24/7 Blockchain industry dynamics and breaking crypto news
TD Cowen's Jaret Seiberg is increasingly pessimistic about the Clarity Act's passage, seeing only a one-in-three chance this year. A key stablecoin compromise fails to satisfy both crypto firms and banks, pushing potential action to late summer.
Read MoreJapan's industrial leader MHI Group has integrated JPMorgan's blockchain technology to overhaul its cross-border payment systems. This move targets near-instant global fund transfers, boosting operational efficiency and transparency.
Read MoreA recent poll indicates that about two-thirds of Americans believe the U.S. should end military involvement in Iran quickly, even if goals aren't met. The survey also reveals concerns over rising gas prices and general disapproval of military strikes.
Read MoreA leading NFT marketplace has announced the imminent retirement and delisting of its integrated wallet service. Users are urged to export their assets or wallet data before the deadline to prevent potential losses. Follow official channels for further updates.
Read MoreThe US Dollar Index fell 0.54% on March 31, closing near 99.965. The decline signals shifting market risk sentiment and reassessment of Fed policy outlook, boosting non-USD currencies. Near-term direction hinges on economic data and geopolitical developments.
Read MoreU.S. stocks surged on April 1st, with the Nasdaq leading gains at 3.83%. The S&P 500 rose 2.91%, marking its best single-day performance since May. Despite the rally, major indices posted monthly losses for March.
Read MoreThe White House has firmly responded to threats from Iran's Islamic Revolutionary Guard Corps against US businesses in the Middle East, stating that American forces are fully prepared to counter any attacks. An official noted a significant decrease in Iranian missile and drone strikes.
Read MoreA recent US consumer survey reveals a sharp rise in one-year inflation expectations to 5.2% in March, driven by geopolitical tensions and soaring energy prices, signaling heightened public concern over persistent cost pressures.
Read MoreA series of powerful explosions shook Bujumbura, Burundi's economic hub, on the evening of March 31st. Officials confirmed a fire at a military barracks ignited an arsenal, causing sustained blasts. The incident sparked widespread alarm, with details on casualties and damage still emerging.
Read MoreIran's Foreign Minister stated that there are no formal negotiations with the US, only message exchanges via direct channels. Iran has not responded to US proposals and demands a complete end to regional conflict, not just a ceasefire.
Read MoreThe Fed's overnight reverse repo facility usage jumped sharply to $15.782 billion on Tuesday from $752 million, involving 12 counterparties. This significant shift highlights changing dynamics in short-term funding markets and may signal evolving liquidity conditions or institutional cash management strategies.
Read MoreOn April 1st, the spot gold market experienced a dramatic surge, skyrocketing over $150 to reach $4661.02 per ounce, marking a remarkable 3.33% intraday gain. This explosive move has sent shockwaves through global financial markets.
Read MoreA Federal Reserve official warns against underestimating inflation risks, noting that progress toward the 2% target has stalled. He stresses the need for policy actions to anchor expectations, despite stable long-term measures, signaling the inflation battle is not over.
Read MoreBitcoin has broken through the $68,000 level, currently trading around $68,007 with a 24-hour gain of nearly 1%. Market volatility has increased significantly, prompting analysts to advise investors to monitor developments closely and manage risk cautiously.
Read MoreIran's president announced readiness to end military conflicts, conditional upon obtaining concrete security guarantees. He emphasized international cooperation for sustainable peace and called for regional stability mechanisms, marking a potential shift in Middle Eastern diplomacy.
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