Dow and S&P 500 rise as oil falls, and crypto is watching closely

Lower oil prices could spur growth in equities and crypto by easing inflation fears, reducing monetary tightening, and broadening market leadership. The post Dow and S&P 500 rise as oil falls, and crypto is watching closely appeared first on Crypto Briefing.

Raiffeisen Bank International boosts stake in Strategy by 3,080%

RBI’s significant stake increase in Strategy Inc highlights a growing trend of banks seeking indirect Bitcoin exposure, impacting crypto investment strategies. The post Raiffeisen Bank International boosts stake in Strategy by 3,080% appeared first on Crypto Briefing.

Fed’s Kansas City President Says Rates Aren’t High Enough to Beat Inflation

Kansas City Federal Reserve President Jeff Schmid said Tuesday that monetary policy is not restrictive and that returning inflation to 2% will require tighter policy. His remarks came less than a week after the Fed held interest rates at 3.50%-3.75%, a decision that three officials opposed, favoring a quarter-point hike. Schmid Sees No Restriction in […]

Pi Network tests triangle breakout as RoboPay partnership boosts adoption

Key takeaways Pi Network is testing a breakout from a short-term triangle near $0.085. RoboPay has added Pi Network as a payment partner for robot-based services. PI futures Open Interest increased to $8.82 million, indicating steady speculative demand. Pi Network (PI) edges higher on Wednesday as the token attempts to break out of a short-term […]