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On the Margin Newsletter: What would a Trump sweep mean for markets?
On the Margin Newsletter: What would a Trump sweep mean for markets?

Plus, a look into US spot BTC funds six months into trading

Blockworks·2024/07/12 07:31
Federal Reserve’s strategy for fighting inflation is working
Federal Reserve’s strategy for fighting inflation is working

Share link:In this post: The Fed’s Alberto Musalem says we’re making good progress on lowering inflation but didn’t say when rates might drop. The latest CPI report shows inflation falling more than expected, raising hopes for possible rate cuts later this year. Jerome Powell said that the Fed needs to see sustained inflation control before cutting rates.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provide

Cryptopolitan·2024/07/12 06:43
Flash
  • 04:27
    Important Dynamics Overview for April 26th, Midday
    7:00-12:00 Keywords: USDC, XRP Spot ETF, xAI, Solscan 1.Solana's circulating USDC surpasses 10 billion units; 2. SEC Commissioner Uyeda calls for expanded crypto asset custody options; 3. The world's first XRP spot ETF is listed and traded on the Brazilian exchange; 4. Musk's xAI plans to raise $20 billion, potentially becoming the second-largest startup financing in history; 5. Google's first search result for "Solscan" is a phishing ad link, users need to be cautious; 6. U.S. Senator: Trump's dinner for TRUMP holders could be grounds for impeachment; 7. Chainalysis: The TRUMP dinner generated $900,000 in transaction fees for Trump and his allies within two days.
  • 03:11
    BlackRock IBIT Continues 9 Days of Inflows, Increases BTC Holdings by $1.6 Billion
    According to Jinse, The ETF Store President Nate Geraci revealed data on platform X showing that BlackRock IBIT has experienced 9 consecutive days of inflows, increasing its BTC holdings by $1.6 billion. Official data shows that IBIT's current total Bitcoin holdings have reached 586,164.3086 BTC, with a market value hitting $54,659,645,928.78.
  • 03:11
    Data: Circulation of USDC increased by approximately 12 billion in the past 7 days
    PANews April 26 report: According to official data, within the 7 days ending April 24, Circle issued approximately 37 billion USDC and redeemed about 25 billion USDC, resulting in an increase in circulation of around 12 billion. The total USDC circulation is 62 billion, with reserves of approximately 62.3 billion USD, including about 7.9 billion USD in cash and approximately 54.4 billion USD held by the Circle Reserve Fund.
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