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Crypto market reacts flatly to Powells dovish stance, Bitcoin consolidates below $58,000
Odaily·2024/07/11 02:43
Market Dynamics on July 11: Rebound Nearing its End, Market Awaits CPI Data
Bitget·2024/07/11 02:22

Bitcoin needs to surpass $58,000 to restore bullish trend
Cryptobriefing·2024/07/10 22:55

On the Margin Newsletter: Crypto may seem down, but here’s why analysts remain optimistic
Meanwhile, stocks rally after Jerome Powell finishes his Capitol Hill tour
Blockworks·2024/07/10 21:55
Bitcoin price faces major ‘summer of 2021’ style correction despite BTC whale buying
Cointelegraph·2024/07/10 18:22

Chances of a September rate cut increase for Federal Reserve
Share link:In this post: Jay Powell addresses the Senate with an update on his outlook for the economy. The Fed is scared of making a slightly wrong move, because it could tumble the economy. QCP expects softer CPI figures that would boost the crypto market that has remained surprisingly resilient.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research
Cryptopolitan·2024/07/10 17:28

Will Solana (SOL) Experience a Strong Bearish Trend Soon?
Newscrypto·2024/07/10 16:43

Will Avalanche (AVAX) Rebound to $30 This Week?
Newscrypto·2024/07/10 16:43

The bull market will not disappear until you no longer believe that this is a bull market.
Odaily·2024/07/10 14:23

Flash
19:31
Fed's Daly: Providing forward guidance is not appropriate at this timeGolden Ten Data reported on June 5 that Federal Reserve’s Daly stated that the current monetary policy is in a good position, but the economic situation is too uncertain to clearly indicate the direction of interest rates. Daly mentioned that providing forward guidance is not appropriate at the moment because it is impossible to predict how the economy will develop. The most concerning issue now is inflation, with the main focus on rising energy and food prices. Bringing the inflation rate back to target is the Federal Reserve’s top priority. Daly also said that, although there is currently no clear evidence in economic data that artificial intelligence has boosted productivity, she remains optimistic about the technology and believes 2027 will be a litmus test; at the same time, she has not identified any financial stability concerns related to AI investments.
19:31
The president of Anthropic believes that high computing costs are the main driver for the company's IPO.Amodei believes that "training AI models is an extremely capital-intensive business," and that the public market "is very well suited to this characteristic." Expand
19:07
National Healthcare Corporation (NHC) recently completed a strategic acquisition, successfully bringing five skilled nursing facilities under its umbrella for a total price of 50.5 million dollars.This transaction marks an important step for NHC in expanding its professional care service network, further consolidating its market position in the healthcare sector. Through this acquisition, NHC has not only strengthened its service capabilities but also optimized its regional layout, laying a solid foundation for future business growth.
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