What The Crypto Market Can Expect

Este artículo también está disponible en español. As the Federal Open Market Committee (FOMC) meets today, the crypto market’s focus is on the Federal Reserve’s forthcoming announcements. Scheduled for 2:00 PM ET are both the Fed Interest Rate Decision and the FOMC Statement, with Fed Chair Jerome Powell’s press conference following at 2:30 PM ET….

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JPMorgan’s Bold Call: Why Carry Trades May Be Facing Their Final Days

A new JPMorgan report warns that carry trades are losing effectiveness as global interest rates decline, urging investors to be more selective with currency risks. The Japanese yen has lost appeal after unexpected rate hikes, while the Swiss franc carries potential bullish risks. JPMorgan suggests rethinking strategies as carry trade returns are expected to diminish…

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A New Fed Working Paper Aims to Rein in Bitcoin With Taxes or Prohibition—Here’s Why It’s Flawed

In a working paper, Amol Amol and Erzo G.J. Luttmer from the Federal Reserve Bank of Minneapolis argue that prohibiting bitcoin or imposing specific taxes could help governments implement permanent primary deficits effectively. Their research explores the impact of bitcoin on fiscal policies and offers potential solutions. The Case Against Bitcoin: The Minneapolis Federal Reserve’s…

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Crypto Market Set for a Boost?

Powell rate cuts are signaling potential changes for the cryptocurrency market. Federal Reserve Chair Jerome Powell recently outlined plans for future interest rate cuts. This has sparked discussion about impacts on digital assets and inflation fears. Also Read: Solana (SOL) Predicted To Grow 5x To $776: Here’s When Understanding the Impact of Powell’s Rate Cuts…

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JPMorgan Forecasts Potential 50bps Rate Cut in November Following Recent Fed Move

JPMorgan Chase sees the possibility of the Federal Reserve making another significant rate cut in November, possibly by 50 basis points. The bank, which predicted this week’s half-point cut, believes further reductions are likely if the job market weakens. While some other Wall Street firms have adjusted their outlooks, JPMorgan remains confident in its forecast,…

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Impact of Fed Rate Cuts on Crypto Markets, Bybit Executive Weighs In

Bybit’s head of institution has shared his insights into the possible effects of the Federal Reserve’s rate cuts on the cryptocurrency market. “We anticipate that the recent rate cut could enhance market sentiment and encourage both retail and institutional investors to diversify their portfolios by exploring and investing in cryptocurrencies,” he opined. Bybit’s Chris Aruliah…

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Bitcoin Dominates Crypto Inflows, Investors Eyes to Federal Reserve Rate Cuts

Bitcoin saw a significant recovery, attracting $436 million in inflows as market optimism grows over potential U.S. Federal Reserve interest rate cuts. Ethereum faces $19 million outflows due to concerns over profitability in its Layer 1 operations, while Solana continues to attract positive inflows. Digital asset investment products have rebounded dramatically, with CoinShares reporting inflows…

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Peter Schiff: Fed Is About to Make Major Policy Mistake That Will Crush US Dollar, Reignite Inflation

Economist and gold advocate Peter Schiff has issued a strong warning that the Federal Reserve is on the verge of repeating its past policy errors. He explained that the Fed’s anticipated actions, particularly interest rate cuts, “will be followed by a return to QE, another repeat mistake that will engender more debt and send consumer…

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Arthur Hayes Compared Fed Actions To ‘Sugar High’, Might Have Ripple Effects On BTC

Crypto Live News Author: Nidhi Kolhapur Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain. Aug 28, 2024 18:13 Arthur Hayes has compared the US Federal Reserve’s actions to that of a short-term ‘sugar high’ for…

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JPMorgan Strategist Predicts US Liquidity to Contract as Temporary Boosts Fade

JPMorgan strategist Nikolaos Panigirtzoglou has discussed recent changes in the U.S. M2 money supply, noting a temporary rebound following a decline in April. He expects U.S. liquidity to contract again, similar to 2022, influenced by the Fed’s ongoing quantitative tightening (QT) and slower bank loan growth. JPMorgan Strategist Foresees U.S. Liquidity Contraction Ahead Nikolaos Panigirtzoglou,…

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