💵 💴 💶Bitcoin Surpasses $59,000💵 💴 💶 Bitcoin (BTC) saw a drop of over 4% in the last 24 hours, trading around $58,000 and erasing all gains from the previous week. The decline in BTC has led to losses in major tokens, causing a general market downturn. Ether (ETH) dropped by 3.8%, while Solana (SOL), […]
💵 💴 💶 US Inflation Data Released 💵 💴 💶 The long-awaited US Consumer Price Index (CPI) data has been released. Annual inflation for July increased by 2.9%. Expectations ranged from 2.9% to 3.0% among different institutions. Monthly inflation also rose by 0.2%, aligning with expectations. The core inflation, excluding energy and food prices, rose […]
💵 💴 💶 GLOBAL MARKETS 💵 💴 💶 Goldman Sachs has reduced its expectations for the Fed’s preferred inflation measure, the Personal Consumption Expenditures (PCE) index, from 0.17% to 0.14%. Investors will be monitoring the consumer price data to be released later in the day. Economists expect a 0.2% increase in both core and headline […]
Ethereum Surpasses Bitcoin Europe’s largest digital asset management firm, CoinShares, has released its weekly crypto fund report. This time, investor preference shifted from Bitcoin funds to Ether funds. While net inflows into funds amounted to $176 million, analysts noted in the report, “Investors viewed price declines as a significant buying opportunity.” Ether funds saw net […]
US Inflation Data The money markets are pricing in a 100 basis point interest rate cut by the Fed this year. However, some analysts believe that such a large cut is not fully supported by economic data. The Consumer Price Index (CPI) for July, to be announced on Wednesday, and retail sales data on Thursday […]
GLOBAL MARKETS Data released in the U.S. yesterday showed that jobless claims fell more than expected last week, indicating that concerns about the labor market might be overstated. Following this data, the probability of a 50 basis point interest rate cut dropped from 69% to 54%. Some Federal Reserve (Fed) officials have expressed increased confidence […]
Güne Başlarken… Ripple, SEC davasında 125 milyon dolar para cezası aldı XRP fiyatı dakikalar içinde yükseldi ABD Menkul Kıymetler ve Borsa Komisyonu (SEC) ile yıllardır süren davada Ripple 125 milyon dolar para cezası aldı. Mahkeme dosyasına göre Ripple’ın bu cezayı alma nedeni XRP satışları. 2020 yılında SEC, Ripple’ın XRP satışı yoluyla 1.3 milyar dolar topladığını […]
