Many interpret this as a form of stealth QE In April, it was reported that the Fed’s Reverse Repo Facility (RRP) balance had plummeted from over $2.5 trillion in 2022 to $148 billion Also today, the US Treasury auctioned $150 billion in 3-year Treasury notes, but only sold $78 billion Today, the Federal Reserve (Fed) … Read more
Global finance is entering a transformative phase as the U.S. dollar’s supremacy unravels, opening explosive opportunities for emerging currencies and signaling a seismic portfolio realignment. Devere CEO Warns: The US Dollar’s Era of Unquestioned Power Is Slipping Away Financial advisory firm Devere Group CEO Nigel Green cautioned on May 5 that global investors are dangerously … Read more
Key Points: Talks address tariffs, economic strategies, and potential impacts on markets. First official dialogue between US and China since tariff increases. Global trade markets await outcomes impacting international policies. China and US Engage in Economic Talks Amid Trade Tensions He Lifeng leads the Chinese delegation to Switzerland for economic dialogue with US Treasury Secretary … Read more
A recent Cambridge report confirms that the United States now leads global Bitcoin mining, prompting questions about how China will respond. Though the country has long held an anti-crypto stance, Chinese mining pools have historically controlled a substantial portion of the global Bitcoin hashrate. The US’s current competitive edge and renewed hostility over trade policy might … Read more
Pi Network users can now store PI tokens in cold wallets. Zypto App and OKX Wallet with Ledger offer offline security solutions for PI. Wallet activations and upcoming features drive the need for safer token storage. Pi Network users can now store their PI tokens in cold wallets. The update comes as user demand for … Read more
The price of bitcoin vaulted to $97,469 per coin after idling near $94,000 for much of the day. Bitcoin’s volume tapped $24.27 billion, commanding 33.11% of all trades logged today. Bitcoin Resurfaces With Fury The leading crypto asset, bitcoin (BTC), climbed more than $3,500 from May 5’s intraday trough. The latest high was logged just … Read more
Top-tier crypto wallet brand Best Wallet continues to grab headlines, first due to its accelerating user growth metrics and secondly because of its stellar token sale campaign. This is no surprise, considering the obvious fundamental advantages it has over competitors like MetaMask and Phantom. Featuring a host of cutting-edge functionalities including decentralized storage, “Upcoming Tokens,” … Read more
Corporate treasuries are poised to unleash a $330 billion bitcoin buying spree by 2029, signaling explosive adoption of crypto as a mainstream balance sheet asset. Bernstein Forecasts $330B Corporate-Treasury Led Bitcoin Inflows by 2029 Global research and brokerage firm Bernstein has issued a new forecast suggesting that corporate treasuries may direct approximately $330 billion into … Read more
LOS ANGELES, CALIFORNIA – FEBRUARY 02: Taylor Swift attends the 67th Annual GRAMMY Awards on … More February 02, 2025 in Los Angeles, California. (Photo by Matt Winkelmeyer/Getty Images for The Recording Academy) Getty Images for The Recording Academy Actors, singers, athletes, fashion designers, and more sported their finest looks at the 2025 Met Gala … Read more
GBP/USD rallied on Tuesday, bolstered by headlines of an incoming US-UK trade agreement. Specific details remain limited, but GBP markets were buoyed by hopes to avert US tariffs. The Pound Sterling settled 0.4% higher against the Greenback after testing 1.3400. GBP/USD rose on Tuesday, climbing four-tenths of one percent on the day and testing the … Read more