The leading cryptocurrency Bitcoin (BTC) made a big move recently and broke a new record by rising above $123,000. After this ATH, BTC price has retreated and continues to consolidate at the $117,000-$118,000 level. While the pullback in BTC price had a negative impact on spot Bitcoin ETFs, the 13-day entry streak in US spot
The Fed is expected to hold interest rates steady at its Federal Open Market Committee (FOMC) meeting on July 30, according to Yardeni Research. According to research data, the probability of a rate cut remains at just 4.7%. While the strong employment data released in June delayed short-term rate cut expectations, a moderate inflation report
The cryptocurrency market spent the past week with Donald Trump signing the historic cryptocurrency law into law, and Bitcoin and altcoins experiencing a massive surge. However, the new week will also see economic developments and altcoin events that could deeply affect Bitcoin and other cryptocurrencies. Here is the cryptocurrency calendar we have prepared especially for
With construction sites across the U.S. stalled by labor shortages, San Francisco-based startup Bedrock Robotics announced last week that it has raised $80 million to deploy autonomous excavators and bulldozers, with no humans in the cab. The company, which emerged from stealth alongside the announcement, retrofits standard heavy equipment with cameras, sensors, and machine-learning software
US Treasury Secretary Scott Bessent reportedly explained in detail to President Donald Trump in private conversations that he should not dismiss Fed Chair Jerome Powell. According to sources familiar with the matter, Bessent clearly explained to Trump the risks such a step could pose to the economy, markets and politics as Powell enters the final
Gemini co-founder Tyler Winklevoss has taken to the X social media platform to accuse banking giant JPMorgan of trying to “kill” cryptocurrency companies. This comes after Bloomberg reported earlier this week that America’s largest bank would start requiring fintech companies to pay fees in order to be able to gain access to the account information
Tether USDT, the world’s most liquid stablecoin, has established itself as a powerhouse in the crypto arena. Recent data analytics indicate that USDT commands 73% of stablecoin activities. Data shared on X underscores USDT’s deep integration into the daily flow of digital currency transactions worldwide. Stablecoins like USDT are digital tokens pegged to traditional currencies—most
Billionaire Ray Dalio’s hedge fund is shedding exposure to the S&P 500 and hedging against the US dollar – while managing to stay on offense. The latest 13F filings show Dalio’s Bridgewater Associates has lowered its stake in the SPDR S&P 500 ETF, a benchmark fund that tracks the performance of the S&P 500. That