U.S. PPI

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Cointelegraphยท 2025-07-17 03:30
Cryptocurrency & Blockchain - Coinbase Wallet rebranded to "Base app", integrating chat, app discovery, trading, and earning features [1] - El Salvador's President Bukele discussed Bitcoin mining, reserves, and education with Pakistan's Minister of Crypto [1] - Windtree Therapeutics plans a $200 million $BNB crypto treasury strategy, a first for NASDAQ-listed companies [1] - PayPal to expand its $PYUSD stablecoin to the Arbitrum network [3] - Ripple partnered with Ctrl Alt to expand global custody into the Middle East, supporting Dubai's Real Estate Tokenization Project on XRP Ledger [3] - Vitalik Buterin emphasized minimalism for L2 success, leveraging Ethereum's security [3] Monetary Policy & Economic Indicators - Market anticipates a 63% probability of a Federal Reserve rate cut in September [4] - U S PPI fell to 2 3%, below expectations [4] - Trump advocated for a 3 percentage point rate cut by the Fed, projecting $1 trillion in annual savings [4] - Trump criticized Jerome Powell as a "terrible Fed chair" due to high interest rates and Fed spending, but stated he has no plans to fire him [2]