Ether ETF inflows are notable, but futures data indicates traders are being careful.
Key Observations Ether has dropped by 4% recently, raising doubts among traders about a return to $3,000 level. Indicators around funding and options point to low short-term confidence in ETH’s price movements. In the last week, Ether (ETH) has seen a 4% decrease, even as the overall cryptocurrency market capitalization increased by 1%. This raises […]
Powell Needs to Rely on the Data Instead of the Boston Fed’s Inaccurate Tariff Study
Inflation by Assumption: Fed Tariff Shortcuts Recently, Federal Reserve Chair Jerome Powell stirred some conversation with his remark regarding new tariffs potentially leading to price increases. He stated that those tariffs would inevitably be passed onto consumers, suggesting a significant jump in prices due to them. However, this viewpoint seems to reflect Powell’s personal circle […]
Trump breaks data privacy standards
In a notable development, the Trump administration is making strides in dismantling barriers surrounding citizens’ personal data. This push is framed as a means to improve government efficiency and combat fraud, but it’s drawing a mix of reactions. Critics are concerned that this shift may lead to increased government oversight and data vulnerability, potentially heightening […]
Trump removes safeguards on personal data, causing concern
The current administration is challenging long-standing practices concerning how Americans’ personal information is managed. There seems to be a push to remove restrictions on data sharing in an effort to improve government efficiency and prevent fraud. Experts on privacy are warning that this trend could lead to increased surveillance, making the government more susceptible to […]
RFK Jr. believes all Americans should adopt ‘wearable’ technology to collect health data.
Robert Kennedy Jr., serving as Secretary of Health and Human Services, is advocating for the use of “wearable” technology among Americans as part of his “Maha” initiative aimed at improving health. During a recent announcement, he highlighted the agency’s commitment to addressing the alarming obesity rates, which currently sit at around 40%. “We’re gearing up […]
Powell Acknowledges Data Favors Interest Rate Reductions, Yet Opposition to Tariffs Hinders Progress
Jerome Powell: Grand Speculator The Fed chair previously cautioned against using speculative forecasts to shape policies. Now, it seems he’s doing the opposite. Jerome Powell, Federal Reserve Chairman, made a rather surprising statement recently. He suggested that if the Fed were to stick with hard data, it would actually lower interest rates. But, that’s not […]
USD/JPY drops under 147.00 as the US Dollar weakens following mixed PMI data and comments from Fed Bowman
The USD/JPY experienced a dip after struggling to maintain above the 100-day moving average near 148.00. In light of reports regarding Iran’s attacks on US Air Force bases in Qatar, the Japanese yen may see increased demand as a safe haven. The US Dollar Index has fallen below 99.00, influenced by mixed PMI data and […]
New data on Iranians admitted under Biden reportedly comes to light as the US prepares for a response from Tehran.
Reports indicate that Border Patrol agents released hundreds of Iranians into the United States after President Joe Biden took office, raising concerns regarding national security amidst increasing military tensions. Between 2021 and 2024, the Biden administration documented the arrest of 1,504 Iranian nationals, with 729 being allowed into the country, as per data from Customs […]
Choosing a college major? These have the lowest salaries after graduation, data reveals
Many young people and their financially strained parents are starting to wonder if pursuing a degree is worth the steep cost of university education. The value, however, often hinges on the specific area of study. Not every degree provides the same financial return. In fact, some graduates face high unemployment rates and limited income potential. […]
Is $15 an hour sufficient? Only for dual-income households in these states, data indicates.
Since 2009, the federal minimum wage in the U.S. has remained at $7.25 an hour. However, a new Senate bill proposes increasing it to $15 an hour next year, aiming to realign the wage with inflationary factors. In various states, even where the minimum wage exceeds $15, this amount often falls short of covering average […]