Tag: Economy
Federal Reserve Boosts Balance Sheet Amid Rate Cut Speculation
The Federal Reserve's balance sheet has seen an increase of $2.6 billion, bringing it to $7.2 trillion. This rise comes amidst speculation about a potential rate cut as inflation cools. Despite the Fed's efforts...
Bitcoin as Reserve Currency to Strengthen the Dollar
Senator Cynthia Lummis from Wyoming recently stated that incorporating Bitcoin into the US financial system could potentially strengthen the US dollar and help it maintain its global dominance. During an interview on Fox Business,...
Bitcoin’s Potential as Global Reserve Currency Amid Inflationary Pressure
US billionaire Mark Cuban believes that Bitcoin has the potential to become a global reserve currency amidst inflationary pressure and geopolitical uncertainty. Cuban, who supports Joe Biden for re-election, stated that factors such as...
Bitcoin’s Potential Growth Amid Trump Policies and Economic Optimism
Bitcoin is expected to see continued growth in the near future, thanks to supportive economic trends and political policies. According to Fundstrat Global Advisors managing partner Thomas Lee, Bitcoin has shown resilience in the...
8 Upcoming DeFi Trends to Keep an Eye On
DeFi, or decentralized finance, is experiencing a wave of innovation that is reshaping traditional finance through innovative protocols. While some may consider DeFi to be an established sector, it is actually still evolving rapidly,...
MARA Holdings Increases Convertible Notes Offering by $150M to Meet Investor Demand
MARA Holdings has recently announced an increase in its convertible notes offering from $700 million to $850 million. This decision was made to meet the high demand from investors interested in the zero-coupon convertible...
Poland Presidential Candidate Proposes Bitcoin as National Strategic Reserve
Poland’s libertarian presidential candidate, Sławomir Mentzen, has proposed the creation of a Strategic Bitcoin Reserve if he is elected in May 2025. His vision includes turning Poland into a crypto-friendly hub with supportive regulations,...
Jerome Powell’s Hawkish Comments Impact on Crypto Markets
Federal Reserve Chairman Jerome Powell's recent comments had a noticeable impact on the crypto markets, causing a slight downturn in prices. In his speech at a Dallas conference, Powell emphasized that the current strength...
Bitcoin Mining Industry Sees 13% Production Increase in October
Bitcoin miners are not letting the increasing mining difficulty slow them down as they continue to increase their production levels. Despite the challenges posed by the rising difficulty, the top 11 Bitcoin mining companies...
Crypto Market Cap Projected to Reach $10 Trillion by 2026
Standard Chartered Bank recently released a report projecting significant growth in the crypto market cap, expecting it to reach $10 trillion by the end of 2026. The bank believes that the recent Republican win...














