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The Fed Is ‘Resolute’ on Hiking Interest Rates, Tightening Monetary Policy to Tame Inflation — Gold and Stocks Sink

The Fed Is ‘Resolute’ on Hiking Interest Rates, Tightening Monetary Policy to Tame Inflation — Gold and Stocks SinkSeveral reports detail that U.S. Federal Reserve officials are resolute on tightening monetary policy and increasing the federal funds rate until inflation in America is alleviated. Chicago Fed president Charles Evans explained on Tuesday that the central bank would likely keep up the larger than usual rate hikes until inflation is remedied. The Fed Is […]

Wall Street Giant Engages Tether on Pivotal Bitcoin Lending Plan

FTX Chief Sam Bankman-Fried Lays Out Three of the Biggest Use Cases for Crypto

FTX Chief Sam Bankman-Fried Lays Out Three of the Biggest Use Cases for Crypto

The chief executive officer of crypto derivatives exchange platform FTX is highlighting three major use cases for digital assets. In a lengthy thread, FTX CEO Sam Bankman-Fried says that cryptocurrencies are more than just speculative assets. He highlights that crypto can be used to make instant payments, provide critical structure for markets and interconnect social […]

The post FTX Chief Sam Bankman-Fried Lays Out Three of the Biggest Use Cases for Crypto appeared first on The Daily Hodl.

Wall Street Giant Engages Tether on Pivotal Bitcoin Lending Plan

US Inflation Remains Scorching Hot, Jumping to 9.1% in June — White House Says CPI Data Is Already ‘Out-of-Date’

US Inflation Remains Scorching Hot, Jumping to 9.1% in June — White House Says CPI Data Is Already ‘Out-of-Date’According to the latest Bureau of Labor Statistics Consumer Price Index (CPI) report, U.S. inflation remains scorching hot as it has risen at the fastest yearly rate since 1981. June’s CPI data reflected a 9.1% year-over-year increase, even though a number of bureaucrats and economists thought May’s CPI data would be the record peak. US […]

Wall Street Giant Engages Tether on Pivotal Bitcoin Lending Plan

US Inflation Spiked 8.6%, Highest in 40-Years — Economist Says We’re Not ‘Seeing Any Signs That We’re in the Clear’

US Inflation Spiked 8.6%, Highest in 40-Years — Economist Says We’re Not ‘Seeing Any Signs That We’re in the Clear’After April’s consumer price index (CPI) report was published, a number of American economists and bureaucrats said that inflation had peaked and it was possible that inflation would subside. However, statistics from the U.S. Labor Department indicate the CPI increased 8.6% from a year earlier, as the month of May’s inflation data reached another lifetime […]

Wall Street Giant Engages Tether on Pivotal Bitcoin Lending Plan

Banking Giant JPMorgan Considers Using Blockchain Technology To Tokenize Equities: Report

Banking Giant JPMorgan Considers Using Blockchain Technology To Tokenize Equities: Report

Financial services behemoth JPMorgan is contemplating tokenizing equities and other traditional securities using blockchain technology. According to a new report by Bloomberg, the banking giant is experimenting with blockchain technology by using it to transfer collateral settlements during the after-hours of the market. On May 20, JPMorgan transferred the token representation of $10 trillion to […]

The post Banking Giant JPMorgan Considers Using Blockchain Technology To Tokenize Equities: Report appeared first on The Daily Hodl.

Wall Street Giant Engages Tether on Pivotal Bitcoin Lending Plan

Crypto Market Turning Point — Most Cryptocurrencies Down 57% to Over 80% From Price Highs

Crypto Market Turning Point — Most Cryptocurrencies Down 57% to Over 80% From Price HighsRoughly six months ago, bitcoin and a number of digital assets reached all-time highs and the crypto economy crested above $3 trillion in value. Today is a different story as a great majority of cryptocurrencies are down between 57% to over 80% against the U.S. dollar. While Cryptos Are Down From the ATHs, 2020 Holders […]

Wall Street Giant Engages Tether on Pivotal Bitcoin Lending Plan

While Global Markets Get Spooked by Covid and a Hawkish Fed, Stocks and Crypto Rebound After Musk Buys Twitter

While Global Markets Get Spooked by Covid and a Hawkish Fed, Stocks and Crypto Rebound After Musk Buys TwitterWall Street suffered Monday morning as the major U.S. stock indexes dropped further, building on losses gathered last week. Reports indicate that investors are concerned about the upcoming Federal Reserve rate hikes and China’s recent Covid-19 outbreak. As equities floundered on Monday, the crypto economy slid under the $2 trillion mark and gold prices dropped […]

Wall Street Giant Engages Tether on Pivotal Bitcoin Lending Plan

$551,370,000,000 in Bitcoin Now Belongs to Long-Term Holders After Massive BTC Acculumation Spree: IntoTheBlock

Blockchain analytics firm IntoTheBlock says that long-term Bitcoin (BTC) holders are gobbling up the top crypto asset to the tune of hundreds of billions of dollars. In a new report, the market intelligence agency says that during Q1 2022, investors who have held the top crypto asset by market cap for at least a year […]

The post $551,370,000,000 in Bitcoin Now Belongs to Long-Term Holders After Massive BTC Acculumation Spree: IntoTheBlock appeared first on The Daily Hodl.

Wall Street Giant Engages Tether on Pivotal Bitcoin Lending Plan

Data Shows US Consumer Prices Hit a 40-Year High, Biden Blames Inflation on ‘Putin’s Aggressive Actions’

Data Shows US Consumer Prices Hit a 40-Year High, Biden Blames Inflation on ‘Putin’s Aggressive Actions’Following the record 7.5% high for January, the U.S. Labor Department’s Consumer Price Index (CPI) data shows February’s CPI metrics rose to 7.9%. The CPI data published on Thursday is a new 40-year high and month over month, inflation jumped by 0.8%. President Joe Biden is blaming the inflation spike on Russia’s invasion, as he […]

Wall Street Giant Engages Tether on Pivotal Bitcoin Lending Plan

US Treasury Yield Curve Highlights Recession Signals, Analyst Thinks Fallout Will Be ’10x Worse Than the Great Depression’

US Treasury Yield Curve Highlights Recession Signals, Analyst Thinks Fallout Will Be ’10x Worse Than the Great Depression’Fears of a recession and a 1970s-style stagflation economy continue to grip Wall Street and investors this week, as multiple reports show that recession signals have intensified. With oil and commodity prices surging, Reuters reports that investors are “recalibrating their portfolios for an expected period of high inflation and weaker growth.” While Wall Street Fears […]

Wall Street Giant Engages Tether on Pivotal Bitcoin Lending Plan