Donald Trump Teases 'The DeFiant Ones' Crypto Project on Truth Social
“It’s time we take a stand – together,” Trump wrote on his Truth Social account with a Telegram group link to the unreleased decentralized finance platform.
When it comes to crime, crypto is a powerful tool for law enforcement
Coinbase's Chief Security Officer makes a case for why law enforcement should prefer crypto to cash.
Global equity funds see sharp inflows on Fed rate cut hopes
Global investors ploughed money into equity funds in the week to Aug. 21, encouraged by expectations of a Federal Reserve rate cut in September and easing concerns about the U.S. economy. According to LSEG data, investors snapped up $15.73 billion worth of global equity funds during the week, marking their largest weekly net purchase since July 17. Expectations of Fed rate cuts soared as the latest meeting minutes revealed that a majority of policymakers support a September interest rate cut if the data aligns with expectations.
Gold Rebounds Before Fed Speech That May Offer Rate Clues
(Bloomberg) -- Gold rebounded above $2,500 an ounce, ahead of a speech by Federal Reserve Chair Jerome Powell that may provide fresh clues on the central bank’s monetary-policy path.Most Read from BloombergChicago's Migrant Surge Is Stirring Trouble for Democrats in DNC Host CitySydney Central Train Station Is Now an Architectural DestinationWith Housing Costs High, Democrats Hone YIMBY MessageWith Self-Driving Vans, Hamburg Tries to Make Microtransit WorkUK Transport Minister Clears Path for Mo
DeFi Summer Is Making a Comeback, Steno Research Says
Total value locked across the crypto ecosystem is expected to reach an all-time high in the first half of next year, the report said.
DeFi Summer Is Making a Comeback, Steno Research Says
Total value locked across the crypto ecosystem is expected to reach an all-time high in the first half of next year, the report said.
Bitcoin Tops $61K Ahead of Jackson Hole as Ether ETFs Extend Record Outflow Streak
Comments at the Jackson Hole symposium later Friday may give clues about the Federal Reserve monetary policies, will boost or undermine prices of risk assets, including bitcoin.
Bitcoin Tops $61K Before Powell's Jackson Hole Speech as Ether ETFs Face Record Outflows
Comments at the Jackson Hole symposium later Friday may give clues about the Federal Reserve monetary policies, will boost or undermine prices of risk assets, including bitcoi...
Investors rush to money market funds before Fed rate cut, BofA says
Investors poured $37 billion into cash-like money market funds (MMFs) in the week to Wednesday, Bank of America said on Friday, as they braced for the U.S. Federal Reserve to cut interest rates in September. It put MMFs on track for their biggest three-week cumulative inflow since January at $145 billion, BofA said, citing figures from financial data provider EPFR. Investors put $20.4 billion into stocks, $15.1 billion into bonds, and $1.1 billion into gold, BofA said, in its weekly round up of flows in and out of world markets.
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