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Hassett Slams “Indefensible” Rate Pause as Economy Eyes 4% Growth – Blockonomi
TLDR: Kevin Hassett expects U.S. GDP growth to reach 4% next year amid a surge in capital spending. AI-driven productivity gains could raise long-term growth potential to around 2%. Hassett says the Fed risks appearing partisan by delaying further rate cuts. Softer labor data and fiscal uncertainty may be temporary, tied to the recent shutdown….
Ripple Rumored To Consider Dirham-Backed Stablecoin In UAE
Ripple Labs could be exploring the launch of a dirham-backed stablecoin in the United Arab Emirates (UAE), expanding beyond its existing US-dollar-backed stablecoin, RLUSD. This speculation arises following Ripple’s newest blog post dated November 7, 2024, titled “UAE Stablecoin Regulation: A Blueprint for Financial Innovation.” The post hints at significant interest by Ripple in a…
Trading 212 Taps Former Revolut Exec Christos Drakos to Lead Crypto Operations
Trading 212 is sharpening its focus on digital assets by appointing Christos Drakos, a former Revolut and ETX Capital executive, as its Head of Crypto. The move highlights the broker’s plans to expand its regulated crypto services across Europe. Drakos will lead crypto operations from Trading 212’s office in Cyprus. He brings experience from several…
Bitcoin To Peak In October? Analyst Breaks Down Why
Advertisement     Market players are once again outlining their expectations for Bitcoin, and among the bullish and bearish takes are predictions for the asset’s potential price peak. According to one crypto analyst, the bull rally could come to a halt sooner rather than later. In an X post, a Crypto analyst with the…
Bitcoin ETFs Rack in $2.17 Billion With Ethereum ETFs Hitting New Weekly High – Finance Bitcoin News
U.S. spot ETFs for bitcoin and ethereum maintained consecutive weekly inflows with $2.17 billion and $855 million each. Bitcoin and Ethereum ETFs Hit Significant Weekly Inflows Bitcoin and ethereum exchange-traded funds (ETFs) hit significant weekly numbers, as both ETFs maintained their inflow streaks. Metrics from sosovalue show that U.S. spot bitcoin ETFs had a net…
Donald Trump Commits to Championing Bitcoin Mining in DC
Today, Donald Trump met with Bitcoin Magazine’s CEO David Bailey and several prominent U.S. Bitcoin miners. The meeting saw Trump commit to championing Bitcoin mining both in Washington D.C. and on the global stage. Today was a historic moment in our journey towards hyperbitcoinization. The former and next President of the United States gathered America’s…
