President Donald Trump said officials from the United States and Russia would meet in Munich on Friday, with Ukraine also invited.
Mr. Waller, the Fed governor, said US regulators should deal directly with the risks of stablecoins, which would benefit from regulation and could expand the global role of the dollar by allowing banks and non-banks to issue them.
Federal Reserve Chairperson Jerome Powell said he would not resign even if President Donald Trump asked for it.
JPMorgan chief operating officer Pinto said the US economy was in good shape but inflation was not as high as it should be and the deficit was too high, warning that inflation and geopolitical factors could undermine the current bullish market sentiment.
The White House said President Joe Biden's administration is in contact with the South Korean government and is closely monitoring the situation.
The White House says U.S. President Joe Biden will hold an early vote in the general election on Monday.
According to sources, the United States will take advantage of relatively low oil prices to seek to replenish 6 million barrels of reserves.
The US economy is in good shape, with cooler jobs data in recent months indicating a soft landing rather than a recession, according to Treasury secretary Janet Yellen, who said there had been no major job cuts and a "deep recovery".
The Federal Reserve's Bostic said that the U.S. economy is expected to normalize in the coming months; interest rate cuts are coming, and we hope to see more data; recent inflation data has strengthened confidence that inflation will return to 2%; if the economy develops as expected, we will cut interest rates before the end of the year; we are at an inflection point where inflation is close to our target; we do not want the labor market to turn from hot to cold; and a recession is not within hi...
Bitwise Chief Investment Officer Matt Hougan said that the US Spot Ethereum ETF will have a difficult start after listing, but the impact on the asset's price is likely to be greater than the impact of the Spot Bitcoin ETF on BTC, and the Spot Ethereum ETF will have a greater impact on the ETH price for three reasons: 1. The multitude of Ethereum use cases has resulted in Ethereum's inflation rate actually approaching zero, as the amount of new ETH generated each day is relatively small compared...
Citi (C) said in a research note last week that net inflows into U.S. spot Ethereum ETFs are likely to be only 30% to 35% of the spot Bitcoin equivalent, with the distribution skewed to the downside. This level implies a net inflow of $4.70 billion to $5.40 billion over a six-month period, the report said. In addition, the bank said the beta value of inflows and Ethereum returns relative to such funds may be lower than the analysis.
Matt Hougan, chief information officer at Bitwise, said the U.S. spot Ethereum ETF could attract net inflows worth $15 billion in the first 18 months after listing. Hougan compared the relative market capitalization of Ethereum to Bitcoin, and he expects investors to allocate by the market capitalization of the Bitcoin spot ETF and the Ethereum spot ETF ($1.20 trillion and $405 billion). This would give about 75% weighting to the Bitcoin spot ETF and about 25% weighting to the Ethereum spot ETF....