📣 This week, the US will announce the growth rate of GDP in the first quarter and the PCE price index for March.

📊 PCE is an important core indicator for the Federal Reserve when it comes to raising interest rates.

#USA #GDP #PCE #FederalReserve #interestrates #economy #finance

📌 Members of the European Parliament can still hinder the European Central Bank from issuing a digital euro, said ECB board member Fabio Panetta, as legislators express growing doubts about the value of the central bank's digital currency (CBDC).

#EuropeanParliament #ECB #digitalEuro #CBDC #centralbank #cryptocurrency #finance #Europe #cryptonews

🏦 🔽 Shares of First Republic bank fell nearly 50% at the close of trading on Tuesday, reaching a new record low after the lender reported late Monday evening that its total deposits had dropped 41% in the first quarter.

#FirstRepublic #stocks #banks #trading #investments #market #finance

TOP crypto news - morning selection ☀️☕️

⚡️Arkham analysts acknowledged their mistake, stating that the data about the US government selling BTC was a systemic failure.

⚡️The US House of Representatives passed a bill to increase the debt limit by $1.5 trillion.

⚡️Bitcoin has begun to exhibit itself more strongly than the stock market and is completely losing correlation with the S&P 500 index.

⚡️Austrian financial giant Raiffeisenlandesbank became the first major traditional bank in the EU to launch a service for buying and selling cryptocurrencies.

💰Morning summary of TOP-5 coins:
🛸Bitcoin - $28,804.01
🛸Ethereum - $1,879.62
🛸BNB - $331.07
🛸Ripple - $0.4609
🛸 Cardano - $0.4094
Market capitalization - $1.20T
Crypto Fear/Greed Index
Status: Greed
Value: 59/100

⚡️Have a nice day!

#cryptonews #Arkham #BTC #USA #debtlimit #bitcoin #ethereum #BNB #ripple #cardano #stockmarket #Raiffeisenlandesbank #bank #cryptocurrency #finance #crypto

🚀Polygon has announced the launch of Polygon Bridge for Polygon zkEVM, allowing users to withdraw funds from Ethereum mainnet in 30-60 minutes while supporting ERC-20 and ERC-777 extensions.

🟢 Previously, Polygon zkEVM was released as a beta version for the mainnet.

#Polygon #PolygonBridge #zkEVM #Ethereum #cryptocurrency #blockchain #beta #mainnet #finance

📌Kraken asks court to reject IRS request for identification of its crypto clients

#Kraken #IRS #crypto #finance #exchange #identification #cryptoclients

💸Banks of the "Big Four" in the US have a total of $211.5 billion in unrealized losses, with a third attributed to Bank of America!

Regional banks are being liquidated due to small deposit bases, but as we can see, even large banks have similar holes.

To appear stronger, banks are changing the classification of their bonds from "Available for Sale" to "Held-to-Maturity".

#banks #BigFour #BankofAmerica #finance #losses #liquidation #deposits #bonds