READ THIS: Jerome Powell will not cut the rates in the near future. He perceived the attack from DOJ as personal, as we have seen from his statement yesterday. If it’s personal for a MAN it means that he will fight back. How? By not cutting rates and don’t giving a fuck about the threats from the White House.
JUST IN: @BNBCHAIN is set to get faster. On January 14, BNB Chain will roll out its Fermi upgrade, cutting block times and increasing block production by 40%.
🚨 BREAKING: U.S. CPI: +2.7% year over year, in line with expectations. Core CPI: +2.6% year over year, slightly below the +2.7% estimate. Inflation continues to cool at the margin.
🚨 BREAKING: Iran’s currency collapse hits a new extreme. - 1 USD now costs ~1,000,000 Iranian rials - The rial has effectively lost all real purchasing power This is exactly what Bitcoin was built for.
U.S. lawmakers are moving forward with a crypto market structure bill, with Senate hearings scheduled for Thursday. Senate Banking Committee Chair Tim Scott said the bill aims to make the U.S. “the crypto capital of the world,” keeping innovation and jobs domestic rather than overseas.