Macro investor and fund manager Dan Tapiero says that Bitcoin (BTC) reaching $200,000 in 2025 is viable. In a new thread, Tapiero tells his 123,500 followers on the social media platform X that once the US government tightens up fiscal policy, the top crypto asset by market cap will skyrocket. According to Tapiero, the Federal […]
The post $200,000 Bitcoin ‘Doable’ in 2025 Courtesy of One Catalyst, Says Venture Capitalist Dan Tapiero appeared first on The Daily Hodl.
A widely followed crypto analyst is issuing a warning on Bitcoin (BTC), saying that it could dip further if bulls lose momentum. In a new thread on the social media platform X, crypto trader Justin Bennett tells 115,500 followers that the flagship digital asset could fall all the way back down to $85,000 if BTC […]
The post Analyst Justin Bennett Issues Bitcoin Alert, Says BTC Headed Lower if Bulls Lose Momentum – Here’s His Target appeared first on The Daily Hodl.
The price of Bitcoin is testing $100,000 after Fed Chair Jerome Powell issued a statement on the central bank’s ability to hold BTC. Powell took questions from reporters after announcing the Fed has lowered its key interest rate by a quarter percentage point in its third consecutive reduction. When asked if he sees any value […]
The post Bitcoin Price Drops As Jerome Powell Says Federal Reserve ‘Not Allowed’ To Hold BTC appeared first on The Daily Hodl.
An ex-bank examiner and senior manager at the Federal Reserve Bank of Richmond (FRBR) could spend decades behind bars for using confidential information to trade shares of US banks. The U.S. Justice Department (DOJ) says former FRBR senior official Robert Brian Thompson has pleded guilty to one count of insider trading and one count of […]
The post Senior Fed Official Pockets $770,000 in Insider Trading Scheme, Faces 25 Years in Prison: US Department of Justice appeared first on The Daily Hodl.
After nearly two weeks of explosive gains, crypto prices briefly cooled on Thursday and into Friday, possibly due to a speech delivered by U.S. Federal Reserve Chair Jerome Powell. Powell spoke in Dallas on Thursday and struck a somewhat ambiguous tone about future US monetary policy choices. He continued to emphasize that the Fed views […]
The post Crypto Prices Cool as Fed Chair Jerome Powell Strikes Ambiguous Tone on Future Monetary Policy Choices appeared first on The Daily Hodl.
A ban on Bitcoin? Even the suggestion as part of a thought experiment is bound to chafe the crypto community.
Bitcoin has been called many things, but a “balanced budget trap” is probably not one of them. Or at least not noticeably — until now.
A recent paper published on the Federal Reserve Bank of Minneapolis website suggests that Bitcoin (BTC), or something like it, could one day force the United States federal government to balance its budget.
That would arguably vex policymakers and legislators because they want to keep all their spending options open in case of serious emergencies, like a COVID-19 pandemic or a recession. A burst of spending can stimulate an economy, after all.
As America’s 2024 election approaches, the U.S. Federal Reserve’s Federal Open Market Committee will make a pivotal decision on the benchmark interest rate just two days later. A Quarter-Point Rate Cut? Fedwatch and Bettors Reveal the Odds Aside from the suspense of who will claim victory as the next U.S. president—a verdict that might not […]
Macro guru Lyn Alden believes global liquidity will continue to rise in 2025 but it likely won’t be as explosive as the surges witnessed in previous years. In a new interview on the Less Noise More Signal YouTube channel, the analyst says she expects global liquidity – which has historically been correlated with risk assets […]
The post Macro Guru Lyn Alden Details Outlook for Next Year, Says 2025 Likely Won’t Be ‘Explosive’ for Liquidity appeared first on The Daily Hodl.
Bank of America sees gold as the last and ultimate safe-haven asset amid rising U.S. debt, urging traders and central banks to increase their holdings. With concerns over fiscal instability and mounting interest payments, the bank forecasts gold could hit $3,000 per ounce by 2025, reinforcing its role as a critical hedge against market volatility […]
Duquesne Family Office’s Stanley Druckenmiller has revealed his latest move in the U.S. bond market. The billionaire investor who won millions in the past for Duquesne Capital does not believe that inflation will keep cooling down, and is consequently betting that a bond bust will eventually happen. Stanley Druckenmiller Makes a Short Bet Against Current […]