Pacific Investment Management Company (PIMCO), a leading US bond manager, has warned that the Federal Reserve may need to raise rates rather than cut them. This comes as the US-Iran war drives inflation higher and undermines the central bank’s 2% target. Wall Street Heavyweights Warn Against Fed Easing Path CIO Dan Ivascyn said Iran’s closure […]
A long-dormant whale woke up Sunday, moving millions worth of bitcoin on-chain.
Robin Brooks, Senior Fellow at The Brookings Institution and former Chief FX Strategist at Goldman Sachs, believes the Brazilian Real is poised to grow, as the currency’s value has been consistently rising since 2025. Two key drivers will benefit the Brazilian real: the end of the Middle East conflict and the rising uncertainty in the […]
The pause in large-scale strikes may ease immediate energy market tensions, but ongoing ground conflict and diplomatic challenges persist. The post Russia refrains from massive strikes on Ukraine since May 9 ceasefire appeared first on Crypto Briefing.
The S&P 500’s heavy reliance on AI stocks raises concerns about market concentration and vulnerability to shifts in AI sector performance. The post S&P 500 gains 142% with AI stocks, just 16% without them appeared first on Crypto Briefing.
Bitcoin briefly dipped before surging over $82,000 on Sunday as US President Donald Trump rejected Iran’s counteroffer to a peace deal, which could prolong tension in the Middle East. “I don’t like it — TOTALLY UNACCEPTABLE, Trump said in a post to Truth Social on Sunday after reading Iran’s proposal to end the war. Iran has previously requested that the US pay for war reparations and unfreeze blocked Iranian financial assets.Bitcoin (BTC) fell from $81,430 to $80,520 within 45 minutes of Trump’s post before whipsawing nearly 2.3% to $82,347 less than three hours later, according to CoinGecko data. Bitcoin’s rise also resulted in nearly $64 million worth of short positions being wiped out over the last four hours, according to Coinglass data.Bitcoin’s change in price over the last 24 hours. Source: CoinGeckoThe US-Iran war and dispute over control of the Strait of Hormuz — which handles one-fifth of oil trade — has caused significant disruption in the financial markets over the past ten weeks, particularly in oil markets, which rose another 4.6% to $98.7 per barrel on Trump’s latest comments.The S&P 500 futures index has risen 0.13% since the market opened about two hours after Trump’s post.Trump’s refusal to accept Iran’s counteroffer dashes hopes of an imminent end to the war on Wednesday. Israeli Prime Minister Benjamin Netanyahu also said the war won’t be over until Iran’s uranium sites are dismantled.Source: Rapid Response 47 Bitcoin could see more regulatory momentum in US this weekBitcoin’s strength at the $80,000 level could be supported by two favorable decisions in the US Senate this week, 10x Research CEO Markus Thielen told Cointelegraph.“Two catalysts stand out this week,” a Senate vote on Monday for Kevin Warsh’s confirmation as Federal Reserve chair and the Senate Banking Committee’s markup on the CLARITY Act on Thursday, Thielen said.Related: Bitcoin price may dip toward $70K as Fed estimates hotter inflation print Thielen noted that while “Warsh is widely regarded as more hawkish on inflation” than the current Fed Chair, Jerome Powell, his confirmation would remove “uncertainty overhang.”Thielen described the CLARITY Act as the “most significant piece of crypto legislation in years,” adding that it could be a “turning point for regulatory certainty across digital assets.” “Both events lean bullish for Bitcoin: regulatory clarity reduces institutional friction, and a smooth Fed leadership transition avoids the policy uncertainty that typically pressures risk assets.”Bitcoin up 29.7% since the US-Iran war beganDespite the US-Iran conflict, Bitcoin has now risen 29.7% since the US-Iran conflict started on Feb. 28, when a US airstrike killed Iran’s Supreme Leader Ayatollah Ali Khamenei.Bitcoin has outperformed the S&P 500 and gold since the US-Iran war started, clawing back some lost ground from October when Bitcoin hit a high of $126,080.Magazine: Adam Back says current demand is ‘almost’ enough to send Bitcoin to $1M
Bitcoin’s surge highlights its evolving role as a macroeconomic asset, potentially attracting more institutional interest amid favorable conditions. The post Bitcoin briefly surpasses $82K amid macroeconomic shifts; SUI up 25% appeared first on Crypto Briefing.
SoftBank’s battery venture could reshape AI infrastructure by addressing energy constraints, enhancing scalability, and reducing reliance on traditional power grids. The post SoftBank plans large-scale battery cell manufacturing for AI services appeared first on Crypto Briefing.
The KOSPI’s potential surge highlights South Korea’s pivotal role in the AI-driven memory chip market, but geopolitical risks loom large. The post JPMorgan raises KOSPI bull case target to 8,500 on memory chip boom, and crypto may feel the squeeze appeared first on Crypto Briefing.
Ethereum price started a fresh increase above the $2,320 zone. ETH is now consolidating and might struggle to continue higher above the $2,385 resistance. Ethereum started a decent upward move from the $2,265 zone. The price is trading above $2,320 and the 100-hourly Simple Moving Average. There is a bullish trend line forming with support […]
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