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Arthur Hayes: A new inflation cycle is coming, and the best way to preserve value is to hold cryptocurrency

BlockBeats·2024/07/02 05:04

Bitget Contract Market Update

Bitget·2024/07/02 05:03

Bitcoin miner Northern Data mulls US IPO of AI unit as early as 2025: report

Quick Take Northern Data AG is consulting potential advisers for an initial public offering in the U.S., Bloomberg reported. The company’s expected value ranges from $10 billion to $16 billion.

The Block·2024/07/02 04:13

Dogwifhat (WIF) Surges 40% in 7 Days Despite Negative Sentiment

Newscrypto·2024/07/02 04:07

Bitcoin (BTC) Faces Supply Overhang Challenges in June 2024

Blockchainnews·2024/07/02 03:58

Ethereum Suffers $61M Outflows, Worst Performance Since August 2022

Ethereum experienced the largest outflows since August 2022, as per CoinShares.

Cryptopotato·2024/07/02 03:43

IOSG Ventures: Detailed explanation of DA ecology and competition landscape

Odaily·2024/07/02 03:41

Polkadot spent $37M on marketing – It was NOT worth it

Share link:In this post: Polkadot spent $37 million on marketing in the first half of the year, sparking community outrage. The $37 million included sponsorships, influencer marketing, and events, but failed to yield expected results. Its cash and assets total $188 million, projected to last another two years at the current spending rate.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. W

Cryptopolitan·2024/07/02 02:40

Bitcoin July Incoming? Historical Trend Excites Hopefuls

Dailycoin·2024/07/02 01:16

Bitfarms mined 21% more Bitcoin in June amid Riot takeover attempts

Cointelegraph·2024/07/02 00:04

Flash

13:18

「Fed's Whisperer」: Non-Farm Payrolls Won't Completely Resolve Fed's Rate Hike Debate, Near-Term Rate Cut Highly Unlikely

BlockBeats News, June 5th, Fed's Whisperer Nick Timiraos published a commentary on the latest nonfarm payroll data, suggesting that this spring's hiring spree has regained momentum. This development will provide further justification for Fed officials concerned about inflation, who believe that the current low-interest rates are insufficient to contain the upward pressure on prices. This employment report will not entirely settle the debate on how much the Fed should consider raising interest rates later this year. However, it does reinforce the notion that the reasons for a rate cut in the short term have largely dissipated.

13:17

Analyst: A Few More Non-Farm Data Like This Will Shift the Baseline Scenario to Multiple Rate Hikes

On June 5, institutional analyst Jersey evaluated the U.S. non-farm payrolls, stating that it is difficult to describe the labor market as weak. For the interest rate market, the risks are more inclined towards rate hikes, while the possibility of rate cuts diminishes. Kevin Walsh finds it hard to convince other members of the Federal Reserve's monetary policy committee to lower interest rates. We do not believe that a rate hike is imminent, but if we see a few more employment growth reports like this, multiple rate hikes will become our baseline scenario.

13:17

Analyst: Coexistence of 'New Employment' and 'Reemployment' in the U.S.

On June 5, institutional analyst Anstey assessed the U.S. non-farm payroll: economists estimate that the breakeven point for job growth is only 50,000 or lower. This figure is considered to align with the level required to absorb new job entrants. Therefore, the employment growth of 172,000 in May not only indicates that the market can absorb new job seekers but also signifies a substantial number of unemployed individuals reentering the workforce.

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「Fed's Whisperer」: Non-Farm Payrolls Won't Completely Resolve Fed's Rate Hike Debate, Near-Term Rate Cut Highly Unlikely

Analyst: A Few More Non-Farm Data Like This Will Shift the Baseline Scenario to Multiple Rate Hikes

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