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Fed's Williams: Impact of Middle East Conflict Will Boost Headline Inflation, But Have Little Effect on Core Inflation

2 hours ago

On April 7th, New York Fed President William Williams stated that Iran tensions are pushing up overall inflation. The Federal Reserve remains focused on core inflation, which has seen little change despite the Middle East conflict. Inflation is projected to be around 2.75% this year, with tariffs still a key factor in the inflation outlook. Currently, monetary policy is in a favorable "wait-and-see" position.
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Spot Silver Plunges 4.00% Intraday, Now Trading at $69.87 per Ounce

April 7th: Spot silver plunged 4.00% intraday, currently trading at $69.87 per ounce, according to Bitget data.

4 minutes ago

Morgan Stanley Bitcoin Spot ETF Set to List on April 8

Bloomberg ETF analyst Eric Balchunas tweeted on April 7 that Morgan Stanley’s Bitcoin ETF—MSBT—appears set to launch tomorrow (Wednesday, April 8) per a New York Stock Exchange (NYSE) listing notice.

4 minutes ago

Bitcoin drops below $68,000, 24-hour decrease of 2.86%

Data from HTX shows Bitcoin dipped below $68,000 on April 7, with a 24-hour drop of 2.86%—it’s currently trading at $67,876.

4 minutes ago

A whale is suspected to have sold 441,000 LINK via GSR Markets, with a holding period of nearly two years resulting in an estimated loss of $1.77 million

On April 7th, on-chain analyst Ai Auntie (@ai_9684xtpa) noted that a whale moved 441,000 LINK to GSR’s Binance deposit address 10 minutes prior—valued at $3.84 million. Tracing the funds’ origin, they stemmed from two addresses that withdrew LINK from Binance between June and October 2024 at an average price of $12.7. This deposit’s entry price was $8.69, marking a 32% drop in the asset’s value over two years, with an estimated loss of $1.77 million.

4 minutes ago

US Stock Market's Three Major Indexes Open Lower, Cryptocurrency Stocks See Synchronized Decline

April 7 — U.S. stocks opened with modest losses Wednesday, while cryptocurrency-linked equities saw broader declines, per Bitget market data. **Key index moves at the opening:** - Dow Jones Industrial Average: -0.2% - S&P 500 Index: -0.18% - Nasdaq Composite: -0.3% **Selected crypto stock declines:** - Coinbase (COIN): -2.09% - Circle (CRCL): -2.33% - MicroStrategy (MSTR): -1.61% - Gemini (GEMI): -0.92% - Bit Digital (BTBT): -2.82% - SharpLink Gaming (SBET): -3.13% - ALT5 Sigma (ALTS): -1.72% - American Bitcoin (ABTC): -1.66% - Kindly MD (NAKA): -0.55% - Solana Co (HSDT): -2.63% *(Note: Original data included a duplicate Bit Digital (BTBT) entry with a -2.57% drop)*

4 minutes ago

Robinhood has listed RAY

Update: On April 7, Robinhood listed Raydium (RAY), per official sources. Market data shows RAY climbed roughly 3% after the news broke.

4 minutes ago