Polymarket has lowered its prediction of a US economic recession in 2025, adjusting the probability to 26%. This reduction reflects real-time sentiment captured within their prediction market platform. […]
Trump Hints at Replacing Fed Chair Powell, Setting Off Crypto Debate
Donald Trump continues to shake up the financial landscape with bold moves. This time, he’s targeting Jerome Powell as the next potential Federal Reserve chair, suggesting his replacement […]
Trump Urges 100 Basis Point Rate Slash for Economic Stimulation
U.S. President Donald Trump is pushing the Federal Reserve to reduce interest rates significantly, requesting a reduction of 100 basis points ahead of the upcoming FOMC meeting. While […]
Congress Introduces Bill for Comprehensive Gold Audit of US Reserves
Four U.S. Representatives have introduced a bill aiming to initiate the first comprehensive audit of the nation’s gold reserves. The Gold Reserve Transparency Act (H.R. 3795) demands an […]
US Jobs Report Surpasses Forecasts, Driving Dollar Index Up
The US economy added 139,000 jobs in May, exceeding expectations and signaling continued strength despite ongoing economic headwinds. This small but significant gain was attributed to robust hiring […]
Crypto Market Buzzes as U.S. and China Economic Data Awaits
Investors are bracing for crucial economic updates from the U.S. and China, anticipating their impact on the volatile cryptocurrency market. Recent data suggests a challenging economic climate in […]
Elon Musk Raises Alarm Over US Debt Crisis, Sees Bitcoin as Potential Reserve Currency Solution
Elon Musk has warned of a looming US debt crisis that could cripple essential services and lead to the nation’s economic collapse. He cites alarmingly high interest payments […]
GlobalFoundries Invests $16 Billion in U.S. Chip Manufacturing Expansion
GlobalFoundries Inc., the largest U.S.-based producer of custom semiconductor chips, has announced a massive $16 billion investment to expand its domestic manufacturing capacity. This significant investment from GlobalFoundries […]
US Dollar Weakness Fuels Currency Volatility Ahead of Key Employment Data
The US dollar’s recent dip has sparked interest in the forex market as a confluence of factors contributes to the currency’s uncertainty. Traders anticipate significant movements in the […]
U.S. PMIs Outperform Expectations in May
Official reports from S&P Global indicate a strong showing for US services and composite PMI data in May. The final reading for the U.S. S&P Global Services PMI, […]
How US Economic Data Impacts Cryptocurrency Dynamics
The U.S. economy is playing a significant role in shaping the cryptocurrency market, as key economic data releases are influencing investor sentiment and trading behavior. This week saw […]
Cryptocurrency Outlook for 2025: Divergent Trends and US Tariff Impact
Crypto markets are facing a unique landscape in 2025, diverging significantly from the explosive gains witnessed in 2021. Despite President Trump’s impact on easing crypto-related challenges in 2021, […]
Bitcoin Market Watch: Key US Economic Reports Impacting Crypto This Week
The crypto market has been relatively stable over the past two weeks, oscillating between $109,000 and $104,000 following its record high of $111,980. While Bitcoin saw a 11% […]
US Commerce Secretary Vows to Maintain Tariffs Despite Legal Challenges
US Commerce Secretary Howard Lutnick has reaffirmed the government’s commitment to tariffs despite ongoing legal challenges, signaling a potential ripple effect across various sectors. Lutnick, known for his […]
US Credit-Default Swaps Rise, Signaling Potential Market Turmoil in Crypto
Recent developments show a renewed stability in the cryptocurrency market with leading cryptocurrencies experiencing a rebound. However, the rise in US credit-default swaps (CDS) presents an intriguing question: […]