Key Points:Jerome Powell confirms Fed’s independence despite Trump’s rate cut request.Market reassured by the reiteration of policy autonomy.Bitcoin reacts neutrally to the Fed’s independence statement.
President Trump’s push for interest rate…
Key Takeaways:The US Federal Reserve Open Market Committee (FOMC) interest rate decision on May 7 will be a defining moment for risk-on assets, including cryptocurrencies. While the consensus points to…
Changpeng ‘CZ’ Zhao, the founder and former CEO of Binance, has responded to a growing rumor that he secretly works for the US Federal Reserve and never served jail time.…
Today's episode is sponsored by CME Group.Today’s Stories:Bitcoin - Monthly ReturnSEC Must Review Grayscale's Bitcoin ETF Bid After Previous Rejection, Appeals Court Ruleshttps://x.com/EricBalchunas/status/1711386982226485391?s=20Billionaire Paul Tudor Jones Backs Bitcoin and Gold as…
Key Points:Leadership speeches and monetary policy announcements to influence markets.Bitcoin anticipation due to FOMC events.Institutional reactions amid economic projections.
The Federal Open Market Committee (FOMC) will announce its rate decision, followed…
To get the show every day, follow the podcast here.On "Markets Daily," host Jennifer Sanasie speaks with Dessislava Aubert, senior research analyst at Kaiko, about how markets reacted to yesterday's…
In brief
Rep. Lance Gooden (R., Texas) has urged the GSA to install crypto ATMs in federal buildings.
He described the move as in line with Trump’s ambitions for U.S. blockchain leadership.
But…
Key Points:Federal Reserve strategized potential aggressive rate cuts by the end of 2023.
US interest rate strategist Ira Jersey provides insights.
Market prepares for response to anticipated financial shifts.…
Major cryptocurrencies remained unchanged on Thursday as President Donald Trump warned of removing Federal Reserve Chair Jerome Powell due to postponed monetary easing steps. What happened: Bitcoin swung between the surging…