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08:31
The National Bank of Georgia keeps the benchmark interest rate unchanged at 8.25%.
⑴ The National Bank of Georgia maintained its key policy rate at 8.25% unchanged during its June 2026 meeting. The overall inflation rate in May rose to 5.7%, significantly higher than the Bank's target of 3%, mainly driven by rising energy prices and ongoing supply chain disruptions. ⑵ Inflation is expected to remain high in the second quarter, with the average inflation rate for 2026 projected at 4.9%. Economic activity remains robust, with a 6.2% growth in April and an overall average growth rate of 8.3%. However, global uncertainty continues to pose risks to the economic outlook. ⑶ Escalating geopolitical tensions may push up commodity prices, causing inflation to remain above target for a longer period. Conversely, stable commodity prices will help ease inflationary pressures more quickly. Future decisions will take into account current geopolitical tensions; if conflicts persist, gradual adjustments will continue, while easing tensions may allow for normalization.
08:31
Garret Jin opened a long position of 366,423 UNI and holds long positions in BTC and ZEC.
According to Onchain Lens monitoring, Garret Jin has opened 366,423 UNI 2x long positions and is still increasing his holdings, and also holds BTC 5x long positions and ZEC 2x long positions.
08:27
Altcoin prices rise while BTC holds near $65,000 ahead of Federal Reserve Chairman Kevin Walsh's rate decision
Altcoins prices are rising, BTC remains near $65,000 ahead of Federal Reserve Chairman Kevin Walsh’s rate decision, UNI associated with address 0x1f98...f984 surged 22% after Standard Chartered set a $100 target price, and HYPE has risen 34% this week.
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