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Fed chair Powell says pre-shutdown data shows U.S. economy running hotter than expected
Federal Reserve Chair Jerome Powell said Tuesday that early government data before the recent shutdown showed the U.S. economy running hotter than policymakers expected, warning that growth remains firm even as the central bank inches toward ending its balance-sheet reductions and considers more rate cuts. Speaking in Philadelphia at the National Association for Business Economics […]Cryptopolitan
Tue, Oct 14
China sanctiones five U.S. subsidiaries of Hanwha Ocean for aiding U.S. probes into its shipping sector
China hit back Tuesday by sanctioning five U.S.-based subsidiaries of South Korea’s Hanwha Ocean, sending shares of the shipbuilder tumbling over 8% in Seoul. The Chinese government said the action was triggered by Hanwha’s alleged support for U.S. investigations into China’s maritime and shipbuilding sectors. The blacklisted firms are Hanwha Shipping LLC, Hanwha Philly Shipyard […]Cryptopolitan
Tue, Oct 14
Super Micro stock fell 3% after it launched a new one-stop data center construction service called Data Center Building Block Solutions
Super Micro Computer Inc. (SMCI) stock fell by 3% on Monday, after the company revealed a new business unit that will let clients build entire data centers using only one vendor. Super Micro told reporters that this new service, called Data Center Building Block Solutions, will handle everything (GPUs, servers, cooling, networking, and power systems) […]Cryptopolitan
Tue, Oct 14
BNB Faces Sharp 10% Pullback After Record High: Is There a Deeper Correction Ahead?
After a blistering run to fresh all-time highs, Binance Coin (BNB) has seen a significant drop. Following a push to roughly $1,370–$1,376, BNB slid about 10% in the past 24 hours, making it one of the biggest decliners on the day as traders reassess risk and profits come off the table. Related Readi...NewsBTC
Tue, Oct 14
Navigating the Crypto Market Chaos with Bitcoin (BTC) and Mutuum Finance (MUTM)
The crypto market is once again in a bumpy phase, with heightened tensions around the world, shifting sentiments amongst investors, and volatile price swings testing even the safest investors. Bitcoin (BTC) remains the rock of stability amidst chaos, a store of value that is still informing market dominance and institutional focus. But with investors gearing […]Cryptopolitan
Tue, Oct 14
The IMF is seeing a dot-com repeat in today’s AI boom
The International Monetary Fund (IMF) has warned that the massive investment boom in AI shares parallels the dot-com bubble experienced in the late 1990s and could potentially burst. However, its collapse is not likely to trigger a financial crisis, according to the IMF’s remarks on Tuesday. The IMF has highlighted similarities between the two periods, […]Cryptopolitan
Tue, Oct 14
Während BlackRock Geldanlagen tokenisiert, wird PepeNode das Mining revolutionieren!
BlackRock entwickelt Technologie, um Geldanlagen digital abzubilden. CEO Larry Fink will damit Investieren günstiger und fairer machen. Tokenisierung könnte die Finanzwelt dauerhaft verändern und vielen neue Chancen bieten. BlackRock, der größte Vermögensverwalter der Welt, möchte die Finanzwelt umk...Bitcoinist
Tue, Oct 14
Solana Spot ETF’s Review Stuck In Limbo? US Government Shutdown Puts Progress On Hold
The race for crypto ETFs, especially the Solana Spot Exchange-Traded Funds (ETFs), remains a significant and crucial discussion among crypto enthusiasts in the sector. While many analysts believe that approval of the funds could spark a new wave of bullish action in the market, the products continue...Bitcoinist
Tue, Oct 14
Broadcom intensifies rivalry with Nvidia following the launch of its Thor Ultra chip
The competition between Nvidia Corp. and Broadcom Inc. has intensified with Broadcom’s recent launch of its Thor Ultra chip. Broadcom’s newly presented high-performance chip enables companies to build their own AI infrastructure. The Thor Ultra chip allows operators of data centers and AI infrastructure to use significantly more processors than previous generations, enabling the development […]Cryptopolitan
Tue, Oct 14
Pattern That Led To Dogecoin Price 36,000% Surge In 2021 Has Emerged Again, Will History Repeat?
Dogecoin just endured a sharp weekend drawdown, slipping back below the $0.20s after failing to extend its early October rebound. This decline was enough to wipe out many weeks of steady gains and shake retail sentiment. However, amid the volatility, the monthly chart is still bullish. Despite the w...NewsBTC
Tue, Oct 14
US gov't seizes $15 billion BTC, largest cryptocurrency forfeiture in history by DOJ
The U.S. Department of Justice (DOJ) made the largest cryptocurrency forfeiture in the department’s history earlier today after it announced seizing roughly $15 billion worth of Bitcoin from a criminal network running forced-labor cyber-fraud operations from Cambodia. The network is allegedly controlled by Chen Zhi, also known as “Prince Chen” or “Vincent,” the chairman of […]Cryptopolitan
Tue, Oct 14
Chart Whisperer Says XRP Shows A ‘Purer’ Market Structure – Details
Veteran chartist Peter Brandt has shifted his view on XRP, moving from a short-lived bearish stance to a more positive outlook as the token tries to recover from a sharp market drop. Related Reading: Bitcoin Whale Breaks 13-Year Silence, Moves $33 Million To Exchange According to recent reports, XRP...NewsBTC
Tue, Oct 14
Shiba Inu (SHIB) and Mutuum Finance (MUTM) Price Prediction: MUTM Named Best Crypto to Invest in with 100x Potential
Shiba Inu (SHIB) is still one of the most identifiable meme coins in the crypto scene, yet price gains have lost steam as investors look for assets with more robust fundamentals and sustainable growth. With little utility and growing competition throughout the meme coin segment, the upside on SHIB looks capped compared to rising DeFi […]Cryptopolitan
Tue, Oct 14
Dogecoin Price Maintains Higher Lows, Why A 200% Run Is Still Possible
A new Dogecoin price analysis by crypto analyst Javon Marks shows that Dogecoin is still moving upward. The coin continues to make higher lows, which means each dip in price is not falling as low as before. This pattern is often a strong sign that an uptrend is still in place. Marks explains that ev...Bitcoinist
Tue, Oct 14
Tether Resolves Celsius Lawsuit With Major $300 Million Settlement Deal
The Blockchain Recovery Investment Consortium (BRIC), a partnership between GXD Labs and VanEck, announced on Tuesday a significant development in Celsius’ bankruptcy case. Tether (USDT) has agreed to pay a major amount to the crypto lender’s bankruptcy estate following an adversary proceeding that ...NewsBTC
Tue, Oct 14
