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Fed may cut rates this year amid inflation concerns tied to Trump
Fed may cut rates this year amid inflation concerns tied to Trump

Share link:In this post: Morgan Stanley anticipates an interest rate cut before the end of summer. US inflation has slightly cooled down to 2.6%, as per PCE data. Meanwhile, sixteen economists warn of risks to the economy if Trump is re-elected.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional bef

Cryptopolitan·2024/06/29 09:43
SEC returns S-1 forms to Ethereum ETF issuers, with at least one more round to go: Source
SEC returns S-1 forms to Ethereum ETF issuers, with at least one more round to go: Source

The SEC has returned the S-1 forms to prospective Ethereum ETF issuers with light comments, asking them to fix the issues and refile.There will need to go through at least one more round before they go effective, a source says.

The Block·2024/06/29 08:19
Would XRP Price Reach $10 if Ripple Won Against the SEC This Year? (ChatGPT Speculates)
Would XRP Price Reach $10 if Ripple Won Against the SEC This Year? (ChatGPT Speculates)

Will XRP’s price reach $10 if Ripple manages to win the case against the SEC this year?

Cryptopotato·2024/06/29 08:01
Bitcoin Slides Toward $60K as Altcoins Bleed Out (Weekend Watch)
Bitcoin Slides Toward $60K as Altcoins Bleed Out (Weekend Watch)

The cryptocurrency market is bleeding out today with multiple coins charting relatively low declines across the board.

Cryptopotato·2024/06/29 08:01
Layer3 Foundation: Introducing $L3
Layer3 Foundation: Introducing $L3

Layer3 Foundation·2024/06/29 07:13
Flash
14:43
EF researcher Justin Drake: Vitalik will join the Strawmap architecture team, and Ethereum block rewards will further decrease
Foresight News reported that Ethereum Foundation researcher Justin Drake posted on Twitter about several recent developments, including: Justin Drake has agreed to provide pro bono consulting for a potential $100 million Ethereum public goods fund, with further details to be announced soon. In addition, a team of five people, including Vitalik and Justin Drake himself, will join the architecture team for the Strawmap roadmap draft. Finally, an EIP aimed at reducing Ethereum block rewards will soon be released. This EIP will ultimately lower the Ethereum block reward to 0.25 ETH, and block rewards will no longer be issued when the amount of Ethereum staked exceeds 50% of the total supply.
14:43
US Stock Movement: Carnival Cruise drops over 10% as adjusted Q3 profit guidance falls short of expectations
Glonghui, June 23 — Carnival Cruise (CCL.US) once fell by more than 10%, hitting a low of $27; currently, the decline has narrowed to about 6.5%. According to reports, Carnival Cruise predicts that profit in the third quarter will be lower than expected, as the ongoing impact of rising fuel prices under geopolitical tensions continues to drag on the cruise operator’s profit margin. The company expects adjusted earnings per share for the quarter to be about $1.35, below analysts’ expectations of $1.42. (Glonghui)
14:40
Vitalik Buterin: Ethereum Foundation cuts budget by 40% and shifts to a long-term donation model
Vitalik Buterin revealed that the Ethereum Foundation (EF) will reduce its budget by about 40% this year, and transition from the model of spending approximately 15% of its remaining funds each year to spending around 5% annually after 2030, shifting towards becoming a long-term oriented grant-making organization.
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