The post United States MBA Mortgage Applications up to 1.7% in May 8 from previous -4.4% appeared on BitcoinEthereumNews.com.
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The post United States Producer Price Index soars in April amid Iran war appeared on BitcoinEthereumNews.com.
The United States (US) Producer Price Index jumped to 6% on a yearly basis in April, following the 4.3% posted in March and largely surpassing the expected 4.9%. On a monthly basis, the PPI rose 1.4%, doubling the March reading of 0.7%, and much higher than the anticipated 0.5%. Wholesale inflation hit its highest since December 2022, not really a surprise considering what’s going on in the Middle East. The energy supply disruption triggered by the Iran war is the main source of higher inflationary pressures around the globe and what’s twisting central bankers’ hands. The figures came a day after the Consumer Price Index (CPI) rose by 3.8% in the same period, nearly doubling the Federal Reserve’s (Fed) goal of 2%, spurring speculation that the central bank will have no choice but to hike interest rates. Market reaction The US Dollar Index (DXY) retains the positive momentum acr
The post $11.77T Charles Schwab Launches Spot Bitcoin Trading appeared on BitcoinEthereumNews.com.
Charles Schwab has begun rolling out spot bitcoin trading to retail clients in the United States, marking a major expansion of crypto access through one of the country’s largest brokerage firms. The company announced Tuesday that an initial group of eligible customers can now trade bitcoin through its new platform, Schwab Crypto. The launch gives retail investors direct access to digital assets inside Schwab’s existing brokerage ecosystem, rather than through third-party exchanges or exchange-traded funds. Charles Schwab said the rollout follows plans first outlined last year and confirmed in April. The firm previously limited crypto exposure to ETFs, futures, and other indirect investment products. The new platform allows customers to buy and sell spot bitcoin while maintaining a separate crypto account connected to their Schwab brokerage profile. Charles Schwab Premier Bank will act as
The post Bitcoin and Ethereum Arrive on Wall Street Giant Charles Schwab for Selected Retail Clients appeared on BitcoinEthereumNews.com.
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Charles Schwab’s latest offering is currently unavailable to residents of New York, Louisiana, and users outside the United States. ‘;
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The post US Dollar: Hot CPI keeps Fed cautious – Danske Bank appeared on BitcoinEthereumNews.com.
Danske Research Team highlights that United States (US) Consumer Price Index (CPI) data showed strong core and services inflation, reinforcing concerns about persistent underlying price pressures. Shelter and super-core components rose, while core goods remained flat. They note markets will watch upcoming PPI data to see if it confirms similar momentum and keeps the Federal Reserve (Fed) cautious. Services and shelter drive CPI higher “In the US, April PPI data is due for release. Yesterday’s CPI print showed sticky monthly services and super-core inflation, reinforcing concerns around persistent underlying price pressures. Markets will watch whether PPI confirms similar price momentum.” “Headline inflation rose 0.6% m/m SA, in line with expectations, while core inflation was stronger than expected at 0.4% m/m SA (cons 0.3% m/m). Shelter rose 0.6% m/m and “super-core” (core services ex she
The post VanEck sets Bitcoin price target for end of 2026 appeared on BitcoinEthereumNews.com.
With Bitcoin (BTC) price having underperformed Gold (XAU) and the broader United States stock market in 2026, Matthew Sigel, the head of digital assets research at VanEck, has made a bold prediction. Bitcoin price could hit $160,000 if it reclaims its all-time high relative to gold, Sigel said. The prediction, analyzed by Finbold on May 12, is based on the BTC/XAU pair recovering to 35x, its previous peak, from its current level of 17.1x. Bitcoin / Gold Cross. US Stock Market Cap / GDP. Source: X Sigel highlighted that Bitcoin is cheap, as it has not followed the broader U.S. stock market. Furthermore, the ratio of the U.S. stock market cap and the country’s gross domestic product (GDP) recently rebounded to an all-time high (ATH). As such, Sigel suggested that BTC price could easily surge beyond his target, since the prediction is pegged on the flagship coin catching up to where equities are
The post US Dollar: Inflation focus shapes rate expectations – TD Securities appeared on BitcoinEthereumNews.com.
TD Securities economists highlight that higher US Treasury yields followed headlines on Middle East tensions and upcoming supply, with attention now turning to April United States (US) Consumer Price Index (CPI). They expect core CPI to print above consensus and headline CPI to remain firm, driven by shelter adjustments and energy and food prices, which could influence Dollar and rates pricing over the coming days. US CPI and yields in spotlight “On Tuesday, focus will be on CPI, where our forecast of 0.38% m/m for core is slightly above consensus of 0.36% m/m.” “We also expect a headline print of 0.56% m/m as oil continues to pass through into inflation.” “We look for core CPI inflation to accelerate to 0.38% m/m in April, largely owing to the rebound in shelter prices from methodological adjustments (consensus: 0.3%), with oil prices also likely passing through into airfa
The post XRP ETFs just recorded their biggest daily inflow yet appeared on BitcoinEthereumNews.com.
On May 11, the United States spot XRP exchange-traded funds (ETFs) recorded the largest daily cash inflow since January 5, 2026. The U.S. spot XRP ETFs registered a net inflow of approximately $25.80 million on Monday, according to data from SoSoValue analyzed by Finbold on May 12. As such, these funds cumulatively hold tokens valued at about $1.18 billion at press time. Spot XRP ETFs daily flow. Source: SoSoValue The highest single-day inflow in 2026 was $46.10 million, posted on January 5. Since the beginning of May, these ETFs have not logged any negative days, thereby signaling a potential renewal of institutional demand. Franklin XRP ETF (XRPZ) was the best-performing, as it attracted $13.62 million in net inflows on Monday. Having reported its highest daily cash inflow at the beginning of this week, the XRPZ had a total assets of $286.82 million at the time of publication. XRPZ 202
