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Hashett: Friday's GDP Report 'Somewhat Disappointing'

2 hours ago

Feb. 20 — Kevin Hassett, White House National Economic Council Chair, said Friday’s GDP report was “a bit disappointing.”
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Analysis: Uncertainty over Tariff Refunds, Market Reacts Differently to Tariff Ruling

On February 20, Bitget market data shows spot gold saw sharp short-term volatility following a U.S. Supreme Court ruling on a Trump trade case. It dropped from $5,063.96 per ounce to $4,990.90 (a $73 decline) before rebounding to $5,052 per ounce—roughly $61 above its low point. Analyst James Athey noted the market appears uncertain how to react to the ruling, with the original key issue tied to tariff refunds.

8 minutes ago

Boston Fed: Neutral interest rate may be 0.25 to 0.5 percentage points lower than current policy rate

On February 20, the Federal Reserve Bank of Boston noted that the neutral interest rate could be 0.25 to 0.5 percentage points below the current policy rate.

8 minutes ago

Trump Calls Supreme Court Ruling a "Disgrace"

On February 20, U.S. President Donald Trump called a Supreme Court ruling a "disgrace." He added that following the decision, he had an alternative tariff plan in place. (Xinhua)

8 minutes ago

The Netherlands Declares Polymarket Illegal and Orders It to Cease Operations

On February 20, the Netherlands’ gambling regulator ruled that Polymarket was offering unlicensed gambling services to Dutch users—violating the country’s Gambling Act—and ordered it to cease operations. The regulator noted Dutch users could register on the platform, deposit funds, and place bets, which constitutes “games of chance” requiring official licensing. Non-compliance could lead to weekly fines of up to €420,000, with a maximum cumulative penalty of €840,000. Polymarket argued it operates a prediction market, not traditional gambling, but the authority rejected this claim. (Source: Decrypt)

8 minutes ago

Kalshi Futures Market: Probability of "Court Orders Trump to Return Tariffs" Quickly Rises to 66%

Feb. 20: Prediction platform Kalshi reports the market now sees a 66% chance a court will order Trump to refund tariffs by July 2026—up sharply from roughly 30% previously.

8 minutes ago

Bitcoin Price Shorts Liquidated as BTC Price Spikes to $68K, James Wynn's Leveraged Short Position Gets Liquidated

Feb 20 (HTX Market Data) — 15 minutes ago, Bitcoin briefly spiked up to $68k before quickly pulling back below $67k, last trading at $66,932.55. That move instantly liquidated James Wynn’s 40x-leveraged Bitcoin short position opened tonight — though his position was small, valued at under $80k.

8 minutes ago

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