• Aug 21, 2024

After 2022’s Bust, Scars Are Healing In Crypto Lending

Innovative structures, attractive yields, and stronger risk management capabilities are driving a recovery in institutional crypto lending markets, says Craig Birchall, head of product at Membrane, an institutional loan management software provider for digital asset markets.

  • Aug 21, 2024

Gold Near Record as Jobs Revision, Fed Minutes Support Rate Bets

(Bloomberg) -- Gold traded near a record high as Federal Reserve minutes and a downward revision of US payrolls reinforced expectations that policymakers will cut interest rates in September.Most Read from BloombergThe Serious Work That Free Play Can DoSeveral Federal Reserve officials acknowledged there was a plausible case for cutting interest rates at their July 30-31 meeting before the central bank’s policy committee voted unanimously to keep them steady. Swap traders now expect a quarter-po

  • Aug 21, 2024

Can Crypto Sway the U.S. Election?

With the political environment so finely poised, candidates would be wise to attract crypto voters, says Nonco’s Jeffrey Howard.

  • Aug 21, 2024

Can Crypto Sway the U.S. Election?

With the political environment so finely poised, candidates would be wise to attract crypto voters, says Nonco’s Jeffrey Howard.

  • Aug 21, 2024

Fed minutes: Most officials favored a rate cut in September if inflation continued to cool

Most Federal Reserve officials agreed last month that they would likely cut their benchmark interest rate at their next meeting in September as long as inflation continued to cool. The minutes of the Fed’s July 30-31 meeting, released Wednesday, said the “vast majority" of policymakers “observed that, if the data continued to come in about as expected, it would likely be appropriate to ease policy at the next meeting.” In July, the policymakers kept their benchmark rate at 5.3%, a near-quarter-century high, where it's stood for more than a year.

  • Aug 21, 2024

Ovintiv Explores Sale of Oil Operations in Uinta Basin

(Bloomberg) -- Ovintiv Inc. is considering a possible sale of its operations in the Uinta Basin, which could fetch as much as $2 billion, people with knowledge of the matter said.Most Read from BloombergThe Serious Work That Free Play Can DoDenver-based Ovintiv is working with an adviser to gauge buyer interest in the asset, the people said, asking not to be identified discussing confidential information. Ovintiv’s operations in the Central Basin of Utah involves drilling in about 2,600 feet of