Bitcoin at $23K After -0.2% Personal Consumption Expenditure

Bitcoin held onto gains driven by the recent bullish trading in crypto derivatives, as consumer spending fell 0.2% in December 2022. The U.S. Personal Consumption Expenditure (PCE), a measure of consu...

Ethereum mainnet hits record-breaking 32B weekly gas expenditure

Ethereum (ETH) Layer 2 (L2) networks spent a record-breaking 32 billion gas — a year-on-year increase of 22.8% — to validate transactions and activate bridges between Jan. 9 and Jan. 15, according to ...

A Court Filing on The Expenditure of FTX in Recent 9 Months

According to a document filed in the Delaware bankruptcy court, the Bahamian entity of FTX has spent almost $40 Million on hotels, food, and travel in recent 9 months. The lawyers pointed out in the c...

10-Year Treasury Yield Inches Higher as Market Awaits Key Personal Consumption Expenditure Report

The 10-year Treasury yield was up 1 basis point in anticipation of the Fed’s next move regarding inflation.  The yield on the US 10-year Treasury note was marginally higher on Friday, December 23rd, a...