Forecasting the upcoming week: US CPI and Warsh testimony to test the Dollar’s recovery

The post Marc Andreessen Takes Strategic Role in Federal Reserve’s AI Task Force appeared on BitcoinEthereumNews.com. Marc Andreessen, a co-founder of the investment powerhouse Andreessen Horowitz, is set to take a prominent position in a new task force established by the Federal Reserve. This initiative focuses on assessing artificial intelligence’s role in shaping productivity and job markets. Continue Reading:Marc Andreessen Takes Strategic Role in Federal Reserve’s AI Task Force Source: https://en.bitcoinhaber.net/marc-andreessen-takes-strategic-role-in-federal-reserves-ai-task-force

The post US Digital Dollar Ban Enacted Amid Housing Bill Dispute appeared on BitcoinEthereumNews.com. A US digital dollar ban just became one of the more unusual footnotes in American legislative history — buried inside a housing bill, signed by no one, and set to become law anyway. As of Friday night, the 21st Century ROAD to Housing Act takes effect automatically, carrying with it a four-year prohibition on the Federal Reserve issuing any form of central bank digital currency. Key takeaways A four-year ban on a U.S. CBDC is now embedded in the housing-affordability bill, blocking the Federal Reserve from issuing a digital dollar until the end of 2030. President Trump refused to sign the bill but did not veto it, so it becomes law automatically after a 10-day constitutional window. Republicans inserted the CBDC prohibition into unrelated housing legislation, not a standalone digital currency bill. The Federal Reserve had no active plans to issue a digital dollar before the ban, and ha

The post China is giving Manus to Tencent after blocking Meta’s attempted acquisition appeared on BitcoinEthereumNews.com. China is pushing Manus toward a new group of owners after telling Meta Platforms (NASDAQ: META) to reverse its $2 billion purchase of the AI agent startup. As per the Financial Times, Tencent Holdings (HKEX: 0700) will hold the maximum stake, but not more than 50 percent. It means that Manus will remain an independent entity and will continue its operations from Singapore instead of becoming a part of Tencent. The new deal would keep the same $2 billion valuation used when Meta bought Manus in December 2025. Former investors such as Tencent, ZhenFund, and HSG are taking part in the talks, along with Manus executives. Other investors could still join before an agreement is reached. China forces investors to rebuild Manus after Meta separates the business Beijing ordered Meta to reverse the purchase in April 2026, saying the deal broke local investment rules. Manus c

The post Singapore: Resilient GDP and strong NODX – DBS appeared on BitcoinEthereumNews.com. DBS economists Radhika Rao and Mo Ji forecast Singapore’s advance 2Q26 Gross Domestic Product (GDP) growth at 5.8% year-on-year and 1.5% quarter-on-quarter seasonally adjusted, slightly below 1Q26 but still resilient. They cite strong manufacturing and wholesale trade on AI-related electronics demand, robust modern services and construction, and expect non-oil domestic exports to post a fourth consecutive month of double-digit growth despite a slowdown from May. AI demand underpins growth outlook “We expect Singapore’s advance GDP growth estimate for 2Q26 to register 5.8% yoy, 1.5% qoq sa, remaining resilient compared with 6.0% yoy, 1.0% qoq sa in 1Q26.” “Manufacturing accelerated, while wholesale trade performed well despite some moderation, driven by robust global demand for artificial intelligence (AI)-related electronics.” “Modern services remained resilient, supported by continued momentum

Reversing rate cuts could destabilize markets, increase borrowing costs, and pressure non-yielding assets like cryptocurrencies globally. The post Expert warns Federal Reserve may reverse rate cuts that stabilized economy appeared first on Crypto Briefing.

The post Gold price slips as Trump says Iran ceasefire is over appeared on BitcoinEthereumNews.com. Gold (XAU/USD) price retreats on Friday during the North American session, pressured by US President Donald Trump’s comments allowing the resumption of US-Iran talks, but reiterating that the ceasefire is “over.” The XAU/USD pair trades at around $4,103, down 0.48%. XAU/USD falls as renewed war risks lift yields and Dollar The yellow metal seems poised to end the week down 0.51%, driven by the escalation of the conflict. The Greenback erased its earlier losses, as the US Dollar Index (DXY), which measures the buck’s value against six currencies, holds firm at 100.94, unchanged. In his Truth Social account, President Trump posted, “The Islamic Republic of Iran has asked us to continue ‘talks.’ We have agreed to do so, but the United States has stated to them, in no uncertain terms, that the Cease Fire is OVER! Thank you for your attention to this matter. President DONALD J. TRUMP.” After

The post Bitcoin price prediction July 2026: Fed decides appeared on BitcoinEthereumNews.com. Bitcoin closed the worst half-year in its recent history near $60,000, down from $93,000 in January and fresh off a 21-month low, and almost none of the damage came from crypto itself. The Federal Reserve and record ETF outflows did it, and the same two forces meet again at the July 28-29 policy meeting that will likely decide whether the bottom is in or another leg waits below. These are the levels, the scenarios, and the honest case on both sides. Summary Bitcoin enters July near $60,000, with the July 28–29 Fed meeting expected to determine whether the recent sell-off extends or a recovery begins. The main risks remain hawkish Fed policy and continued spot Bitcoin ETF outflows, while whale accumulation and an oversold market provide the strongest bullish arguments. Key levels to watch are $58,000 support and $63,800 resistance; a sustained return of ETF inflows could signal that a broader r

Bitcoin closed the worst half-year in its recent history near $60,000, down from $93,000 in January and fresh off a 21-month low, and almost none of the damage came from crypto itself. The Federal Reserve and record ETF outflows did…