By Hyunjoo Jin and Alexandra Ulmer (Reuters) -Elon Musk, the billionaire CEO of Tesla (NASDAQ:), publicly endorsed Donald Trump for the first time in the U.S. presidential race, calling the… Read more »
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Annual inflation in the U.S. dropped to its lowest level in more than three years last month, increasing the odds of a September interest rate cut that would bring relief to mortgage markets. In the 12 months through June, the consumer price index rose 3%, according to data released by the Department of Labor on
By Sinéad Carew and Naomi Rovnick NEW YORK/LONDON (Reuters) -The dollar fell sharply against the yen for the second straight day, raising questions as to whether Japan was intervening, while… Read more »
Bitcoin’s price headed south on Friday evening as it popped above $58,000 and has remained there since. The altcoins have also turned green, with XRP, ADA, DOT, BCH, and NEAR… Read more »
Even with several high-profile collapses and de-pegging events in recent years, stablecoins have continued to capture market share from fiat, reflecting strong demand increasingly. Although the stablecoin market is still… Read more »
Germany’s on-chain Bitcoin wallet balance has officially reached zero, according to Arkham Intelligence, meaning sell pressure from the European economic powerhouse is likely at or near its end. The wallet’s… Read more »