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July 14, 2024 Weekly: Latest Updates and Insights U.S. June Unadjusted Core CPI Annual Rate Announced at 3.3%, Below Expectation: The U.S. Bureau of Labor Statistics announced that the unadjusted annual core CPI rate for June 2024 was 3.3%, lower than the expected 3.4% . This marked a slowdown in the pace of core inflation, which excludes […]
JULY 7, 2024 Joe Biden Campaigns in Battleground State as Democrats Debate his Future: Joe Biden campaigned in a battleground state amid growing concerns within the Democratic Party about his future in the 2024 presidential election, but he remains committed to his candidacy and has launched a series of campaign initiatives to demonstrate his fitness
The tokenization of real-world assets (RWAs) is rapidly reshaping the landscape of decentralized finance (DeFi). By converting tangible assets like real estate, art, and financial instruments into digital tokens, RWAs bridge the gap between traditional financial markets and the blockchain ecosystem. This integration unlocks new opportunities for liquidity, accessibility, and financial inclusion while also presenting
Real-World Assets (RWAs) Revolutionizing Decentralized Finance (DeFi) Read More »
July 07, 2024 Weekly: Latest Updates and Insights Mt. Gox Begins Bitcoin and Bitcoin Cash Repayments to Creditors: Mt. Gox has announced the commencement of repayments in Bitcoin and Bitcoin Cash to some creditors as of July 5, 2024, following the rehabilitation plan. Repayments to additional creditors will be expedited once specific conditions are met,
JULY 1, 2024 The Global Financial System is in Danger of Fragmenting: The global financial system is at risk of fragmenting, as rising geopolitical tensions and unilateral regulatory actions by jurisdictions threaten to trap capital, liquidity, and risk in local markets, creating financial and operational inefficiencies that could undermine economic growth and job creation. Experts
June 30, 2024 Weekly: Latest Updates and Insights VanEck’s Application for Solana ETF: VanEck has submitted an application to the SEC for the first Solana ETF, arguing that Solana (SOL) should be classified as a commodity rather than an unregistered security, similar to Bitcoin and Ethereum. Despite skepticism regarding the approval of this application in
JUNE 24, 2024 Will Debt Sink the American Empire?: While the growing US national debt is a significant long-term concern, it is unlikely to directly “sink the American empire” in the near future. However, the debt trajectory could gradually erode US global influence and economic power if not addressed through bipartisan fiscal reforms. The US
June 23, 2024 Weekly: Latest Updates and Insights Neel Kashkari Discusses Interest Rates and Economic Outlook on “Face the Nation”: In a recent interview on “Face the Nation,” Minneapolis Federal Reserve President Neel Kashkari addressed the decision to maintain unchanged interest rates, emphasizing the need for further evidence to confirm inflation’s trajectory towards the 2%
JUNE 17, 2024 Stung by Past Mistakes, a Wary Fed Takes Its Time: The Federal Reserve, scarred by past policy missteps, is adopting a cautious and deliberate approach to adjusting interest rates, determined not to repeat historical errors that have had severe economic consequences. Wary of prematurely easing or overshooting in the opposite direction, the
June 16, 2024 Weekly: Latest Updates and Insights Inflation Cools in May, Federal Reserve Holds Rates Steady: The U.S. Consumer Price Index (CPI) report for May, set to be released on June 12, is anticipated to demonstrate a year-over-year inflation rate of 3.4%, unchanged from April, as lower energy prices and stable food costs are
