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Three Reasons Why the Bitcoin (BTC) Price Could Hit a New ATH Before the End of 2024

The first half of 2024 was more than successful for Bitcoin (BTC), whose price reached an all-time high of over $73,500 in mid-March. It currently trades for an increase of…

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Financial Expert’s Contrarian View: Lower Oil Prices, Weaker US Dollar Under Trump

Michael Kao, a financial analyst and commentator renowned for his accurate predictions on oil and the U.S. dollar, offers a contrarian perspective on former President Donald Trump’s potential impact on…

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Coinbase Report: Crypto Market Shook by German BTC Sales; Recovery Expected by September Despite US Economic Slowdown

The third quarter of 2024 has been tumultuous for the crypto market, with significant selling pressures and regulatory uncertainties affecting bitcoin and other digital assets. Coinbase Institutional reports that indiscriminate…

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US Inflation Eases With 0.1% Drop in June; Biden Faces Gas Reserve Accusations

The U.S. consumer price index (CPI) fell by 0.1% in June. The decline, primarily due to reduced gasoline prices, brought the annual inflation rate to its lowest in over three…

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Federal Reserve Fines Citigroup $60.6 Million for Ongoing Risk Management Deficiencies

The U.S. Federal Reserve has imposed a $60.6 million fine on Citigroup for continued failures in its risk management and data quality practices. The enforcement action follows Citigroup’s insufficient progress…

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Fed Chair Powell Reveals No Contact With Biden in 2 Years Amid Economic Challenges

Amid swirling speculation in Washington D.C. about whether President Joe Biden will seek reelection in 2024 and questions about who really governs the nation, Fed Chair Jerome Powell disclosed that…

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Citi Analysts Predict 8 Weeks of Fed Rate Cuts Starting in September, Powell Seeks Evidence

Analysts from Citi, the American multinational investment bank and financial services corporation, predict the U.S. Federal Reserve will begin reducing rates by September, totaling a 200 basis points (bps) cut…

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Federal Reserve’s Operating Losses Hit $176 Billion, Analysis Reveals

According to an investigative report by Pam Martens and Russ Martens the owners and operators of wallstreetonparade.com, the U.S. Federal Reserve has been consistently incurring operating losses since Sept. 28,…

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Project 2025: A Plan to Reform the US Federal Reserve and End Its ‘Monetary Dysfunction’

According to “Project 2025,” initiated by the conservative think tank the Heritage Foundation, there is a strategy aimed at implementing conservative policies effectively within the first 180 days of the…

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