Category: month
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Bankrupt Crypto Lender BlockFi to Commence Repayments This Month
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BlockFi, a bankrupt cryptocurrency lender, has announced a major step in its efforts to repay its customers. In a post on X on Wednesday, the lender noted that the first interim distribution of funds to customers through Coinbase will begin this month. According to BlockFi, the temporary distribution will take…
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Rent is dropping, but renters still pay $300 more per month than before the pandemic
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For years, the feeling has been that rents are out of control. And that’s partly true, as median rents today are 21% higher than they were in 2019. But rents have started to decline slightly. Asking rents fell just 0.4% year-over-year in June, but before you get too excited, the…
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BlockFi To Start Interim Crypto Distributions Through Coinbase This Month For Its American Users
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Main Takeaways BlockFi, a prominent crypto lender, filed for Chapter 11 bankruptcy in November 2022 due to its significant exposure to the collapse of FTX and Alameda Research. The company’s repayment plan, which aims to settle debts with about 10,000 creditors, has been approved by 90% of voting creditors. BlockFi…
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BlockFi To Start Interim Crypto Distributions Through Coinbase This Month For Its American Users
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Main Takeaways BlockFi, a prominent crypto lender, filed for Chapter 11 bankruptcy in November 2022 due to its significant exposure to the collapse of FTX and Alameda Research. The company’s repayment plan, which aims to settle debts with about 10,000 creditors, has been approved by 90% of voting creditors. BlockFi…
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Elon Musk said to commit around $45M per month to pro-Trump Super PAC: reports
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Abu Gomez/Getty Images News Elon Musk, the tech company’s CEO, plans to contribute about $45 million a month to a super PAC that backs President Trump, the Wall Street Journal reported, citing people familiar with the matter. Musk, who leads Tesla (NASDAQ: Tesla), SpaceX (space), xAI and X, are backing…
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Donald Trump to Take Stage at Bitcoin Conference This Month
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Former US President and current Republican presidential candidate Donald Trump is set to speak at one of the biggest cryptocurrency events this month. Tweet from the official Bitcoin X conference account open US President Donald Trump announced on Thursday that he will be one of the speakers at the event…
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Donald Trump to Take Stage at Bitcoin Conference This Month
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Former US President and current Republican presidential candidate Donald Trump is set to speak at one of the biggest cryptocurrency events this month. Tweet from the official Bitcoin X conference account open US President Donald Trump announced on Thursday that he will be one of the speakers at the event…
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Bitcoin Whales Sold $1.7 Billion In BTC Last Month: Data
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On-chain data shows that Bitcoin whales have been participating in a significant net distribution over the past month, which could fuel Bitcoin’s bearish momentum. Bitcoin Whales Sell Amid Bear Market As analyst Ali pointed out in a new article, mail On X, BTC whales have been selling recently. The on-chain…
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Spot Bitcoin ETFs Saw Largest Inflow in a Month
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Bitcoin exchange-traded funds (ETFs) in the United States saw their largest daily inflow in nearly a month on Monday, totaling $129 million. Based on historical price trends, bitcoin looks set to start July on a bullish note. New: ?? #Bitcoin ETFs saw $130 million in inflows yesterday, the largest in…
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Increasing speculation of a PBOC RRR cut this month or next
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There are some expectations that the People’s Bank of China will cut the reserve requirement ratio this month, or in August, to boost long-term liquidity and support bond buying. The People’s Bank of China may adopt measures such as cutting the reserve requirement ratio (RRR) to provide sufficient liquidity to…
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MUFG: BOJ likely to raise rates next month, MOF under pressure to intervene
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USD/JPY daily MUFG highlights the yen’s recent weak trend and expects the Bank of Japan to raise interest rates at next month’s meeting. At the same time, the Finance Ministry faces increasing pressure to intervene in currency markets to prevent the yen from further depreciating beyond critical levels. the main…
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A projection for “wider and higher ranges for AUD in the month ahead”
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Snapshot note via Westpacon and their view on the Australian dollar. Briefly: We expect wider and higher ranges for the Australian dollar next month. Volatile French policy will have an impact on the global risk climate, but a resumption of encouraging disinflation trends in the US and renewed interest rate…
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Stocks cap another winning month, S&P 500 logs best May since 2003
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Shares of Trump Media and Technology Group (DJT), the parent company of former President Donald Trump’s social media platform, Truth Social, rallied from losses in extended hours trading to rise about 6% early Friday after Trump. He was found guilty on all 34 counts of falsifying business records with the…
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Federal Reserve’s preferred inflation gauge eased last month for the first time in 2024
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WASHINGTON (AP) — The Federal Reserve’s closely watched price gauge fell slightly last month, a sign that inflation may be easing after rising in the first three months of this year. Friday’s report from the Commerce Department showed that prices, excluding volatile food and energy categories, rose 0.2% in the…
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96% of PEPE holders in profit after month long rally
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Thanks to a stunning price surge over the past month, Pepe (PEPE) is now the most profitable token among the leading meme coins. According to data provided by IntoTheBlock, more than 96% of PEPE holders are currently making profits thanks to the 91% rise in the asset’s price over the…
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Pepe soars to new all-time high, surges 98.8% in a month
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Pepe (PEPE), the popular frog-themed coin, continued its bull streak, rising more than 10%. Over the past few days, the price of Pepe has been rising, hitting all-time highs (ATHs) several times. In the past 24 hours, Pepe’s price jumped more than 10%, reaching $0.00001577, marking a new ATH and…
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Solana Meme Coin Penguiana Raises 800 SOL In The First 7 Days Of Presale, Set To Release P2E Game Demo Next Month By Chainwire
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Dubai, United Arab Emirates, May 10, 2024, Chainwire Bengoyana, the latest penguin-themed meme coin, managed to collect more than 800 soles during the first week of pre-sale. The Penguiana team views the growing interest in this new meme, driven by this impressive milestone, as evidence of its potential within the…
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Employment trends for April 111.25 versus 112.16 last month (revised from 112.84).
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High risk warning: Foreign exchange trading involves a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience and risk tolerance. You may lose some or all…
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Forexlive Americas FX news wrap 3 May: US jobs report weaker than expectations this month.
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US March employment data came in below expectations at 175K versus estimates of 243K. The prior month was revised higher to 315K from the previously reported 303K. The unemployment rate rose to 3.9% from 3.8%, while average hourly earnings reached 3.9% year over year, the lowest level since 2021. The…
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UK House Prices Decline for Second Consecutive Month Amidst Rising Mortgage Rates
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UK house prices fell significantly in April, recording the biggest fall since last summer, as rising mortgage interest rates restricted the purchasing power of potential buyers. According to Nationwide Bank, the main lending bank, house prices fell by 0.4 per cent last month, marking the second consecutive monthly decline and…