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Fed may cut rates this year amid inflation concerns tied to Trump
Fed may cut rates this year amid inflation concerns tied to Trump

Share link:In this post: Morgan Stanley anticipates an interest rate cut before the end of summer. US inflation has slightly cooled down to 2.6%, as per PCE data. Meanwhile, sixteen economists warn of risks to the economy if Trump is re-elected.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 qualified professional bef

Cryptopolitan·2024/06/29 09:43
SEC returns S-1 forms to Ethereum ETF issuers, with at least one more round to go: Source
SEC returns S-1 forms to Ethereum ETF issuers, with at least one more round to go: Source

The SEC has returned the S-1 forms to prospective Ethereum ETF issuers with light comments, asking them to fix the issues and refile.There will need to go through at least one more round before they go effective, a source says.

The Block·2024/06/29 08:19
Would XRP Price Reach $10 if Ripple Won Against the SEC This Year? (ChatGPT Speculates)
Would XRP Price Reach $10 if Ripple Won Against the SEC This Year? (ChatGPT Speculates)

Will XRP’s price reach $10 if Ripple manages to win the case against the SEC this year?

Cryptopotato·2024/06/29 08:01
Bitcoin Slides Toward $60K as Altcoins Bleed Out (Weekend Watch)
Bitcoin Slides Toward $60K as Altcoins Bleed Out (Weekend Watch)

The cryptocurrency market is bleeding out today with multiple coins charting relatively low declines across the board.

Cryptopotato·2024/06/29 08:01
Layer3 Foundation: Introducing $L3
Layer3 Foundation: Introducing $L3

Layer3 Foundation·2024/06/29 07:13
Flash
02:53
China's gasoline exports reached 30,000 tons in May, a year-on-year decline of 95.2%; cumulative gasoline exports from January to May totaled 1.21 million tons, down 61.3% year-on-year.
5.6 million tons of aviation kerosene were exported in May, a year-on-year decrease of 44.9%; from January to May, cumulative aviation kerosene exports reached 6.95 million tons, down 15.2% year-on-year. In May, diesel exports were 350,000 tons, down 31.1% year-on-year; from January to May, cumulative diesel exports reached 2.29 million tons, down 7.6% year-on-year.
02:47
Imran Khan: Tokenization is evolving into two forms—equity ownership and buyback value accumulation.
Alliance co-founder Imran Khan stated that tokenization is evolving into two forms: tokens representing equity ownership, and tokens achieving value accumulation through buybacks. Token forms that fall between the two extremes will gravitate toward either side. Unless income and buybacks are programmed and brought on-chain, it will be difficult for tokens to achieve reasonable valuations. As more companies go public, tokenization can provide global investors with on-chain participation opportunities, increasing the channels for obtaining ownership beyond traditional capital markets.
02:44
Shanghai Clearing House and China Foreign Exchange Trade System: Optimized foreign currency repo services will be launched from June 22
Golden Ten Data reported on June 18 that the China Interbank Market Clearing House Co., Ltd. and China Foreign Exchange Trade System issued a notice on June 18. To further optimize foreign currency repo transactions and clearing services, and to meet the needs of market institutions for collateral management and diversified settlement methods, the Shanghai Clearing House and the China Foreign Exchange Trade System will launch optimized foreign currency repo services starting from June 22, 2026. During the term of foreign currency pledged repo transactions, both parties may initiate collateral substitution for unsettled transactions via the Shanghai Clearing House integrated business system or the China Foreign Exchange Trade System’s FX trading system, which will take effect upon counterparty confirmation. Before the settlement date, both parties may initiate cash settlement through the Shanghai Clearing House integrated business system. The Shanghai Clearing House will complete the outright repo settlement at maturity according to the cash settlement instructions. The specific launch schedule for the China Foreign Exchange Trade System will be announced later.
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