The Federal Reserve’s latest Beige Book report revealed that economic growth continues, but the outlook is becoming increasingly complex due to uncertainties. According to the report, economic activity increased slightly to moderately in eight of the 12 Federal Reserve regions. In contrast, economic activity remained almost unchanged in two regions, while a slight to moderate
A noteworthy technical analysis assessment of Bitcoin has emerged in the cryptocurrency markets. Crypto analyst Michael van de Poppe, in a post on the social media platform X, evaluated Bitcoin’s current price movements and possible scenarios. According to Van de Poppe, Bitcoin is continuing its consolidation process in a range near the $75,000 level. However,
Welcome to our institutional newsletter, Crypto Long & Short. This week: Tricia Gallagher on how the fix for broken digital identity systems will need to be state-led and user-controlled. Top headlines institutions should pay attention to by Francisco Rodrigues. Crypto TCG gacha volumes hit all-time high as CARDS token surges 52% in Chart of the
Bitcoin’s outperformance during the Iran conflict doesn’t fit the standard playbook, and Bitwise CIO Matt Hougan thinks he knows why. The largest cryptocurrency has gained 12% since U.S. and Israeli airstrikes began Feb. 28, while the S&P 500 has fallen 1% and gold 10%. For an asset routinely dismissed as a leveraged tech bet during
Only 4% of Danish citizens own cryptocurrencies, a figure that has remained unchanged since 2023 despite the global growth of the sector across Europe and other jurisdictions, according to a new staff paper from the country’s central bank published Wednesday. The Danmarks Nationalbank staff paper, based on a survey conducted by Epinion, revealed that among
Morgan Stanley is signaling a growing focus on tokenization and blockchain-based infrastructure, framing “onchain” finance as a potential next step in how it serves wealth clients. Speaking during the bank’s first-quarter earnings call, executives described a future where assets and liabilities move more freely across digital rails. “How do you think of a tokenized world?
As talks between the US and Iran continue, US President Donald Trump has made new statements regarding the Fed. Speaking to Fox Business, US President Donald Trump made significant statements about current Fed Chairman Jerome Powell and the new Fed chairman nominee Kevin Warsh. Trump harshly criticized Powell, stating that he should resign voluntarily. At
Allbirds (BIRD) surged around 300% after saying it will pivot from sneakers into AI computation services, underscoring one of the market’s dominant themes: the race to secure scarce AI infrastructure. The company said it agreed to sell its footwear brand to American Exchange Group and reinvent itself as NewBird AI, backed by a $50 million