Official ₿itcoin Channel
BY FRANK CORVA
Alejandro De La Torre believes Bitcoin mining is dangerously centralized and plans to put power back into the hands of solo miners with DEMAND.
BY VIVEK SEN
Standard Chartered sees Bitcoin falling to $50,000 near-term amid outflows and tight liquidity, but maintains a bullish long-term outlook with a $150,000 target for 2024.
The central bank will announce its policy decision at 2 p.m. ET, and Jerome Powell will hold a press conference afterward.
The Federal Reserve’s two-day meeting kicks off today, and markets are betting it will culminate tomorrow with no change to interest rates.
Given the recent slate of hotter-than-expected economic data, that seems like the right move.
But that doesn’t mean it’ll appease political candidates on either side of the aisle.
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