European Central Bank President Christine Lagarde has warned that Donald Trump’s attempts to remove top Federal Reserve officials pose a significant threat to both the U.S. and global […]
Trump Defends Tariffs Amidst Legal Setback, Citing Economic Strength
President Trump has defended his controversial tariffs, claiming they are essential for maintaining America’s economic strength and national security. He argues that the U.S. would face severe consequences […]
Canada’s Economy Contracts: Trade Tensions Fueling Declines
Canada’s economy suffered a significant contraction in Q2 2025, shrinking at an annualized rate of 1.6%. This marks the largest decline since the COVID-19 pandemic and is largely […]
Germany’s Inflation Climbs Despite Stalling Economy
Germany grapples with rising inflation, despite a stagnant economy and increasing unemployment. The country faces pressure from escalating US tariffs on European products, impacting businesses and consumers alike. […]
U.S. Consumer Confidence Plunges as Economic Concerns Persist
Consumer confidence has taken a significant dip in August, with the University of Michigan’s final sentiment index falling to 58.2 from July’s 61.7, the lowest point in three […]
Stablecoin Integration: $34 Trillion Potential & New Digital Finance Landscape
U.S. Treasury Secretary Scott Bessent has proposed a significant shift in financial infrastructure, envisioning stablecoins as key to unlocking trillions of dollars in new digital finance markets. His […]
US Government Embraces Blockchain for GDP Reporting
The U.S. Commerce Department has taken a significant step toward integrating blockchain technology into its economic data reporting by publishing Gross Domestic Product (GDP) figures on major blockchains […]
China’s Top Banks Face Declining Profits as Economy Weakens
China’s largest banks are set to report disappointing financial results, impacted by a slowing economy and stagnant wages. Analysts predict rising loan defaults, particularly among consumers, will further […]
U.S. Stock Market Slumps as Consumer Confidence Drops
The U.S. stock market continued its downward trend on August 29th, with the Nasdaq falling by 1.00%. This decline comes alongside a notable drop in consumer confidence, according […]
Germany’s Unemployment Crisis: Impacting Crypto Markets?
Germany faces a significant unemployment crisis, exceeding three million for the first time since 2015. This surge reflects deeper economic challenges impacting businesses and citizens alike. Chancellor Friedrich […]
Pyth Network Joins Forces With US Department of Commerce for On-Chain GDP Data
Pyth Network, a decentralized oracle network known for high-accuracy real-time financial data, has partnered with the U.S. Department of Commerce to release verified GDP data on-chain. This marks […]
Wall Street Remains Muted After GDP & Job Data Release
U.S. stocks opened cautiously on Thursday, with the Nasdaq slightly up and indices such as the Dow Jones Industrial Average and S&P 500 wavering in response to Nvidia […]
Initial Jobless Claims Drop: What Does It Mean for the Crypto Market?
The US just released its latest initial jobless claims report, and it’s significantly surprising. With fewer people filing for unemployment benefits than expected, this unexpected development is impacting […]
US Economic Data Boosts Cryptocurrency Sentiment
The release of key U.S. economic data has boosted optimism within the cryptocurrency community. Recent figures like the GDP and PCE reports highlight a stronger-than-expected economy, potentially signaling […]
U.S. Department of Commerce to Publish Economic Data on Blockchain
The U.S. Department of Commerce is set to transition economic data publishing to a blockchain platform, aiming to enhance transparency and security. This move promises immediate benefits for […]