Your essential daily read: our featured Story of the Day highlights the most impactful development across crypto, blockchain, or regulation—curated for urgency, significance, and insight. Don’t miss what moves the market today.
According to Ray Dalio, the debt crisis could crash US growth, and happen happen as quickly or as delayed as supply and demand dictate.
As the US national debt rises, some estimates suggest a possible $45 trillion level over the next couple of years.
Central Banks around the world are grappling with the difficult task of managing excessive inflation while maintaining economic development.
The Bank of England has halted its 14 consecutive interest rate hikes, keeping rates at 5.25% due to moderating inflation. Despite this, the economy remains precarious.
Amid sticky inflation, Fed Chair Jerome Powell said that they would approach the monetary policy very cautiously. Analysts expect only two rate cuts instead of four, in 2024.
While all the predictions from influential figures and institutions mentioned in our article provide intriguing insights, it’s always crucial to approach them with caution.
Heightened Bitcoin demand by institutional investors amid the incoming halving event in about six months has kept the bullish narrative alive.
Arm has concluded its debut on the Nasdaq after launching an IPO where shares closed nearly 25% higher on the day.
High energy prices can have a cascading effect on other sectors of the economy, contributing to the overall rise in consumer prices.
During the Arm IPO, about 95.5 million ADSs will be issued by SoftBank Group’s subsidiary with underwriters having access to 7 million more shares to cover over-allotments.
Core inflation in August rose as the CPI showed price increases across several points, including energy, housing and airfares.
According to the announcement, the iPhone 15 Pro can help to create “spatial videos” which make use of two of the device’s cameras to capture video in 3D.
Bitcoin and the broader crypto market have come under major selling pressure amid news of the FTX creditor liquidation.
Arm has successfully secured a lineup of cornerstone investors for its IPO, including some of the biggest names in the tech industry.
In addition to the JPM Coin, JPMorgan is now developing another blockchain asset that will function as a deposit token for cross-border transactions.