Author: NBTC
FED member Christopher Waller expressed his optimism about the course of inflation while maintaining his firm stance on the need for additional interest rate cuts. Speaking at a conference in France on Wednesday, Waller said inflation was moving steadily toward the Federal Reserve’s 2% target but said it was “too early to declare the end” of the central bank’s easing cycle. Waller highlighted the recent improvements in inflation measures and listed the reasons for his optimistic outlook: Decline in Core Inflation: The six-month annualized core inflation rate came to 2.4% in November, improving from 2.8% in the same month of…
Coinbase has achieved a significant legal milestone in its ongoing battle with the SEC, as Judge Katherine Polk Failla of the Southern District of New York granted the company a rare interlocutory appeal. According to the filing, this decision allows Coinbase to bring its case to the Second Circuit Court of Appeals. The company will challenge the SEC’s allegations, which include claims of operating as an unregistered exchange and broker-dealer. Additionally, the SEC accuses Coinbase of selling unregistered securities through its staking program. “Over the strenuous objection of the SEC, Judge Failla has granted our motion for leave to pursue…
Helm Capital Group has introduced Kowalski Coin, a blockchain-powered token that transforms arts funding by offering transparency and democratized investment opportunities. A New Era in Arts Funding For centuries, the arts have relied on a select group of wealthy patrons to fund creative endeavors. As this traditional model faces challenges with generational shifts, Helm Capital Group is stepping in with a revolutionary approach to ensure creativity continues to thrive. Introducing Kowalski Coin—a cryptocurrency designed to make arts funding transparent, inclusive, and accessible to a broader audience. The Benefit Block Model: Where Art Meets Investment Helm Capital Group’s groundbreaking Benefit Block…
Analyst Who Nailed 2022 Crypto Collapse Issues Warning, Says Bitcoin Could Hit Local Top Any Time – Here’s Why
An analyst who became popular after accurately calling the 2022 crypto meltdown is warning that Bitcoin (BTC) may hit a local top at any moment. Pseudonymous analyst Capo tells his 102,828 subscribers on the instant messaging platform Telegram that Bitcoin may abruptly retrace and give up its recent large gains. “I’m still out of the market for a few weeks now. At this point, it doesn’t matter if [Bitcpon] reaches $98,000, $99,000, or if it goes above $100,000. The local top could occur at any moment, and this movement could be fully retraced.” Capo lists a number of reasons why…
The minutes of the meeting of the FED held on December 17-18, which included details about the 25 basis point cut, were published. Here are the most important parts of the meeting minutes published by the FED: If the data plays out as expected, it would be appropriate to continue gradually moving toward a more neutral policy stance, participants said. Participants said the Fed is at or near a point where it is appropriate to slow the pace of easing. While participants expected inflation to continue moving toward the 2% target, the impact of possible trade and immigration policy changes…
Charles Hoskinson calls for a fresh start in blockchain communities, urging unity to propel crypto into the mainstream by 2025. Despite past tensions with rival ecosystems, Hoskinson believes the time is ripe for collaboration to expand blockchain’s global impact. Cardano’s founder emphasizes the importance of setting aside past conflicts to unlock the full potential of blockchain technology. Charles Hoskinson, the founder of Cardano, has urged the blockchain community to work on building the crypto ecosystem. In his latest post on X, Hoskinson addresses conflict with rivals of such ecosystems and asks the Cardano community to look forward to a new…
This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. We got another expected Biden-era cabinet member resignation today: CFTC Chair Rostin Behnam will step down from his position on Inauguration Day and leave the agency altogether in early February. Behnam, a Democrat nominated to the commission by Donald Trump in 2017, became acting chair after President Joe Biden was inaugurated. He was later confirmed by the Senate in December 2021. Trump is expected to name either Caroline Pham or Summer Mersinger, both sitting Republican commissioners, as acting chair later this month. He may or may…
In a thrilling development for Web3 sector, Tria has announced its latest collaboration with Agglayer. The partnership focuses on offering unparalleled possibilities dealing with liquidity providers, users, and decentralized applications, with the provision of a multi-chain and seamless experience. The platform took to social media to disclose this significant development. Agglayer 🤝TriaTria is bringing its cutting-edge all-VM chain abstraction stack to @agglayer, unlocking new possibilities for dApps, users, and liquidity.Here’s what it means 🧵 pic.twitter.com/6LK1QtN07O — Tria (@useTria) January 7, 2025 Tria leverages Agglayer to Revolutionize Cross-Chain Operability Tria pointed out that its partnership with Agglayer offers advanced cross-chain functionality.…
Bitcoin (BTC), the largest cryptocurrency, is approaching $100,000. While some experts are sure that the markets are already overheated, CryptoQuant’s researchers explain why the peak is nowhere near. Here’s why the situation might mirror the cautious optimism of Q2, 2020. Bitcoin (BTC) enters third phase of its cycle: What does this mean? Bitcoin (BTC), the first cryptocurrency, just reentered the “orange” phase of its price cycle based on the SMA Multiplier chart. As such, BTC has jumped into the third stage of its rally out of eight ones registered in previous years, as noticed by Axel Adler, community expert of…
Ethereum Foundation sells 100 ETH for $329k DAI in 2025’s first sale, fueling R&D amid low demand from whale investors. Ethereum’s price shows bullish potential despite short-term bearish trends, with major breakout expected soon. The ethereum foundation – a Swiss-based not-for-profit organization focused on the development and welfare of the Ethereum (ETH) network, has made its first Ether sale for 2025. In a bid to fund research and development (R&D), the Ethereum Foundation swapped 100 ETH for 329,463 $DAI, the first sale since the beginning of 2025. In 2024, the Ethereum Foundation sold 4,466 ETH units in exchange for $12.61…