June PPI Misses Forecast by 0.7 Points, Boosting Rate Cut Expectations
June PPI came in at -0.3% month over month against a consensus of 0.0%, and 5.5% year over year versus an expected 6.2%. The downside surprise followed softer-than-expected CPI data, prompting investors to reassess expectations for the Federal…
June CPI Beat Sparks Bitcoin Surge, but the Fed’s September Hike Looms
June CPI fell a seasonally adjusted 0.4% month-over-month, the steepest monthly drop since April 2020, pulling the annual inflation rate to 3.5% against a Dow Jones consensus of 3.8%, and Bitcoin responded with an immediate push higher after the print.…
Housing bill that includes a CBDC ban passed into law without Trump's signature
The 21st Century ROAD to Housing Act, which includes a provision that bans the Fed from issuing a CBDC, has become law.
Trump Won't Sign Housing Bill With CBDC Ban—Will It Become Law Tonight Anyway?
Law and Order
Sam Altman ChatGPT AI Predicts Shocking Bitcoin Price by End of 2026
Sam Altman ChatGPT AI just framed Bitcoin’s current price prediction slump as the setup line before the next major leg rather than the start of something worse. The model predicts a climb into the $120,000 to $150,000 range by the end of 2026, with…
Bitcoin Cheaper Than 90% of Its History Right Now, Says Big Print Author Lawrence Lepard
Lawrence Lepard, investment manager and author of “The Big Print,” told RE:Bitcoin host Chase Palmieri that the U.S. Federal Reserve under chair Kevin Warsh is running a deliberate deception on markets, and that bitcoin near $59,000 sits in one of its…
Senate’s 60-Vote Gap Looms Over CLARITY Act Before August Recess
The House Financial Services Committee has scheduled back-to-back hearings on July 14 and July 17, one covering Federal Reserve monetary policy, the other focused directly on the CLARITY Act. This is giving supporters of comprehensive crypto regulation…
Bitcoin Price Rises Above $65,000 as ETF Outflows Slow, Iran Deal and Fed Pull in Opposite Directions
Bitcoin Magazine Bitcoin Price Rises Above $65,000 as ETF Outflows Slow, Iran Deal and Fed Pull in Opposite Directions Bitcoin price climbed above $65,000 Monday morning, caught between a sixth straight week of spot ETF outflows, a hawkish Federal…
Post-FOMC Anxiety in a Kevin Warsh Fed Era: Why Bitcoin’s $62K Dip Is the New Normal
During this week’s FOMC meeting, the Federal Reserve dropped cautious hints about future interest rates. Prediction markets are currently pricing in a greater than 50% chance of at least one more rate hike before the year ends. This persistent…
Senate CLARITY Act Faces 3 Blockers With Under 9 Days Until July 4 Recess
Senator Bill Hagerty told FOX Business on June 18 that he still hopes the Digital Asset Market Clarity Act can clear the Senate before the July 4 recess, even while conceding the bill may slip past Independence Day. His optimism lands against a wall of…