US Treasury Secretary Bessent says Strait of Hormuz will become “another body of water” in 2 years
The shift from Strait of Hormuz reliance to pipelines could reshape global energy dynamics, reducing geopolitical tensions and altering market risks. The post US Treasury Secretary Bessent says Strait of Hormuz will become “another body of water” in 2 years appeared first on Crypto Briefing....
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Elon Musk urges G20 to develop new energy sources outside China for AI data centers
Musk’s call for diversified energy sources highlights the geopolitical and economic urgency of reducing reliance on China for AI infrastructure. The post Elon Musk urges G20 to develop new energy sources outside China for AI data centers appeared first on Crypto Briefing....
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US manufacturing PMI August final at 53.4, below expectations
US manufacturing growth continues, but export challenges and supply chain disruptions may hinder long-term competitiveness and stability. The post US manufacturing PMI August final at 53.4, below expectations appeared first on Crypto Briefing....
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Scott Bessent emphasizes need to derisk US-China trade relations
Recalibrating US-China trade aims to mitigate risks but may yield limited impact without substantial structural changes and mutual incentives. The post Scott Bessent emphasizes need to derisk US-China trade relations appeared first on Crypto Briefing....
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European Central Bank’s September rate hike insufficient for inflation, says Simkus
The ECB’s insufficient rate hike may lead to prolonged inflation, challenging economic stability and necessitating further monetary interventions. The post European Central Bank’s September rate hike insufficient for inflation, says Simkus appeared first on Crypto Briefing....
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Firelight raises $8 million, expands beyond XRP as it aims to make DeFi less scary for fintechs
The protocol aims to give fintechs and investors a faster way to recover losses from DeFi hacks, while letting XRP, bitcoin and XLM holders earn yield by backing that protection....
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Bitcoin enters ‘Rektember’ as rate-hike risk combines with seasonality to threaten rally
September has historically been a poor month for risk assets in general, and bitcoin, in particular....
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Dow, S&P 500 and Nasdaq open lower as September kicks off with oil spike and yield jitters
Market volatility may increase as rising oil prices and high yields fuel economic uncertainty, impacting investor confidence and decision-making. The post Dow, S&P 500 and Nasdaq open lower as September kicks off with oil spike and yield jitters appeared first on Crypto Briefing....
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Russia intensifies air strikes on Kyiv, Europe seeks more defenses
The intensified conflict heightens European security concerns, prompting urgent defense measures and influencing market perceptions of future advances. The post Russia intensifies air strikes on Kyiv, Europe seeks more defenses appeared first on Crypto Briefing....
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Securitize’s HINC token accepted as collateral on Loopscale, bringing junk bonds to DeFi lending
Integrating tokenized junk bonds into DeFi lending could enhance liquidity access for institutional investors, reshaping traditional finance dynamics. The post Securitize’s HINC token accepted as collateral on Loopscale, bringing junk bonds to DeFi lending appeared first on Crypto Briefing....
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