Crypto and Financial News Hub: The Daily Hodl
Trump issued a critique of Fed Chair Powell following the Fed's rejection of a proposed interest rate reduction.
Welcome to The Daily Hodl, your one-stop-shop for the latest updates on Bitcoin, Ethereum, crypto, finance, and web 3.0. We cover everything related to the world of cryptocurrencies, regulators, and scams, keeping you up-to-date with the ever-evolving digital asset universe.
President Trump vs. Jerome Powell
In a recent turn of events, President Donald Trump has been vocal about his disagreement with Federal Reserve Chair Jerome Powell, calling for lower interest rates to boost the US economy. Trump accused Powell of being clueless and compared the Fed's inaction to other countries like the UK and China, which have reduced rates[3].
On Truth Social, Trump criticized Powell again, using the nickname "Too Late" and stating that the Fed's indecision could hinder the economy's growth potential[3]. The Federal Reserve has, however, kept interest rates steady, with no immediate changes on the horizon[1].
With increased uncertainty in the economic outlook, the Fed continues to weigh the balance between unemployment and inflation risks[1]. It's essential to stay informed about these developments and how they may impact your investments in the fast-evolving crypto space.
Industry Announcements
As the crypto industry continues to grow, we bring you the latest press releases, Chainwire updates, and sponsored content[4]. Here are some recent announcements that have caught our attention:
- T-Rex, a purpose-built blockchain, has raised $17 million aiming to transform the attention layer in Web 3.0[5].
- Flipster, an esports crypto exchange, has partnered with TALON's Dota Two team, opening up new avenues for fan engagement[6].
- Bybit, a leading crypto exchange, has seen a quick liquidity recovery following the $1.5 billion hack[7].
- ProMeet has launched the Promeeters Program, focusing on boosting influencer impact and long-term earnings[8].
- DogeOS has secured $6.9 million in funding, aiming to launch a Dogecoin app layer[9].
- Casper 2.0 has gone live on the mainnet, positioning itself for the real-world asset era[11].
- MultiBank Group is planning to tokenize $3 billion in real estate assets with MAG as it prepares for the launch of MBG[12].
Stay Informed
Stay ahead of the game by following us on X, Facebook, and Telegram! Don't miss a beat - subscribe to get email alerts delivered directly to your inbox. Check our interactive features such as Price Action and The Daily Hodl Mix to keep you updated on the latest happenings in the world of finance and cryptocurrencies[15].
As always, investment in Bitcoin, Ethereum, or any other digital assets comes with inherent risks. Make sure to do your due diligence before making high-risk investments, and remember that past performance is not guaranteed to be indicative of future results[14].
[1] The Fed's Latest Decision: FOMC Maintains the Federal Funds Rate
[2] Interest Rates: What They Are and How They Influence the Economy
[3] Trump Criticizes Jerome Powell for Not Cutting Interest Rates
[4] Industry Announcements
[5] New Purpose-Built Blockchain T-Rex Raises $17 Million to Transform Attention Layer in Web 3.0
[6] Flipster Makes Esports Debut as Official Crypto Exchange Partner of TALON's Dota Two Team, Powering a New Era of Fan Engagement
[7] Bybit Bounces Back - Kaiko Validates Fast Liquidity Recovery Post $1.5 Billion Hack
[8] ProMeet Unveils the Promeeters Program to Boost Influencer Impact and Long-Term Earnings
[9] DogeOS Raises $6.9 Million in Funding Round Led by Polychain Capital to Launch Dogecoin App Layer
[10] Casper 2.0 Goes Live on Mainnet, Positioning Casper Network for the Real-World Asset Era
[11] MultiBank Group to Tokenize $3 Billion in Real Estate Assets with MAG as it Readies to Launch MBG
[12] About Us
[13] Editorial Policy
[14] Terms and Conditions
[15] Privacy Policy
- As the ongoing political debates between President Trump and Jerome Powell unfold, staying informed about potential changes in interest rates can help you make informed decisions in the rapidly evolving cryptocurrency market.
- With numerous crypto projects such as T-Rex, Flipster, Bybit, ProMeet, DogeOS, Casper 2.0, MultiBank Group, and others continuously making announcements, it's essential to stay updated with the latest news and developments in the blockchain and altcoin sectors.
