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Crypto De Nostradame
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🧙♂️ While it took 20 years for Blackrock's Gold ETF to reach $33 billion, the Blackrock Bitcoin ETF nearly doubled this amount in less than a year.
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🗣️Fed Chair Powell: It may take another one or two years from here to reach the 2% target. 🗣️ Federal Reserve Chairman Jerome Powell: The Federal Reserve is not allowed to own Bitcoin $BTC $ETH $BNB #BTCNewATH #BinanceAlpha #BinanceAirdropsCATandPENGU
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🗣️Fed Chair Jerome Powell: •We may be more cautious about cutting rates. •We do not have a predetermined trajectory on interest rates. •Policy is less restrictive now than when the rate cuts began. •Policymakers' interest rate projections are higher for next year, consistent with higher inflation. •We think inflation risks and uncertainties are higher.
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🗣️Fed Chair Jerome Powell: •We are focused on two goals. The labor market remains strong. •Economic activity has expanded steadily. •Inflation is closer to our 2% target. •The labor market remains strong. •Improving supply has supported U.S. economic performance. •We lowered the interest rate range today and are moving toward a more neutral level. •Risks to achieving the goals are roughly balanced.
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🇺🇸 The Fed reduced the interest rate by 25 basis points. •The Fed sees risks to inflation and employment targets as more or less balanced, as in November. •The rate cut decision was made by 11 votes to 1. •When evaluating the timing and size of additional rate adjustments, future data, the development of the outlook and the balance of risks will be taken into account. •2024 year-end median interest rate expectation 4.4% (Previous 4.4%) •2025 year-end median interest rate expectation 3.9% (Previous 3.4%) •2026 year-end median interest rate expectation 3.4% (Previous 2.9%) •Long-term median interest rate expectation 3.0% (Previous 2.9%) Markets are pricing in a 90% chance that the Fed will keep interest rates unchanged in January.
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🧙♂️ Osprey company launched the first #BNB fund in the USA. -Reuters
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