Fed's Hammack urges immediate rate hikes, warns delay causes harm
Hammack repeats call for rate hikes as inflation stays near 3% and financial conditions seen as not restrictive.
12 h ago2 min read
BiFu News
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Canada's Q2 GDP annualized rate misses forecast at 3.3%
Canada's second-quarter GDP grew at a 3.3% annualized rate, below expectations of 3.4%. June monthly GDP rose 0.3%.
13 h ago3 min read
Ethereum and Bitcoin Rally Together, but On-Chain Data Reveals a Split
Ethereum holders pulled 1.4M coins off exchanges since June 3, while Bitcoin balances rose, and ETF flows show a similar divergence.
13 h ago9 min read
Bitcoin Eyes Fed for New Anchor After $6.4B Options Expiry
Bitcoin's $6.4 billion options expiry removed the $80,000 anchor, shifting focus to Fed Chair Warsh's Jackson Hole speech.
13 h ago17 min read
One Piece Debut Issue Tokenized on Solana
A graded 1997 Shonen Jump with One Piece's debut is tokenized on Solana and now trades onchain.
13 h ago11 min read
Evernorth Gets SEC Nod for Nasdaq Listing Under XRPN Ticker
The SEC declared Evernorth's S-4 effective, leading to a shareholder vote on September 30 for its Nasdaq listing under ticker XRPN.
13 h ago11 min read
Narrow ranges ahead of Warsh speech and key data releases
US dollar edges higher in tight ranges ahead of Fed Chair Warsh's Jackson Hole speech and key data releases.
13 h ago11 min read
KLA insiders sold $64M in shares as stock lost 40% of value
KLA Corporation insiders disclosed $64 million in stock sales as shares fell 40% since June, with no insider purchases.
13 h ago9 min read
PayPal Shares Plunge 18% as Stripe, Advent Drop $50B Acquisition Plan
PayPal stock fell nearly 18% in pre-market after Stripe and Advent abandoned a $50 billion buyout attempt.
14 h ago7 min read
HMRC: 240 Crypto Millionaires Declared £1M+ Gains in 2024-25
HMRC reported 240 people declaring over £1 million in crypto gains in 2024-25, the first such breakdown. Total gains were £717 million.
14 h ago8 min read