Auto Added by WPeMatico

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

In 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…

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

Fed Rate Cuts Hold the Key to Decoding Bitcoin’s Cyclical Behavior, Analyst Suggests

On March 28, Into The Cryptoverse CEO Benjamin Cowen postulated whether the current Bitcoin market cycle is normal or a “left-translated” one, where the peak occurs earlier than usual. Bitcoin…

Continue ReadingFed Rate Cuts Hold the Key to Decoding Bitcoin’s Cyclical Behavior, Analyst Suggests

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

On 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…

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

Will Bitcoin Enter The Danger Zone as Fed Rate Decision Looms ?

“It’s officially Fed week, the week we’ve all been waiting for,” exclaimed macroeconomics outlet The Kobeissi Letter on March 17. The US Central Bank will make its highly anticipated announcement…

Continue ReadingWill Bitcoin Enter The Danger Zone as Fed Rate Decision Looms ?

Financial Markets Tense as Inflation Rise Suggests US Central Bank May Keep Rates Steady

The U.S. Consumer Price Index (CPI), experienced a 3.2% increase over the 12 months ending in February, marginally higher by 0.1% compared to January’s CPI. This development is not being…

Continue ReadingFinancial Markets Tense as Inflation Rise Suggests US Central Bank May Keep Rates Steady

Fed Governor Discusses Crypto’s Impact on US Dollar Dominance — Says Banks Should Avoid Bitcoin ETFs as Primary Asset

A Federal Reserve governor has addressed crypto’s impact on the U.S. dollar’s dominance. Additionally, he expressed reservations about the need for a U.S. central bank digital currency (CBDC) and stated…

Continue ReadingFed Governor Discusses Crypto’s Impact on US Dollar Dominance — Says Banks Should Avoid Bitcoin ETFs as Primary Asset

Fed Chair Powell Briefs Lawmakers on US Central Bank Digital Currency Progress

Federal Reserve Chairman Jerome Powell has provided an update to Congress members regarding the Fed’s central bank digital currency (CBDC) work. “If we’re going to have a CBDC, Congress needs…

Continue ReadingFed Chair Powell Briefs Lawmakers on US Central Bank Digital Currency Progress

Three Reasons Why the Bitcoin (BTC) Price Rally Might Continue in the Short Term

TL;DR Bitcoin’s price has increased significantly, with some indicators suggesting a continuation of this upswing. The upcoming Federal Open Market Committee (FOMC) meeting and expectations around the Fed’s interest rate…

Continue ReadingThree Reasons Why the Bitcoin (BTC) Price Rally Might Continue in the Short Term