…
Bitcoin Price Surpasses $67,000 as MTGOX Holdings Dwindle
Bitcoin price recovered above $67,000 today. The Fed will announce its interest rate decision next week. PCE data came in…
US Economic Data Influences Bitcoin Prices
Bitcoin and cryptocurrencies continue to experience volatile movements. US GDP data came in at 2.3%, below the expected 2.6%. US…
