Markets are quickly recalibrating previously lofty odds of an imminent rate cut as the jets touch down in Jackson Hole for the Kansas City Fed’s Economic Symposium. The current data does not make the case for a September ease, said Cleveland Fed President Beth Hammack, speaking with Yahoo News in Wyoming. “We have inflation that’s
The Smarter Web Company, a London-listed web design and marketing firm, has tapped Bitcoin analyst Jesse Myers to steer its Bitcoin strategy and investor messaging as it formalizes a cash-and-Bitcoin treasury policy. “I firmly believe that there will be a dominant Bitcoin treasury company in each capital market in the world,” Myers said in a
Stablecoins, digital tokens tied to predominantly fiat currencies like the U.S. dollar, will balloon to a $1.2 trillion market by 2028 and even have an impact on U.S. debt markets, Coinbase analysts projected in a Thursday report. The forecast, published by the exchange’s research arm led by David Duong, is based on a stochastic model
The Fed, which has been on hold since January 2025, is expected to cut interest rates in September. While the September rate cut was initially priced in at nearly 100%, it is now priced in at 81%. At this point, while waiting for the economic data to arrive before the September meeting, FED members made
A majority of investors who hold both cryptocurrencies and stocks say digital assets will outperform equities in the long term, according to a new survey from crypto exchange Kraken. The survey of more than 1,000 U.S. adults, published Thursday, found that 65% of dual-asset investors expect crypto to deliver stronger growth than stocks over the
The corporate use of cryptocurrencies is evolving beyond payments, with a number of businesses adopting bitcoin BTC$112,951.37 and other digital assets as core treasury reserves. A report Thursday from rating company Morningstar DBRS cautions that this strategy could heighten credit risk profiles. According to BitcoinTreasuries.net, roughly 3.68 million BTC (worth about $428 billion as of
Tokenization adoption may solve some of the systemic inefficiencies identified in Latin American capital markets and accelerate investment and capital flow in the region, according to Bitfinex Securities. Systemic inefficiencies, including high fees, complex regulations and structural issues such as technological barriers and high startup costs, are slowing investment and hindering capital flow into Latin
Fidelity has significantly expanded its digital asset exposure in 2025, with its cryptocurrency holdings climbing by more than $5.3 billion year-to-date, according to fresh data compiled by Finbold research. As of January 1, 2025, Fidelity’s two flagship spot crypto ETFs, the Fidelity Bitcoin ETF (FBTC) and Fidelity Ethereum ETF (FETH) reported combined holdings of 201,163
The Dow Jones Industrial Average wavered on Thursday as investors reacted to retail giant Walmart’s quarterly miss, with stocks opening lower as Wall Street turned its attention to the Federal Reserve’s key symposium at Jackson Hole. Summary Dow fell 200 points and S&P 500 and Nasdaq shed gains amid stocks retreat. Walmart shares dipped after