The current market condition is still experiencing a sharper decline, BTC has touched the price of $74k at this time. Will $BTC continue to decline to the price of $50k? #MarketCorrection #btc50k
Stock futures fell on Sunday night as Wall Street kicked off a new trading month, with traders watching bitcoin after a massive sell-off over the weekend.
Futures for the Dow Jones Industrial Average lost 143 points, or 0.3%. Futures for the S&P 500 declined 0.6%, while futures for the Nasdaq-100 dropped nearly 1%.
Bitcoin fell below $80,000 for the first time since April, a sign that investors are reducing risk after a sharp decline in gold and silver on Friday. Silver, which had more than doubled over the past 12 months, plummeted about 30% on Friday. This marked the worst one-day performance for the metal since 1980. Gold also fell about 9%.
Bitcoin last traded near $76,000.
Wall Street also turned its attention to Nvidia as questions about artificial intelligence intensified. The Wall Street Journal reported, citing sources familiar with the matter, that Nvidia's plan to invest $100 billion in OpenAI has stalled, with executives at the chip-making company expressing doubts about the deal. $BTC #WhenWillBTCRebound
Kevin Warsh, President Donald Trump's choice as the next Fed chair, is a veteran central banker who served during the critical period from 2006 to 2011 leading up to and ultimately through the global financial crisis and the central bank's efforts to stabilize the economy.
Trump mentioned Warsh's extensive background in announcing his appointment to the top Fed position on Friday morning. “Above all, he is the 'right person,' and he will never disappoint you,” Trump said.
During his first term at the Federal Reserve, Kevin Warsh came to the central bank that would be asked to save the world. He returns now in a very different situation, asked to serve a famously fickle president who will make significant but very different demands of him.
Warsh is indeed a Fed veteran, having served during the critical period from 2006 to 2011 and ultimately navigating the global financial crisis and the central bank's efforts to stabilize the economy. Appointed by President George W. Bush, Warsh was one of the youngest members to ever serve on the Board of Governors.
While at the Fed, Warsh played a key role in designing and implementing emergency lending programs aimed at stabilizing credit markets. Warsh also played a crucial role in helping design various programs aimed at saving the economy. One such program, developed separately at the Treasury Department, is known as the Troubled Asset Relief Program, which was developed by Neel Kashkari, who now serves as president of the Fed Minneapolis.
However, Warsh emerged from that era as a Fed critic.
He warned that large-scale asset purchases and near-zero benchmark interest rates risk distorting markets and undermining long-term price stability. While supporting earlier efforts, Warsh opposed the second round of Fed bond purchases, a program known as quantitative easing. #WhoIsNextFedChair $BTC
President Donald Trump said on Thursday that he will announce his choice on Friday for the new chair of the Federal Reserve.
Speaking at the premiere of the film "Melania," a film about First Lady Melania Trump, the president said that the five-month journey to find his choice to replace current Chair Jerome Powell would soon come to an end.
“I will announce the Fed chair tomorrow morning,” Trump said. When asked if he had really made a decision, he replied, “I have, I better had, otherwise I have to get to work soon.”
The process of determining Powell's replacement began in September with 11 candidates including former and current Fed officials, economists, and Wall Street investment professionals. Treasury Secretary Scott Bessent screened the qualified candidates, narrowing the list down to five and then four.
The four finalists are believed to be former Fed Governor Kevin Warsh, Director of the National Economic Council Kevin Hassett, current Fed Governor Christopher Waller, and BlackRock's head of fixed income, Rick Rieder.
Prediction markets have bet on who will get the job. Hassett had been the leader for a while, then Warsh, and over the last few days, Rieder. However, that changed on Thursday night, with Kalshi now placing Warsh as the favorite with an 80% chance.
A source from the administration told CNBC that Warsh was at the White House on Thursday. However, a White House official denied the speculation.
“President Trump will announce his choice for the Federal Reserve at the right time. All reporting about the nomination process for the Federal Reserve Chair until then is just wasting everyone's time,” said White House spokesperson Kush Desai.
Powell himself declined to answer questions about whether he will remain in office after his term as chair ends in May. #WhoIsNextFedChair
Huma Finance is a real example of how blockchain technology can be used to create a financial system that is more inclusive and adaptive to the needs of modern society. With an innovative approach based on income and on-chain reputation, Huma paves the way towards a fairer and more sustainable financial ecosystem.
Huma Finance is one of the innovative projects in the decentralized finance (DeFi) world that focuses on developing an income-backed financing ecosystem. Huma Finance brings a new approach by utilizing blockchain technology to provide access to inclusive and transparent financial services, particularly in sectors that have not been fully served by traditional financial systems.
What is Huma Finance?
Huma Finance is a DeFi protocol that allows users to leverage future income streams as collateral to obtain financing. This includes various forms of income such as salaries, freelance contracts, gig economy earnings, and more. By using smart contracts, Huma enables automatic, secure, and efficient transactions on the blockchain.
saya yakin $DOGE akan mengalami kenaikan harga yang signifikan dalam waktu dekat, karna telah didukung oleh Elon musk dan Donald trump elon musk mengungkapkan seperti ini dalam postingan X:
"Just wanted to express appreciation for President DonaldTrump and so many people, both inside & outside of government, supporting DOGE."
"I am confident that the American people will be happy with the outcome. "
Battle of the Tokens Challenge Session 1 Has Started! 😎
This week's#BattleTokentheme is Memecoin!
Session 1 Campaign Period: January 13 - 19, 2025
Vote Now! 🚨
🏆 It's time to choose a champion! In Battle of the Memecoins, we are pitting 4 of our Favorite Memecoin Cryptos against each other. Who will emerge victorious with the highest price increase this week?
💥 How It Works: 1. Vote for your choice by choosing your favorite token in the poll below!
2. Reply to this poll post in the following format: [Your Preferred Token Name] - #BattleOfTheTokensChallenge 3. Create a post on your Square feed explaining why you believe your chosen token will see the highest price increase that week, and include the hashtag #BattleOfTheTokensChallenge 4. Sit back and watch your token perform throughout the week!
Eligible users who correctly pick the highest performing token of the week will be eligible to win a prize pool of up to 500 USDT per week 💰
🔔 Weekly voting closes on Sunday at 11:59 PM UTC, so make sure to vote before it’s too late! Winners will be determined based on market cap performance from Monday to Sunday. 📈📊
💬 We’d love to hear from you: Which token do you support? What makes it the best crypto? Share your thoughts and join the discussion!
🔥 Vote now and stay tuned for the results! 🔥
Read more about the terms and conditions of this campaign 👉 https://www.generallink.top/en/square/post/18877467710930