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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
03:02
EUR/CHF just touched the 0.9200 mark, now reported at 0.9200, up 0.04% on the day.
The euro against the Swiss franc just touched the 0.9200 mark, now quoted at 0.9200, up 0.04% on the day.
03:02
RootData: COAI will unlock tokens worth approximately $2.94 million in one week.
ChainCatcher reports, according to token unlocking data from Web3 asset data platform RootData, ChainOpera (COAI) will unlock approximately 8.32 million tokens, worth about 2.94 million US dollars, at 00:00 on June 25 (UTC+8).
02:53
According to Beijing News, durian, which used to cost as much as 30 to 40 yuan per jin, will see a significant price drop in 2026. "Durian price reduction" has also become a frequent topic of heated discussion.
Recently, the Beijing News Consumption Research Institute discovered that, as production area supply increased, durian prices have gradually declined since April, resulting in prices being “slashed in half.” Entering June, the terminal price of some varieties dropped to just over ten yuan per jin, and wholesale prices even fell to just above ten yuan per jin. “In April, Thailand’s Golden Pillow durians could sell for 40 yuan per jin, but now it’s just over 20 yuan per jin,” a vendor told the reporter at the end of May. Recently, at the Wumart (Taiheyuan) store, it was found that durian prices are continuing to fall, with Thai Golden Pillow durians selling for as low as 21 yuan per jin, and the salesperson said that some overripe durians can be discounted to 15 yuan per jin. An owner of a fruit shop operating in Beijing’s Yinghai area told the reporter that in April, the retail price of Golden Pillow durians reached 35-40 yuan or even higher per jin, but now quality ones are just over 20 yuan per jin, with slightly lower quality ones selling for just over ten yuan per jin.From the wholesale side, durian prices have fallen even more sharply in recent months, with mainstream varieties now entering the “just over ten yuan” range. According to Xinfadi’s agricultural wholesale market data, on June 10, the average wholesale price of Thailand Golden Pillow durians was 18 yuan per jin, Vietnam Golden Pillow was 13 yuan per jin, and Vietnamese Canh Dao was as low as 11 yuan per jin; while on May 31, the average prices were 19.25 yuan/jin, 14 yuan/jin, and 11 yuan/jin, respectively. Compared with April 10 two months ago, when Thailand Golden Pillow had not yet entered the market in large quantities, the Thailand Jialun variety had an average price of 25 yuan per jin, Vietnam Golden Pillow reached as high as 36.5 yuan per jin, and Vietnam Canh Dao was 21.5 yuan per jin. In just two months, prices of Vietnam Golden Pillow and Canh Dao have nearly been “slashed in half.”
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