Federal Reserve Flags Inflation Risks After June Rate Hold

The post Paradigm Raises $1.2B for Fourth Fund in AI Push appeared on BitcoinEthereumNews.com. Paradigm has raised $1.2 billion for its fourth fund, which will expand the crypto venture capital firm’s investments into artificial intelligence and related technologies. The company said on Wednesday that its latest fund will invest “first in crypto, and now across AI, robotics and other frontiers.” “We continue investing in crypto and the reinvention of markets and the financial system,” Paradigm added, highlighting its investments in the crypto perpetuals exchange Hyperliquid and the prediction markets platform Kalshi. Paradigm launched in 2018 and has raised more than $4 billion for three funds focused on crypto. Its interest in AI follows a trend of originally crypto-focused companies that have been lured to the lucrative and fast-growing sector. Source: Matt Huang The Wall Street Journal reported in February that Paradigm was seeking to raise $1.5 billion for a new fund that would inv

The post China’s CPI inflation falls to 1.0% YoY in June, vs 1.1% expected appeared on BitcoinEthereumNews.com. China’s Consumer Price Index (CPI) climbed 1.0% in June from a year ago after arriving at a rise of 1.2% in May, the National Bureau of Statistics of China reported on Thursday. The market consensus was for 1.1% in the reported period. Chinese CPI inflation arrived at -0.3% MoM in June versus a decline of 0.1% prior, softer than the expectation of a 0.2% fall. China’s Producer Price Index (PPI) rose 4.1% YoY in June, following a 3.9% increase in May. The data came in line with the market consensus. Market reaction to China’s CPI, PPI data The China-proxy Australian Dollar (AUD) edges slightly lower following the China’s CPI and PPI data. At the press time, the AUD/USD pair is down 0.01% on the day to trade at 0.6927. Australian Dollar FAQs One of the most significant factors for the Australian Dollar (AUD) is the level of interest rates set by the Reserve Bank of Australia (R

The post China Producer Price Index (YoY) meets expectations (4.1%) in June appeared on BitcoinEthereumNews.com. Gold trades with a mild negative bias in the Asian session on Thursday, fading the overnight bounce from $4,020, or a one-week low. Minutes of the June FOMC meeting showed an evenly divided debate over the monetary policy outlook and failed to impress the US Dollar bulls, which is supporting Gold. However, fresh US-Iran tensions drive Oil higher, reviving inflation concerns and limiting the USD’s downside and the bullion’s rebound. Source: https://www.fxstreet.com/news/china-producer-price-index-yoy-meets-expectations-41-in-june-202607090130

The post British Pound strengthens to near 1.3400 as UK political risk fades appeared on BitcoinEthereumNews.com. The GBP/USD pair gathers strength near 1.3395 during the Asian trading hours on Thursday, bolstered by fading domestic political uncertainty. However, hawkish minutes from the Federal Reserve (Fed) and renewed tensions between the US and Iran might support the US Dollar (USD) and cap the upside for the major pair. Following the resignation of Keir Starmer in late June, UK political risk has eased significantly, lifting the Cable. The formal race to replace outgoing Prime Minister Keir Starmer begins on July 9. Frontrunner Andy Burnham is widely expected to become Prime Minister by July 20. The release of minutes from the Fed’s June meeting, which was Chairman Kevin Warsh’s first, reflected a divided central bank not sure how to proceed on rates without more information on inflation. The minutes said that “many participants indicated that the appropriate level of the federal

The post Fed May Buy Equity ETFs To Support US Stocks, Analyst Says appeared on BitcoinEthereumNews.com. Crypto markets could benefit from increased liquidity if the US central bank steps in to support the $75 trillion equity market in a bear market, as it is “too big and too important to fail,” according to analysts. The US equity market has grown by 68% over the past five years and has added roughly $6 trillion in market value so far this year. However, analysts and experts, such as goldbug Peter Schiff, have warned that years of rapid growth could be setting up the market for a major correction. Such a correction could see the Fed “break decades of precedent” and buy equity ETFs to support the stock market, Balchunas said on Tuesday, while other analysts said the resulting move to increase liquidity could set up an environment for cryptocurrencies to benefit. “Once the Fed steps in, rate cuts, balance-sheet expansion, even targeted ETF purchases, crypto has historically entered a me

Rising interest rates in South Korea could dampen crypto enthusiasm, as higher returns on traditional savings reduce the appeal of volatile assets. The post Bank of Korea signals rate hikes as inflation overshoots, and Korea’s massive crypto market should pay attention appeared first on Crypto Briefing.

Heightened geopolitical tensions can trigger volatility in crypto markets, impacting investor sentiment and causing temporary market disruptions. The post US military strikes railway bridges in northern Iran, rattling crypto markets already on edge appeared first on Crypto Briefing.

The post Legal AI Governance: Four Steps to Strengthen Oversight appeared on BitcoinEthereumNews.com. Zach Anderson Jul 08, 2026 13:36 Explore how law firms can assess AI governance maturity across access control, collaboration, oversight, and adoption visibility. As artificial intelligence (AI) adoption accelerates within legal organizations, the focus is shifting from drafting governance principles to operationalizing them. With regulatory environments tightening and client scrutiny increasing, law firms must ensure their AI governance frameworks are effective and demonstrable. Harvey.ai’s latest guide outlines four critical areas where firms can evaluate governance maturity: access control, collaboration management, auditability, and adoption visibility. AI governance has become a pressing priority in 2026, driven by expanding regulatory frameworks like the EU AI Act, which enforces new compliance obligations starting August 2, 2026, for high-risk systems. In the U