Jerry Lin

Jerry Lin

The Latest

  • January Inflation Data Aligns with Expectations, Yet Fed Rate Cut Timing Remains Uncertain
    FED CHAIR
    data for January unveiled a nuanced picture of the U.S. economic landscape, aligning with expectations yet signaling a complex path ahead for monetary policy adjustments.
  • India's GDP Growth Hits 8.4% in Final Quarter of 2023"
    India
    India's economy concluded the year 2023 with a notable acceleration, as its Gross Domestic Product (GDP) experienced an 8.4% growth in the last quarter, surpassing the previous period's 7.6% increase, as reported by the nation's statistical office.
  • Bitcoin Hits $62,000 in February Surge, Fueled by ETF Inflows and Halving Speculation
    BITCOIN RISES
    The cryptocurrency market, led by Bitcoin and Ether, has witnessed significant gains in February, marking a triumphant month for digital assets. Bitcoin, the pioneering cryptocurrency, saw its value surge by over 4% to reach $62,901.93 on the last day of the month, according to Coin Metrics data.
  • Coinbase Glitch Shocks Users with $0 Balances Amid Bitcoin's Surge
    AMICUS
    Coinbase, a leading cryptocurrency exchange platform, experienced technical glitches on Wednesday that left many users staring at a $0 balance in their accounts, causing widespread alarm and confusion among its customer base.
  • U.S. Housing Market Struggles Continue with Mortgage Applications Falling Amid 7% Rates
    A house built by the D.R. Horton company is seen for sale in Arvada
    This downturn is mirrored by a concerning trend that sees home-buying demand nearing its lowest point since 1995, as mortgage rates remain steadfastly above the 7% mark.
  • Bitcoin Soars Above $60,000, Eyeing Record High Amid ETF Buzz and Halving Anticipation
    BITCOIN RISES
    Bitcoin's recent surge above the $60,000 mark has reignited investor enthusiasm, reminiscent of the cryptocurrency's peak momentum back in 2021. The digital currency soared to $60,688.00, as per Coin Metrics, coming tantalizingly close to its all-time high of $68,982.20.
  • Coinbase Enhances User Safety with Asset Recovery Tool Expansion to BNB Smart Chain and Polygon
    AMICUS
    Coinbase, a leading cryptocurrency exchange, has announced a significant expansion of its innovative asset recovery tool, extending its capabilities to include the BNB Smart Chain and Polygon networks.
  • Bitcoin's Leap Over $57,000 Driven by MicroStrategy's $155 Million Purchase and Upcoming Halving Event
    Bitcoin and Ethereum prices crash
    Bitcoin has surged past the $57,000 mark, achieving a two-year peak, as significant investors continue to pour into the cryptocurrency space. This surge is part of a broader rally in the crypto market, with Ether also reaching heights not seen since 2022, surpassing $3,200.
  • Chinese Banks See Record $50.9B in FX Swaps as Firms Hedge Against Yuan
    dollar/yuan
    Chinese banks set a record in January, purchasing $50.9 billion in dollars from clients via foreign exchange swaps. This surge, according to official data released Monday, suggests that Chinese exporters are increasingly favoring the dollar as the yield disparity between U.S. and Chinese interest rates widens.
  • European Farmers Ramp Up Protests, Demanding Action on Prices and Competition
    European Farmers Ramp Up Protests, Demanding Action on Prices and Competition
    Farmers across Europe have escalated their protests, demanding immediate action from policymakers on issues ranging from supermarket price pressures to competition from foreign imports. The protests, which saw significant disruptions in cities like Brussels and Madrid, coincide with a meeting of European Union agricultural ministers in Brussels to address the burgeoning crisis in the sector.
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