SMBC Chief Economist and former US Treasury Department official Joe Lavorgna argued that the Fed should raise interest rates in September and will take a step in that direction. Appearing on CNBC, Lavorgna made critical statements on current events, evaluating the strong growth momentum in the US economy, the revival in the manufacturing sector, and
Bitcoin shrugged off tensions in the Middle East, barely moving despite U.S. President Donald Trump vowing on Monday to hit Iran hard. The price of the biggest cryptocurrency recently stood at $79,076, unmoved over a 24-hour period. The coin also hasn’t budged from where it stood seven days ago. Bitcoin started a phenomenal run two
Bitcoin ETFs Add $924.48M as Ether Funds Draw $824.42M The money kept coming, and this time it spread further across the field. Bitcoin and ether remained the largest destinations for ETF capital, extending their winning streaks through Thursday. Yet the week’s most striking feature came lower down the crypto market, where solana, $XRP and $HYPE
Bitcoin’s ability to extend its August rally has come under a fresh test as analysts have pointed to sustained spot ETF demand as a key requirement for overcoming rising expectations of a September Federal Reserve rate hike. According to Bitfinex analysts in an Aug. 31 market report shared with crypto.news, Bitcoin’s latest advance has relied
During the three months ending June 30, CleanSpark put 9,400 Bitcoin-equivalent call contracts through Spot+, its strategy for selling options around ongoing sales from its corporate Bitcoin treasury. Because the figure is expressed in Bitcoin equivalents, it can resemble a balance-sheet position even though it measures a quarter’s trading flow. In its Aug. 6 quarterly
Remarkable statements continue to emerge regarding institutional investor interest in the Bitcoin market. CK Zheng, former global valuation risk manager at Credit Suisse, stated that the worst period for Bitcoin may be over and predicted that the $BTC price could reach $150,000 by the end of 2027. According to Zheng, key factors that could support
CoreWeave has reported a staggering $104 billion in contracted backlog as of Q2 2026, a remarkable 246% increase from $30.1 billion the previous year. This surge signals a significant demand for data solutions, with another $25 billion added in just the first weeks of Q3. As noted by the crypto commentator @Filecoin, this highlights Filecoin’s
C1 Fund Inc. (NYSE: CFND), a closed-end fund traded on the New York Stock Exchange, has disclosed its portfolio structure for the second quarter of 2026. According to the official release, Ripple Labs Inc. was recorded as the fund’s largest holding, accounting for 17.5% of net assets, ahead of Kraken’s parent structure, Payward, Inc., which
Strong August Performance Bitcoin’s price appeared to consolidate around $78,000 on the last day of August after the latest direct military exchanges between the U.S. military and Iranian forces sent it tumbling. Market data showed the cryptocurrency appeared to be on course to test the $80,000 resistance again after easily reclaiming $79,000 Sunday afternoon. However,
Bitcoin traded near $77,700 today, Aug. 31, putting the largest crypto asset up about 23.5% over 30 days. CryptoSlate’s market signal registered a bullish 68 out of 100 after a late-week pullback. The score measures trailing market conditions. CryptoSlate published its latest Bitcoin September forecast at the Aug. 30 close. The model used a $77,667