📊📉 #BTC CryptoQuant Network Activity Index is approaching a 4-year low
The Index takes into consideration the growth in key network indicators such as:
- Active addresses
- Transactions
- Total UTxOs in existence
- Number of bytes per block
The declining index indicates reduced interest and activity on the Bitcoin network.
The Index takes into consideration the growth in key network indicators such as:
- Active addresses
- Transactions
- Total UTxOs in existence
- Number of bytes per block
The declining index indicates reduced interest and activity on the Bitcoin network.
🇺🇸🕹 WSJ: Trump may issue an executive order to protect cryptocurrency companies from debunking, ending Operation Chokepoint 2.0.
💰 #UMA Polymarket is closing in on raising $200 million in funding at a valuation in excess of $1 billion.
📊 #BTC Ecoinometrics: The Fed still expects two rate cuts this year
That keeps the door open for more Bitcoin upside, with liquidity conditions remaining broadly supportive.
At this point international trade and geopolitical tensions are the only two wild card for inflation that might have the FOMC change its mind.
That keeps the door open for more Bitcoin upside, with liquidity conditions remaining broadly supportive.
At this point international trade and geopolitical tensions are the only two wild card for inflation that might have the FOMC change its mind.
💰 #ETH SharpLink Gaming acquired another 12,207 ETH bringing their total assets to 188,478 ETH.
💰 Pompliano's Procap company bought 3,724 Bitcoins at $103.78 (worth a total of $386.5 million).
🗽👀 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.
CRYPTO - MAGAZINE
🗽👀 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.
🇺🇸🗣 #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.
🇺🇸🙅♂ #BTC Powell: The Fed does not own BTC and is not looking to acquire it.