Crypto Briefing·
Record-low consumer sentiment may lead to reduced spending, complicating the Fed's policy decisions and impacting consumer-driven sectors. The post University of Michigan consumer sentiment index hits all-time low as Americans buckle under price pressures appeared first on Crypto Briefing.
Read full articleBy Brian Jay Tang, University of Michigan and Kang G. Shin, University of Michigan Hundreds of millions of people consult artificial intelligence chatbots on a daily basis for everything from product recommendations to romance, making them a tempting audience to target with potentially below-the-radar advertising. Indeed, our research suggests AI chatbots could easily be used […]
The post Crypto Market Sheds $13B as Squid Loses $3.2M, Warsh Takes Fed Helm appeared on BitcoinEthereumNews.com. Crypto News The total crypto market capitalization slipped 0.51% over the past 24 hours, shedding roughly $13 billion and dropping to $2.54 trillion as risk capital continued rotating toward US equities. Bitcoin traded at $76,786, down 0.60% and pinned just above a key technical level, while Zcash led the downside with a 4.25% drop to $624 on lighter sell volume than recent sessions. The print rests directly on the 0.382 Fibonacci level at $2.53 trillion, drawn from the late-March low to the early-May peak. Memorial Day kept US stocks shut on Monday, but Friday’s S&P 500 close at 7,473.47 carried risk-off momentum through Asia and into the European session. Commonwealth Bank of Australia chief executive Matt Comyn warned that artificial intelligence will reshape work across the broader economy, cautioning that downplaying the technology’s impact on jobs offers no protection
The post Gold Languishes Near Daily Low As Stronger Dollar, Hawkish Fed Bets Weigh appeared on BitcoinEthereumNews.com. Gold Languishes Near Daily Low As Stronger Dollar, Hawkish Fed Bets Weigh Skip to content Home Forex News Gold Languishes Near Daily Low as Stronger Dollar, Hawkish Fed Bets Weigh Source: https://bitcoinworld.co.in/gold-near-daily-low-stronger-dollar-hawkish-fed/
A top US bank is preparing to handout up to $25,000 per victim of two data breaches to settle a class-action lawsuit. Flagstar Bank, N.A., has agreed to a proposed $31.5 million settlement to compensate the 2.18 million Americans whose personal information was comprised in data breaches that occurred more than four years ago. Flagstar […] The post Billion-Dollar Bank To Hand Out up to $25,000 per Customer in Settlement Over Data Breach That Impacted 2,187,170 Americans appeared first on The Daily Hodl.
The post White House Adviser Hassett says ending Iran war may create room for Fed rate cut appeared on BitcoinEthereumNews.com. US President Donald Trump’s chief economic adviser at the White House, Kevin Hassett, said on Monday that he is confident that an eventual drop in oil prices will create space for the US Federal Reserve (Fed) to cut the interest rates. Hassett stated that the White House expects energy prices to drop once there’s a deal with Iran, adding that negotiations with Tehran “are proceeding in an orderly and constructive manner.” “Again, we expect energy prices, as soon as there’s a deal, to plummet,” said Hasset “And when that happens, then there will be a lot of room for the Fed to do the right thing at lower rates,” he added. Market reaction At the time of writing, the US Dollar Index (DXY) is trading 0.30% lower on the day at 99.05. US Dollar FAQs The US Dollar (USD) is the official currency of the United States of America, and the ‘de facto’ currency of a signi
The post Will XRP Skyrocket With Warsh Heading the Fed? Gemini Outlines Ripple’s Path Forward appeared on BitcoinEthereumNews.com. Home » Crypto Bits XRP is not Bitcoin, warned Gemini. ‘; } function loadTrinityPlayer(targetWrapper, theme,extras=””) { cleanupPlayer(targetWrapper); // Always clean first ✅ targetWrapper.classList.add(‘played’); // Create script const scriptEl = document.createElement(“script”); scriptEl.setAttribute(“fetchpriority”, “high”); scriptEl.setAttribute(“charset”, “UTF-8”); const scriptURL = new URL(`https://trinitymedia.ai/player/trinity/2900019254/?themeAppearance=${theme}${extras}`); scriptURL.searchParams.set(“pageURL”, window.location.href); scriptEl.src = scriptURL.toString(); // Insert player const placeholder = targetWrapper.querySelector(“.add-before-this”); placeholder.parentNode.insertBefore(scriptEl, placeholder.nextSibling); } function getTheme() { return document.body.classList.contains(“dark”) ? “dark” : “light”; }
XRP is not Bitcoin, warned Gemini.
Warsh's hawkish stance may lead to tighter monetary policy, impacting Bitcoin and potentially slowing economic growth amid persistent inflation. The post Bitcoin falls to $74,190 as Kevin Warsh becomes Fed chair, raising rate hike fears appeared first on Crypto Briefing.
