Finance
US Reports $345 Billion Deficit for August, Gold and Bitcoin Prices Surge
Federal budget shortfall reaches $345 billion in August as gold prices near $3,670 and Bitcoin surpasses $115,000 amidst rising spending.
Recent in
Recent in
Federal budget shortfall reaches $345 billion in August as gold prices near $3,670 and Bitcoin surpasses $115,000 amidst rising spending.
WLFI shows resilience as community rallies behind a strategy that promotes a deflationary model.
Dogecoin's value increased nearly 6% due to anticipation surrounding the debut of the U.S. Dogecoin ETF.
Christie’s has closed its digital art department, bringing an end to its NFT initiative as trading volumes fall considerably.
Coinbase analysts believe that strong liquidity, a supportive macro environment, and favorable regulatory factors will contribute to the persistence of the crypto market rally into the fourth quarter.
BlackRock is exploring the possibility of creating exchange-traded funds tied to stocks on public blockchains, potentially revolutionizing trading and settlement processes.
Significant gains for certain crypto stocks occur amidst a stagnant broader crypto market.
Kinetiq's total locked value has surged from $458 million to over $2.1 billion, attributed to both HYPE price increases and substantial deposits.
The CoinDesk 20 Index experiences a 1.4% increase with Bitcoin Cash and Hedera leading the gains.
The LINK cryptocurrency from Chainlink experienced a 2.5% increase as DigiFT and UBS obtained approval to automate tokenized financial products in Hong Kong.
Market momentum may increase should the CPI report yield lower than expected results, suggesting a potential cut in Federal Reserve rates.
The rejection of Strategy's bid to enter the S&P 500, despite meeting requirements, signals caution in corporate bitcoin treasury strategies, JPMorgan warns.
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