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Bitcoin Core Developer: Erosion of Security Budget May Undermine Bitcoin’s Monetary Fundamentals

James O’Beirne, a Bitcoin Core developer, has raised concerns about the state of Bitcoin’s security budget and how its ongoing erosion might jeopardize what he refers to as ‘property rights.’…

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Russian Finance Minister: Western Policies Hurt the US Dollar

Russian Finance Minister Anton Siluanov believes that the policies of the US and its Western allies are affecting the role of the U.S. dollar as a reserve currency. Siluanov stated…

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CME Fedwatch Favors Half-Point Cut Ahead of FOMC Meeting

In just 40 days, the U.S. Federal Open Market Committee (FOMC) will gather to decide whether the central bank will lower the benchmark interest rate. This pivotal moment occurs two…

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JPMorgan CEO Jamie Dimon on Fed Rate Cuts: Bigger Economic Problems Ahead

JPMorgan Chase CEO Jamie Dimon has downplayed the significance of Federal Reserve rate cuts, emphasizing that broader economic forces are at play. He cautioned against focusing too much on the…

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Fed Slashes Benchmark Interest Rate by 50bps in First Cut Since 2020

On Wednesday, the U.S. Federal Reserve lowered its benchmark interest rate for the first time since March 2020. The Sept. 18, 2024 rate cut amounted to 50 basis points (bps),…

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In-Depth Study Reveals Stablecoins as Pivotal Players in Global Finance

As digital economies evolve, stablecoins emerge not just as mere facilitators for crypto trading but as pivotal tools in global financial systems. A comprehensive report by Castle Island Ventures and…

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Academic Paper Questions Federal Reserve Independence and Exposes Political Ties

Thomas Joseph Webster, Professor Emeritus of Economics at Pace University, challenges the long-held belief in the Federal Reserve’s political independence in his comprehensive report, “The Myth of Fed Political Independence.”…

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