S&P Global US manufacturing PMI revised down to 53.9 in June from flash reading of 55.7
The revised PMI suggests slower manufacturing growth, impacting Fed rate decisions and investor confidence in risk assets and economic stability. The post S&P Global US manufacturing PMI revised down to 53.9 in June from flash reading of 55.7 appeared first on Crypto Briefing....
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Citi cuts 12-month bitcoin, ether targets as ETF flows decline
Citi’s revised crypto forecasts highlight potential market instability, emphasizing the impact of regulatory delays and shifting investor sentiment. The post Citi cuts 12-month bitcoin, ether targets as ETF flows decline appeared first on Crypto Briefing....
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Bank of Korea governor outlines vision for tokenized bonds and unified ledger
The Bank of Korea’s tokenized bond initiative could revolutionize sovereign debt management, influencing global financial systems and regulations. The post Bank of Korea governor outlines vision for tokenized bonds and unified ledger appeared first on Crypto Briefing....
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Bank of Canada Governor Macklem warns hedge funds could destabilize sovereign debt markets
Hedge funds’ dominance in sovereign debt markets heightens systemic risk, potentially triggering widespread financial instability during stress. The post Bank of Canada Governor Macklem warns hedge funds could destabilize sovereign debt markets appeared first on Crypto Briefing....
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Klarna wins landmark antitrust case against Alphabet, awarded $1.5 billion by Swedish court
The ruling underscores the growing scrutiny on tech giants’ market practices, potentially influencing future antitrust regulations globally. The post Klarna wins landmark antitrust case against Alphabet, awarded $1.5 billion by Swedish court appeared first on Crypto Briefing....
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EthLabs launches as Ethereum undergoes its biggest leadership transition in years
In this week’s edition of The Protocol Newsletter, we’re diving into the creation of EthLabs, and why it was launched during a period of transition for the ecosystem....
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What is alt season? And why it keeps not arriving
Alt season is the phase when altcoins outrun Bitcoin and portfolios go vertical. Traders have waited more than 260 days for the latest one. Here is what it is, how to measure it, and why it keeps failing to show…...
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Federal Reserve’s Warsh notes decline in volatility and yields
Warsh’s strategy may lead to increased market uncertainty, impacting risk assets and potentially raising consumer borrowing costs. The post Federal Reserve’s Warsh notes decline in volatility and yields appeared first on Crypto Briefing....
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Marcus Rashford retains starting spot for England against DR Congo in World Cup
Rashford’s continued presence in England’s lineup highlights the team’s strategic consistency and depth, crucial for World Cup success. The post Marcus Rashford retains starting spot for England against DR Congo in World Cup appeared first on Crypto Briefing....
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Meta shares open 8% higher as company plans capex cuts
Meta’s capex cuts in the metaverse signal a strategic pivot towards AI, potentially reshaping its financial landscape and investor confidence. The post Meta shares open 8% higher as company plans capex cuts appeared first on Crypto Briefing....
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