🗽👀 Powell: Banks can provide banking services to the cryptocurrency industry and conduct related business as long as the financial system is safe and sound.
Legislation related to stablecoins is moving forward.
Legislation related to stablecoins is moving forward.
🇺🇸🗣 #macro Powell:
- We don't see any signs of weakness in the labor market. If we see weakness in the labor market, we will take steps to adjust. As long as the economy remains strong, we may pause for a while;
- Our current interest rate level is high;
- The reason we are not lowering the interest rate now is that both the Fed's domestic and external economic forecasts indicate that inflation will rise significantly this year;
- A weakening labor market suggests a more rapid rate cut.
- We don't see any signs of weakness in the labor market. If we see weakness in the labor market, we will take steps to adjust. As long as the economy remains strong, we may pause for a while;
- Our current interest rate level is high;
- The reason we are not lowering the interest rate now is that both the Fed's domestic and external economic forecasts indicate that inflation will rise significantly this year;
- A weakening labor market suggests a more rapid rate cut.
📊 #TRX CQ: The old TRX wallets are on the move again.
A SOPR of 4.74 indicates that the spent coins were sold at 4.74 times their original value for a 374% profit. This suggests that the movement came at the expense of the wallets of long-term holders who remained inactive for nearly two years.
A SOPR of 4.74 indicates that the spent coins were sold at 4.74 times their original value for a 374% profit. This suggests that the movement came at the expense of the wallets of long-term holders who remained inactive for nearly two years.
🇺🇸🙅♂ #BTC Powell: The Fed does not own BTC and is not looking to acquire it.
🪨 BlackRock is back to buying #ETH — withdrawing 11,185 ETH ($27.2M) today.
📈 #SOL CME futures volume hit an all-time high of 1.75 million contracts, reflecting rising institutional interest as the price climbs back to $145.
🏀 BBG: The Ledger logo will appear during this week's NBA Draft. Ledger has signed a partnership deal with the San Antonio Spurs — the company’s logo will be featured on the team’s jerseys.
📈 #SOL CME futures volume hit an all-time high of 1.75 million contracts, reflecting rising institutional interest as the price climbs back to $145.
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📈 #SOL CME futures volume hit an all-time high of 1.75 million contracts, reflecting rising institutional interest as the price climbs back to $145.
📈 #SOL CME futures volume hit an all-time high of 1.75 million contracts, reflecting rising institutional interest as the price climbs back to $145.