Fed's Kugler Indicates Rate Cuts Possible With Rising UnemploymentOn July 17, Fed Governor Kugler noted that a rebalanced job market is key to reducing inflation to 2%. He suggested that rising unemployment could prompt the Fed to consider early rate cuts. Kugler expressed cautious optimism, based o

The United States Securities and Exchange Commission (SEC) has reportedly given "preliminary approval" to at least three asset managers for their spot Ether exchange-traded funds (ETFs), with potential for these funds to start trading as early as next Tuesday. A report from Reuters on July 15 indica

Bitcoin currently trades above $63,000, yet the futures weekly funding rate suggests caution among professional traders.Source:tr.cryptonews.comDespite this caution, Bitcoin surged 9.7% from July 13 to July 15, reaching around $63,500. This rally reversed losses from the past nine days but has not b

SEC Demands Ethereum ETF Issuers Submit Final S-1 FilingsBloomberg ETF analyst Eric Balchunas noted that the SEC has directed ETF issuers to submit their final S-1 documents with fee details by Wednesday. This submission will allow them to seek approval for effectiveness post-Monday’s close, paving

1. BTC Market TrendFrom July 11 to 14, the BTC spot price swung from $56,537.9 to $60,370.28, a 6.78% range. Over the past four days, significant statements from the Federal Reserve (Fed) and the European Central Bank (ECB) included:1) On July 11, Fed Chairman Powell stated readiness to lower intere

Bitcoin's resilience attracts bullish investors as inflows into US-based spot ETFs hit $310 million, suggesting confidence in a short-term bottom formation.Source: www.innova.com.trAfter a period of sideways movement, Bitcoin briefly dipped below its range but failed to sustain the breakdown on July

Ether (ETH) is currently experiencing a notable rally, trading at $3,331, marking a 16% increase from the previous week's price of $2,909, as reported by TradingView. Nate Geraci, President of The ETF Store and an ETF analyst, recently shared his enthusiasm on the social media platform X, predicting

Customers Shift to Bitcoin and Gold in Response to Trump ShootingKyle Rodda, senior financial market analyst at Capital.com, noted a significant shift to Bitcoin and gold among customers after the Trump shooting. He characterized the event as a pivotal change in U.S. political norms and an increase

FameEX exchange as a trading platform equips users with a suite of professional profit-making tools designed for ease of use and effectiveness. The platform’s forward-looking technology and beginner-friendly trading functions provide diversified trading experiences and comprehensive tools such as AI

Despite investor bets on Federal Reserve interest rate cuts, Bitcoin's price remains mired in a downtrend. Source: www.getmidas.comThe US Consumer Price Index (CPI) increased by 3% year over year in June, slightly below the expected 3.1%, which analysts saw as bullish for Bitcoin. Yet, the cryptocur