Finance

Vitalik Buterin tweets about his desire to quit the Ethereum Foundation and the comments from VC firms and the community.  Ethereum hovers around the $2,700 level, extending its multi-month downward trend.  On-chain data shows whale sentiment has shifted during the downturn in Ethereum price and decline in holdings.  Ethereum creator Vitalik Buterin responded to criticism…

People shop at a Whole Foods store on Feb. 3, 2025 in New York City. Michael M. Santiago | Getty Images Consumers grew dramatically more worried about near-term inflation as President Donald Trump pushed aggressive tariffs against major U.S. trading partners, a closely watched survey showed Friday. The University of Michigan consumer survey for February…

Minneapolis Federal Reserve President Neel Kashkari said Friday he expects to see interest rates lower this year if the economic data continues to move in the same direction. In a interview, the central bank official expressed confidence that inflation will continue to drift down to the Fed’s 2% target, while Friday’s nonfarm payrolls report showed…

Amazon stock trails 2% lower on Friday after Q4 beat. Q1 guidance for net sales, operating income failed to impress. Q4 EPS of $1.86 beat consensus by a sizable 38 cents. January US Nonfarm Payrolls came in well below expectations.   Amazon (AMZN) stock tripped over 2% lower on Friday following fourth-quarter results released late…

Job creation was lower than expected in January, though the unemployment rate edged down and worker wages rose sharply, the Bureau of Labor Statistics reported Friday. Nonfarm payrolls climbed by a seasonally adjusted 143,000 for the month, down from an upwardly revised 307,000 in December and below the 169,000 forecast from Dow Jones. The unemployment…

Wouldn’t it be great if we had one all-encompassing metric to guide our Bitcoin investing decisions? That’s precisely what has been created, the Bitcoin Everything Indicator. Recently added to Bitcoin Magazine Pro, this indicator aims to consolidate multiple metrics into a single framework, making Bitcoin analysis and investment decision-making more streamlined. For a more in-depth…

Bitcoin (BTC) price hovers around $97,000 on Friday after losing nearly 5% in the last three days. CryptoQuant weekly report shows that activity on the Bitcoin network has declined to its lowest level in a year. Traders should watch FTX’s upcoming repayments to creditors starting on February 18, which could bring in volatility for Bitcoin…

Ondo price is nearing its key weekly resistance of $1.38 on Friday, and a firm close above this level hints at a rally ahead. Ondo launches its Ondo Chain, a new Layer 1 blockchain purpose-built for institutional-grade RWAs. DefiLlama data shows that ONDO’s Total Volume Locked has risen to $654 million. Ondo (ONDO) price is…

Bitcoin price hovers around $97,400 on Friday after losing nearly 5% in the last three days. Ethereum price failed to recover, trading around $2,700 and hinting at a downleg ahead. Ripple faced rejection around the $2.72 daily resistance; further correction on the cards.  Bitcoin (BTC) hovers around $97,400 on Friday after losing nearly 5% in…

Many databases from the U.S. Census Bureau appeared to be unavailable to the public on Thursday, with users being told access was “forbidden” when attempting to download common datasets. Several data experts told that they were receiving the same error message on files that are routinely available. “My staff tried numerous economic releases, and we…