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Is Bitcoin Eyeing Another Bull Run or Crypto Winter?
The world of cryptocurrencies has been a hotbed of speculation and anticipation, frequently characterized by extraordinary volatility. Investors and enthusiasts are constantly looking for hints and insights to estimate the future trajectory of the cryptocurrency market, particularly Bitcoin, the pioneer and flagship cryptocurrency. Everyone is wondering whether Bitcoin is on the verge of another bull run or if the crypto winter is just around the horizon. The history of Bitcoin is marked by periods of rapid price gains followed by large corrections. These cycles are frequently referred to as bull markets (periods of ... (full story)
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post: US PRESSES ISRAEL TO DELAY GAZA INVASION TO WIN HOSTAGE RELEASE post: Two unnamed American hostages, a mother and daughter, are being released by Hamas and are on their way out of Gaza, sources say. https://t.co/A9aZBM4pLw
Binance, the largest cryptocurrency exchange by volume, has launched USDⓈ-M BSV Perpetual Contract with up to 50x leverage, years after delisting the Bitcoin SV (BSV) spot trading ...
post: Fed’s Mester: Fed Is At Or Near Peak Of Rate Hike Cycle - Reiterates Her Outlook Aligns With Forecasts Eyeing One More Hike - If Sustained, Higher Yields Will Help Moderate Economic Activity - Fed Needs To Be ‘Nimble’ With MonPol Right NowMonetary Policy in Word and Deed I thank the Shadow Open Market Committee for inviting me to speak today. The SOMC is known for fostering an active exchange of diverse views on the economy and monetary policy, with the aim of contributing to better policy decisions. I believe robust policy discussions and deliberations are very constructive, and I am looking forward to the question-and-answer portion of this session. To help frame that discussion, let me start with a review of economic developments and my perspectives on monetary policy. The views I present will be my own and not necessarily those of the Federal Reserve System or of my colleagues on the Federal Open Market Committee. Jane Austen is often (erroneously) credited with having written: “It isn’t what we say or think that defines us, but what we do.” That sentiment is only partially true in monetary policymaking. It is true in the sense that a central bank will lose its credibility with the public if it merely says it is committed to 2 percent inflation but does not take action to bring high inflation down. In this case, high inflation could become embedded in people’s view of the economy and affect their behavior in ways inconsistent with price stability, making it much harder for the central bank to achieve its policy goals. But the quote does not fully apply to monetary policymaking because how and what policymakers communicate are very important in aligning the public’s expectations with policy actions, and this alignment can make these actions more effective. The FOMC’s policy actions and communications have contributed to discernible progress on inflation. As we calibrate policy to finish the job, both word and deed will continue to be important. This is particularly true because the economic environment is quite uncertain. The events in the Middle East are still unfolding, adding uncertainty to what was already an uncertain geopolitical environment. The Israel-Hamas War is a human tragedy. It is too soon to determine the full economic and financial market ramifications of the war for the global economy, but they will need to be considered as we chart the future path of monetary policy to achieve our dual mandate goals. Over the past three years, the pandemic and its afterm
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Bitcoin rose above $30,000 on Oct. 20, indicating that the path of least resistance is to the upside. Grayscale Investments filing a new application with the United States ...
BONDS! The global bond market is repricing faster than Travis Scott tickets as a confluence of factors creates a crazy mismatch between supply and demand for fixed income ...
Optimism around a spot Bitcoin exchange-traded fund (ETF) is growing as Coinbase and JPMorgan Chase recently said they expect approval for the instrument. Wall Street giant ...
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- Posted: Oct 20, 2023 1:35pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 211