Economy
UK's 30-Year Bond Yield Surpasses US Amid Growing Financial Concerns
The UK's long-term borrowing costs have surpassed those of the US for the first time in over two decades, highlighting investor concerns regarding Britain's fiscal health.
Economy
Yen Strengthens Against Bitcoin and Dollar Amid Predictions of Bank of Japan Rate Increase
The Japanese yen has gained strength against both the dollar and Bitcoin, as U.S. Treasury Secretary Scott Bessent suggests that the Bank of Japan will need to raise interest rates to combat inflation.
Crypto
U.S. Consumer Price Index for July Sees Modest Increase of 2.7%, while Core Rate Exceeds Expectations at 3.1%
Data reveal a mixed inflation report for July, with the core rate rising faster than anticipated, leaving markets awash in speculation about a Federal Reserve rate cut.
Economy
Corporate America Sees Sharp Decline in Recession Concerns Despite High Tariff Rates
A significant reduction in mentions of recession during earnings calls points to a shift in corporate sentiment.
Economy
Crypto Market Crisis: Three Key Factors Prompt Traders to Exercise Caution
A bleak U.S. jobs report, escalating geopolitical tensions, and fears of a recession have led to a significant sell-off in the cryptocurrency market, spearheaded by declines in Bitcoin and Ethereum.
Crypto
Pressure Grows on Fed Chairman Amid Speculation of Leadership Change
Rumors intensify regarding a potential shake-up in Federal Reserve leadership as Bitcoin surpasses $120,000 for the first time.
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