Binance added its Monitoring Tag to ACX, LSK, and STX on July 24. The Monitoring Tag flags high volatility and warns tokens risk future delisting. LSK sank to a record low near $0.074 after the announcement. Binance added Across Protocol (ACX), Lisk (LSK), and Stacks (STX) to its Monitoring Tag on July 24, signaling all…
Read more
US jobless claims fell to 187,000, the lowest weekly reading since September 1969. CME FedWatch puts hike odds at 33.7%, up from 11.8% a week earlier. Rate hikes, if they come, could pressure Bitcoin and other risk assets. US initial claims for state jobless benefits dropped by 22,000 to 187,000 for the week ending July…
Read more
Ripple launched Ripple Mint, a console for minting and redeeming RLUSD. Ripple invested in Notabene to add compliance checks to RLUSD payments. RLUSD now spans five chains as XRP trades near $1.11. Ripple has launched Ripple Mint, a platform that lets institutions mint, redeem, and manage Ripple USD (RLUSD) through one console. The company also…
Read more
Strategy, Metaplanet, and Coinbase all test their most important support levels. MSTR trades near $100, Metaplanet defends ¥200, and COIN holds $150. Failed rebounds confirmed resistance at $170, ¥600, and $200 for the three stocks. Three of the largest crypto treasury stocks are testing their most important long-term support levels at the same time. Strategy…
Read more
The Fed’s June minutes show a split vote on raising interest rates. Nine of 19 officials expect one rate hike before the end of 2026. Bitcoin traded near $62,200, down 2.8%, after the hawkish minutes release. The Federal Reserve released minutes from its June 16-17 meeting on July 8, showing a divided committee that unanimously…
Read more
Hawkish Fed minutes flag inflation risks, hint at hikes, and pressure crypto Long liquidations run nearly three times shorts, exposing crowded bullish bets Lighter falls 6% but whale activity keeps a bull flag alive 1. Hawkish Fed Minutes Rattle Risk Assets Minutes from the Fed’s June meeting, released yesterday, showed all officials backed a rate…
Read more
The IEA expects an oil supply glut in 2027 as output surges past demand. Global supply could jump by 8 mb/d to 110.3 mb/d while demand lags. Cheaper crude could cool inflation, easing Fed policy and aiding Bitcoin. The International Energy Agency expects a large oil supply overhang in 2027. Global output is projected to…
Read more
The S&P 500 fell 1.2% on Warsh’s first Fed day, the worst result for a new chair since 1994. Warsh signaled price stability as his top priority, dashing rate cut hopes Trump had banked on. Traders now price in a Fed rate hike by October, a complete flip from where markets stood in Q1. Kevin…
Read more
Amodei urged G7 leaders not to splinter on AI, days after his models were banned Macron warned allies the US could “turn off the switch” on their AI access anytime Trump’s team pulled Fable 5 and Mythos 5 from export over a narrow security jailbreak Dario Amodei sat across from Donald Trump at a G7…
Read more
Elizabeth Warren asked the SEC to delay the SpaceX IPO over investor risks. Her June 9 letter landed one day before SpaceX closed its order books. SpaceX still plans to price Thursday and begin Nasdaq trading on Friday. Senator Elizabeth Warren urged the Securities and Exchange Commission (SEC) to delay SpaceX’s initial public offering (IPO),…
Read more
