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🗓 Top Events This Week in Crypto World:

1️⃣
#Retail Sales data - Oct 17, Tuesday
2️⃣Housing Starts data - Oct 18, Wednesday
3️⃣Existing Home
#Sales data - Oct 19, Thursday
4️⃣US
#FED Chair #Powell Speaks - Oct 19, Thursday
5️⃣Q3 2023 earnings season begins
6️⃣A total of 17 Fed speaker events

#USA #Crypto #Bitcoin #Cryptocurency #cryptocurrencies #events
Key Events This Week #Cryptocurency #Crypto

📅Tuesday (12-12-2023)- #CPI Inflation Data at 8:30am EST

📅Wednesday (13-12-2023)- #PPI inflation Data at 8:30am EST

📅Wednesday (13-12-2023)- #FOMC rate hike and press conference at 2pm EST

📅Wednesday #FED Chair #Powell Press Conference

📅Thursday (14-12-2023)- Retail Sales at 8:30am EST
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Jerome Powell, speaking on 60 Minutes tonight, acknowledged that the US government's finances are in trouble.

He said the debt is increasing faster than the economy, which is not sustainable. Powell also pointed out that we're borrowing from future generations. The projected national debt in 30 years is a staggering $144 trillion.

#CryptoNews #Crypto #blockchain #FED #Powell #Finance #Economy
Top #CryptoNews in Past 12 Hours

1️⃣ June US
#CPI and #PPI released this week; #Powell testifies. 71.1% rate cut chance as per CME Group.

2️⃣
#Tether CEO Ardoino stated OpenAI was hacked. Local AI models protect privacy on new devices

3️⃣
#TeraWulf CSO Kerri Langlais expects to see more merger proposals for bitcoin mining companies. They mined bitcoin with nuclear energy, averaging $32,373 in June.

4️⃣
#Golem, which raised 820,000 ETH in its 2016 ICO, recently transferred 36,000 ETH, valued at $115 million.

5️⃣In Q2 2024, top centralized exchanges by capital inflow were
#Binance, Bitfinex, Bitget, Bybit, Gate, etc. Binance led with $908 million as per CryptoRank statistics

6️⃣
#Arkham reported the German Government transferred 500 BTC to Bitstamp and Coinbase ($27.9 million each)

7️⃣CoinShares reported $441 million inflows into digital asset investment products last week, with $398 million into
#Bitcoin
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"Why White House, #Fed: Silent Since 2022?" #Crypto #CryptoNews

Source : @bloombergTV
Jerome #Powell revealed that he hasn't spoken to President #Biden since 2022! 🤯

"When Any President Calls, You Come and You Meet, But That Hasn’t Happened," Powell stated.

Why the radio silence between the White House and the Federal Reserve for two whole years? 🤔🇺🇸

Drop your thoughts below!
👇
Important Dates of this week to keep eye on:

#Crypto #CryptoNews

July 15 (Monday) :
#Fed Chair #Powell Speaks

July 17 (Wednesday) : UK
#CPI Inflation

July 18 (Thursday) : UK Unemployment

July 18 (Thursday) : EU Interest Rate Decision

July 15-18 (Estimated) :
#ETH #ETF Launch

Total of 11 Fed speaker events this week
BREAKING👇

The
#FED announced no rate hike and will keep the terminal rate at 5.25%–5.50%.

#FOMC #Powell #CryptoNews
Top #Cryptonews This Week

1️⃣
Powell Indicated Possible Rate Cut
Jerome #Powell suggested a potential rate cut in September if inflation met criteria.

2️⃣ Bank of England Reduced Rates

The Bank of England cut interest rates to 5% for the first time in over four years.

3️⃣ Bank of Japan Increased Rates
The Bank of Japan raised its policy rate to around 0.25% during its meeting.

4️⃣ Trump Proposed Bitcoin Changes
#DonaldTrump vowed to fire #Gensler, establish a #Bitcoin reserve, and support #crypto innovations.

5️⃣ Harris Campaign Reached Out to Crypto Leaders

#KamalaHarris’s team engaged with crypto figures to shape future regulatory frameworks.

6️⃣ Senators Proposed Bitcoin Purchase Plan
Senator #CynthiaLummis introduced a plan to buy 1 million bitcoins over five years.

7️⃣ Vitalik Outlined Ethereum’s Future
#VitalikButerin emphasized building apps and proposed innovative ideas at EDCON2024.

8️⃣ Musk Denied Crypto Promotion Intent

#ElonMusk stated he had no intention to promote cryptocurrencies, clarifying any mentions were jokes.

9️⃣ Snowden Warned on Bitcoin Privacy
Edward Snowden highlighted Bitcoin’s traceability and urged improved privacy measures.

🔟 MicroStrategy Reported Loss, Increased BTC Holdings
#MicroStrategy reported a $102.6 million loss but increased Bitcoin holdings to 226,500 BTC.
Top #CryptoNews of This Week

1️⃣
#Powell stated that Fed officials were not in a hurry to cut rates significantly.

2️⃣ The IMF urged El Salvador to revise its Bitcoin
#regulations and overhaul its framework.

3️⃣ Japan’s new PM introduced policies supporting
#blockchain and NFTs to boost regional economies.

4️⃣
#CZ shared that Binance thrived well without him after his release from custody.

5️⃣
#BlackRock's exec noted that Ethereum ETF underperformed compared to Bitcoin ETF in the short term.

6️⃣ Bitcoin miner revenue fell to $816 million in September, marking a yearly low.

7️⃣ Bitwise submitted the first
#XRPETF application, aiming to attract mainstream investors.

8️⃣
#FTX's restructuring plan promised small creditors potential payments by the end of 2024.

9️⃣ Over a dozen blockchain companies hired North Korean IT staff unknowingly through identity fraud.

🔟
#Coinbase predicted positive Q4 2024 performance due to U.S. rate cuts and China stimulus measures.