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 […]
Bank of Korea Holds Rates Steady Amidst Mortgage Concerns
The Bank of Korea (BOK) maintained its policy rate at 2.5% for the second consecutive meeting on Thursday, balancing concerns about rising mortgage debt with a cautious outlook […]
Metaplanet to Invest Heavily in Bitcoin Amid Economic Uncertainty
Japanese publicly traded company Metaplanet has announced plans to raise approximately $8.8 billion USD through an international share offering. This funding will be used primarily to acquire Bitcoin, […]
US Government to Release Economic Data on Blockchain: Will It Impact Transparency and Access?
US Commerce Secretary Howard Lutnick announced plans to use blockchain technology for releasing economic data, including GDP figures, in a move toward increased transparency and accessibility. The initiative […]
Blockchain Revolutionizes Economic Reporting with Verified GDP Data
A groundbreaking initiative by the U.S. Department of Commerce marks a significant shift towards greater transparency and trust in economic reporting. The department will begin recording Gross Domestic […]
Trump’s Actions Impact Global Economy as Fed Member Removal Shakes Financial World
President Donald Trump’s unprecedented actions have shaken the global economy, with his removal of a Federal Reserve board member highlighting a shift in how economic policy is shaped. […]
France’s Markets Plummet Amidst Bayrou Budget Vote Rebellion
French markets experienced a dramatic downturn on Tuesday after Prime Minister Francois Bayrou called for a confidence vote on his controversial €44 billion budget plan. The move, met […]
Dollar Rebounds, Euro Weakens: Understanding the Impact on Global Markets
The global financial landscape is experiencing a surge in Dollar strength while the Euro faces considerable headwinds. This dynamic shift has far-reaching implications for investors, traders, and economic […]
Fed Governor Defends Independence Amidst Presidential Pressure
U.S. Federal Reserve Governor Lael Brainard has reiterated her unwavering dedication to maintaining the independence of the central bank, even in the face of political pressure from President […]
Japan Embraces Web3 for National Growth, Minister Says
Japan’s economy is looking towards the transformative potential of Web3 technology, according to its Minister of Economy, Trade and Industry, Yoji Muto. At the WebX Asia 2025 conference, […]
Cryptocurrency Market Rallies on Fed Rate Cuts: What Drives the Rise?
The cryptocurrency market has experienced significant gains, driven by recent Federal Reserve rate cuts and signals of a shift in policy focus. This article explores how these changes […]