At the 2023 New York Times DealBook Summit in New York, JPMorgan Chase CEO Jamie Dimon delivered a sobering message to Wall Street and the world and warned investors there’s potential for further inflation, while not ruling out the possibility of a recession. According to Dimon, numerous factors contribute to […]

The U.S. economy showed strong growth in the third quarter of 2023, according to official data released on Thursday. The main drivers of the expansion were consumer spending and a robust job market, which reduced the chances of a recession in 2024. The data from the Commerce Department showed that […]

The host of CNBC’s “Mad Money” and well-known market analyst Jim Cramer has recently suggested that investors may want to hold out on buying assets until interest rates rise again, believing an ensuing sell-off will lower prices. Per his words, it may now be a better bet to “wait for […]

In a recent analysis, economists from Bloomberg shed light on the potential global economic repercussions of the ongoing conflict between Israel and Hamas and its potential to trigger a global recession, especially if it escalates. The insight, offered by three seasoned economists, including Ziad Daoud, the chief emerging markets economist, […]

In a recent roundtable, cryptocurrency experts converged to dissect the intersection of Environmental, Social, and Governance (ESG) factors and digital assets. During the discussion, MarketVector’s Indexes’ COO Thomas Kettner noted that ESG scores make cryptocurrency more competitive as an asset class. The panel included Lena Klaaßen, Co-Founder of CCRI (Cryptocurrency […]

Global financial markets could face unprecedented turbulence if the Federal Reserve pushes its benchmark interest rate to 7% in the face of stagflation, cautioned Jamie Dimon, the CEO of JPMorgan Chase & Co. During a recent conversation while in Mumbai for a JPMorgan investor summit, Dimon referred famous investor Warren […]

The total market capitalization of the stablecoin sector in the cryptocurrency space has endured its 17th consecutive monthly decline in August, falling by 1.28% to $124 billion, the lowest level since August 2021. According to CCData’s latest Stablecoins & CBDCs report, both BUSD and TUSD stood out in experiencing significant […]

May was the first month of 2023 that saw a decline in the assets under management (AUM) of both Bitcoin ($BTC) and Ethereum ($ETH) investment products, which dropped 10.3% and 4.42% respectively, resulting in values of $21.7 billion and $7.50 billion. Other digital assets and mixed asset baskets followed suit, […]

The spot trading volume of leading cryptocurrency exchange Binance has plummeted by 48% last month, marking the second consecutive month of declines for the cryptocurrency trading platform. According to CCData’s latest Exchange Review report, Binance’s trading volume dropped to $287 billion last month, recording its second-lowest monthly trading volume since […]

A recently published report by CCData has revealed that cryptocurrency investment products experienced a fifth consecutive month of growth in assets under management (AUM), with the total AUM rising by 6.94% to reach $35.6 billion in April. Year-to-date, they have seen their AUM rise by 59.9%. The rise underlines the […]