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Next Bitcoin Halving to Propel Prices to Between $150,000 and $169,000, Says Bitfinex

Next Bitcoin Halving to Propel Prices to Between 0,000 and 9,000, Says BitfinexA new analysis by Bitfinex researchers predicts a 160% surge in bitcoin’s price in the upcoming 12-14 months, potentially reaching over $150,000 per unit. This forecast, derived from historical data and statistical models related to previous Bitcoin halving events, suggests a bullish future for the world’s leading digital currency. Bitfinex Researchers See Bitcoin Soaring Past […]

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Fed Governor Bowman Insists High Inflation Could Necessitate Future Rate Hikes

Fed Governor Bowman Insists High Inflation Could Necessitate Future Rate HikesInflation in the U.S. has remained persistent, experiencing increases in the first two months of 2024, prompting members of the U.S. Federal Reserve to exercise caution against premature rate reductions. Federal Reserve Governor Michelle Bowman has voiced considerations for elevating interest rates, diverging from market anticipations of rate reductions within the year. Bowman’s concerns primarily […]

Yala Unveils Vision to Revolutionize DeFi With Bitcoin

Federal Reserve’s Neel Kashkari on Bitcoin: Still No Legitimate Use Case in an Advanced Democracy

Federal Reserve’s Neel Kashkari on Bitcoin: Still No Legitimate Use Case in an Advanced DemocracyThe president and CEO of the Federal Reserve Bank of Minneapolis, Neel Kashkari, has expressed concern about consumer risk due to “fraud, hype, and confusion” surrounding bitcoin. Moreover, he said the cryptocurrency has been around for more than a decade but “there’s still no legitimate use case in an advanced democracy.” ‘I Am Worried From […]

Yala Unveils Vision to Revolutionize DeFi With Bitcoin

Markets Tumble as Fed Rate Cut Expectations Diminish

Markets Tumble as Fed Rate Cut Expectations DiminishAttention is riveted on the Federal Reserve’s assembly set for May 1, with widespread anticipation that the U.S. central banking authority might lower the federal funds rate at this juncture of the year. Currently, market forecasts suggest a rate reduction is very unlikely, and Cleveland Federal Reserve President Loretta Mester has expressed her inability to […]

Yala Unveils Vision to Revolutionize DeFi With Bitcoin

Peter Schiff: Something Big Is Happening That Very Few Investors Are Prepared For

Peter Schiff: Something Big Is Happening That Very Few Investors Are Prepared ForEconomist and gold bug Peter Schiff has warned that something big is happening that very few investors are prepared for. “More importantly, governments and central banks are not prepared for it either,” he stressed. Schiff explained that Fed rate cuts will make the inflation problem worse. Peter Schiff’s Warnings Economist and gold bug Peter Schiff […]

Yala Unveils Vision to Revolutionize DeFi With Bitcoin

Court Dismisses Custodia Bank’s Challenge Against Federal Reserve

Court Dismisses Custodia Bank’s Challenge Against Federal ReserveIn a significant ruling, a federal judge has dismissed Custodia Bank Inc.’s claim for entitlement to a Federal Reserve master account, marking a setback for the Wyoming-based depository institution. Custodia Bank argued that the Federal Reserve Bank of Kansas City (FRBKC) was legally obliged to grant its application for a master account, a critical financial […]

Yala Unveils Vision to Revolutionize DeFi With Bitcoin

Peter Schiff Warns of Severe Economic Repercussions, Highlights Inflation and Money Supply Concerns

Peter Schiff Warns of Severe Economic Repercussions, Highlights Inflation and Money Supply ConcernsIn a recent analysis, economist Peter Schiff draws stark comparisons between the current U.S. economic optimism and the prelude to the 2008 financial crisis. Schiff, leveraging his expertise, warns of impending financial turmoil, emphasizing the critical role of money supply in understanding economic health. Peter Schiff Warns: U.S. Economy on the Brink, Echoes of 2008 […]

Yala Unveils Vision to Revolutionize DeFi With Bitcoin

Powell: Economy Progresses but Inflation Still ‘Too High’ to Adjust Benchmark Rate

Powell: Economy Progresses but Inflation Still ‘Too High’ to Adjust Benchmark RateOn Wednesday, March 20, 2024, the Federal Open Market Committee (FOMC) declared that there will be no change to the federal funds rate for the time being. The committee emphasized its intention not to lower the target rate until there is “greater confidence that inflation is moving sustainably” toward the 2% target. Fed Pauses Rate […]

Yala Unveils Vision to Revolutionize DeFi With Bitcoin

‘Worrying’ Metric Shows Massive Inflation Spike Hammered US, Far Higher Than Reported: Former Treasury Secretary Larry Summers

‘Worrying’ Metric Shows Massive Inflation Spike Hammered US, Far Higher Than Reported: Former Treasury Secretary Larry Summers

Former U.S. Treasury Secretary Lawrence Summers says an old school method of tracking inflation may reveal the real amount of economic pain that Americans have had to endure. Summers has co-authored and released a new paper exploring the effect of high interest rates on the American consumer. The paper, in part, aims to paint an […]

The post ‘Worrying’ Metric Shows Massive Inflation Spike Hammered US, Far Higher Than Reported: Former Treasury Secretary Larry Summers appeared first on The Daily Hodl.

Yala Unveils Vision to Revolutionize DeFi With Bitcoin

$4,165,000,000 in Deposit Flight Hits New York Bank As Federal Reserve Chair Jerome Powell Warns More Lenders Will Collapse

,165,000,000 in Deposit Flight Hits New York Bank As Federal Reserve Chair Jerome Powell Warns More Lenders Will Collapse

A New York-based bank is witnessing the exodus of billions of dollars in deposits amid an industry-wide warning from Fed Chair Jerome Powell. New York Community Bank’s (NYCB) new earnings report shows total deposits fell from $81.365 billion at the end of start of the year to $77.2 billion on March 6th – a drop […]

The post $4,165,000,000 in Deposit Flight Hits New York Bank As Federal Reserve Chair Jerome Powell Warns More Lenders Will Collapse appeared first on The Daily Hodl.

Yala Unveils Vision to Revolutionize DeFi With Bitcoin