Senator Kennedy dismisses cryptocurrency’s role in US economy during affordability hearing

Louisiana Senator John Kennedy largely dismissed what he called the “promotion” of cryptocurrency by the Digital Chamber CEO Cody Carbone in a Senate hearing on affordability.

The US's AI-driven credit surge could risk global economic stability if AI investments falter, impacting equity valuations and growth. The post US economy accounts for over half of global credit impulse, driven by AI spending spree appeared first on Crypto Briefing.

The Fed's decision to maintain rates highlights confidence in economic resilience, but geopolitical tensions could still sway future monetary policy. The post Fed keeps rates steady as US economy grows despite Middle East tensions appeared first on Crypto Briefing.

Economic resilience and stable growth may boost risk appetite, potentially benefiting speculative investments like crypto amid Fed stability. The post JPMorgan’s Bob Michele says US economy is in good shape amid Fed deliberations appeared first on Crypto Briefing.

Stronger job growth and steady rates suggest prolonged Fed caution, impacting inflation control and potentially dampening risk asset appeal. The post US economy adds 172,000 jobs in May as Fed holds rates at 3.5%-3.75% appeared first on Crypto Briefing.

AI-driven capital expenditure may boost GDP and employment but risks inflation persistence and higher borrowing costs, challenging economic stability. The post Morgan Stanley questions whether AI has made the US economy less responsive to market forces appeared first on Crypto Briefing.

Morgan Stanley chief cross-asset strategist Serena Tang says the firm remains constructive on risk assets for the rest of 2026 despite growing uncertainty tied to geopolitics, energy prices and credit markets. In a new Thoughts on the Market podcast episode, Tang says the bank expects the US economy and corporate earnings to remain resilient, while artificial […] The post ‘Macro and Micro Fundamentals Support Risk Assets’: Morgan Stanley Strategist Favors Stocks Over Core Fixed Income appeared first on The Daily Hodl.

Rising energy costs due to geopolitical tensions strain low-income households, influence inflation, and impact monetary policy and markets. The post US economy faces $45B hit from wartime energy prices appeared first on Crypto Briefing.