Bloomberg reported on May 22 that bond traders are fully pricing in a Fed interest rate hike by year-end, with interest rate swaps implying the Fed’s benchmark rate at least 25 basis points higher by the end of 2026. The same day, Fed Governor Christopher Waller said the Fed should remove its easing bias and
Crypto lender Ledn says the consumer bitcoin-backed loan market could grow nearly 300-fold to as much as $1 trillion within the next decade, as demand for borrowing against digital assets far outpaces actual usage. The forecast accompanied new research conducted by consumer insights firm Protocol Theory, which surveyed 1,244 cryptocurrency holders across the U.S. and
US-based Bitcoin exchange-traded funds, which are widely tracked to gauge institutional sentiment, just shed a whopping $1.2 billion, according to the most recent data. Alex Thorn, Galaxy Digital’s head of firmwide research, has noted that this massive wave of withdrawals is actually the third most negative week for these products. the spot bitcoin ETP outflows
The Federal Reserve’s April meeting minutes, released Wednesday, failed to bring the good news Bitcoin traders had been hoping for most of the year. The majority of policymakers said some degree of policy tightening would likely become appropriate if inflation stayed persistently above the central bank’s 2% target, the opposite of the rate cuts markets
Chainlink data standard has officially launched on AWS Marketplace. It allows millions of AWS developers and businesses to access blockchain oracle services easily. The integration brings Data Feeds, Data Streams, and Proof of Reserve into a familiar cloud environment. This move strengthens the connection between traditional cloud infrastructure and decentralized blockchain systems. NEW: Chainlink data
Over a year after the token’s demise, the Libra Trust has arranged a strategy to fund nearly 71 companies that have applied for this support. The Trust has close to $110 million to invest in this task, transferred by Hayden Davis, CEO of Kelsier Ventures and one of the faces behind Libra. Key Takeaways: The
Artificial intelligence (AI) agents autonomously spending money online is still a tiny market, but some of the world’s largest tech, payments and crypto firms are already racing to build the infrastructure for it, Keyrock said in a new report. The crypto trading and investment firm estimated that AI agents settled over $73 million across roughly
Spot Bitcoin ETFs traded in the US faced strong outflow pressure this week. A total net outflow of approximately $1.26 billion was recorded from spot Bitcoin ETFs, marking the largest weekly outflow since the end of January. The funds also reported net outflows for the sixth consecutive trading day. According to the data, approximately $649
After he was officially backed by US President Donald Trump during his first term, Jerome Powell was sworn in as Chairman of the Federal Reserve on February 5, 2018. He spent the next eight years and 100+ days as head of the financial institution, but experienced a massive fallout with Trump that led to countless
The tokenized asset market topped $34 billion as U.S. Treasury products led a rapid expansion across blockchain-based finance. Market data showed the sector has grown more than tenfold from mid-2024 levels, while institutional adoption broadened across digital asset infrastructure and settlement systems. Key Takeaways: Tokenized assets exceeded $34 billion, driven by Treasury products, commodities, and