OKB price dips 20% as OKB Boost contract glitch drains entire reward pool – CoinJournal 
Japan stimulus shakes global markets as yen sinks and crypto demand rises – CoinJournal 
Coinbase rolls out Ethereum-backed loans for users to borrow USDC without selling – CoinJournal 
Bitcoin just hit a critical point: analysts split between $85K crash and $250K surge – CoinJournal 
Bitcoin slides below $90K as crypto correction becomes one of the worst since 2017 – CoinJournal 
T. Rowe Sees BOJ Policy ‘San Andreas Fault’ of Global Finance Is at Hand
(Bloomberg) -- Policy tightening by the Bank of Japan, the last bastion of ultra-low interest rates, may send shock waves...
Stocks Drop 20% If Bonds Have Inflation Right in JPMorgan Model
(Bloomberg) -- The widening disconnect between stocks and bonds suggests a 20% downside risk for equities if bonds are proved...
QT Will Soon Begin to Bite With 10% Hit to Liquidity, BNP Warns
(Bloomberg) -- The unwinding of balance sheets by major central banks will soon begin to bite, causing a massive siphoning...
Ex-First Republic Executive to Head Turkey’s Central Bank
ISTANBUL—Turkey’s President Recep Tayyip Erdogan appointed a former First Republic Bank executive to lead the central bank, a likely shift...
China’s factory deflation steepens as demand wanes
By Joe CashBEIJING (Reuters) - China's factory gate prices fell at the fastest pace in seven years in May and...
China Deflation Risk Prompts PBOC Governor to Downplay Fears
(Bloomberg) -- China’s inflation remained close to zero in May, sparking concerns on a falling spiral in prices and prompting...
Binance, Binance.US, and Coinbase collectively lose $4B in outflows
The US SEC has sued both Coinbase and Binance for allegedly violating securities laws. Most of the outflows are occurring...
IMF urges Fed, central banks to keep tightening to reduce inflation
WASHINGTON (Reuters) - The International Monetary Fund on Thursday urged the U.S. Federal Reserve and other global central banks to...
AI Frenzy Stalls as Tech Stocks See First Outflows in Two Months
(Bloomberg) -- The AI frenzy that has driven massive inflows into tech stocks is marking a pause, Bank of America...
Fed Seen Ending Its 15-Month Hiking Campaign in Economist Survey
(Bloomberg) -- Most economists expect the Federal Reserve to pause interest-rate increases next week for the first time in 15...
Gold heads for best week in five on Fed rate pause bets
SummaryCompaniesSilver on track for best week since early AprilMarkets see 72% chance of Fed standing pat next weekPalladium plunges to...
Gold heads for best week in five on Fed rate pause bets
SummaryCompaniesSilver on track for best week since early AprilMarkets see 72% chance of Fed standing pat next weekPalladium plunges to...
Bitcoin Liquidity Worsens on Crypto Exchange Binance.US After SEC Suit
(Bloomberg) -- Liquidity on one of the most prominent crypto exchanges has worsened in the wake of head-turning regulatory actions...
Costco Execs Warn of Looming Recession Because of One Change Shoppers Are Making to Their Buying Habits
In times of economic struggles, Americans tend to change their shopping habits. The “lipstick effect,” where people will continue splurging...
/cloudfront-us-east-2.images.arcpublishing.com/reuters/CVJXKMJ7ONNG5FYHKOGVL2PWXQ.jpg "Binance.US halts dollar deposits, Robinhood delists tokens after SEC crackdown")
Binance.US halts dollar deposits, Robinhood delists tokens after SEC crackdown
June 9 (Reuters) - The U.S. affiliate of Binance said it was halting dollar deposits, while trading platform Robinhood Markets...
A New Crypto Banking System Arises Under the Shadow of a Regulatory Crackdown
(Bloomberg) -- Two months after the collapse of Silvergate Capital Corp. and Signature Bank, a new banking landscape for crypto...
3 Reasons Why Countries Devalue Their Currency
Ever since world currencies abandoned the gold standard, many currency devaluation events have sent disruptive ripples across the globe.
The Entire Euro System Faces Failure – LewRockwell
In these dogdays of summer, there is a new complacency over the financial and economic status of the Eurozone. Inflation...
Argentina unveils new 2,000-peso bill as inflation bites – DW – 06/09/2023
Alejandro Rebossio06/09/2023June 9, 2023The new note, which will be worth $11 or €10.2 officially, comes after consumer prices jumped by...
Global Steel Production in 2022 Fell Most since 2009, Unwound Stimulus Spike of 2021. China’s Production Fell for 2nd Year
China still produced more than the rest of the world combined, 12 times more than the US. By Wolf Richter for WOLF STREET....
What’s Good for GM is No Longer Good for America
China has rocked the world with quality EVs. Let's discuss how the US and EU are reacting to the threat.