The sharp crypto sell-off followed July’s PPI inflation report and U.S. Treasury Secretary Scott Bessent’s statement ruling out more Bitcoin Reserve purchases.
According to CME Group’s FedWatch tool, 100% of traders have priced in at least a 25 basis point rate cut in the U.S. central bank’s next policy meeting.
The gains followed U.S. Treasury Secretary Scott Bessent’s suggestion that the Federal Reserve should weigh a 50 basis-point rate cut in September on Tuesday evening.
Personal finance expert Dave Ramsey recently shared an intriguing story about a friend who bought thousands worth of cryptocurrency solely to irritate him.
Space tourists can now use cryptocurrency to book their extraterrestrial trips on Blue Origin’s New Shepard, thanks to a partnership with Payment processing company Shift4 Payments, Inc. (NYSE:FOUR) announced on Monday.
The company now plans to raise as much as $990 million by selling 30 million shares at $32 to $33 each, up from its earlier plan to sell 20.3 million shares at $28 to $31 apiece.
World Liberty Financial, the Trump family’s crypto venture, is reportedly preparing to launch a publicly traded treasury company that will hold the family’s WLFI token and cash.
