With the expectation of further rate cuts heading into 2024, analysts say this could be a “positive boost” for crypto stocks and investment products.
Category: fed pivot
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Just how bullish is the Bitcoin halving for BTC price? Experts debate
Analysts recently debated whether or not the Bitcoin halving is still a meaningful catalyst for BTC’s price discovery.
Crypto Twitter Speaks Up for Hal Finney’s Account, SBF Was Reportedly Told by Binance CEO: Stop Causing ‘More Damage’ — Bitcoin.com News Week in Review
Bitcoiners on Twitter recently pleaded with the CEO of the social media platform, Elon Musk, to preserve the account of late computer scientist and bitcoin pioneer Hal Finney. The outcry came after Musk announced that a mass of inactive accounts would be purged. Finney’s wife has since jumped in, and tweeted from Hal’s former account […]Powered by WPeMatico
Ark Invest CEO Warns Fed’s Actions Could Lead to 1929-Like Great Depression — Elon Musk Agrees
The CEO of investment management firm Ark Invest has warned that if the Federal Reserve does not pivot, the current economic setup will be similar to 1929 when the Great Depression started. Tesla CEO and Twitter chief Elon Musk agreed. The Fed, Inflation, and the Great Depression Ark Invest CEO Cathie Wood, who is also […]Powered by WPeMatico
Fed Chair Powell Says ‘Very Premature’ to Pause Interest Rate Hikes — Economist Warns It Will Crash Economy
Federal Reserve Chairman Jerome Powell says that it is “very premature” to think about pausing rate hikes. “We have a ways to go,” he stressed. However, economist Peter Schiff warned that “Planned rate hikes and QT will only succeed in crashing the economy, not bringing down inflation.” Fed Chair Powell Says ‘Very Premature’ to Talk […]Powered by WPeMatico