The yield on the 10-year U.S. Treasury note rose above 5%, reaching its highest level since 2007, as investors sold off government debt ahead of the Federal Reserve's upcoming interest rate decision. The market is pricing in a more than 92% chance of a 0.25% rate hike due to persistent inflation above the Fed's 2% target. This rise in yields reflects concerns about inflation and signals expectations of tighter monetary policy. The Federal Reserve's two-day meeting will be closely watched for its impact on interest rates and bond markets.
The JPMorgan International Value ETF (JIVE) has delivered impressive returns of 114% since its launch in September 2023, with nearly 22% year-to-date gains. However, it is rated Hold due to concerns about rising valuations, sector concentration—parti...
Ethereum remains steady around $2,540 after bouncing off the $2,500 support level. BitMine Immersion acquired 27,180 ETH last week, increasing its holdings to nearly 6 million ETH, about 4.9% of the total supply. US spot Ethereum ETFs attracted $197....
XRP Ledger's Batch V1.1 amendment has gained 27 of 35 validator votes, just one vote shy of the 80% needed to start its two-week activation process. The update allows users to combine up to eight transactions into one atomic operation, ensuring linke...
Bitcoin surged about 3% to over $79,000 after weeks of decline, driven by President Trump's optimistic remarks on a US-Iran deal and progress on the US Senate's Clarity Act, a key crypto regulation bill. Trump's comments also caused oil prices to fal...
Bitcoin fell below $78,000 after rising above $79,000, pressured by uncertainty over the U.S. Digital Asset Market Clarity Act and rising oil prices. The Senate is set to vote on the Clarity Act, which aims to clarify crypto regulation between the SE...
