United States: Economic Growth Continues Despite Downbeat Data Weekly Economic Summary This week, economic data in the United States painted a mixed picture. While there were some disappointing numbers, overall economic growth continues to show resilience despite the challenges. Durable goods orders saw a decline, consumer confidence dipped, and the PCE deflator accelerated, resulting in…
President Biden Announces Relief Supplies for Gaza Washington D.C. – President Joe Biden announced on Friday that the United States will begin delivering relief supplies to Gaza following the tragic deaths of over 100 Palestinians at an aid convoy. In a statement from the White House, Biden expressed the need for immediate action and pledged…
It’s All Fun and Games Until the February ISM Manufacturing Report Comes Out What Just Happened? Well, well, well, what do we have here? The US February ISM manufacturing numbers came in at a disappointing 47.8, missing the expected 49.5. Looks like someone’s going to have to explain themselves at the next team meeting! And…
The Rise of Spot Bitcoin ETFs BlackRock’s IBIT Bitcoin ETF Leading the Way Since the recent approval of spot Bitcoin exchange-traded funds (ETFs) on January 10, the demand has skyrocketed. BlackRock’s IBIT Bitcoin ETF has emerged as a frontrunner in this new market, achieving impressive milestones in less than two months. This ETF has captured…
Hey there, crypto enthusiasts! Let’s talk about the latest drama in the world of Bitcoin mining energy usage In the recent SlateCast episode, Texas Blockchain Council Chairman President Lee Bratcher discussed the controversial emergency survey recently issued by the Energy Information Administration (EIA) regarding Bitcoin mining energy usage. As Bratcher explained: “[The EIA] created this…
The Latest Price Analysis and Predictions for Bitcoin and Ethereum Bitcoin (BTC) and Ethereum (ETH) Price Movements As the cryptocurrency market continues to captivate investors worldwide, Bitcoin (BTC) and Ethereum (ETH) stand at the forefront of attention, with their price movements closely scrutinized for insights into market dynamics and future trends. In this comprehensive analysis,…
Oliver Michel Predicts XRP Price Surging to $10: A Game-Changer in the Crypto Market XRP Price To $10 Is Just The Beginning Oliver Michel, founder and CEO of German-based venture capitalist firm Tokentus Investment AG, has given a bullish price prediction for the XRP price. According to him, XRP could hit $10 soon enough. Michel…
Cautiously optimistic about falling inflation Fed policy actions and the state of the economy It seems that the Federal Reserve’s policy actions are finally starting to pay off, as inflation pressures have begun to decrease. The Fed’s efforts have not only helped bring down inflation, but they have also succeeded in anchoring inflation expectations. This…
