Unconfirmed reports suggest that major Chinese internet companies may be exiting cryptocurrency ventures. Allegedly, these firms are withdrawing from stablecoin licensing activities in Hong Kong, a move not […]
Labor Market Weakness Fuels Speculation of Fed Rate Cut
Recent data highlighting a decline in U.S. job openings has fueled speculation about the Federal Reserve potentially lowering interest rates. This development is particularly significant because historically, crypto […]
Potential Inflation Concerns Spark Amid Tariff Changes
Economists are expressing concern about potential inflation increases as a result of new tariffs recently implemented by the U.S.
PCE Price Index Expected to Show Minimal Increase in March
Expert analysis suggests that the Personal Consumption Expenditures (PCE) price index is likely to demonstrate only a minor increase of 0.08% for March, according to BlockBeats. This forecast […]
Bitcoin Stumbles Amidst Challenging Economic Environment
This year’s first quarter has been particularly difficult for Bitcoin, with the cryptocurrency market witnessing a significant 11.7% drop. The current economic uncertainty, fueled by new government policies […]