Lookonchain APP

App Store
Feeds Articles

US inflation hits 3-year high, likely reinforcing expectations of Federal Reserve interest rate hikes this year.

2 hours ago

U.S. inflation rose to 4.1% in May, hitting its highest level in over three years, while consumer spending grew by 0.3%, signaling resilient demand. Meanwhile, first-quarter GDP was revised up to 2.1%. Analysts noted that these stronger figures are likely to reinforce market expectations that the Federal Reserve will raise interest rates later this year.

Source
Add to Favorites Download image Share x Copy link
Relevant content

CryptoQuant Head of Research: Strategy Should Suspend Bitcoin Purchases to Rebuild Cash Reserves

CryptoQuant Head of Research Julio Moreno has advised Strategy to suspend Bitcoin purchases and prioritize rebuilding its cash reserves to enhance financial flexibility. Moreno noted that Strategy’s cash reserves have dropped by 38% this year, its annual dividend obligations have risen to around $1.2 billion, its dividend coverage period has shrunk from multiple years to just 14 months, and it faces $10.6 billion in unrealized losses on its Bitcoin holdings.

1 seconds ago

Ondo Launches 24/7 Minting and Redemption Services for Tokenized Stocks

Ondo announces the official launch of 24/7 instant minting and redemption services for U.S. tokenized stocks and ETFs. Previously, the platform only offered minting and redemption windows 24 hours a day, five days a week (24/5). Following this upgrade, eligible users can mint or redeem supported tokenized assets at current market prices at any time, including weekends and U.S. public holidays. The first batch of assets supporting 24/7 instant minting and redemption includes six tokenized stocks: SPYon, QQQon, CRCLon, NVDAon, TSLAon, and GOOGLon. These assets are now live on Ethereum and BNB Chain, with Solana support set to launch soon.

1 seconds ago

Bitcoin rebounds after flash crash, breaks through $60,000, surging over 3% in the past hour.

According to HTX market data, Bitcoin saw a 4.8% flash crash tonight before a sustained rebound, breaking through the $60,000 level to currently trade at $60,004.00, with gains exceeding 3% in the past hour.

1 seconds ago

Agent of 'BTC OG Insider Whale' Incurs $21.12 Million Unrealized Loss on 5x Bitcoin Long Position

On-chain analyst Ai Yi (Twitter handle @ai_9684xtpa) monitored that Garrett Jin, the agent of the so-called "BTC OG insider whale", holds a 5x long Bitcoin position with an unrealized loss of $21.12 million. The entry price of Garrett Jin’s 1268.33 BTC long position is $76,117, with a mark price of $59,466 and a liquidation price of $16,962.

1 seconds ago

Over a dozen Polymarket users fell victim to phishing attacks, with total losses of $2.94 million.

According to monitoring by @SpecterAnalyst, hackers have carried out phishing attacks targeting Polymarket users, with estimated total losses hitting $2.94 million as of now. The attackers have drained funds from more than 11 victim wallets holding PUSD, converted the stolen assets into ETH, and consolidated the funds into the following address: 0xe65b1C586757c5510B60F998Eebb14C1eF71E1eD

1 seconds ago

A ruling in the case of Federal Reserve Governor Cook is expected to be announced next week.

Market News: As the U.S. Supreme Court completes drafting its opinion, the ruling in the case involving Federal Reserve Governor Cook is expected to be announced next week.

1 seconds ago

Hot feeds

A trader profits $448K by monitoring #Binance's new listings!

2024.12.13 17:37:29

Last week, funds have flowed into #Bitcoin, #Ethereum, and #Hyperliquid.

2024.12.16 14:48:36

A $PEPE whale that had been dormant for 600 days transferred all 2.1T $PEPE($52M) to a new address.

2024.12.14 10:35:27

When Elon Musk tweeted about Moltbook, the meme coin MOLT experienced a short-term 30% price surge, hitting a new all-time high of $114 million.

2026.01.31 18:37:29

A smart #AI coin trader made $17.6M on $GOAT, $ai16z, $Fartcoin,$arc.

2025.01.05 16:05:18

A sniper earned 2,277 $ETH ($8.3M) trading $SHIRO within 18 hours!

2024.12.03 23:09:08

 More

Hot Articles

Follow us

X

Follow

Telegram

Join