WeRide sales exceed expectations amid rising ride-hailing demand
WeRide’s growth highlights the transformative potential of autonomous technology in global ride-hailing, reshaping industry dynamics and competition. The post WeRide sales exceed expectations amid rising ride-hailing demand appeared first on Crypto Briefing....
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America doesn’t need a second-class payments system
If an institution qualifies to participate in America’s banking system, it should have a clear path to America’s payment system, argues Anchorage Digital’s Rachel Anderika....
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Swiss central bank holds $72M in Strategy shares, boosting Bitcoin demand
The SNB’s indirect Bitcoin exposure via Strategy highlights central banks’ cautious yet evolving approach to cryptocurrency investments. The post Swiss central bank holds $72M in Strategy shares, boosting Bitcoin demand appeared first on Crypto Briefing....
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Yen holds gains after soft US CPI print, trading near 159 per dollar
The yen’s modest gains amid soft US CPI highlight potential shifts in monetary policy, impacting global currency dynamics and trade balances. The post Yen holds gains after soft US CPI print, trading near 159 per dollar appeared first on Crypto Briefing....
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US inflation eases to 3.4% as shelter costs remain the stubborn holdout
Persistent shelter costs may challenge the Fed’s inflation target, impacting monetary policy and economic stability in the long term. The post US inflation eases to 3.4% as shelter costs remain the stubborn holdout appeared first on Crypto Briefing....
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Hong Kong excludes proprietary trading firms from tax concessions on carried interest
Hong Kong’s tax policy shift may drive proprietary trading firms to reconsider their operational base, impacting regional financial dynamics. The post Hong Kong excludes proprietary trading firms from tax concessions on carried interest appeared first on Crypto Briefing....
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S&P 500 dividend yield hits historic low as just 5 members still offer 6% or more
The historic low S&P 500 dividend yield highlights a shift towards capital gains over income, challenging income-focused investors’ strategies. The post S&P 500 dividend yield hits historic low as just 5 members still offer 6% or more appeared first on Crypto Briefing....
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Consumer Price Index preview aligns with expectations, suggesting Fed may hold rates steady
Stable rates could bolster economic confidence, but unexpected inflation shifts may prompt policy changes, impacting market dynamics. The post Consumer Price Index preview aligns with expectations, suggesting Fed may hold rates steady appeared first on Crypto Briefing....
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Bitcoin Price Holds Steady as US July CPI Comes in as Expected
The US Bureau of Labor Statistics just published the Consumer Price Index data for July, which has essentially matched most expectations, with the regular CPI coming in at 3.3% to 3.4%. The substantial increase in the CORE CPI of 2.5% was official, given the decline in June due to...
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U.S. CPI inflation slows to 3.4% as expected, bitcoin holds near $64,000
Both headline and core inflation matched economists’ expectations, while bitcoin held near $64,000 and Treasury yields declined....
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