Digital Asset Funds Witness Major Shake-up Amid Fed’s Hawkish Stance: Coinshares

June 17, 2024 Bitcoin.com

Bitcoin

Digital asset investment products have seen substantial outflows totaling $600 million, marking the most significant withdrawal since March 22, 2024. According to Coinshares and lead researcher James Butterfill, this exodus is attributed to a hawkish Federal Open Market Committee (FOMC) stance, leading investors to reduce their exposure to fixed-supply assets like bitcoin. Coinshares Flow Report […]

HashKey set to airdrop HSK tokens this June

Fed President Kashkari Finds Bank of America’s December Rate Cut Prediction Reasonable

June 17, 2024 Bitcoin.com

Bank of America

Minneapolis Federal Reserve President Neel Kashkari addressed Bank of America’s prediction for a potential Fed interest rate cut this year in an interview with CBS News on Sunday. Bank of America predicts that the Fed will cut rates once this year, likely in December. “I think that’s a reasonable prediction,” Kashkari said, noting that it […]

HashKey set to airdrop HSK tokens this June

Don’t Expect Altseason Until This Happens, According to Crypto Analyst Benjamin Cowen

June 16, 2024 The Daily Hodl

Altcoins

A widely followed crypto analyst says that investors shouldn’t expect altcoin season until the Federal Reserve makes its next move. In a new video update, crypto strategist Benjamin Cowen tells his 802,000 YouTube subscribers that altseason likely won’t happen until the Fed loosens monetary policy and cuts interest rates. According to Cowen, in the last […]

The post Don’t Expect Altseason Until This Happens, According to Crypto Analyst Benjamin Cowen appeared first on The Daily Hodl.

HashKey set to airdrop HSK tokens this June

Utah Senator Seeks to Abolish Federal Reserve

June 14, 2024 Bitcoin.com

bitcoin.com

Republican Senator Mike Lee from Utah has introduced legislation to abolish the U.S. central bank and its Board of Governors. Lee contends that the U.S. Federal Reserve has “repeatedly failed” the American public and argues for its dissolution. Federal Reserve Targeted for Abolition by Senator Mike Lee Following the lead of House Representative Thomas Massie […]

HashKey set to airdrop HSK tokens this June

Ryze Labs Weighs In: Fed’s Stance on Interest Rates and Its Impact on Market Dynamics

June 14, 2024 Bitcoin.com

Bitcoin

Following the release of lower-than-anticipated CPI data on June 12, U.S. equities climbed to record highs, with bitcoin exceeding $70,000. However, Ryze Labs, a venture capital firm investing in blockchain and Web3 projects worldwide, particularly in emerging markets, stated that the Federal Reserve’s hawkish dot plot forecast and subsequent comments by Chair Jerome Powell led […]

HashKey set to airdrop HSK tokens this June

US Senators Urge Federal Reserve to Cut Interest Rates — Warn Fed Policy Threatens Economy, Risks Recession

June 11, 2024 Bitcoin.com

bitcoin.com

Three U.S. senators have urged Federal Reserve Chair Jerome Powell to cut interest rates, arguing that high rates stifle the economy and raise housing and auto insurance costs, which are key inflation drivers. They warn that prolonged high rates risk a recession and increased unemployment, calling for immediate rate cuts to stabilize the economy. Senators […]

HashKey set to airdrop HSK tokens this June

Economist Henrik Zeberg Says Altcoins Set To Go ‘Flying’ in Blow-Off Top Style Euphoric Bull Run

June 10, 2024 The Daily Hodl

Altcoins

Economist Henrik Zeberg says that the altcoin market is setting up for a parabolic run to new highs before the global economy witnesses a recession. Zeberg tells his 143,000 followers on the social media platform X that he’s looking at the TOTAL-ETH-BTC chart, which measures the entire market cap of crypto assets besides Bitcoin (BTC) […]

The post Economist Henrik Zeberg Says Altcoins Set To Go ‘Flying’ in Blow-Off Top Style Euphoric Bull Run appeared first on The Daily Hodl.

HashKey set to airdrop HSK tokens this June

Nobel Laureate Paul Krugman Claims ‘Inflation Bump Is Over’ — Peter Schiff Says Krugman’s View ‘Should Be Dismissed’

June 2, 2024 Bitcoin.com

Beige Book

Nobel Prize-winning economist Paul Krugman and gold advocate Peter Schiff are in disagreement over inflation. Krugman believes that “the inflation bump is over.” However, Schiff argues that Krugman didn’t even foresee the inflation bump, emphasizing that the Nobel laureate’s view on inflation should be disregarded. Schiff explained that “all indicators point to a reacceleration of […]

HashKey set to airdrop HSK tokens this June

Ex-Coinbase Executive Balaji Srinivasan Slams Federal Reserve’s ‘Unpredictable Monetary Policy’ – Here’s Why

May 29, 2024 The Daily Hodl

Bitcoin

Former Coinbase executive Balaji Srinivasan isn’t a fan of the U.S. Federal Reserve. Srinivasan says on the social media platform X that the Fed represents “unpredictable monetary policy,” compared to Bitcoin (BTC), which he says is “predictable monetary policy.” “If you made the graph of Bitcoin’s predicted issuance versus its actual issuance over the last […]

The post Ex-Coinbase Executive Balaji Srinivasan Slams Federal Reserve’s ‘Unpredictable Monetary Policy’ – Here’s Why appeared first on The Daily Hodl.

HashKey set to airdrop HSK tokens this June

US Treasury Secretary Yellen Warns of Challenges in Controlling Deficits and Interest Expense

May 27, 2024 Bitcoin.com

Biden Administration

U.S. Treasury Secretary Janet Yellen has stressed the importance of managing U.S. borrowing needs amid higher long-term interest rates, emphasizing the need to boost revenue in budget negotiations. “We’ve raised the interest-rate forecast. That does make a difference. It makes it somewhat more challenging to keep deficits and interest expense under control,” Yellen told Bloomberg […]

Federal Reserve

Share this video