Monday saw a slight increase in U.S. Treasury yields as investors braced themselves for this week’s Federal Reserve policy meeting. At 4.277%, the yield on the benchmark 10-year Treasury note increased by 3.1 basis points. The 30-year Treasury bond yielded 4.35%, which was 2 basis points higher. Price movement is inverse for yields. Traders are…
Industry executives hailed the beginning of a new bull market, with an increasing number of voices predicting new all-time highs for Bitcoin above $100,000 in 2024. This year, Bitcoin has increased in value by over 120%, and many people are optimistic that this trend will continue until 2024. According to Ledger CEO Pascal Gauthier, “It…
According to flash data released on Thursday, annual inflation in the euro zone fell to 2.4% in November from 2.9% in October. A reading of 2.7% was anticipated by Reuters polling economists. The European Central Bank’s closely watched core inflation rate, which takes into account only the volatile effects of food, energy, alcohol, and tobacco,…
After Binance was hit with a historic settlement by the U.S. Department of Justice, the crypto industry can finally close the chapter on a long list of scandals and issues, according to Coinbase CEO Brian Armstrong on Monday. Armstrong stated, “We’re able to kind of close that chapter of history and turn the page on…
