24/7 Blockchain industry dynamics and breaking crypto news
Former Iranian President Hassan Rouhani characterized recent U.S. actions under Trump as a new form of economic warfare against Iran. He asserted Iran's resilience and noted that numerous nations continue trading with Iran despite pressure, highlighting international defiance of U.S. policies.
Read MoreThe US stock market is experiencing an unusually calm period, with the S&P 500's VIX volatility index staying low for 25 consecutive days—the longest such streak since May 1992. This record stability has investors questioning potential risks ahead.
Read MoreBitcoin has retested a key macro downtrend line as support, now aligned with previous highs. The monthly close above $76,187 is critical—failure could signal weakness and reduce upside potential.
Read MoreFollowing the August 31 exploit, Balancer has sent on-chain messages to the attacker's wallet, offering a bounty for the return of stolen funds and legal immunity. If no response is received by 5:00 UTC on September 9, the project will pursue technical, on-chain, and legal actions. The incident resulted in approximately $234,000 in losses.
Read MoreOn September 4th, the S&P 500 extended its decline, falling 0.5% to hit a new session low. This article analyzes the market context behind the drop and explores key factors influencing investor sentiment.
Read MoreTesla (TSLA.O) shares extended losses to 6.3% after its newly unveiled Cybercab autonomous taxi failed to meet market expectations. Disappointment over the lack of breakthrough features triggered a sell-off, weighing heavily on the stock price.
Read MoreBitcoin has fallen below the key $79,000 level, currently trading at $78,984.21 with a 24-hour drop of 1.1%. Heightened market volatility underscores the urgent need for investors to implement robust risk management strategies.
Read MoreOn September 4th, the Philadelphia Semiconductor Index surged 3.01%, leading a broad tech rally. Storage and optical module stocks outperformed, with companies like Western Digital, Seagate, and Coherent gaining over 5%. The rally reflects optimism about demand from data centers and AI computing.
Read MoreRobinhood CEO Vlad Tenev publicly affirmed support for stock tokens, addressing recent compliance controversies. The company's chief legal officer stated they will not halt plans and will engage with lawyers on securities law matters, following criticism from AMC's CEO.
Read MoreCiti has revised its Fed rate cut forecast, pushing the first expected cut to June 2027, followed by two more in September and December. This shift reflects updated assessments of persistent inflation and economic resilience, outlining a clearer monetary policy timeline.
Read MoreWhite House economic adviser Kevin Hassett stated that President Trump offered no specific advice on Federal Reserve policy during their recent phone call. The clarification addresses speculation about potential executive influence over central bank independence.
Read MoreAMC Entertainment's stock rose 4% amid rumors that Robinhood is planning to tokenize stocks. This reflects growing market interest in the convergence of traditional finance and blockchain technology. Investors are watching how such innovations could reshape trading and liquidity.
Read MoreTrump reacted to strong August jobs data, calling for immediate Fed rate cuts. He argued improved U.S. credit justifies lower rates and threatened to halt trade with nations running surpluses against the U.S. if the Fed doesn't act, claiming high rates put America at a disadvantage.
Read MoreNick Timiraos, a key Fed watcher, argues that the robust August jobs report, while not altering the primacy of inflation data, removed a major obstacle to rate hikes by reversing prior labor market weakness and dispelling concerns about stagnant employment growth.
Read MoreUS stocks opened mixed on September 4th, with the Dow and S&P 500 slightly down while the Nasdaq edged higher. Lululemon plunged over 19% after cutting its full-year outlook, while Planet Labs surged on strong earnings and rare earth stocks gained, highlighting sector rotation.
Read More