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The US SEC moves on the backfoot as Ripple registers yet another victory in their legal battle.
The UK Chancellor of the Exchequer Jeremy Hunt is optimistic that inflation would ease.
The US stock futures were slightly down early this morning as the third-quarter earnings season gained momentum.
While experts forecast the US SEC will approve a spot Bitcoin ETF within the next six months, the BlackRock’s officials confirmed that it has not received a green light on its application.
The developments between US SEC and Grayscale over the past weekend led to whales accumulating Bitcoin in huge numbers.
JPMorgan figures for Q3 2023 exceeded expectations like it did in Q2. However, figures like revenue and EPS were higher last quarter.
The FTC lawsuit accuses the former Voyager CEO of fraud and misleading users, while the CFTC said the firm and CEO took reckless risks.
Data released by the Labor Department show that CPI for September increased higher than expected, with several prices up from August.
The announcement of this landmark deal follows a recent report which hinted at the two companies’ progress toward an agreement. Since that report, Pioneer shares have surged by over 10%.
Treasury yields fell in the US as the war between Israel and Hamas rages on, with several thousand dead and wounded.
Despite the selling pressure, Bitcoin has outperformed the broader crypto market with its market share crossing over 50%.
The unexpected strength in the labor market presents a dilemma for the Federal Reserve. Policymakers are grappling with the question of whether to raise interest rates further to cool the economy and combat rising inflation.
The US Treasury Yield has reached levels not seen since 2007 thereby denting the demand for riskier assets such as Bitcoin and altcoins.
While the recent price surge brought joy to long-term investors and HODLers, short sellers are notably facing a different fate.
According to Ray Dalio, the debt crisis could crash US growth, and happen happen as quickly or as delayed as supply and demand dictate.