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Breaking
Donald Trump Promises To End Joe Biden's 'War On Crypto'
Trump, who disregarded crypto as a viable finance, has recognized its place in America's economic future in recent days.
Trump clarified his crypto stance in a speech on June 12, 2024.
He declared, "All remaining Bitcoin to be made in the USA."
This stance contrasts sharply with Biden's more cautious approach to crypto.
Biden's Executive Order (EO) from March 2022 illustrates this — calling for federal agencies to oversee digital assets more closely
Breaking
Donald Trump Promises To End Joe Biden's 'War On Crypto'
Trump, who disregarded crypto as a viable finance, has recognized its place in America's economic future in recent days.
Trump clarified his crypto stance in a speech on June 12, 2024.
He declared, "All remaining Bitcoin to be made in the USA."
This stance contrasts sharply with Biden's more cautious approach to crypto.
Biden's Executive Order (EO) from March 2022 illustrates this — calling for federal agencies to oversee digital assets more closely
😱🚀🚀Bitcoin meeting from Biden administration: Date given to participants
While #donaldtrump accelerates his steps towards crypto as election day approaches, his rival #JoeBiden continues his counter moves. Finally, officials from the Biden administration will meet with relevant parties and discuss Bitcoin and blockchain at the roundtable meeting planned to be held in early July.
According to Bitcoin Magazine, the meeting will be hosted by Democratic Congressman Ro Khanna, who represents California's 17th district, which includes Silicon Valley. Biden administration officials, House of Representatives and Senate officials, and American businessman Mark Cuban will attend the meeting to be held in Washington DC. It was noted that the meeting aimed to ensure Bitcoin and blockchain innovation in the USA.
In the statement made by Khenna's office, it was emphasized that the planned meeting will be the most important meeting to date between policy makers and innovation leaders in the blockchain industry.
Known for his pro-crypto industry stance, Khanna supported the FIT21 bill, which focuses on the CFTC and limits the Securities and Exchange Commission (SEC)'s authority to regulate cryptocurrencies.
Donald Trump, on the other hand, fully supports crypto. Trump, who was known for his anti-Bitcoin statements during his presidency, has the exact opposite attitude in this election period in which he is a candidate again. In his speech at a convention last month, the presidential candidate said, “I will end Biden's operation to destroy crypto. “I will ensure that the future of crypto and Bitcoin is written in the USA.” He made a statement. Trump, who also started accepting donations in cryptocurrency for his campaign, recently met with officials of Bitcoin mining companies.
Finally, it was written that Biden also started working to receive donations through cryptocurrency.
#BTC #US #binance
While #donaldtrump accelerates his steps towards crypto as election day approaches, his rival #JoeBiden continues his counter moves. Finally, officials from the Biden administration will meet with relevant parties and discuss Bitcoin and blockchain at the roundtable meeting planned to be held in early July.
According to Bitcoin Magazine, the meeting will be hosted by Democratic Congressman Ro Khanna, who represents California's 17th district, which includes Silicon Valley. Biden administration officials, House of Representatives and Senate officials, and American businessman Mark Cuban will attend the meeting to be held in Washington DC. It was noted that the meeting aimed to ensure Bitcoin and blockchain innovation in the USA.
In the statement made by Khenna's office, it was emphasized that the planned meeting will be the most important meeting to date between policy makers and innovation leaders in the blockchain industry.
Known for his pro-crypto industry stance, Khanna supported the FIT21 bill, which focuses on the CFTC and limits the Securities and Exchange Commission (SEC)'s authority to regulate cryptocurrencies.
Donald Trump, on the other hand, fully supports crypto. Trump, who was known for his anti-Bitcoin statements during his presidency, has the exact opposite attitude in this election period in which he is a candidate again. In his speech at a convention last month, the presidential candidate said, “I will end Biden's operation to destroy crypto. “I will ensure that the future of crypto and Bitcoin is written in the USA.” He made a statement. Trump, who also started accepting donations in cryptocurrency for his campaign, recently met with officials of Bitcoin mining companies.
Finally, it was written that Biden also started working to receive donations through cryptocurrency.
#BTC #US #binance
🚨🔥Breaking News: Fed keeps interest rates steady amid mixed economic signals Bitcoin gives positive signal🔥🚨
As almost all markets expected, the Federal Reserve kept short-term policy interest rates between 5.25% and 5.5% at its June meeting that ended Wednesday.
This was the seventh consecutive year that policy actions at the Federal Open Markets Committee (FOMC) left rates unchanged; This reflects mixed distributions from leading #US economic data. Job creation was stronger than expected in May, but inflation slowed slightly.
For mortgage companies, the #Fed decision signals that mortgage interest rates will remain high for a longer time. Following rising inflation data Wednesday morning, the 30-year fixed rate for conforming loans was at 7.19%, according to the HousingWire Center for Mortgage Rates.
Now Tuesday is the Fed's next move. Officials no longer expect three interest rate cuts for 2024 as stated in March; Expect two rate cuts, or possibly one, as more evidence is needed that the economy is cooling.
Monetary policy details, according to the CME FedWatch Tool in measuring changes in interest rates in the coming sessions, indicate that the probability of interest rates remaining unchanged in July is 85.5%, and the probability of a rate cut in September is 72.7%.
#BTC #bitcoin
As almost all markets expected, the Federal Reserve kept short-term policy interest rates between 5.25% and 5.5% at its June meeting that ended Wednesday.
This was the seventh consecutive year that policy actions at the Federal Open Markets Committee (FOMC) left rates unchanged; This reflects mixed distributions from leading #US economic data. Job creation was stronger than expected in May, but inflation slowed slightly.
For mortgage companies, the #Fed decision signals that mortgage interest rates will remain high for a longer time. Following rising inflation data Wednesday morning, the 30-year fixed rate for conforming loans was at 7.19%, according to the HousingWire Center for Mortgage Rates.
Now Tuesday is the Fed's next move. Officials no longer expect three interest rate cuts for 2024 as stated in March; Expect two rate cuts, or possibly one, as more evidence is needed that the economy is cooling.
Monetary policy details, according to the CME FedWatch Tool in measuring changes in interest rates in the coming sessions, indicate that the probability of interest rates remaining unchanged in July is 85.5%, and the probability of a rate cut in September is 72.7%.
#BTC #bitcoin
😱🚀🚀Donald Trump: I will defend the rights of Bitcoin miners
#donaldtrump who is known for his positive comments about cryptocurrencies in the USA recently and is considered to be the Republican presidential candidate, although it is still not officially announced, came together with the welcome of Bitcoin mining. Trump stated that he would protect miner rights and said, "I want all the remaining Bitcoins to be mined in the USA."
Donald Trump, the former president of the United States and who is certain to run against Biden again in the 2024 elections, met with the Bitcoin mining review.
Trump, who hosted executives of some mining companies in his famous Mar-a-Lago mansion in Florida, among the participants of RIOT Platforms and Cleanspark, promised his support again.
Trump, who has recently criticized the Biden government's management of the relationship between cryptocurrencies, stated that he will not protect the rights of Bitcoin mining when he returns to his seat in the White House.
“I want all Bitcoins to be mined in the USA”
Trump promises support for miners and said, "I want all remaining Bitcoins to be mined in the United States." The former #US president continued his opposition to CBDCs and said, "Bitcoin may be our last line of defense from the war against CBDCs."
“We can trust Bitcoin enthusiasts”
Regarding mining, Matthew Schultz, the chairman of Cleanspark's board of directors, also included some of Trump's words on his X account and wrote, "Americans vote according to the strength of their pockets. That's why we can trust Bitcoiners."
#bitcoin #BTC
#donaldtrump who is known for his positive comments about cryptocurrencies in the USA recently and is considered to be the Republican presidential candidate, although it is still not officially announced, came together with the welcome of Bitcoin mining. Trump stated that he would protect miner rights and said, "I want all the remaining Bitcoins to be mined in the USA."
Donald Trump, the former president of the United States and who is certain to run against Biden again in the 2024 elections, met with the Bitcoin mining review.
Trump, who hosted executives of some mining companies in his famous Mar-a-Lago mansion in Florida, among the participants of RIOT Platforms and Cleanspark, promised his support again.
Trump, who has recently criticized the Biden government's management of the relationship between cryptocurrencies, stated that he will not protect the rights of Bitcoin mining when he returns to his seat in the White House.
“I want all Bitcoins to be mined in the USA”
Trump promises support for miners and said, "I want all remaining Bitcoins to be mined in the United States." The former #US president continued his opposition to CBDCs and said, "Bitcoin may be our last line of defense from the war against CBDCs."
“We can trust Bitcoin enthusiasts”
Regarding mining, Matthew Schultz, the chairman of Cleanspark's board of directors, also included some of Trump's words on his X account and wrote, "Americans vote according to the strength of their pockets. That's why we can trust Bitcoiners."
#bitcoin #BTC
😱🇺🇲What you need to know before Fed interest rate decision A crucial moment for Bitcoin🇺🇲😱
The #US Federal Reserve (#Fed ) will announce new interest payments this evening at 18 UTC. While it is certain that the Fed will keep interest rates constant, the statements made by the head of the institution, Jerome Powell, are eagerly awaited. When Powell's interest rate cuts may start and the interest rate cuts of the Bank of Canada and the EU Central Bank will also be distributed in the world.
Money, stock and cryptocurrency markets around the world are eagerly awaiting the Fed's interest rate decision today and the statements of its chairman, Jerome Powell. In fact, it is out of the question for the Fed to cut or increase interest rates, but Powell's statements after the decision is announced are of great importance.
In fact, interest rate cuts have been expected in the market since the systematic banking storage last year, but Powell and the Fed store presidents stated that it was much more important to keep the interest rates stable and continuous for a long time if inflation did not fall sufficiently.
The expectation is not even 1%
According to the "CME FedWatch Tool" used by analysts and economists to predict short-term interest rates, the probability of a rate cut tonight is not even 1%. Markets predict that the Fed will keep interest rates constant at 99.4% this evening.
New dot chart will be announced
On the other hand, the dot chart, where all surgical procedures and the Fed's predictions about the interest rate course can be seen, will be updated this evening. Dot plots are announced in 4 of the 8 meetings held annually. In this evening's update of the chart for March, June, September and December, it will be seen when the Fed is expected to cut interest rates early.
In the last dot-plot chart (March), it was seen that most of the members expected a 5 percent decrease in interest amounts for 2024. However, members' interest rate reduction predictions for 2024 will come true due to regularly high inflation.
#BTC #binance
The #US Federal Reserve (#Fed ) will announce new interest payments this evening at 18 UTC. While it is certain that the Fed will keep interest rates constant, the statements made by the head of the institution, Jerome Powell, are eagerly awaited. When Powell's interest rate cuts may start and the interest rate cuts of the Bank of Canada and the EU Central Bank will also be distributed in the world.
Money, stock and cryptocurrency markets around the world are eagerly awaiting the Fed's interest rate decision today and the statements of its chairman, Jerome Powell. In fact, it is out of the question for the Fed to cut or increase interest rates, but Powell's statements after the decision is announced are of great importance.
In fact, interest rate cuts have been expected in the market since the systematic banking storage last year, but Powell and the Fed store presidents stated that it was much more important to keep the interest rates stable and continuous for a long time if inflation did not fall sufficiently.
The expectation is not even 1%
According to the "CME FedWatch Tool" used by analysts and economists to predict short-term interest rates, the probability of a rate cut tonight is not even 1%. Markets predict that the Fed will keep interest rates constant at 99.4% this evening.
New dot chart will be announced
On the other hand, the dot chart, where all surgical procedures and the Fed's predictions about the interest rate course can be seen, will be updated this evening. Dot plots are announced in 4 of the 8 meetings held annually. In this evening's update of the chart for March, June, September and December, it will be seen when the Fed is expected to cut interest rates early.
In the last dot-plot chart (March), it was seen that most of the members expected a 5 percent decrease in interest amounts for 2024. However, members' interest rate reduction predictions for 2024 will come true due to regularly high inflation.
#BTC #binance
🚨 BREAKING 🚨
ELIZABETH WARREN HAS SENT A LETTER TO JEROME POWELL ASKING FOR RATE CUTS
POLITICIANS ARE NOW TRYING TO INFLUENCE FED TO DO RATE CUTS
THIS IS BULLISH FOR RISK-ON ASSETS LIKE BITCOIN AND CRYPTO
#IOprediction #Binance200M #TopCoinsJune2024 #ETHETFsApproved #US $BTC $ETH $BNB
ELIZABETH WARREN HAS SENT A LETTER TO JEROME POWELL ASKING FOR RATE CUTS
POLITICIANS ARE NOW TRYING TO INFLUENCE FED TO DO RATE CUTS
THIS IS BULLISH FOR RISK-ON ASSETS LIKE BITCOIN AND CRYPTO
#IOprediction #Binance200M #TopCoinsJune2024 #ETHETFsApproved #US $BTC $ETH $BNB
Both consumer prices and U.S. income are rising at a rate above pre-pandemic trends
The savings rate has also rebounded at 4.7% (though still well below the pre-pandemic average. translate 7%).
#Ufin #US #LucidHoang #pandemi
The savings rate has also rebounded at 4.7% (though still well below the pre-pandemic average. translate 7%).
#Ufin #US #LucidHoang #pandemi
US Treasury Secretary Yellen: No proposals to completely ban crypto activities, but a strong regulatory framework is needed.
#US #zero2hero #BTC #crypto2023
#Stablecoins
#US #zero2hero #BTC #crypto2023
#Stablecoins
🇺🇸👀 Retail Sales (Jan) +3% (exp. +1.8%)
NY Empire State Manufacturing Index (Feb) -5.8
#US #crypto2023 #cryptonews
NY Empire State Manufacturing Index (Feb) -5.8
#US #crypto2023 #cryptonews