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Fed Chair Powell reiterates no rush on rate cuts, cites strong economy

Key Takeaways Fed Chair Jerome Powell stated the US economy is strong and there is no hurry to cut interest rates. The labor market is strong and broadly balanced, according to Powell. Share this article Fed Chair Jerome Powell reiterated today that the US economy remains strong and the central bank won’t rush to cut … Read more

Analyst reiterates CleanSpark as ‘Top Pick’ after Q1 report

Mike Colonnese, senior crypto analyst at H.C. Wainwright & Co., reiterated CleanSpark as the firm’s top pick following the company’s first-quarter earnings report. Bitcoin mining company CleanSpark reported its first-quarter results on Thursday, posting an 82% quarter-over-quarter increase in revenue to $162.3 million. The company benefited from a 33% rise in Bitcoin (BTC) production and … Read more

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