Inflation surges, PCE shows. Fed pause on rate hikes unlikely to last long with prices still rising.
Even though the Federal Reserve temporarily put its inflation fight on hold this week, the cost of living rose sharply again last month in a sign the central…
Economy grows at fastest pace in more than a year, GDP shows, and shows little sign of slowing.
The U.S. economy ripped off its fastest rate of growth in more than a year, amped up by the boom in artificial intelligence and strong spending by wealthier…
Unlimit founder backs Phase blockchain with $45M as mainnet launches
Phase’s new network lets smartphone owners earn tokens for validating transactions and sharing internet connections with AI agents. Source：Cointelegraph
Caterpillar’s stock heads for worst day in 7 years — and what that means for the Dow
Caterpillar’s data center business is fine, but other areas disappointed and the stock was heading for its biggest loss in years. Source：MarketWatch
HTX agrees to halt unlawful UK crypto promotions after FCA case
HTX has pledged to stop crypto marketing in the UK until October 2031, with deposits and new account registrations already blocked there. Source：Cointelegraph
U.S. sanctions Russian nationals for laundering millions in crypto for North Korean IT workers
Russian nationals Ilya Boykov and Vitold Obertas allegedly converted about $3.5 million and nearly $2 million in crypto, respectively, for North Korea.…
As $10 billion in bitcoin options near expiry, the tell is in the pricing
Your dayahead look for Oct. 29, 2026 Source：CoinDesk
It’s the strangest job market the U.S. has ever seen. The low-hire, low-fire economy turns 3 years old.
America has always been a jobcreating machine. It has broken down for three straight years, and the implications could be with us for a long time.…
EU investors rank crypto above retirement plans for lasting wealth creation: OKX survey
European investors ranked crypto above retirement plans for lasting wealth creation, while prior surveys show US investors are skeptical on crypto’s role in…
Coinbase seeks Brazil crypto license, expects no service disruption
Coinbase has applied for authorization ahead of Brazil’s Oct. 30 deadline and says it expects to maintain existing services while regulators review its…
Bitcoin lending and yield could drive next wave of institutional demand, Rootstock says
A new report argues that putting institutional Bitcoin holdings to work through lending, collateral and financing could create demand beyond its storeofvalue…
You can’t rely on the S&P 500 as much as you may think
The index’s weakness may surprise a generation of investors raised on the cult of “stocks always go up.” Source：MarketWatch