2021-6-25 19:13 |
Data on Friday showed core personal consumption expenditure in the US surged to 3.42% year-over-year for the first time since 1991.
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Oil and Bitcoin rebounded in tandem after falling to record lows earlier this week. International benchmark Brent crude surged more than 11 percent to $37. 13 per barrel after its most significant fall since the 1991 Gulf War on Monday.
2020-3-10 17:58 | |
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Stagflationary U.S. economic data and hawkish remarks from a Fed speaker appeared to sour the bullish mood.
Bitcoin's price has surpassed $65,000 after the cryptocurrency dropped below $57,000 last week.
Custodia Bank has filed a notice of appeal on April 26, challenging a lower court's decision from March denying its attempt to officially join the U.S. banking system.
Custodia, a Wyoming-based aspiring crypto bank, filed a notice of appeal against a court ruling that affirmed the Federal Reserve's rejection of its bid for a master account and membership.
The hawkish shift in the market sentiment could dampen the demand for risk assets, including cryptocurrencies and technology stocks.
The world's largest crypto regained the $69,000 level at one point in the session before slipping a bit.
Custodia Bank’s plea for a Federal Reserve master account was rejected. Here's why.