According to 4E monitoring, affected by weak economic data and Trump's tariff policy, U.S. stocks fell sharply last week, with the three major indexes closing down collectively. The Dow fell 2.37%; the S & P 500 fell about 3.1%, its worst weekly performance since September last year. The Nasdaq fell 3.41%, falling for three consecutive weeks, falling more than 10% from its recent high.
U.S. short-term interest rate futures continue to bet that the Federal Reserve will cut rates in June and predict a total of three rate cuts in 2025, after Powell said the central bank did not need to rush into action.
U.S. short-term interest rate futures continue to bet that the Federal Reserve will cut rates in June and predict a total of three rate cuts in 2025, after Powell said the central bank did not need to rush into action.
We will watch the progress of any future bitcoin acquisitions. The first thing to do is to stop governments from selling bitcoin, said U.S. Treasury Secretary Vincent.
VanEck Digital Assets Chief Research Officer Matthew Sigel posted a disclosure that Florida Republican Representative and gubernatorial candidate Byron Donalds pledged support for the inclusion of bitcoin in state reserves on Fox News. Donalds volunteered without being asked: "Digital assets have found a home in Miami-Dade County. We hope to continue to grow on this framework. For the state's portfolio, I hope to be able to include bitcoin as part of the state's fiscal portfolio."...
The FOMC's permanent voting committee and New York Federal Reserve President Williams will speak in ten minutes.
Traders are pricing in a more than 50% chance that the Federal Reserve will cut interest rates in May.
According to Bitcoin Magazine, South Dakota's Bitcoin Reserve Act will be heard today by the State Commerce and Energy Commission.
Bybit posted that ETH reserves are close to 100% and deposits and withdrawals are back to normal. We know where the money is going and are committed to turning this experience into an opportunity to strengthen the ecosystem. Steps are being taken to help the crypto space grow.
The Federal Reserve is being forced to adopt a neutral stance, and there may be no opportunity to cut interest rates at all in the future... Click to view...
According to the CME "Fed Watch", the probability of the Fed keeping interest rates unchanged in March is 94%, and the probability of cutting interest rates by 25 basis points is 6%. The probability of keeping current interest rates unchanged in May is 67.8%, the probability of a cumulative 25 basis point cut is 30.5%, and the probability of a cumulative 50 basis point cut is 1.7%. (Jin Ten)
There is a view that Musk's request for an audit of the country's gold reserves may be a prelude to a revaluation. Click to view...
"Today's hack was massive and hit the industry hard," said Hacken, Bybit's partner Web3 auditor, in a Proof of Reserve update. "But Bybit's reserves still exceed its liabilities. As its independent Proof of Reserve (PoR) auditor, we have confirmed that user funds are still fully backed. This means Bybit has sufficient reserves to cover all user assets, solvency remains unchanged, and security and transparency remain top priorities." Then Bybit CEO Ben replied, "Hacken...
Federal Reserve Vice Chairperson Jefferson will speak on "central bank communications" in ten minutes.