Crypto Briefing·
Weaker jobs data may delay Fed rate hikes, boosting equities but creating uncertainty in bond and crypto markets due to inflation concerns. The post Dow, S&P 500, and Nasdaq open higher as weak jobs data eases rate worries appeared first on Crypto Briefing.
Read full articleWeak job growth and declining labor participation may pressure the Fed to balance inflation control with economic support, impacting policy decisions. The post Weak jobs data could renew Fed debate over labor market conditions appeared first on Crypto Briefing.
K Wave Media sells its final 88 BTC to repay $6M debt, ending its Bitcoin treasury plan after targeting 10,000 BTC. K Wave Media, a Nasdaq-listed Korean media and entertainment company, has exited its Bitcoin treasury strategy after selling its remaining holdings to repay debt. The company sold 88 BTC and used the proceeds to […] The post Korean Firm Exits Bitcoin Treasury Strategy After Bold 10,000 BTC Plan appeared first on Live Bitcoin News.
IQM's NASDAQ debut highlights the volatility and challenges faced by tech firms in public markets, emphasizing the need for strategic growth. The post IQM shares slip on first day of trading after NASDAQ debut appeared first on Crypto Briefing.
June payroll softness pushed spot gold near $4,068 as traders eyed a mid-60% chance of a September Fed hike. Weak jobs could cut real yields and ease Q3 pressure.
Powell's decision to stay on the Fed board limits the administration's influence, highlighting tensions between political agendas and Fed independence. The post Kevin Hassett criticizes Jerome Powell for blocking new Fed pick by staying on the board appeared first on Crypto Briefing.
The decline in durable goods orders may prompt the Fed to consider rate cuts, potentially boosting risk assets if economic data weakens further. The post US durable goods orders fall 4.5% in May as transportation sector leads decline appeared first on Crypto Briefing.
The Fed's patient rate approach may stabilize bond markets, but future economic data could prompt policy shifts impacting market expectations. The post June jobs report supports Fed’s patient rate approach, says BlackRock’s Rosenberg appeared first on Crypto Briefing.
Meta shares jumped 8.8% after reports of a 'Meta Compute' cloud selling excess AI capacity, as chip stocks shed $1.3T in a rout. Can resale economics hold?
