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BingX Crypto & Financial News
24 Sept, 17:57edited
Federal Reserve Summary: - The rate decision was made unanimously - Many anticipate at least one additional rate cut in the future - Inflation remains elevated - Economic activity continues to expandBingX Crypto & Financial News
23 Sept, 10:05
OECD warns that expectations for AI investments may not be met. Planned capital expenditures by major technology and cloud computing firms continue to rise rapidly. Current investment plans anticipate substantial future profits, especially for semiconductor manufacturers. More details are available in the OECD's interim economic outlook report.
BingX Crypto & Financial News
23 Sept, 10:05
OECD updates forecast highlight key developments in the global economy, inflation trends, and monetary policy strategies. For further details, see the OECD Economic Outlook Interim Report.
BingX Crypto & Financial News
23 Sept, 10:05
The OECD projects that the Bank of Japan will increase its key interest rate to 2% by the end of 2027. Meanwhile, the Bank of England is expected to keep rates largely unchanged through 2027, with a possibility of a rate cut as the next move. The organization also forecasts that the Federal Reserve and the European Central Bank will implement one more rate hike this year before maintaining steady rates until 2027.BingX Crypto & Financial News
23 Sept, 10:05
The Organisation for Economic Co-operation and Development (OECD) has projected global GDP growth of 2.9 per cent in 2026, rising slightly to three per cent in 2027. China’s economy is expected to expand by 4.5 per cent next year and 4.2 per cent in 2027. In the Eurozone, GDP is forecast to grow by one per cent annually for the next two years. The United States’ economy is anticipated to increase by 2.2 per cent in 2026 and 2.1 per cent in 2027. India’s GDP forecast has been revised upward to 7.1 per cent for 2026. The United Kingdom’s economy is projected to grow by 1.1 per cent in 2026 and one per cent in 2027.BingX Crypto & Financial News
23 Sept, 10:05
Eurozone's economy signals recovery as composite PMI rises to 53.1 from 52; manufacturing remains steady at 52.7, while services PMI increases to 53 from 51.6.BingX Crypto & Financial News
23 Sept, 10:05
The correlation between the S&P 500 and U.S. 10-year Treasury yields has hit a record low for this century. Despite the sharp rise in yields, equities continue their upward trajectory under Trump’s administration.
BingX Crypto & Financial News
23 Sept, 10:05
Open interest in crypto futures on the Hyperliquid exchange hits a record $18 billion as trading activity surges, driven by increased leverage options of 50x to 100x.BingX Crypto & Financial News
22 Sept, 17:48edited
Glassnode Analyst: The Bitcoin price is exceeding its performance at the start of the previous two bull markets. Since touching a low 84 days ago, it has increased by 47%. The recovery has been more gradual in 2019 and 2023, with most of the growth occurring after this phase in both cycles.
BingX Crypto & Financial News
22 Sept, 17:48
Glassnode analyst notes that Bitcoin's current price is outperforming its previous early-stage bull market performance. Since reaching a low 84 days ago, BTC has increased by 47%. The rally has been slower compared to 2019 and 2023, with most growth occurring after this initial phase in those cycles.
BingX Crypto & Financial News
22 Sept, 15:31edited
Update #FOMO: BCH surged 20% following news of its upcoming futures listing on CME, with UNI also experiencing a slight uptick. Notably, approximately three hours prior to the announcement, BCH registered the highest increase in open interest on Coinbase, accompanied by significant buying activity on CEX. Meanwhile, tokens PYTH and LINK declined after news of partnerships—Pyth with Nasdaq and Chainlink with Infosys. Some traders opened long positions based on the news, while others sold immediately after the announcements.
BingX Crypto & Financial News
22 Sept, 15:31edited
Update #FOMO: BCH surged 20% following news of the upcoming futures listing on CME, with UNI also experiencing a slight uptick. Notably, approximately three hours prior to the announcement, BCH led open interest increases on Coinbase, prompting significant buy activity on centralized exchanges.Conversely, tokens PYTH and LINK declined after announcements of partnerships between Pyth and Nasdaq and Chainlink with Infosys. While some traders opened long positions in response, others quickly sold following the news.Careport Chart
BingX Crypto & Financial News
22 Sept, 14:03
PYTH Network becomes an external distributor of Nasdaq Basic, integrating Nasdaq's real-time quoting and trading service for US stocks into the Pyth Data Marketplace.BingX Crypto & Financial News
22 Sept, 13:35
Bitcoin has closed above its 365-day moving average for the first time since March 2023, a key indicator that has historically signaled bullish momentum since 2019. The next resistance zone is estimated between $88,000 and $90,000.
BingX Crypto & Financial News
22 Sept, 13:31edited
Gnosis Pay to Cease Debit Card and Web Service Operations on December 20BingX Crypto & Financial News
22 Sept, 13:07edited
Infosys partners with Chainlink to accelerate on-chain institutional finance, leveraging infrastructure that supports over 1.7 billion customer accounts worldwide.BingX Crypto & Financial News
22 Sept, 12:32edited
CME Group to Expand Crypto Derivatives Offerings with Addition of UNI and BCHBingX Crypto & Financial News
22 Sept, 11:32edited
The European Central Bank plans to allocate its own resources into tokenized securities using Pontes' distributed ledger technology (DLT). cointelegraph.comBingX Crypto & Financial News
22 Sept, 11:07edited
Bernstein forecasts the annual forecasting market will grow from $410 billion in 2026 to $10 trillion by 2035.BingX Crypto & Financial News
22 Sept, 11:01
Binance invests $100 million in Circle, strengthening their stablecoin partnership. wsj.com
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