Bank of America CEO Makes Critical Interest Rate Call to the Fed
Amid growing concerns about the direction of the U.S. economy, Bank of America CEO Brian Moynihan called on the Federal Reserve to lower interest rates as soon as possible. The…
Giant Dutch Bank Reveals Forecast for FED’s Interest Rate Decision in September
Rabobank, a Dutch multinational banking and financial services company, has expressed its view that the Japanese yen will continue its upward trend against the US dollar in the coming months.…
Grayscale Initiates New MKR Investment Fund
Grayscale Investments has launched a new investment fund dedicated to MakerDAO’s governance token, MKR, as announced in a press release dated August 13. The Grayscale MakerDAO Trust offers qualified investors…
Pump Fun Sets Monthly Revenue Record
Solana-based memecoin platform, Pump Fun, has set a new benchmark in monthly contract revenue, reaching an impressive $28.73 million in July. This milestone underscores the soaring interest in memecoin ventures…
Giant Trading Company Discloses to SEC: Its Holdings in This Cryptocurrency Have Become One of Its Largest Holdings
Chicago-based trading firm DRW has announced that it holds $150 million in Ethereum ETFs, making it one of its largest investments. According to a recent SEC filing, the position represents…
What Does Today’s PPI Data Really Mean? Will It Lead to a Strong Rate Cut by the Fed? Here’s What Experts Say
US Treasury yields gained significantly following the weaker-than-expected US Producer Price Index (PPI) report, supporting the Federal Reserve\'s strategy of more aggressive rate cuts this year. The rise in Treasuries…