·Confidence 90%
T. Rowe Price Economist Predicts Inflation to Reach 2%
Blerina Uruci, chief US economist at T. Rowe Price, expresses confidence that inflation will decline to 2% without overly restrictive interest rates.
Market Performance
Live Changes %-0.12%Bitcoin
-0.71%Gold
-3.84%Silver
+3.45%Brent Oil
+0.23%US Dollar Index
-0.55%S&P 500
·Confidence 90%
EU Designates ChatGPT, Reddit, Roblox as Very Large Platforms
The EU has classified ChatGPT, Reddit, and Roblox as Very Large Platforms under the Digital Services Act, leading to heightened regulatory scrutiny and
·Confidence 75%
Middle East Oil Producers Increase Shipments Amid Threats
Middle East oil producers are enhancing strategies to boost shipments through the Strait of Hormuz, countering Iranian threats and increasing market supply.
·Confidence 80%
S&P 500 May Avoid September Decline Amid Key Trading Signals
As September approaches, key trading indicators suggest the S&P 500 might escape the typical losses associated with this historically volatile month.
·Confidence 90%
SEC and FDA Sign MOU to Enhance Market Integrity
The SEC and FDA have signed a memorandum of understanding to improve cooperation and uphold market integrity, signaling a commitment to regulatory
·Confidence 90%
North Korean Hackers Move $30 Million in Bitcoin on Hyperliquid
Recent blockchain data reveals North Korean hackers sold over $30 million in Bitcoin on Hyperliquid, raising concerns amid Trump's push for crypto onshoring.
·Confidence 80%
Poland Intercepts Russian Reconnaissance Plane Over Baltic Sea
Poland's interception of a Russian reconnaissance plane highlights increased military vigilance in the Baltic, potentially impacting regional security dynamics.
·Confidence 90%
Bitcoin Treasury Strategy Criticizes MSCI Exclusion Proposal
Bitcoin treasury Strategy has condemned MSCI's proposal to exclude it from global indexes, claiming it unfairly targets digital asset firms. Leaders express
·Confidence 80%
Robinhood Chain Surpasses Ethereum in Daily Revenue
The newly launched Arbitrum network generated $2.66 million in daily app revenue, ranking just behind Solana, driven by a successful memecoin launchpad.
·Confidence 75%
Guardian Audits Launches Vanguard Security Program with $1M Fund
Guardian Audits introduces the Vanguard security program, aimed at enhancing crypto project security and trust, backed by a $1 million audit fund.
·Confidence 90%
West Coast Community Bancorp to Uplist to Nasdaq
West Coast Community Bancorp is set to uplist from OTCQX to Nasdaq, marking a significant step for the bank in enhancing its market presence.
·Confidence 90%
U.S. Stocks Decline as Crude Oil Prices Rise
U.S. stocks ended lower on Monday, continuing Friday's decline, despite a recovery attempt. Crude oil prices surged, impacting market sentiment.
·Confidence 90%
iShares Aerospace & Defense ETF Crosses Below 200-Day Average
The iShares U.S. Aerospace & Defense ETF (ITA) fell below its 200-day moving average, trading down 1.7% to $227.63, signaling potential market shifts.
·Confidence 90%
Canadian Stocks Decline Amid U.S.-Iran Tensions and Fed Hikes
Canadian stocks fell on Monday, driven by escalating U.S.-Iran tensions and concerns over potential U.S. rate hikes, compounding Friday's losses.
·Confidence 90%
RSPD ETF Crosses Below Key 200-Day Moving Average
The Invesco S&P 500 Equal Weight Consumer Discretionary ETF, RSPD, fell below its 200-day moving average of $56.33, trading as low as $56.07.
·Confidence 90%
Ireland Excludes Crypto from New Tax-Advantaged Accounts
Ireland's new investment accounts will provide tax benefits for stocks and bonds but will exclude cryptocurrencies and derivatives due to their higher risk.
·Confidence 90%
JPMorgan Adopts Cautious View on US Stocks Following Fed Comments
JPMorgan expresses caution regarding US stocks due to market volatility risks linked to the Federal Reserve's ongoing inflation measures and rate expectations.
·Confidence 90%
Solana Validators Approve Doubling Disinflation Rate
Solana validators have approved a plan to double the disinflation rate, potentially increasing token value while impacting staking yields and validator
·Confidence 80%
Princeton Economist Highlights AI Risks for Central Bankers
At Jackson Hole, a Princeton economist cautioned central bankers about AI's potential to disrupt economic policy and the need for new regulatory frameworks.
·Confidence 80%
Solana Transaction Fees Surge Amid Inflation Cut Adjustments
Solana's transaction fees reach a record high as validators accelerate inflation cuts, resulting in reduced new supply of SOL in the market.