Inflation Accelerates to Three-Year High, Eroding American Spending Power
Inflation in the US rose sharply to its highest in three years, outpacing wage growth and reducing consumers’ real income and spending capacity amid rising costs.
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Markets & Macro
Crypto & Fintech
Bitcoin Whale Increases $94 Million Long Amid Continued Market Downturn
Despite Bitcoin’s slide to a six-week low and growing bearish pressure, a notable whale expanded a significant long position worth over $94 million amid heavy liquidations.
Crypto & Fintech
Crypto-Backed PACs Influence Texas Runoffs as Congress Considers New Digital Asset Regulations
Political action committees supporting cryptocurrency interests helped elect multiple candidates in key Texas runoffs amid ongoing congressional debates over crypto market regulations.
Defense & Security
Putin Prepares to Escalate Airstrikes on Kyiv Amid Stalemate and Domestic Pressure
Confronted by stalled progress in Ukraine and rising war fatigue at home, Vladimir Putin appears set to intensify missile strikes on Kyiv to regain momentum and bolster support.
Crypto & Fintech
Bitcoin Faces Rising Distribution Pressure but Long-Term Holders Signal Stability
Bitcoin’s recent dip below $73,000 reflects increased selling activity amid shrinking spot demand, yet long-term holders maintain strong conviction, hinting at cautious market optimism.
Corporate Power
MongoDB Surpasses Expectations with Strong Earnings and Raised Full-Year Outlook
MongoDB reported better-than-expected quarterly results and raised its annual guidance, signaling robust demand for its cloud database services amid growing AI interest.
Markets & Macro
New Initiative in Ghana Aims to Create Jobs and Boost Plastic Recycling Economy
A joint project launched by GIZ, Zoomlion, and Blue Skies targets plastic waste transformation while creating hundreds of jobs, focusing on women and youth empowerment.
Crypto & Fintech
BlackRock's Bitcoin ETF Faces Near-Record Outflows Amid Market Pullback
BlackRock’s Bitcoin ETF registered its second-largest daily outflow as U.S. spot Bitcoin funds saw sustained withdrawals amid a price drop below $75,000.
Markets & Macro
Ethereum Treasury Firms Turn to Staking Amid Rising Competition from Spot ETFs
Ethereum-focused treasury companies increase reliance on staking and active yield strategies as spot crypto ETFs draw investors away from passive ETH holdings.
Trade & Tariffs
Assessing U.S. Strategy: Why Iran and China Are Not Emerging Victorious
Despite media claims, Iran’s military and economy remain weakened, and China’s gains amid regional tensions do not signal a clear strategic victory.