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The Federal Reserve has again left interest rates unchanged after the latest Fed meeting, leaving rates at 4.25% to 4.50%. It marks the fifth straight month that there has not been an interest rate cut or hike. President Donald Trump has been pressing hard for the Fed to cut rates, arguing that his tariff policy will not push up inflation. However, Fed Chair Jerome Powell and the central bank still see inflation as threatening enough to hold off any further cuts. BREAKING: Federal Reserve leaves interest rates unchanged, remains at 4.25% – 4.50%. — Watcher.Guru (@WatcherGuru) July 30, 2025 The decision comes amid increased economic uncertainty derived from the United States’ America-First tariff plan unveiling in early April. Subsequently, the Fed has opted to remain committed to a wait-and-see approach to handling the war on inflation and future interest rate cuts. According to Treasury data, the annual inflation rate in the US accelerated for the second consecutive month ...

New York-based Quontic Bank proudly proclaims on its website that you can “Join Quontic In The Metaverse ,” and calls its foray into virtual worlds “the first of its kind.”  Unfortunately, during my visits to this Decentraland-based bank diorama, I was the only person there — unless you count the teller or poolside DJ.  Screenshot of Decentraland avatar clipping into ATM Accessing the poolside DJ requires you to first activate the ATM, something I found more difficult than anticipated due to failures in object collision detection. Being the only person at a Metaverse bank’s pool party with a DJ playing music was something I had never experienced before, and something I doubt I will experience again any time soon. Screenshot of Quontic Bank’s lonely metaverse pool party . Speaking to the teller allows you to have a short conversation about some of the products that Quontic offers, including a checking account that offers rewards in bit...

On this week’s episode of The Market Report, Cointelegraph’s resident expert explains why Bitcoin is rising and why banks are collapsing. This week on The Market Report, our beloved host, Joe Hall, and insightful expert, Sam Bourgi, unfortunately, could not make it, but don’t worry because Marcel Pechman is here to discuss why he thinks Bitcoin’s (BTC) price is rising amid collapsing banks . We kick things off with this week’s first article: UBS Group agrees to $3.25B “emergency rescue” of Credit Suisse UBS Group agreed to buy its ailing competitor Credit Suisse for $3.25 billion on March 19 as part of an “emergency ordinance” to prevent financial market instability. To close the deal, Swiss authorities agreed to change the country’s regulations to bypass a shareholder vote and announce the deal over the weekend ahead of the market opening. Was this move actually legal? After this move, will Switzerland still have a reputation for being the securest financial market? Pechman has muc...