New York Fed’s Williams says yield surge due to strong economic prospects
New York Fed President John Williams said higher Treasury yields reflect a strong economy as he weighs whether another interest rate hike is needed.
Source: www.cnbc.com
New York Fed President John Williams said higher Treasury yields reflect a strong economy as he weighs whether another interest rate hike is needed.
Source: www.cnbc.com
SharpLink CEO Joseph Chalom has come out against EIP-8363. This Ethereum proposal would burn validator rewards as the staking ratio rises, warning that the change would weaken decentralized finance and erase ETH’s native yield advantage over Bitcoin (BTC). Joseph Chalom, a former BlackRock executive, laid out the opposition on Friday. Analysts, however, doubt the draft…
Hashdex plans to put some of the crypto held by its Nasdaq CME Crypto Index ETF (NCIQ) to work through staking. The sponsor takes the first slice of net income, while common shareholders begin sharing in the rewards after an annual threshold is cleared. The framework is prospective. A July 23 Form 8-K named Coinbase…
Gold (XAU) confirmed a fresh lower low on June 11, extending a downtrend that began at its $5,598 record. Market intelligence expert Clem Chambers warns the metal may keep falling like a spent rocket. The metal trades near $4,324, little changed on the day, after a US-Iran peace deal eased geopolitical tensions that powered its…