Crypto wasn't even mentioned during Tuesday's U.S. presidential debate between former President Donald Trump and Vice President Kamala Harris. But there was a parallel univers...
Brazil Finance Chief Says Severe Weather Risks Fanning Inflation
(Bloomberg) -- Brazil Finance Minister Fernando Haddad said the government is worried a resurgence in extreme weather will spur inflation as central bankers are expected to lift the interest rate starting next week.Most Read from BloombergHow Americans Voted Their Way Into a Housing CrisisAfter a Record Hot Summer, Pressure Grows for A/C MandatesFor Tenants, AI-Powered Screening Can Be a New Barrier to HousingChicago Halts Hiring as Deficit Tops $1 Billion Through 2025UC Berkeley Gives Transfer
Goldman’s Solomon Sees Case for Half-Point Fed Rate Cut as Jobs Soften
(Bloomberg) -- Goldman Sachs Group Inc. Chief Executive Officer David Solomon said there’s still a chance that the Federal Reserve could opt for a bigger rate cut than expected because of emerging signs of weakness in the employment market.Most Read from BloombergHow Americans Voted Their Way Into a Housing CrisisAfter a Record Hot Summer, Pressure Grows for A/C MandatesFor Tenants, AI-Powered Screening Can Be a New Barrier to HousingChicago Halts Hiring as Deficit Tops $1 Billion Through 2025UC
CPI: Car prices down again in August, with used vehicles down over 20% from recent highs
Car prices kept sliding in August — among the most of any major category in the Consumer Price Index (CPI) over the last year — as vehicle prices move towards pre-pandemic levels.
UK Introduces Bill to Clarify Crypto's Legal Status
The Labour government said the bill will give owners of bitcoin and other digital assets greater legal protection.
That Debate! How Crypto Reacted to Last Night's Showdown
Harris and Trump may not have mentioned crypto. But crypto folk had plenty to say about Tuesday night's presidential debate.
The latest inflation report keeps the Fed on track for a quarter-point rate cut. Wall Street isn't satisfied.
The paltry CPI report means the Fed will likely only cut interest rates by a quarter percentage point. Wall Street, for whatever reason, isn't cheery.
Coinbase Wrapped Bitcoin Sparks Pushback from Justin Sun
Coinbase's launch of its wrapped Bitcoin product, cbBTC, has ignited a fierce debate within the industry, with Tron (TRON) founder Justin Sun lambasting the new offering, calling it a "dark day for BTC" and warning of significant risks to decentralized finance. Speaking with Decrypt, however, a Coinbase spokesperson stood firm on the product's security and reliability. The cbBTC token is available on Ethereum and Coinbase's Base network and can be used in various DeFi platforms. "cbBTC lacks P...
‘Hamster Kombat’ Will Give Out Billions of Tokens via Binance in Telegram Game Airdrop
Popular Telegram tap-to-earn game Hamster Kombat is set to launch its HMSTR token on The Open Network (TON) later this month alongside an airdrop to its many millions of players. On Thursday, the developers announced plans to drop billions of tokens to Binance customers, as well, through a Launchpool rewards campaign. The HMSTR token will have a total supply of 100 billion tokens, the anonymous Hamster Kombat team revealed Thursday as part of the announcement—and 3 billion of those tokens have b...
Solana’s Pump.Fun Has Launched Millions of Tokens—Fewer Than 100 Are Worth Much at All
Solana meme coin factory Pump.fun has failed to keep more than 100 tokens above the $1 million market cap milestone. This comes as the protocol starts to fall out of favor after its summer-time high. A total of 89 Pump.fun coins are currently above a market cap of $1 million, according to Pump.fun. This means just 0.0045% of the near 2 million tokens are sitting above $1 million. That said, over the past 24 hours, only 1.5% of tokens launched have “graduated” to Solana decentralized exchange Ra...