BNY Mellon has been approved to hold institutional Bitcoins. | GoBTC on Binance Square

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BNY Mellon has been approved to hold institutional Bitcoins.
Coincidence with the new BlackRock agreement? Institutional investors want maximum transparency and agility.
#Bitcoin   #CryptoNews   #InvestimentoInstitucional  

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The financial market is kind of like that meme with the little dog sipping coffee in a house on fire. But is it really that bad? CME futures are betting on a rate cut from the Fed in September. The odds? 56% for a 0.25% cut and 44% for a 0.50% cut. It's almost like flipping a coin! But hold on! Some experts believe we won't see a series of massive cuts. Why? They’re not buying into the whole imminent recession narrative. In fact, the view is that we're going through a "normalization" after the 2020-2022 pandemic. Now, here's an interesting detail: historically, the end of the yield curve inversion tends to coincide with the Fed cutting rates, and that’s when we usually see a mild recession. But could this time be different? The message is clear: stay sharp and invest accordingly!

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