Asia Morning Update: BTC Remains Steady Near 90k as Liquidity Decreases and a Fed Rate Cut is Fully Anticipated
Good morning, Asia. Here’s what’s making news in the market: Welcome to Asia Morning Briefing. We provide a daily summary of the main news from the U.S. time, along with a look at market trends and analyses. For more insights on the U.S. market, see below. Bitcoin is currently around $90,000 after experiencing sharp, albeit […]
Disregard influencers suggesting you cut off contact with family
Family Separation During the Holidays in 2025 It’s that time of year again, but in this hyper-polarized environment of 2025, family separations are, well, surprisingly common. In the words of today’s youth, it’s all about “no contact.” Breakups like this are so frequent that Oprah Winfrey recently dedicated an entire episode of her podcast to […]
Don La Greca calls the decision to cut Sal Licata and Brandon Tierney’s show a mistake.
Craig Carton’s Return to WFAN Raises Questions for Colleagues The return of Craig Carton to WFAN has left Brandon Tierney and Sal Licata in a bit of an uncertain spot. Don La Greca from ESPN is openly skeptical about this decision. La Greca, who previously co-hosted with Michael Kay, doesn’t seem thrilled about Carton’s comeback […]
Federal Reserve Outlook: Bitcoin Remains Stable Over $91K, Treasury Yields Raise Some Concern as Rate Cut Approaches
Bitcoin and Market Movements Bitcoin is currently trading at around $91,800, reflecting an increase of over 1.5% today, in light of the anticipated Federal Reserve interest rate cut this week. This marks the third consecutive reduction, expected to bring the target interest rate to a range of 3.5% to 3.75%. Since September 2024, total easing […]
Japanese Yen strengthens past 155.00 as Fed rate cut approaches
USD/JPY Update and Recent Events The USD/JPY exchange rate dipped to about 155.25 in early trading on Monday in Asia. This decline reflects a weakening U.S. dollar against the Japanese yen as traders gear up for the Federal Reserve’s meeting later this week. Many anticipate a potential interest rate cut. There’s an increasing sentiment among […]
GBP/USD increases as chances of a Fed rate cut lift Sterling
GBP/USD picked up its upward momentum on Friday, making up for some of the losses from Thursday as the US dollar (USD) managed slight gains. US inflation figures suggest that the Federal Reserve (Fed) is likely to move forward with a rate cut in December, which is putting pressure on the dollar. As of now, […]
Court Stops Trump’s Plan to Cut School Grants Related to Race and Gender Efforts
Appeals Court Upholds Funding for School Mental Health Services A federal appeals court recently affirmed a lower court’s ruling that prevented the Trump administration from cutting mental health funding, stating that doing so would likely increase racial and gender tensions. While the administration indicated that funding would continue through the end of the year, it […]
Trump’s Bitcoin firm sees its value cut in half following large sell-off.
The Bitcoin mining venture co-founded by Eric Trump and Donald Trump Jr. experienced a sharp decline in its stock price following a recent sale of shares. On Tuesday, American Bitcoin (traded as ABTC) saw its stock plummet nearly 50%, dropping from $3.58 to $1.80 in just the first hour of trading. By the end of […]
Trump seeks to cut Biden’s fuel efficiency standards, calling them ‘terrible’
Trump Plans to Roll Back Fuel Efficiency Standards President Trump announced on Wednesday his intention to reverse the stringent fuel efficiency standards established during the Biden administration, which he has criticized as an “EV mandate.” In remarks to reporters from the Oval Office, Trump stated, “We are officially repealing Joe Biden’s incredibly burdensome and costly […]
Judge appointed by Obama states that the significant funding bill cannot cut support for Planned Parenthood.
Federal Judge Blocks Trump’s Medicaid Funding Cuts A federal judge has stepped in, preventing the Trump administration from enforcing significant parts of the One Big Beautiful Bill Act, specifically aimed at cutting Medicaid funding for family planning programs across 22 states. Indira Talwani, a district judge in Boston, noted that the law could likely impose […]