FED official Mary Daly said in her statements that the US economy is currently in “good shape” and monetary policy is “balanced”. …
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The price of Bitcoin was little changed on Friday as U.S. Federal Reserve Governor Christopher Waller argued that the U.S. central bank …
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Finance
What Do the Fed and Chairman Jerome Powell’s Statements Mean? Is an Interest Rate Cut Coming? We’ve Summarized Everything Here
by shayaanby shayaanThe Fed kept its policy rate unchanged at 4.25%-4.50%, as expected. This is the fourth consecutive meeting where interest rates remained unchanged. …
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Finance
DWF Labs’ Andrei Grachev Challenges Near Protocol to Cut Inflation of NEAR By 50% To Attract More Investment
by shayaanby shayaanDWF Labs currently holds 11 million NEAR tokens with over half staked to secure the protocol. The NEAR tokenomics currently entail a …
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Finance
Trio of Soft Economic Reports Boost Fed Rate Cut Odds, but What About Bitcoin?
by shayaanby shayaanThis week’s main economic event comes on Friday when the U.S. government releases employment data for May. Ahead of that though, were …
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Regulation
Sam Bankman-Fried’s Prison Sentence Could be Cut by Over 4 Years: Business Insider
by shayaanby shayaanSam Bankman-Fried, the founder and former CEO of the defunct crypto exchange FTX, could be released from prison in December 2044, more …
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Regulation
Billionaire Ray Dalio Says Fed Shouldn’t Cut Rates Yet, Warns Against Aggressive Easing of Monetary Policy for Bond Market
by shayaanby shayaanBillionaire investor and founder of hedge fund Bridgewater Associates, Ray Dalio, thinks it is not yet time for the Federal Reserve to …
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Regulation
‘Very Resilient’ US Economy Among Three Reasons Fed Won’t Cut Interest Rates in 2025: Yardeni Research
by shayaanby shayaanThe president of sell-side Wall Street firm Yardeni Research, Ed Yardeni, believes that the Federal Reserve will stay the course and hold …
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Finance
Donald Trump Again Calls on Fed Chair Jerome Powell for an Immediate Interest Rate Cut – “Everyone Wants It”
by shayaanby shayaanIn his latest statements, US President Donald Trump argued that there is a broad consensus that the Fed should cut interest rates. …
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Mining
Bitfarms Halts Argentina Bitcoin Mining After Power Cut, 13% of Capacity Goes Offline
by shayaanby shayaanBitfarms, one of the largest publicly traded Bitcoin mining companies, has suspended all operations at its mining facility in Argentina. The shutdown …