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NEW: "Don’t be a 'late in life loser' saving fake money and fake assets. Be a young and rich retiree who is financially free because you saved real assets: Gold, Silver, & #Bitcoin ," says Robert Kiyosaki. #BitEagleNews
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NEW: 🇳🇴 Hadsel residents are facing higher electricity bills after a Bitcoin mine was closed due to noise complaints. The shutdown, initially seen as a victory by local activists, has resulted in a revenue loss for the town's electricity company, which had to raise charges. #Bitcoin #BitEagleNews #Mining
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According to FedWatch the odds are in favor of a 0.5% rate cut vs 0.25% rate cut. Some analysts believe this is better so the FED doesn't move to slow and can always follow-up with another 0.25% cut next time (instead of 0.5% again). However, most professional analyst still believe it'll be 0.25% rate cut to start with. Most rate cut cycles usually begin with 0.25% as this is the easiest to monitor the situation and it allows to speed up or slow down after seeing the real-time effect. Both are perceived as bullish as the market tries to compare the effects of the rate cuts to what happened last time. To cope with covid a huge emergency rate cut was announced and we all know what happened after 👀 #RateCute #BitEagleNews
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