U.S. House Panel Advances Trump’s Tax-Cut Bill Amid Controversy

Key Points: Trump tax bill aims for permanent 2017 cuts, facing opposition. Market effects uncertain amid spending cut disputes. Concerns over fiscal impact persist in Republican caucus. The U.S. House Panel approved President Donald Trump’s tax cut bill on May 19, aiming for a Senate vote. Market analysts await the broader fiscal implications that might … Read more

Bitcoin Treasuries May Reshape Corporate Finance Models, Advocate Says

Corporate treasuries could spark an economic revolution as bitcoin accumulation strategies reshape capital allocation and production profitability worldwide. From Holding BTC to Selling Operations, a Corporate Strategy Path Outlined by Bitcoin Advocate Bitcoin advocate Pierre Rochard, CEO of the Bitcoin Bond Company, outlined a vision for corporate treasury strategy on Saturday via social media platform … Read more

Australian feds seize mansion, Bitcoin allegedly linked to crypto exchange hack

An Australian man from the state of Queensland has forfeited Bitcoin, a waterfront mansion and a Mercedes-Benz car after Australian Federal Police claimed the assets could be linked to the proceeds of crime. The AFP-led Criminal Assets Confiscation Taskforce (CACT) said in a May 18 statement that it seized nearly 25 Bitcoin (BTC), alongside the … Read more

Bitcoin Treasuries May Reshape Corporate Finance Models, Advocate Says

Corporate treasuries could spark an economic revolution as bitcoin accumulation strategies reshape capital allocation and production profitability worldwide. From Holding BTC to Selling Operations, a Corporate Strategy Path Outlined by Bitcoin Advocate Bitcoin advocate Pierre Rochard, CEO of the Bitcoin Bond Company, outlined a vision for corporate treasury strategy on Saturday via social media platform … Read more

China’s April retail sales growth of 5.1% misses expectations as consumption remains a worry

Citizens are shopping at a supermarket in Nanjing, East China’s Jiangsu province, on March 9, 2024.  Costfoto | Nurphoto | Getty Images China’s retail sales growth slowed in April, data from the National Bureau of Statistics showed Monday, signaling that consumption remains a worry for the world’s second-largest economy. Retail sales rose 5.1% from a … Read more

Can SUI Reach $10 After This Key Pullback?

SUI coin price is expected to experience a short-term decline, but it may still have strong potential in the long run. The latest indicators and trading data suggest the altcoin price may drop briefly and then target even higher levels. If the support holds up, the bullish setups could bring about a notable breakout for … Read more

Will keep raising rates if economy, prices improve in line with our forecast

Bank of Japan (BoJ) Deputy Governor Shinichi Uchida said on Tuesday that the central bank “will keep raising interest rates if economy, prices improve in line with our forecast.” Additional comments Uncertainty surrounding each country’s trade policy extremely high. Japan’s underlying inflation likely to re-accelerate after period of slowdown in growth. Mindful that recent rise … Read more

PDX Global Adds $TRUMP Token to Its Beam Payments Platform

PDX Global, a digital payments infrastructure company focused on crypto-native solutions, has officially added the OFFICIAL TRUMP ($TRUMP) token to its PDX Beam payments platform. The move brings real-world utility to one of the most high-profile meme coins in the 2024–25 crypto cycle, allowing holders to spend their tokens seamlessly at merchants both online and … Read more