The US stock market and global crypto market are facing renewed selling pressure ahead of today’s US CPI inflation data release. JPMorgan, Morgan Stanley, Citigroup, and other Wall Street giants anticipate a hotter-than-expected CPI print, raising the risks of a Fed rate hike and selloffs in Bitcoin, Ethereum (ETH), and XRP. Ad Ad US CPI
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Non-USD Stablecoins:– Without a doubt, stablecoins are on a roll. With more than $300 billion in circulating supply, stablecoins are now being accepted, even by Tradfi, as one of the industry’s most successful payment innovations. From cross-border transfers to merchant payments and remittances, stablecoins are increasingly becoming the backbone of digital payments. However, a new
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The chances of approval for the CLARITY Act in the Senate dipped below 50% on Wednesday. The dip comes amid increasingly tough negotiations over ethics provisions among policymakers. With a White House meeting underway, the bill is facing increased scrutiny. Ad Ad CLARITY Act Odds Continue To Decline Polymarket data revealed that the CLARITY Act
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Prediction market Kalshi announced on Wednesday that XRP perpetuals are now live for trading. This comes after the CFTC-regulated prediction market successfully launched Bitcoin and Ethereum perpetuals trading for users in the United States. Ad Ad XRP Perpetuals Trading Goes Live on Kalshi Kalshi has launched XRP perpetual futures trading after sucessfully approval from the
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The U.S. Federal Reserve’s first FOMC meeting under new Fed Chair Kevin Warsh is coming up later this month on June 17. Wall Street analysts are becoming more optimistic that the Fed will hold rates at their current level for the rest of 2026. Ad Ad Wall Street Expectations Around June 16-17 FOMC Meeting In
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Cardano (ADA) price has made three green candles for the last three straight days as it bounces from a six-year low of $0.148 to trade at $0.167 today, June 9. The 12% rise seen since June 6 comes barely two weeks before Cardano releases the public testnet for the Leios upgrade on June 23, an
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Ripple partner SBI Holdings is introducing a new crypto rewards program via its SBI Shinsei Bank. It seeks to offer clients with Bitcoin, Ethereum, and XRP incentives. Ad Ad Ripple Affiliate SBI To Offer BTC, ETH, XRP Yield On Deposits The service is slated to be launched this fall, which is sometime between September and
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