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MicroStrategy (MSTR) Pops 3% After Saylor Announces 10 For 1 Stock Split
MicroStrategy (MSTR) Pops 3% After Saylor Announces 10 For 1 Stock Split

MicroStrategy will soon be far cheaper for smaller investors to gain exposure to.

Cryptopotato·2024/07/11 22:10
Shiba Inu (SHIB) ETF: The Pros and Cons According to Team Member
Shiba Inu (SHIB) ETF: The Pros and Cons According to Team Member

Here are the advantages and disadvantages that a potential SHIB ETF could provide.

Cryptopotato·2024/07/11 20:25
Why the Litecoin (LTC) price remains stagnant despite wide use
Why the Litecoin (LTC) price remains stagnant despite wide use

Share link:In this post: Litecoin sees significant turnover, moving up to 60% of its supply in a single day. LTC prices stagnated, with short positions dominating on most exchanges. Miners keep their activity at an all-time high, not capitulating despite low LTC prices.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. We strongly recommend independent research and/or consultation with a q

Cryptopolitan·2024/07/11 16:10
Story Protocol plans to launch IP-focused Layer 1 this year
Story Protocol plans to launch IP-focused Layer 1 this year

Quick Take Blockchain startup Story is coming out of stealth with its bespoke Layer 1 network built for IP management. The project is backed by investors including Paris Hilton’s 11:11 Media, Samsung Ventures and Andreessen Horowitz. Story is using an EVM-compatible blockchain together with a custom “Proof-of-Creativity” consensus algorithm.

The Block·2024/07/11 14:46
U.S. inflation falls to 3%, lowest level since 2021
U.S. inflation falls to 3%, lowest level since 2021

Share link:In this post: U.S. inflation dropped to 3% in June, the lowest since 2021, raising hopes for potential Federal Reserve interest rate cuts. The unemployment rate rose to 4.1%, the highest since the pandemic, causing concerns despite no immediate recession threat. Treasury yields fell, and stock futures rose after the CPI data release, with traders betting on interest rate cuts this year.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any invest

Cryptopolitan·2024/07/11 14:07
Flash
17:44
Fitch Ratings: Full Opening of the Strait of Hormuz Would Likely Return Global Oil Market to Oversupply in About a Month
BlockBeats News, June 16th, Fitch Ratings: If the agreement opens the Strait of Hormuz completely, the global oil market is expected to return to oversupply in about a month. (FX168)
17:44
U.S. Strategic Petroleum Reserve Drops to Lowest Level in 43 Years
Golden Ten Data reported on June 16 that as the Trump administration is set to complete the release of 172 million barrels from the Strategic Petroleum Reserve (SPR) to ease the surge in fuel prices caused by the Iran war, the US emergency oil reserves have dropped to their lowest level since 1983. According to data released by the US Department of Energy on Monday, the SPR—which was established in the early 1970s after the Arab oil embargo—has fallen to about 340 million barrels, close to a record low. If this plan is completed, it will mark the second-largest release in the reserve’s history, leaving about 243 million barrels remaining—only around one-third of its statutory capacity. The continually shrinking stocks reduce the US’s flexibility in responding to future supply disruptions. A spokesperson for the Department of Energy stated that the government is managing the reserve according to its intended purpose: to help stabilize the oil market, protect the US from supply interruptions, and make the country more energy secure.
17:19
The Federal Reserve's fixed-rate reverse repurchase operation accepted $581 million
The Federal Reserve accepted a total of $581 million from 8 counterparties in its fixed-rate reverse repurchase operations.
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