The US ISM Manufacturing PMI plunged to 48.2 in November, revealing a ninth consecutive contraction and suggesting potential for economic slowdown. This downturn, linked historically to increased crypto […]
Economic Calendar Highlights This Week’s Key Events
This week promises a flurry of economic events and data releases with considerable implications for markets. On Tuesday, Federal Reserve Chair Jerome Powell will deliver remarks at a […]
JD Vance Endorses Bitcoin at Crypto Conference
Vice President JD Vance made a strong statement in support of Bitcoin during the Bitcoin 2025 conference, advocating for its integration into the American economy. His pro-crypto stance […]
Roubini Forecasts 2026 US Economic Outlook: Growth Recession or Strong Recovery?
Renowned economist Nouriel Roubini predicts a mixed bag for the U.S. economy in 2026, predicting three potential scenarios: a ‘growth recession,’ ‘shallow recession,’ or ‘strong growth without a […]
Fed Releases Beige Book, Signaling Economic Stability with Regional Disparities
The Federal Reserve’s (Fed) much-anticipated Beige Book has been published, providing updated assessments of regional economic activity. The report reveals that the overall economy remains relatively stable, but […]
Beige Book Provides Insights into U.S. Economic Landscape
The latest Beige Book provides crucial insights into the current economic climate of the United States, especially with many other reports delayed this November due to closures. This […]
Fed’s Beige Book Shows Mixed Signals for US Economy Ahead of Rate Decision
The latest Beige Book from the Federal Reserve offers a glimpse into the current economic landscape, providing crucial insight as the December interest rate decision approaches. It reveals […]
US Unemployment Claims Hit Lowest Point Since 2025
The United States witnessed a significant drop in initial unemployment claims, reaching a new low of 216,000 for the week ending November 22nd. This marks the lowest level […]
U.S. Jobless Claims Fall Below Forecasts
New data from BlockBeats indicates that initial jobless claims in the United States for the week ending November 22 were lower than expected. The reported figure of 216,000 […]
Federal Reserve Exploring U.S. Treasury Holdings
Federal Reserve Governor Milan has proposed a strategy shift towards increasing the balance sheet’s exposure to U.S. Treasuries. This initiative stems from concerns about escalating living costs, prompting […]
Fed Rate Cut Odds Climb to 69.4%, Probability Shifts Toward December Action
New data from CME’s FedWatch Tool indicates that the probability of the Federal Reserve cutting interest rates by 25 basis points in December stands at a significant 69.4%. […]
Market Volatility Grips Global Assets Amidst Economic Uncertainty
Risk assets have faced a challenging period this week, with the U.S. stock market suffering significant downturns despite Nvidia’s strong earnings report and optimistic CEO comments. The cryptocurrency […]
U.S. Jobless Claims Plummet, Challenging Rate Cut Expectations
U.S. jobless claims saw a significant decrease this week, falling below market expectations and potentially impacting financial markets. Initial claims were reported at 220,000 for the week ending […]
Representative Davidson Introduces Bill to Use Bitcoin for Federal Taxes
A groundbreaking proposal aimed at transforming federal tax payments in the United States has been introduced by Representative Warren Davidson. The ‘Bitcoin for America Act’ suggests that taxpayers […]
Representative Davidson Proposes Using Bitcoin for Federal Taxes, Aiming to Strengthen U.S. Economic Resilience
Congressman Warren Davidson has introduced a bill that could revolutionize how the US taxes its citizens: allowing payment of federal taxes using Bitcoin. This legislation, dubbed the “Bitcoin […]