π° Inflation cooling provides relief despite Middle East volatility
June's Consumer Price Index rose 3.5% year-over-year, coming in softer than the expected 3.8% and cooling significantly from May's 4.2% rate.
This disinflationary data, driven partly by a retreat in energy prices last month, has fueled investor hopes that the Federal Reserve may adopt a less hawkish stance in its upcoming policy meetings.
June's Consumer Price Index rose 3.5% year-over-year, coming in softer than the expected 3.8% and cooling significantly from May's 4.2% rate.
This disinflationary data, driven partly by a retreat in energy prices last month, has fueled investor hopes that the Federal Reserve may adopt a less hawkish stance in its upcoming policy meetings.
π¨πΊπΈ Big moment for crypto regulation: Fed Chair Kevin Warsh just confirmed the Fed is βracingβ to meet Saturdayβs deadline under the GENIUS Act, the first comprehensive U.S. stablecoin law.
Rules will cover oversight, custody, and banking integration for payment stablecoins.
After a year since signing, clarity is finally coming. This is how digital assets move into the mainstream.
https://x.com/i/status/2077099408790102175
Rules will cover oversight, custody, and banking integration for payment stablecoins.
After a year since signing, clarity is finally coming. This is how digital assets move into the mainstream.
https://x.com/i/status/2077099408790102175
β’οΈ Lucid $LCID stock just went crazy today: dropped 58% on a bankruptcy rumour, then rocketed back up 94% from the lows when the company denied it. All in minutes on unconfirmed info.
This kind of move screams possible manipulation or insider trading. Regulators need to check who made a fortune today.
This kind of move screams possible manipulation or insider trading. Regulators need to check who made a fortune today.
π BIG MOVE from Wall Street: Morgan Stanley ($9T+ AUM) just updated its S-1 filings for spot Ethereum & Solana ETFs, ultra-low 0.14% fees, staking included, tickers $MSSE & $MSOL locked in.
Institutional capital loading up? $ETH & $SOL about to see fresh inflows?
https://x.com/i/status/2077190494799704417
Institutional capital loading up? $ETH & $SOL about to see fresh inflows?
https://x.com/i/status/2077190494799704417
π¨π³ JUST IN: Al startup @deepseek_ai is gearing up for a mainland China IPO, targeting a 2027 listing.
@Bloomberg reports it's also in talks to raise new funds at a ~$71B valuation.
The company plans to launch its V4 model this month and is building its own Al chips to cut reliance on outside suppliers.
At this valuation, it would be China's most valuable Al firm heading public.
@Bloomberg reports it's also in talks to raise new funds at a ~$71B valuation.
The company plans to launch its V4 model this month and is building its own Al chips to cut reliance on outside suppliers.
At this valuation, it would be China's most valuable Al firm heading public.
ETF Momentum is BACK!
πΊπΈ US spot ETFs just pulled in serious capital on July 14:
$BTC β +$181M
$ETH β +$58M
Institutions are loading up. Bull run reloading? π
πΊπΈ US spot ETFs just pulled in serious capital on July 14:
$BTC β +$181M
$ETH β +$58M
Institutions are loading up. Bull run reloading? π
π°π· Korean stocks are on fire! π₯
$KOSPI just added ~$275B in value today as tech giants led the charge. SAMSUNG surged 7.7% & $SKHY rocketed 13.1%, one of the strongest sessions this year amid AI chip demand rebound. π
$KOSPI just added ~$275B in value today as tech giants led the charge. SAMSUNG surged 7.7% & $SKHY rocketed 13.1%, one of the strongest sessions this year amid AI chip demand rebound. π
π―π΅ Japanese asset manager SBI Global has tokenised its high-dividend equity strategy on @solana via DigiFT's JX token.
This marks the first time such a listed-equity product from Japan is available on-chain for accredited investors. The launch follows strong growth in tokenised real-world assets (RWAs) worldwide.
This marks the first time such a listed-equity product from Japan is available on-chain for accredited investors. The launch follows strong growth in tokenised real-world assets (RWAs) worldwide.
π¨ BREAKING: πΊπΈ US PPI came in at 5.5%, lower than the expected 6.2%.
Core Inflation is cooling down. Bullish for the markets. π
Core Inflation is cooling down. Bullish for the markets. π