Altcoin Volume Slumps 80% Amid ‘Tighter’ Monetary Conditionshttps://t.co/AhS6BVik88 ...

Ethereum’s price doesn’t care about Ethereum, says top investment firm Bitwise. What it cares about is Bitcoin and a sprinkling of monetary conditions. The world’s second most valuable blockchain hosts over $162 billion in stablecoins — more than half the global total — according to DefiLlama. US regulators have passed crypto-friendly regulation that should benefit Ethereum. Tokenised real-world assets worth $15 billion run on the network, while institutional access has improved through spot exchange-tr ...

Hungary’s central bank affirmed its preference for tight monetary conditions and a stable currency after a push by Prime Minister Viktor Orban’s government to lower interest rates sank the forint https://t.co/fEfaNVmXuc ...

The U.S. economy expanded at a much faster pace than initially estimated last quarter, according to new Commerce Department data released Thursday. Gross domestic product grew at a 3.8% annual rate in the April–June period, topping both the government’s previous 3.3% estimate and the initial 3% reading. It was the strongest showing since the fall of 2023, underscoring the economy’s resilience despite high borrowing costs and persistent inflation. It comes amid a flurry of revisions of major economic dat ...