MACROECONOMICS
Latest cryptocurrency news and articles about macroeconomics. Stay updated with developments, analysis, and insights.
Founder of Decentralized Finance Giant Aave Discusses the Impact of Interest Rate Cuts on the DeFi Sector! Details Here
Stani Kulechov, founder and CEO of Aave, a leading name in the decentralized finance (DeFi) industry, said that global interest rate cuts could initiate a new wave of growth in the DeFi market. Intere...
Tether’s $1 Billion Bitcoin Buy Triggers Market Bubble Concerns, CEO Warns
Tether, the issuer behind the leading stablecoin, USDT, has made headlines by acquiring $1 billion worth of Bitcoin—approximately 8,800 BTC—during the third quarter of this year. While many investors ...
US Government Shutdown Officially Starts After Political Stalemate — What Does It Mean For Crypto?
The US government shutdown for the first time in six years at midnight on Wednesday, after Congress failed to pass a funding bill. The stalemate leaves agencies without money as the new fiscal year be...
Traders Eye September Jobs Report for Cues on Bitcoin Breakout Above $120K
The Fed’s most recent rate cut initially provided a modest boost to Bitcoin, but investors say the path forward depends less on past easing than on Powell’s Tuesday speech and upcoming jobs data that is scheduled to be released on Friday.
South Korea , U.S. reach consensus not to tamper forex rates for trade advantage
The U.S. and South Korea agreed on Wednesday not to manipulate foreign exchange rates for trade advantage, but reserve them for combating excessive volatility. The decision doesn’t include a bilateral...
How High Can XRP Go as ‘Uptober’ Kicks Off? ChatGPT Makes Bold Claims
The historically bearish month for the cryptocurrency markets – September – is over, and it provided some enhanced volatility. Now, though, all eyes are on October, which is also referred to as ‘Uptob...
Gold hits new record price as U.S. government shuts down and data releases face delays
Gold hit a record $3,875.53 per ounce on Wednesday after five straight days of gains as the U.S. government shut down at 12:01 a.m. Washington failed to pass a stopgap funding package, and the White H...
No Reaction From Crypto Markets as US Govt Shuts Down
The United States government has shut down due to a failure to pass funding legislation, affecting many federal services and furloughing non-essential workers; however, essential services will continu...
BNB Chain’s X Account “May Have Been” Hacked, CZ Issues Warning
The official X account for BNB Chain appears to have been compromised, according to a warning issued Wednesday by Binance co-founder Changpeng “CZ” Zhao. Key Takeaways: The official X account for BNB ...
SEC Halts QMMM Trading After 959% Surge on Crypto Treasury Manipulation Concerns
The U.S. Securities and Exchange Commission has temporarily suspended trading in QMMM Holdings after the stock rocketed 959% in under three weeks on the back of a splashy crypto-treasury pivot. In its...
