No Result
View All Result
No Result
View All Result
No Result
View All Result
\n

The S&P 500 is up to nearly 20% year-to-date, while the Nasdaq has advanced about 37%, and both indexes are on track for their fifth straight month of gains. Corporate earnings so far are coming in pretty well, and Alphabet (Google), Microsoft, Visa, AT&T, Coca-Cola, Meta, Boeing, Procter & Gamble, Exxon Mobil, McDonald's, Ford, and Intel are among the companies scheduled to report quarterly results by the end of this trading week.<\/p>\n\n\n\n

A positive financial performance among these companies could lift shares on Wall Street and investors will watch guidance carefully from these companies to determine if profit margins remain healthy. The International Monetary Fund raised its global economic outlook for 2023 due to strong activity in the services sector in the first quarter.<\/p>\n","post_title":"The U.S. Central Bank May Raise Rates By 25 BPS; How Will This Impact Financial And Crypto Markets?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-u-s-central-bank-may-raise-rates-by-25-bps-how-will-this-impact-financial-and-crypto-markets","to_ping":"","pinged":"","post_modified":"2023-07-27 16:27:01","post_modified_gmt":"2023-07-27 06:27:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=12726","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 32 33 34 35 36 … 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

With higher interest rates, companies need to spend more money to borrow money to invest in growth, but as long the U.S. economy is not in recession and the corporate profit remains healthy, there is no risk of a bigger sell-off on the stock market. The recent rally in the cryptocurrency market was also connected with the positive sentiment on the stock markets, and the strengthening correlation between crypto prices and stock prices indicates crypto's maturity.<\/p>\n\n\n\n

The S&P 500 is up to nearly 20% year-to-date, while the Nasdaq has advanced about 37%, and both indexes are on track for their fifth straight month of gains. Corporate earnings so far are coming in pretty well, and Alphabet (Google), Microsoft, Visa, AT&T, Coca-Cola, Meta, Boeing, Procter & Gamble, Exxon Mobil, McDonald's, Ford, and Intel are among the companies scheduled to report quarterly results by the end of this trading week.<\/p>\n\n\n\n

A positive financial performance among these companies could lift shares on Wall Street and investors will watch guidance carefully from these companies to determine if profit margins remain healthy. The International Monetary Fund raised its global economic outlook for 2023 due to strong activity in the services sector in the first quarter.<\/p>\n","post_title":"The U.S. Central Bank May Raise Rates By 25 BPS; How Will This Impact Financial And Crypto Markets?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-u-s-central-bank-may-raise-rates-by-25-bps-how-will-this-impact-financial-and-crypto-markets","to_ping":"","pinged":"","post_modified":"2023-07-27 16:27:01","post_modified_gmt":"2023-07-27 06:27:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=12726","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 32 33 34 35 36 … 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n
\"Fed.<\/figure>\n\n\n\n

With higher interest rates, companies need to spend more money to borrow money to invest in growth, but as long the U.S. economy is not in recession and the corporate profit remains healthy, there is no risk of a bigger sell-off on the stock market. The recent rally in the cryptocurrency market was also connected with the positive sentiment on the stock markets, and the strengthening correlation between crypto prices and stock prices indicates crypto's maturity.<\/p>\n\n\n\n

The S&P 500 is up to nearly 20% year-to-date, while the Nasdaq has advanced about 37%, and both indexes are on track for their fifth straight month of gains. Corporate earnings so far are coming in pretty well, and Alphabet (Google), Microsoft, Visa, AT&T, Coca-Cola, Meta, Boeing, Procter & Gamble, Exxon Mobil, McDonald's, Ford, and Intel are among the companies scheduled to report quarterly results by the end of this trading week.<\/p>\n\n\n\n

A positive financial performance among these companies could lift shares on Wall Street and investors will watch guidance carefully from these companies to determine if profit margins remain healthy. The International Monetary Fund raised its global economic outlook for 2023 due to strong activity in the services sector in the first quarter.<\/p>\n","post_title":"The U.S. Central Bank May Raise Rates By 25 BPS; How Will This Impact Financial And Crypto Markets?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-u-s-central-bank-may-raise-rates-by-25-bps-how-will-this-impact-financial-and-crypto-markets","to_ping":"","pinged":"","post_modified":"2023-07-27 16:27:01","post_modified_gmt":"2023-07-27 06:27:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=12726","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 32 33 34 35 36 … 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Markets are pricing a 90% chance that Fed policymakers will raise interest rates by 25 basis points on July 26. Still, there is also a significant chance that interest rates will stay unchanged at the September, November, and December meetings. The federal funds rate is at 5% to 5.25%, the highest since 2007, but financial and tech stock gains still supported Wall Street shares.<\/p>\n\n\n\n

\"Fed.<\/figure>\n\n\n\n

With higher interest rates, companies need to spend more money to borrow money to invest in growth, but as long the U.S. economy is not in recession and the corporate profit remains healthy, there is no risk of a bigger sell-off on the stock market. The recent rally in the cryptocurrency market was also connected with the positive sentiment on the stock markets, and the strengthening correlation between crypto prices and stock prices indicates crypto's maturity.<\/p>\n\n\n\n

The S&P 500 is up to nearly 20% year-to-date, while the Nasdaq has advanced about 37%, and both indexes are on track for their fifth straight month of gains. Corporate earnings so far are coming in pretty well, and Alphabet (Google), Microsoft, Visa, AT&T, Coca-Cola, Meta, Boeing, Procter & Gamble, Exxon Mobil, McDonald's, Ford, and Intel are among the companies scheduled to report quarterly results by the end of this trading week.<\/p>\n\n\n\n

A positive financial performance among these companies could lift shares on Wall Street and investors will watch guidance carefully from these companies to determine if profit margins remain healthy. The International Monetary Fund raised its global economic outlook for 2023 due to strong activity in the services sector in the first quarter.<\/p>\n","post_title":"The U.S. Central Bank May Raise Rates By 25 BPS; How Will This Impact Financial And Crypto Markets?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-u-s-central-bank-may-raise-rates-by-25-bps-how-will-this-impact-financial-and-crypto-markets","to_ping":"","pinged":"","post_modified":"2023-07-27 16:27:01","post_modified_gmt":"2023-07-27 06:27:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=12726","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 32 33 34 35 36 … 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

The US economy is doing better than expected, but inflation is still higher than the target of 2%. The latest economic data, corporate earnings, solid job market, and consumer sentiment cemented this expectation, and according to analysts, the U.S. economy still has some vibrancy, which gives the Fed cover to continue its rate hike policy.<\/p>\n\n\n\n

Markets are pricing a 90% chance that Fed policymakers will raise interest rates by 25 basis points on July 26. Still, there is also a significant chance that interest rates will stay unchanged at the September, November, and December meetings. The federal funds rate is at 5% to 5.25%, the highest since 2007, but financial and tech stock gains still supported Wall Street shares.<\/p>\n\n\n\n

\"Fed.<\/figure>\n\n\n\n

With higher interest rates, companies need to spend more money to borrow money to invest in growth, but as long the U.S. economy is not in recession and the corporate profit remains healthy, there is no risk of a bigger sell-off on the stock market. The recent rally in the cryptocurrency market was also connected with the positive sentiment on the stock markets, and the strengthening correlation between crypto prices and stock prices indicates crypto's maturity.<\/p>\n\n\n\n

The S&P 500 is up to nearly 20% year-to-date, while the Nasdaq has advanced about 37%, and both indexes are on track for their fifth straight month of gains. Corporate earnings so far are coming in pretty well, and Alphabet (Google), Microsoft, Visa, AT&T, Coca-Cola, Meta, Boeing, Procter & Gamble, Exxon Mobil, McDonald's, Ford, and Intel are among the companies scheduled to report quarterly results by the end of this trading week.<\/p>\n\n\n\n

A positive financial performance among these companies could lift shares on Wall Street and investors will watch guidance carefully from these companies to determine if profit margins remain healthy. The International Monetary Fund raised its global economic outlook for 2023 due to strong activity in the services sector in the first quarter.<\/p>\n","post_title":"The U.S. Central Bank May Raise Rates By 25 BPS; How Will This Impact Financial And Crypto Markets?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-u-s-central-bank-may-raise-rates-by-25-bps-how-will-this-impact-financial-and-crypto-markets","to_ping":"","pinged":"","post_modified":"2023-07-27 16:27:01","post_modified_gmt":"2023-07-27 06:27:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=12726","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 32 33 34 35 36 … 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Investors continue to observe comments from Federal Reserve officials that could give more insight into the path of interest rates, but it is important to say that the U.S. Central Bank is widely seen raising rates by 25 basis points at its meeting this Wednesday, although the consumer prices and producer prices data provided evidence that inflation cooled more than expected.<\/p>\n\n\n\n

The US economy is doing better than expected, but inflation is still higher than the target of 2%. The latest economic data, corporate earnings, solid job market, and consumer sentiment cemented this expectation, and according to analysts, the U.S. economy still has some vibrancy, which gives the Fed cover to continue its rate hike policy.<\/p>\n\n\n\n

Markets are pricing a 90% chance that Fed policymakers will raise interest rates by 25 basis points on July 26. Still, there is also a significant chance that interest rates will stay unchanged at the September, November, and December meetings. The federal funds rate is at 5% to 5.25%, the highest since 2007, but financial and tech stock gains still supported Wall Street shares.<\/p>\n\n\n\n

\"Fed.<\/figure>\n\n\n\n

With higher interest rates, companies need to spend more money to borrow money to invest in growth, but as long the U.S. economy is not in recession and the corporate profit remains healthy, there is no risk of a bigger sell-off on the stock market. The recent rally in the cryptocurrency market was also connected with the positive sentiment on the stock markets, and the strengthening correlation between crypto prices and stock prices indicates crypto's maturity.<\/p>\n\n\n\n

The S&P 500 is up to nearly 20% year-to-date, while the Nasdaq has advanced about 37%, and both indexes are on track for their fifth straight month of gains. Corporate earnings so far are coming in pretty well, and Alphabet (Google), Microsoft, Visa, AT&T, Coca-Cola, Meta, Boeing, Procter & Gamble, Exxon Mobil, McDonald's, Ford, and Intel are among the companies scheduled to report quarterly results by the end of this trading week.<\/p>\n\n\n\n

A positive financial performance among these companies could lift shares on Wall Street and investors will watch guidance carefully from these companies to determine if profit margins remain healthy. The International Monetary Fund raised its global economic outlook for 2023 due to strong activity in the services sector in the first quarter.<\/p>\n","post_title":"The U.S. Central Bank May Raise Rates By 25 BPS; How Will This Impact Financial And Crypto Markets?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-u-s-central-bank-may-raise-rates-by-25-bps-how-will-this-impact-financial-and-crypto-markets","to_ping":"","pinged":"","post_modified":"2023-07-27 16:27:01","post_modified_gmt":"2023-07-27 06:27:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=12726","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 32 33 34 35 36 … 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Kennedy added that the many environmental claims about Bitcoin are just a \"smokescreen to obscure the real motives for suppressing Bitcoin\".<\/em><\/p>\n","post_title":"Robert F. Kennedy Jr. Reveals 14 Bitcoin Purchases For His Children","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"robert-f-kennedy-jr-reveals-14-bitcoin-purchases-for-his-children","to_ping":"","pinged":"","post_modified":"2023-07-31 13:50:27","post_modified_gmt":"2023-07-31 03:50:27","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=12765","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":12726,"post_author":"14","post_date":"2023-07-27 16:26:53","post_date_gmt":"2023-07-27 06:26:53","post_content":"\n

Investors continue to observe comments from Federal Reserve officials that could give more insight into the path of interest rates, but it is important to say that the U.S. Central Bank is widely seen raising rates by 25 basis points at its meeting this Wednesday, although the consumer prices and producer prices data provided evidence that inflation cooled more than expected.<\/p>\n\n\n\n

The US economy is doing better than expected, but inflation is still higher than the target of 2%. The latest economic data, corporate earnings, solid job market, and consumer sentiment cemented this expectation, and according to analysts, the U.S. economy still has some vibrancy, which gives the Fed cover to continue its rate hike policy.<\/p>\n\n\n\n

Markets are pricing a 90% chance that Fed policymakers will raise interest rates by 25 basis points on July 26. Still, there is also a significant chance that interest rates will stay unchanged at the September, November, and December meetings. The federal funds rate is at 5% to 5.25%, the highest since 2007, but financial and tech stock gains still supported Wall Street shares.<\/p>\n\n\n\n

\"Fed.<\/figure>\n\n\n\n

With higher interest rates, companies need to spend more money to borrow money to invest in growth, but as long the U.S. economy is not in recession and the corporate profit remains healthy, there is no risk of a bigger sell-off on the stock market. The recent rally in the cryptocurrency market was also connected with the positive sentiment on the stock markets, and the strengthening correlation between crypto prices and stock prices indicates crypto's maturity.<\/p>\n\n\n\n

The S&P 500 is up to nearly 20% year-to-date, while the Nasdaq has advanced about 37%, and both indexes are on track for their fifth straight month of gains. Corporate earnings so far are coming in pretty well, and Alphabet (Google), Microsoft, Visa, AT&T, Coca-Cola, Meta, Boeing, Procter & Gamble, Exxon Mobil, McDonald's, Ford, and Intel are among the companies scheduled to report quarterly results by the end of this trading week.<\/p>\n\n\n\n

A positive financial performance among these companies could lift shares on Wall Street and investors will watch guidance carefully from these companies to determine if profit margins remain healthy. The International Monetary Fund raised its global economic outlook for 2023 due to strong activity in the services sector in the first quarter.<\/p>\n","post_title":"The U.S. Central Bank May Raise Rates By 25 BPS; How Will This Impact Financial And Crypto Markets?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-u-s-central-bank-may-raise-rates-by-25-bps-how-will-this-impact-financial-and-crypto-markets","to_ping":"","pinged":"","post_modified":"2023-07-27 16:27:01","post_modified_gmt":"2023-07-27 06:27:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=12726","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 32 33 34 35 36 … 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

\u201cWhen I witnessed this cataclysm\u2014this devastating use of government repression\u2014I realized for the first time how free money is as important to freedom as free expression<\/em>,\u201d Kennedy said.<\/p>\n\n\n\n

Kennedy added that the many environmental claims about Bitcoin are just a \"smokescreen to obscure the real motives for suppressing Bitcoin\".<\/em><\/p>\n","post_title":"Robert F. Kennedy Jr. Reveals 14 Bitcoin Purchases For His Children","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"robert-f-kennedy-jr-reveals-14-bitcoin-purchases-for-his-children","to_ping":"","pinged":"","post_modified":"2023-07-31 13:50:27","post_modified_gmt":"2023-07-31 03:50:27","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=12765","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":12726,"post_author":"14","post_date":"2023-07-27 16:26:53","post_date_gmt":"2023-07-27 06:26:53","post_content":"\n

Investors continue to observe comments from Federal Reserve officials that could give more insight into the path of interest rates, but it is important to say that the U.S. Central Bank is widely seen raising rates by 25 basis points at its meeting this Wednesday, although the consumer prices and producer prices data provided evidence that inflation cooled more than expected.<\/p>\n\n\n\n

The US economy is doing better than expected, but inflation is still higher than the target of 2%. The latest economic data, corporate earnings, solid job market, and consumer sentiment cemented this expectation, and according to analysts, the U.S. economy still has some vibrancy, which gives the Fed cover to continue its rate hike policy.<\/p>\n\n\n\n

Markets are pricing a 90% chance that Fed policymakers will raise interest rates by 25 basis points on July 26. Still, there is also a significant chance that interest rates will stay unchanged at the September, November, and December meetings. The federal funds rate is at 5% to 5.25%, the highest since 2007, but financial and tech stock gains still supported Wall Street shares.<\/p>\n\n\n\n

\"Fed.<\/figure>\n\n\n\n

With higher interest rates, companies need to spend more money to borrow money to invest in growth, but as long the U.S. economy is not in recession and the corporate profit remains healthy, there is no risk of a bigger sell-off on the stock market. The recent rally in the cryptocurrency market was also connected with the positive sentiment on the stock markets, and the strengthening correlation between crypto prices and stock prices indicates crypto's maturity.<\/p>\n\n\n\n

The S&P 500 is up to nearly 20% year-to-date, while the Nasdaq has advanced about 37%, and both indexes are on track for their fifth straight month of gains. Corporate earnings so far are coming in pretty well, and Alphabet (Google), Microsoft, Visa, AT&T, Coca-Cola, Meta, Boeing, Procter & Gamble, Exxon Mobil, McDonald's, Ford, and Intel are among the companies scheduled to report quarterly results by the end of this trading week.<\/p>\n\n\n\n

A positive financial performance among these companies could lift shares on Wall Street and investors will watch guidance carefully from these companies to determine if profit margins remain healthy. The International Monetary Fund raised its global economic outlook for 2023 due to strong activity in the services sector in the first quarter.<\/p>\n","post_title":"The U.S. Central Bank May Raise Rates By 25 BPS; How Will This Impact Financial And Crypto Markets?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-u-s-central-bank-may-raise-rates-by-25-bps-how-will-this-impact-financial-and-crypto-markets","to_ping":"","pinged":"","post_modified":"2023-07-27 16:27:01","post_modified_gmt":"2023-07-27 06:27:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=12726","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 32 33 34 35 36 … 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

At the Miami conference, Kennedy revealed that his interest in Bitcoin was sparked by the COVID-19 restrictions. He asserted that he was the first presidential candidate to accept Bitcoin donations via the Lightning Network. However, he clarified that he did not own any Bitcoin and emphasized that he was not there to offer investment advice.<\/p>\n\n\n\n

\u201cWhen I witnessed this cataclysm\u2014this devastating use of government repression\u2014I realized for the first time how free money is as important to freedom as free expression<\/em>,\u201d Kennedy said.<\/p>\n\n\n\n

Kennedy added that the many environmental claims about Bitcoin are just a \"smokescreen to obscure the real motives for suppressing Bitcoin\".<\/em><\/p>\n","post_title":"Robert F. Kennedy Jr. Reveals 14 Bitcoin Purchases For His Children","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"robert-f-kennedy-jr-reveals-14-bitcoin-purchases-for-his-children","to_ping":"","pinged":"","post_modified":"2023-07-31 13:50:27","post_modified_gmt":"2023-07-31 03:50:27","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=12765","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":12726,"post_author":"14","post_date":"2023-07-27 16:26:53","post_date_gmt":"2023-07-27 06:26:53","post_content":"\n

Investors continue to observe comments from Federal Reserve officials that could give more insight into the path of interest rates, but it is important to say that the U.S. Central Bank is widely seen raising rates by 25 basis points at its meeting this Wednesday, although the consumer prices and producer prices data provided evidence that inflation cooled more than expected.<\/p>\n\n\n\n

The US economy is doing better than expected, but inflation is still higher than the target of 2%. The latest economic data, corporate earnings, solid job market, and consumer sentiment cemented this expectation, and according to analysts, the U.S. economy still has some vibrancy, which gives the Fed cover to continue its rate hike policy.<\/p>\n\n\n\n

Markets are pricing a 90% chance that Fed policymakers will raise interest rates by 25 basis points on July 26. Still, there is also a significant chance that interest rates will stay unchanged at the September, November, and December meetings. The federal funds rate is at 5% to 5.25%, the highest since 2007, but financial and tech stock gains still supported Wall Street shares.<\/p>\n\n\n\n

\"Fed.<\/figure>\n\n\n\n

With higher interest rates, companies need to spend more money to borrow money to invest in growth, but as long the U.S. economy is not in recession and the corporate profit remains healthy, there is no risk of a bigger sell-off on the stock market. The recent rally in the cryptocurrency market was also connected with the positive sentiment on the stock markets, and the strengthening correlation between crypto prices and stock prices indicates crypto's maturity.<\/p>\n\n\n\n

The S&P 500 is up to nearly 20% year-to-date, while the Nasdaq has advanced about 37%, and both indexes are on track for their fifth straight month of gains. Corporate earnings so far are coming in pretty well, and Alphabet (Google), Microsoft, Visa, AT&T, Coca-Cola, Meta, Boeing, Procter & Gamble, Exxon Mobil, McDonald's, Ford, and Intel are among the companies scheduled to report quarterly results by the end of this trading week.<\/p>\n\n\n\n

A positive financial performance among these companies could lift shares on Wall Street and investors will watch guidance carefully from these companies to determine if profit margins remain healthy. The International Monetary Fund raised its global economic outlook for 2023 due to strong activity in the services sector in the first quarter.<\/p>\n","post_title":"The U.S. Central Bank May Raise Rates By 25 BPS; How Will This Impact Financial And Crypto Markets?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-u-s-central-bank-may-raise-rates-by-25-bps-how-will-this-impact-financial-and-crypto-markets","to_ping":"","pinged":"","post_modified":"2023-07-27 16:27:01","post_modified_gmt":"2023-07-27 06:27:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=12726","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 32 33 34 35 36 … 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Kennedy and Melker also touched on banks' ability to close customer accounts abruptly. They speculated that political pressure might have affected the closure of Joseph Mercola's bank account. Mercola has been labelled \"the most influential spreader of coronavirus misinformation online\"<\/em> by the New York Times.<\/p>\n\n\n\n

At the Miami conference, Kennedy revealed that his interest in Bitcoin was sparked by the COVID-19 restrictions. He asserted that he was the first presidential candidate to accept Bitcoin donations via the Lightning Network. However, he clarified that he did not own any Bitcoin and emphasized that he was not there to offer investment advice.<\/p>\n\n\n\n

\u201cWhen I witnessed this cataclysm\u2014this devastating use of government repression\u2014I realized for the first time how free money is as important to freedom as free expression<\/em>,\u201d Kennedy said.<\/p>\n\n\n\n

Kennedy added that the many environmental claims about Bitcoin are just a \"smokescreen to obscure the real motives for suppressing Bitcoin\".<\/em><\/p>\n","post_title":"Robert F. Kennedy Jr. Reveals 14 Bitcoin Purchases For His Children","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"robert-f-kennedy-jr-reveals-14-bitcoin-purchases-for-his-children","to_ping":"","pinged":"","post_modified":"2023-07-31 13:50:27","post_modified_gmt":"2023-07-31 03:50:27","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=12765","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":12726,"post_author":"14","post_date":"2023-07-27 16:26:53","post_date_gmt":"2023-07-27 06:26:53","post_content":"\n

Investors continue to observe comments from Federal Reserve officials that could give more insight into the path of interest rates, but it is important to say that the U.S. Central Bank is widely seen raising rates by 25 basis points at its meeting this Wednesday, although the consumer prices and producer prices data provided evidence that inflation cooled more than expected.<\/p>\n\n\n\n

The US economy is doing better than expected, but inflation is still higher than the target of 2%. The latest economic data, corporate earnings, solid job market, and consumer sentiment cemented this expectation, and according to analysts, the U.S. economy still has some vibrancy, which gives the Fed cover to continue its rate hike policy.<\/p>\n\n\n\n

Markets are pricing a 90% chance that Fed policymakers will raise interest rates by 25 basis points on July 26. Still, there is also a significant chance that interest rates will stay unchanged at the September, November, and December meetings. The federal funds rate is at 5% to 5.25%, the highest since 2007, but financial and tech stock gains still supported Wall Street shares.<\/p>\n\n\n\n

\"Fed.<\/figure>\n\n\n\n

With higher interest rates, companies need to spend more money to borrow money to invest in growth, but as long the U.S. economy is not in recession and the corporate profit remains healthy, there is no risk of a bigger sell-off on the stock market. The recent rally in the cryptocurrency market was also connected with the positive sentiment on the stock markets, and the strengthening correlation between crypto prices and stock prices indicates crypto's maturity.<\/p>\n\n\n\n

The S&P 500 is up to nearly 20% year-to-date, while the Nasdaq has advanced about 37%, and both indexes are on track for their fifth straight month of gains. Corporate earnings so far are coming in pretty well, and Alphabet (Google), Microsoft, Visa, AT&T, Coca-Cola, Meta, Boeing, Procter & Gamble, Exxon Mobil, McDonald's, Ford, and Intel are among the companies scheduled to report quarterly results by the end of this trading week.<\/p>\n\n\n\n

A positive financial performance among these companies could lift shares on Wall Street and investors will watch guidance carefully from these companies to determine if profit margins remain healthy. The International Monetary Fund raised its global economic outlook for 2023 due to strong activity in the services sector in the first quarter.<\/p>\n","post_title":"The U.S. Central Bank May Raise Rates By 25 BPS; How Will This Impact Financial And Crypto Markets?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-u-s-central-bank-may-raise-rates-by-25-bps-how-will-this-impact-financial-and-crypto-markets","to_ping":"","pinged":"","post_modified":"2023-07-27 16:27:01","post_modified_gmt":"2023-07-27 06:27:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=12726","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 32 33 34 35 36 … 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Why Bitcoin? <\/h2>\n\n\n\n

Kennedy and Melker also touched on banks' ability to close customer accounts abruptly. They speculated that political pressure might have affected the closure of Joseph Mercola's bank account. Mercola has been labelled \"the most influential spreader of coronavirus misinformation online\"<\/em> by the New York Times.<\/p>\n\n\n\n

At the Miami conference, Kennedy revealed that his interest in Bitcoin was sparked by the COVID-19 restrictions. He asserted that he was the first presidential candidate to accept Bitcoin donations via the Lightning Network. However, he clarified that he did not own any Bitcoin and emphasized that he was not there to offer investment advice.<\/p>\n\n\n\n

\u201cWhen I witnessed this cataclysm\u2014this devastating use of government repression\u2014I realized for the first time how free money is as important to freedom as free expression<\/em>,\u201d Kennedy said.<\/p>\n\n\n\n

Kennedy added that the many environmental claims about Bitcoin are just a \"smokescreen to obscure the real motives for suppressing Bitcoin\".<\/em><\/p>\n","post_title":"Robert F. Kennedy Jr. Reveals 14 Bitcoin Purchases For His Children","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"robert-f-kennedy-jr-reveals-14-bitcoin-purchases-for-his-children","to_ping":"","pinged":"","post_modified":"2023-07-31 13:50:27","post_modified_gmt":"2023-07-31 03:50:27","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=12765","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":12726,"post_author":"14","post_date":"2023-07-27 16:26:53","post_date_gmt":"2023-07-27 06:26:53","post_content":"\n

Investors continue to observe comments from Federal Reserve officials that could give more insight into the path of interest rates, but it is important to say that the U.S. Central Bank is widely seen raising rates by 25 basis points at its meeting this Wednesday, although the consumer prices and producer prices data provided evidence that inflation cooled more than expected.<\/p>\n\n\n\n

The US economy is doing better than expected, but inflation is still higher than the target of 2%. The latest economic data, corporate earnings, solid job market, and consumer sentiment cemented this expectation, and according to analysts, the U.S. economy still has some vibrancy, which gives the Fed cover to continue its rate hike policy.<\/p>\n\n\n\n

Markets are pricing a 90% chance that Fed policymakers will raise interest rates by 25 basis points on July 26. Still, there is also a significant chance that interest rates will stay unchanged at the September, November, and December meetings. The federal funds rate is at 5% to 5.25%, the highest since 2007, but financial and tech stock gains still supported Wall Street shares.<\/p>\n\n\n\n

\"Fed.<\/figure>\n\n\n\n

With higher interest rates, companies need to spend more money to borrow money to invest in growth, but as long the U.S. economy is not in recession and the corporate profit remains healthy, there is no risk of a bigger sell-off on the stock market. The recent rally in the cryptocurrency market was also connected with the positive sentiment on the stock markets, and the strengthening correlation between crypto prices and stock prices indicates crypto's maturity.<\/p>\n\n\n\n

The S&P 500 is up to nearly 20% year-to-date, while the Nasdaq has advanced about 37%, and both indexes are on track for their fifth straight month of gains. Corporate earnings so far are coming in pretty well, and Alphabet (Google), Microsoft, Visa, AT&T, Coca-Cola, Meta, Boeing, Procter & Gamble, Exxon Mobil, McDonald's, Ford, and Intel are among the companies scheduled to report quarterly results by the end of this trading week.<\/p>\n\n\n\n

A positive financial performance among these companies could lift shares on Wall Street and investors will watch guidance carefully from these companies to determine if profit margins remain healthy. The International Monetary Fund raised its global economic outlook for 2023 due to strong activity in the services sector in the first quarter.<\/p>\n","post_title":"The U.S. Central Bank May Raise Rates By 25 BPS; How Will This Impact Financial And Crypto Markets?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-u-s-central-bank-may-raise-rates-by-25-bps-how-will-this-impact-financial-and-crypto-markets","to_ping":"","pinged":"","post_modified":"2023-07-27 16:27:01","post_modified_gmt":"2023-07-27 06:27:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=12726","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 32 33 34 35 36 … 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

\"I bought two Bitcoin for each of my seven children,\"<\/em> Kennedy said. He moved \"right after\"<\/em> his appearance at the Bitcoin Conference in May. \"Now I'm a Bitcoin owner, and I'm sure they'll now find a different way to come at me, but no one can say I didn't put my money where my mouth is.\"<\/em><\/p>\n\n\n\n

Why Bitcoin? <\/h2>\n\n\n\n

Kennedy and Melker also touched on banks' ability to close customer accounts abruptly. They speculated that political pressure might have affected the closure of Joseph Mercola's bank account. Mercola has been labelled \"the most influential spreader of coronavirus misinformation online\"<\/em> by the New York Times.<\/p>\n\n\n\n

At the Miami conference, Kennedy revealed that his interest in Bitcoin was sparked by the COVID-19 restrictions. He asserted that he was the first presidential candidate to accept Bitcoin donations via the Lightning Network. However, he clarified that he did not own any Bitcoin and emphasized that he was not there to offer investment advice.<\/p>\n\n\n\n

\u201cWhen I witnessed this cataclysm\u2014this devastating use of government repression\u2014I realized for the first time how free money is as important to freedom as free expression<\/em>,\u201d Kennedy said.<\/p>\n\n\n\n

Kennedy added that the many environmental claims about Bitcoin are just a \"smokescreen to obscure the real motives for suppressing Bitcoin\".<\/em><\/p>\n","post_title":"Robert F. Kennedy Jr. Reveals 14 Bitcoin Purchases For His Children","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"robert-f-kennedy-jr-reveals-14-bitcoin-purchases-for-his-children","to_ping":"","pinged":"","post_modified":"2023-07-31 13:50:27","post_modified_gmt":"2023-07-31 03:50:27","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=12765","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":12726,"post_author":"14","post_date":"2023-07-27 16:26:53","post_date_gmt":"2023-07-27 06:26:53","post_content":"\n

Investors continue to observe comments from Federal Reserve officials that could give more insight into the path of interest rates, but it is important to say that the U.S. Central Bank is widely seen raising rates by 25 basis points at its meeting this Wednesday, although the consumer prices and producer prices data provided evidence that inflation cooled more than expected.<\/p>\n\n\n\n

The US economy is doing better than expected, but inflation is still higher than the target of 2%. The latest economic data, corporate earnings, solid job market, and consumer sentiment cemented this expectation, and according to analysts, the U.S. economy still has some vibrancy, which gives the Fed cover to continue its rate hike policy.<\/p>\n\n\n\n

Markets are pricing a 90% chance that Fed policymakers will raise interest rates by 25 basis points on July 26. Still, there is also a significant chance that interest rates will stay unchanged at the September, November, and December meetings. The federal funds rate is at 5% to 5.25%, the highest since 2007, but financial and tech stock gains still supported Wall Street shares.<\/p>\n\n\n\n

\"Fed.<\/figure>\n\n\n\n

With higher interest rates, companies need to spend more money to borrow money to invest in growth, but as long the U.S. economy is not in recession and the corporate profit remains healthy, there is no risk of a bigger sell-off on the stock market. The recent rally in the cryptocurrency market was also connected with the positive sentiment on the stock markets, and the strengthening correlation between crypto prices and stock prices indicates crypto's maturity.<\/p>\n\n\n\n

The S&P 500 is up to nearly 20% year-to-date, while the Nasdaq has advanced about 37%, and both indexes are on track for their fifth straight month of gains. Corporate earnings so far are coming in pretty well, and Alphabet (Google), Microsoft, Visa, AT&T, Coca-Cola, Meta, Boeing, Procter & Gamble, Exxon Mobil, McDonald's, Ford, and Intel are among the companies scheduled to report quarterly results by the end of this trading week.<\/p>\n\n\n\n

A positive financial performance among these companies could lift shares on Wall Street and investors will watch guidance carefully from these companies to determine if profit margins remain healthy. The International Monetary Fund raised its global economic outlook for 2023 due to strong activity in the services sector in the first quarter.<\/p>\n","post_title":"The U.S. Central Bank May Raise Rates By 25 BPS; How Will This Impact Financial And Crypto Markets?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-u-s-central-bank-may-raise-rates-by-25-bps-how-will-this-impact-financial-and-crypto-markets","to_ping":"","pinged":"","post_modified":"2023-07-27 16:27:01","post_modified_gmt":"2023-07-27 06:27:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=12726","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 32 33 34 35 36 … 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

In a Twitter Spaces<\/a> interview with Scott Melker, he praised Bitcoin as the currency of freedom. They prompted him to invest in media criticism for promoting it without owning any.<\/p>\n\n\n\n

\"I bought two Bitcoin for each of my seven children,\"<\/em> Kennedy said. He moved \"right after\"<\/em> his appearance at the Bitcoin Conference in May. \"Now I'm a Bitcoin owner, and I'm sure they'll now find a different way to come at me, but no one can say I didn't put my money where my mouth is.\"<\/em><\/p>\n\n\n\n

Why Bitcoin? <\/h2>\n\n\n\n

Kennedy and Melker also touched on banks' ability to close customer accounts abruptly. They speculated that political pressure might have affected the closure of Joseph Mercola's bank account. Mercola has been labelled \"the most influential spreader of coronavirus misinformation online\"<\/em> by the New York Times.<\/p>\n\n\n\n

At the Miami conference, Kennedy revealed that his interest in Bitcoin was sparked by the COVID-19 restrictions. He asserted that he was the first presidential candidate to accept Bitcoin donations via the Lightning Network. However, he clarified that he did not own any Bitcoin and emphasized that he was not there to offer investment advice.<\/p>\n\n\n\n

\u201cWhen I witnessed this cataclysm\u2014this devastating use of government repression\u2014I realized for the first time how free money is as important to freedom as free expression<\/em>,\u201d Kennedy said.<\/p>\n\n\n\n

Kennedy added that the many environmental claims about Bitcoin are just a \"smokescreen to obscure the real motives for suppressing Bitcoin\".<\/em><\/p>\n","post_title":"Robert F. Kennedy Jr. Reveals 14 Bitcoin Purchases For His Children","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"robert-f-kennedy-jr-reveals-14-bitcoin-purchases-for-his-children","to_ping":"","pinged":"","post_modified":"2023-07-31 13:50:27","post_modified_gmt":"2023-07-31 03:50:27","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=12765","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":12726,"post_author":"14","post_date":"2023-07-27 16:26:53","post_date_gmt":"2023-07-27 06:26:53","post_content":"\n

Investors continue to observe comments from Federal Reserve officials that could give more insight into the path of interest rates, but it is important to say that the U.S. Central Bank is widely seen raising rates by 25 basis points at its meeting this Wednesday, although the consumer prices and producer prices data provided evidence that inflation cooled more than expected.<\/p>\n\n\n\n

The US economy is doing better than expected, but inflation is still higher than the target of 2%. The latest economic data, corporate earnings, solid job market, and consumer sentiment cemented this expectation, and according to analysts, the U.S. economy still has some vibrancy, which gives the Fed cover to continue its rate hike policy.<\/p>\n\n\n\n

Markets are pricing a 90% chance that Fed policymakers will raise interest rates by 25 basis points on July 26. Still, there is also a significant chance that interest rates will stay unchanged at the September, November, and December meetings. The federal funds rate is at 5% to 5.25%, the highest since 2007, but financial and tech stock gains still supported Wall Street shares.<\/p>\n\n\n\n

\"Fed.<\/figure>\n\n\n\n

With higher interest rates, companies need to spend more money to borrow money to invest in growth, but as long the U.S. economy is not in recession and the corporate profit remains healthy, there is no risk of a bigger sell-off on the stock market. The recent rally in the cryptocurrency market was also connected with the positive sentiment on the stock markets, and the strengthening correlation between crypto prices and stock prices indicates crypto's maturity.<\/p>\n\n\n\n

The S&P 500 is up to nearly 20% year-to-date, while the Nasdaq has advanced about 37%, and both indexes are on track for their fifth straight month of gains. Corporate earnings so far are coming in pretty well, and Alphabet (Google), Microsoft, Visa, AT&T, Coca-Cola, Meta, Boeing, Procter & Gamble, Exxon Mobil, McDonald's, Ford, and Intel are among the companies scheduled to report quarterly results by the end of this trading week.<\/p>\n\n\n\n

A positive financial performance among these companies could lift shares on Wall Street and investors will watch guidance carefully from these companies to determine if profit margins remain healthy. The International Monetary Fund raised its global economic outlook for 2023 due to strong activity in the services sector in the first quarter.<\/p>\n","post_title":"The U.S. Central Bank May Raise Rates By 25 BPS; How Will This Impact Financial And Crypto Markets?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-u-s-central-bank-may-raise-rates-by-25-bps-how-will-this-impact-financial-and-crypto-markets","to_ping":"","pinged":"","post_modified":"2023-07-27 16:27:01","post_modified_gmt":"2023-07-27 06:27:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=12726","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 32 33 34 35 36 … 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Democratic U.S. presidential candidate Robert Kennedy Jr. shows support for Bitcoin. He purchased two BTC each for his seven children in May. <\/p>\n\n\n\n

In a Twitter Spaces<\/a> interview with Scott Melker, he praised Bitcoin as the currency of freedom. They prompted him to invest in media criticism for promoting it without owning any.<\/p>\n\n\n\n

\"I bought two Bitcoin for each of my seven children,\"<\/em> Kennedy said. He moved \"right after\"<\/em> his appearance at the Bitcoin Conference in May. \"Now I'm a Bitcoin owner, and I'm sure they'll now find a different way to come at me, but no one can say I didn't put my money where my mouth is.\"<\/em><\/p>\n\n\n\n

Why Bitcoin? <\/h2>\n\n\n\n

Kennedy and Melker also touched on banks' ability to close customer accounts abruptly. They speculated that political pressure might have affected the closure of Joseph Mercola's bank account. Mercola has been labelled \"the most influential spreader of coronavirus misinformation online\"<\/em> by the New York Times.<\/p>\n\n\n\n

At the Miami conference, Kennedy revealed that his interest in Bitcoin was sparked by the COVID-19 restrictions. He asserted that he was the first presidential candidate to accept Bitcoin donations via the Lightning Network. However, he clarified that he did not own any Bitcoin and emphasized that he was not there to offer investment advice.<\/p>\n\n\n\n

\u201cWhen I witnessed this cataclysm\u2014this devastating use of government repression\u2014I realized for the first time how free money is as important to freedom as free expression<\/em>,\u201d Kennedy said.<\/p>\n\n\n\n

Kennedy added that the many environmental claims about Bitcoin are just a \"smokescreen to obscure the real motives for suppressing Bitcoin\".<\/em><\/p>\n","post_title":"Robert F. Kennedy Jr. Reveals 14 Bitcoin Purchases For His Children","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"robert-f-kennedy-jr-reveals-14-bitcoin-purchases-for-his-children","to_ping":"","pinged":"","post_modified":"2023-07-31 13:50:27","post_modified_gmt":"2023-07-31 03:50:27","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=12765","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":12726,"post_author":"14","post_date":"2023-07-27 16:26:53","post_date_gmt":"2023-07-27 06:26:53","post_content":"\n

Investors continue to observe comments from Federal Reserve officials that could give more insight into the path of interest rates, but it is important to say that the U.S. Central Bank is widely seen raising rates by 25 basis points at its meeting this Wednesday, although the consumer prices and producer prices data provided evidence that inflation cooled more than expected.<\/p>\n\n\n\n

The US economy is doing better than expected, but inflation is still higher than the target of 2%. The latest economic data, corporate earnings, solid job market, and consumer sentiment cemented this expectation, and according to analysts, the U.S. economy still has some vibrancy, which gives the Fed cover to continue its rate hike policy.<\/p>\n\n\n\n

Markets are pricing a 90% chance that Fed policymakers will raise interest rates by 25 basis points on July 26. Still, there is also a significant chance that interest rates will stay unchanged at the September, November, and December meetings. The federal funds rate is at 5% to 5.25%, the highest since 2007, but financial and tech stock gains still supported Wall Street shares.<\/p>\n\n\n\n

\"Fed.<\/figure>\n\n\n\n

With higher interest rates, companies need to spend more money to borrow money to invest in growth, but as long the U.S. economy is not in recession and the corporate profit remains healthy, there is no risk of a bigger sell-off on the stock market. The recent rally in the cryptocurrency market was also connected with the positive sentiment on the stock markets, and the strengthening correlation between crypto prices and stock prices indicates crypto's maturity.<\/p>\n\n\n\n

The S&P 500 is up to nearly 20% year-to-date, while the Nasdaq has advanced about 37%, and both indexes are on track for their fifth straight month of gains. Corporate earnings so far are coming in pretty well, and Alphabet (Google), Microsoft, Visa, AT&T, Coca-Cola, Meta, Boeing, Procter & Gamble, Exxon Mobil, McDonald's, Ford, and Intel are among the companies scheduled to report quarterly results by the end of this trading week.<\/p>\n\n\n\n

A positive financial performance among these companies could lift shares on Wall Street and investors will watch guidance carefully from these companies to determine if profit margins remain healthy. The International Monetary Fund raised its global economic outlook for 2023 due to strong activity in the services sector in the first quarter.<\/p>\n","post_title":"The U.S. Central Bank May Raise Rates By 25 BPS; How Will This Impact Financial And Crypto Markets?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-u-s-central-bank-may-raise-rates-by-25-bps-how-will-this-impact-financial-and-crypto-markets","to_ping":"","pinged":"","post_modified":"2023-07-27 16:27:01","post_modified_gmt":"2023-07-27 06:27:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=12726","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 32 33 34 35 36 … 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Apple has until August 14 to respond to the claims and update the legislators about the App Store guidelines and how they could stifle competition. The legislators maintain that if Apple could support innovation in blockchain technology and NFTs, it could strengthen American technology leadership.<\/p>\n","post_title":"US Legislators Slam Apple For Allegedly Stifling Crypto Innovation","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"us-legislators-slam-apple-for-allegedly-stifling-crypto-innovation","to_ping":"","pinged":"","post_modified":"2023-07-31 13:56:22","post_modified_gmt":"2023-07-31 03:56:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=12802","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":12765,"post_author":"15","post_date":"2023-07-31 13:50:22","post_date_gmt":"2023-07-31 03:50:22","post_content":"\n

Democratic U.S. presidential candidate Robert Kennedy Jr. shows support for Bitcoin. He purchased two BTC each for his seven children in May. <\/p>\n\n\n\n

In a Twitter Spaces<\/a> interview with Scott Melker, he praised Bitcoin as the currency of freedom. They prompted him to invest in media criticism for promoting it without owning any.<\/p>\n\n\n\n

\"I bought two Bitcoin for each of my seven children,\"<\/em> Kennedy said. He moved \"right after\"<\/em> his appearance at the Bitcoin Conference in May. \"Now I'm a Bitcoin owner, and I'm sure they'll now find a different way to come at me, but no one can say I didn't put my money where my mouth is.\"<\/em><\/p>\n\n\n\n

Why Bitcoin? <\/h2>\n\n\n\n

Kennedy and Melker also touched on banks' ability to close customer accounts abruptly. They speculated that political pressure might have affected the closure of Joseph Mercola's bank account. Mercola has been labelled \"the most influential spreader of coronavirus misinformation online\"<\/em> by the New York Times.<\/p>\n\n\n\n

At the Miami conference, Kennedy revealed that his interest in Bitcoin was sparked by the COVID-19 restrictions. He asserted that he was the first presidential candidate to accept Bitcoin donations via the Lightning Network. However, he clarified that he did not own any Bitcoin and emphasized that he was not there to offer investment advice.<\/p>\n\n\n\n

\u201cWhen I witnessed this cataclysm\u2014this devastating use of government repression\u2014I realized for the first time how free money is as important to freedom as free expression<\/em>,\u201d Kennedy said.<\/p>\n\n\n\n

Kennedy added that the many environmental claims about Bitcoin are just a \"smokescreen to obscure the real motives for suppressing Bitcoin\".<\/em><\/p>\n","post_title":"Robert F. Kennedy Jr. Reveals 14 Bitcoin Purchases For His Children","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"robert-f-kennedy-jr-reveals-14-bitcoin-purchases-for-his-children","to_ping":"","pinged":"","post_modified":"2023-07-31 13:50:27","post_modified_gmt":"2023-07-31 03:50:27","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=12765","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":12726,"post_author":"14","post_date":"2023-07-27 16:26:53","post_date_gmt":"2023-07-27 06:26:53","post_content":"\n

Investors continue to observe comments from Federal Reserve officials that could give more insight into the path of interest rates, but it is important to say that the U.S. Central Bank is widely seen raising rates by 25 basis points at its meeting this Wednesday, although the consumer prices and producer prices data provided evidence that inflation cooled more than expected.<\/p>\n\n\n\n

The US economy is doing better than expected, but inflation is still higher than the target of 2%. The latest economic data, corporate earnings, solid job market, and consumer sentiment cemented this expectation, and according to analysts, the U.S. economy still has some vibrancy, which gives the Fed cover to continue its rate hike policy.<\/p>\n\n\n\n

Markets are pricing a 90% chance that Fed policymakers will raise interest rates by 25 basis points on July 26. Still, there is also a significant chance that interest rates will stay unchanged at the September, November, and December meetings. The federal funds rate is at 5% to 5.25%, the highest since 2007, but financial and tech stock gains still supported Wall Street shares.<\/p>\n\n\n\n

\"Fed.<\/figure>\n\n\n\n

With higher interest rates, companies need to spend more money to borrow money to invest in growth, but as long the U.S. economy is not in recession and the corporate profit remains healthy, there is no risk of a bigger sell-off on the stock market. The recent rally in the cryptocurrency market was also connected with the positive sentiment on the stock markets, and the strengthening correlation between crypto prices and stock prices indicates crypto's maturity.<\/p>\n\n\n\n

The S&P 500 is up to nearly 20% year-to-date, while the Nasdaq has advanced about 37%, and both indexes are on track for their fifth straight month of gains. Corporate earnings so far are coming in pretty well, and Alphabet (Google), Microsoft, Visa, AT&T, Coca-Cola, Meta, Boeing, Procter & Gamble, Exxon Mobil, McDonald's, Ford, and Intel are among the companies scheduled to report quarterly results by the end of this trading week.<\/p>\n\n\n\n

A positive financial performance among these companies could lift shares on Wall Street and investors will watch guidance carefully from these companies to determine if profit margins remain healthy. The International Monetary Fund raised its global economic outlook for 2023 due to strong activity in the services sector in the first quarter.<\/p>\n","post_title":"The U.S. Central Bank May Raise Rates By 25 BPS; How Will This Impact Financial And Crypto Markets?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-u-s-central-bank-may-raise-rates-by-25-bps-how-will-this-impact-financial-and-crypto-markets","to_ping":"","pinged":"","post_modified":"2023-07-27 16:27:01","post_modified_gmt":"2023-07-27 06:27:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=12726","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 32 33 34 35 36 … 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Additionally, the legislators cited an instance where Axie Infinity, an NFT-based online video game, was forced to deploy a 'lite' version of its app on the Apple Store, excluding important NFT capabilities.<\/p>\n\n\n\n

Apple has until August 14 to respond to the claims and update the legislators about the App Store guidelines and how they could stifle competition. The legislators maintain that if Apple could support innovation in blockchain technology and NFTs, it could strengthen American technology leadership.<\/p>\n","post_title":"US Legislators Slam Apple For Allegedly Stifling Crypto Innovation","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"us-legislators-slam-apple-for-allegedly-stifling-crypto-innovation","to_ping":"","pinged":"","post_modified":"2023-07-31 13:56:22","post_modified_gmt":"2023-07-31 03:56:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=12802","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":12765,"post_author":"15","post_date":"2023-07-31 13:50:22","post_date_gmt":"2023-07-31 03:50:22","post_content":"\n

Democratic U.S. presidential candidate Robert Kennedy Jr. shows support for Bitcoin. He purchased two BTC each for his seven children in May. <\/p>\n\n\n\n

In a Twitter Spaces<\/a> interview with Scott Melker, he praised Bitcoin as the currency of freedom. They prompted him to invest in media criticism for promoting it without owning any.<\/p>\n\n\n\n

\"I bought two Bitcoin for each of my seven children,\"<\/em> Kennedy said. He moved \"right after\"<\/em> his appearance at the Bitcoin Conference in May. \"Now I'm a Bitcoin owner, and I'm sure they'll now find a different way to come at me, but no one can say I didn't put my money where my mouth is.\"<\/em><\/p>\n\n\n\n

Why Bitcoin? <\/h2>\n\n\n\n

Kennedy and Melker also touched on banks' ability to close customer accounts abruptly. They speculated that political pressure might have affected the closure of Joseph Mercola's bank account. Mercola has been labelled \"the most influential spreader of coronavirus misinformation online\"<\/em> by the New York Times.<\/p>\n\n\n\n

At the Miami conference, Kennedy revealed that his interest in Bitcoin was sparked by the COVID-19 restrictions. He asserted that he was the first presidential candidate to accept Bitcoin donations via the Lightning Network. However, he clarified that he did not own any Bitcoin and emphasized that he was not there to offer investment advice.<\/p>\n\n\n\n

\u201cWhen I witnessed this cataclysm\u2014this devastating use of government repression\u2014I realized for the first time how free money is as important to freedom as free expression<\/em>,\u201d Kennedy said.<\/p>\n\n\n\n

Kennedy added that the many environmental claims about Bitcoin are just a \"smokescreen to obscure the real motives for suppressing Bitcoin\".<\/em><\/p>\n","post_title":"Robert F. Kennedy Jr. Reveals 14 Bitcoin Purchases For His Children","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"robert-f-kennedy-jr-reveals-14-bitcoin-purchases-for-his-children","to_ping":"","pinged":"","post_modified":"2023-07-31 13:50:27","post_modified_gmt":"2023-07-31 03:50:27","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=12765","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":12726,"post_author":"14","post_date":"2023-07-27 16:26:53","post_date_gmt":"2023-07-27 06:26:53","post_content":"\n

Investors continue to observe comments from Federal Reserve officials that could give more insight into the path of interest rates, but it is important to say that the U.S. Central Bank is widely seen raising rates by 25 basis points at its meeting this Wednesday, although the consumer prices and producer prices data provided evidence that inflation cooled more than expected.<\/p>\n\n\n\n

The US economy is doing better than expected, but inflation is still higher than the target of 2%. The latest economic data, corporate earnings, solid job market, and consumer sentiment cemented this expectation, and according to analysts, the U.S. economy still has some vibrancy, which gives the Fed cover to continue its rate hike policy.<\/p>\n\n\n\n

Markets are pricing a 90% chance that Fed policymakers will raise interest rates by 25 basis points on July 26. Still, there is also a significant chance that interest rates will stay unchanged at the September, November, and December meetings. The federal funds rate is at 5% to 5.25%, the highest since 2007, but financial and tech stock gains still supported Wall Street shares.<\/p>\n\n\n\n

\"Fed.<\/figure>\n\n\n\n

With higher interest rates, companies need to spend more money to borrow money to invest in growth, but as long the U.S. economy is not in recession and the corporate profit remains healthy, there is no risk of a bigger sell-off on the stock market. The recent rally in the cryptocurrency market was also connected with the positive sentiment on the stock markets, and the strengthening correlation between crypto prices and stock prices indicates crypto's maturity.<\/p>\n\n\n\n

The S&P 500 is up to nearly 20% year-to-date, while the Nasdaq has advanced about 37%, and both indexes are on track for their fifth straight month of gains. Corporate earnings so far are coming in pretty well, and Alphabet (Google), Microsoft, Visa, AT&T, Coca-Cola, Meta, Boeing, Procter & Gamble, Exxon Mobil, McDonald's, Ford, and Intel are among the companies scheduled to report quarterly results by the end of this trading week.<\/p>\n\n\n\n

A positive financial performance among these companies could lift shares on Wall Street and investors will watch guidance carefully from these companies to determine if profit margins remain healthy. The International Monetary Fund raised its global economic outlook for 2023 due to strong activity in the services sector in the first quarter.<\/p>\n","post_title":"The U.S. Central Bank May Raise Rates By 25 BPS; How Will This Impact Financial And Crypto Markets?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-u-s-central-bank-may-raise-rates-by-25-bps-how-will-this-impact-financial-and-crypto-markets","to_ping":"","pinged":"","post_modified":"2023-07-27 16:27:01","post_modified_gmt":"2023-07-27 06:27:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=12726","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 32 33 34 35 36 … 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

For instance, the US-based cryptocurrency exchange Coinbase<\/a> was reportedly forced to remove its NFT transfers from its wallet app on iOS because Apple Store guidelines required a 30% charge on transactions. The exchange claims that the guidelines were impossible to comply with since Apple's in-app purchase system did not support crypto.<\/p>\n\n\n\n

Additionally, the legislators cited an instance where Axie Infinity, an NFT-based online video game, was forced to deploy a 'lite' version of its app on the Apple Store, excluding important NFT capabilities.<\/p>\n\n\n\n

Apple has until August 14 to respond to the claims and update the legislators about the App Store guidelines and how they could stifle competition. The legislators maintain that if Apple could support innovation in blockchain technology and NFTs, it could strengthen American technology leadership.<\/p>\n","post_title":"US Legislators Slam Apple For Allegedly Stifling Crypto Innovation","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"us-legislators-slam-apple-for-allegedly-stifling-crypto-innovation","to_ping":"","pinged":"","post_modified":"2023-07-31 13:56:22","post_modified_gmt":"2023-07-31 03:56:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=12802","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":12765,"post_author":"15","post_date":"2023-07-31 13:50:22","post_date_gmt":"2023-07-31 03:50:22","post_content":"\n

Democratic U.S. presidential candidate Robert Kennedy Jr. shows support for Bitcoin. He purchased two BTC each for his seven children in May. <\/p>\n\n\n\n

In a Twitter Spaces<\/a> interview with Scott Melker, he praised Bitcoin as the currency of freedom. They prompted him to invest in media criticism for promoting it without owning any.<\/p>\n\n\n\n

\"I bought two Bitcoin for each of my seven children,\"<\/em> Kennedy said. He moved \"right after\"<\/em> his appearance at the Bitcoin Conference in May. \"Now I'm a Bitcoin owner, and I'm sure they'll now find a different way to come at me, but no one can say I didn't put my money where my mouth is.\"<\/em><\/p>\n\n\n\n

Why Bitcoin? <\/h2>\n\n\n\n

Kennedy and Melker also touched on banks' ability to close customer accounts abruptly. They speculated that political pressure might have affected the closure of Joseph Mercola's bank account. Mercola has been labelled \"the most influential spreader of coronavirus misinformation online\"<\/em> by the New York Times.<\/p>\n\n\n\n

At the Miami conference, Kennedy revealed that his interest in Bitcoin was sparked by the COVID-19 restrictions. He asserted that he was the first presidential candidate to accept Bitcoin donations via the Lightning Network. However, he clarified that he did not own any Bitcoin and emphasized that he was not there to offer investment advice.<\/p>\n\n\n\n

\u201cWhen I witnessed this cataclysm\u2014this devastating use of government repression\u2014I realized for the first time how free money is as important to freedom as free expression<\/em>,\u201d Kennedy said.<\/p>\n\n\n\n

Kennedy added that the many environmental claims about Bitcoin are just a \"smokescreen to obscure the real motives for suppressing Bitcoin\".<\/em><\/p>\n","post_title":"Robert F. Kennedy Jr. Reveals 14 Bitcoin Purchases For His Children","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"robert-f-kennedy-jr-reveals-14-bitcoin-purchases-for-his-children","to_ping":"","pinged":"","post_modified":"2023-07-31 13:50:27","post_modified_gmt":"2023-07-31 03:50:27","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=12765","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":12726,"post_author":"14","post_date":"2023-07-27 16:26:53","post_date_gmt":"2023-07-27 06:26:53","post_content":"\n

Investors continue to observe comments from Federal Reserve officials that could give more insight into the path of interest rates, but it is important to say that the U.S. Central Bank is widely seen raising rates by 25 basis points at its meeting this Wednesday, although the consumer prices and producer prices data provided evidence that inflation cooled more than expected.<\/p>\n\n\n\n

The US economy is doing better than expected, but inflation is still higher than the target of 2%. The latest economic data, corporate earnings, solid job market, and consumer sentiment cemented this expectation, and according to analysts, the U.S. economy still has some vibrancy, which gives the Fed cover to continue its rate hike policy.<\/p>\n\n\n\n

Markets are pricing a 90% chance that Fed policymakers will raise interest rates by 25 basis points on July 26. Still, there is also a significant chance that interest rates will stay unchanged at the September, November, and December meetings. The federal funds rate is at 5% to 5.25%, the highest since 2007, but financial and tech stock gains still supported Wall Street shares.<\/p>\n\n\n\n

\"Fed.<\/figure>\n\n\n\n

With higher interest rates, companies need to spend more money to borrow money to invest in growth, but as long the U.S. economy is not in recession and the corporate profit remains healthy, there is no risk of a bigger sell-off on the stock market. The recent rally in the cryptocurrency market was also connected with the positive sentiment on the stock markets, and the strengthening correlation between crypto prices and stock prices indicates crypto's maturity.<\/p>\n\n\n\n

The S&P 500 is up to nearly 20% year-to-date, while the Nasdaq has advanced about 37%, and both indexes are on track for their fifth straight month of gains. Corporate earnings so far are coming in pretty well, and Alphabet (Google), Microsoft, Visa, AT&T, Coca-Cola, Meta, Boeing, Procter & Gamble, Exxon Mobil, McDonald's, Ford, and Intel are among the companies scheduled to report quarterly results by the end of this trading week.<\/p>\n\n\n\n

A positive financial performance among these companies could lift shares on Wall Street and investors will watch guidance carefully from these companies to determine if profit margins remain healthy. The International Monetary Fund raised its global economic outlook for 2023 due to strong activity in the services sector in the first quarter.<\/p>\n","post_title":"The U.S. Central Bank May Raise Rates By 25 BPS; How Will This Impact Financial And Crypto Markets?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-u-s-central-bank-may-raise-rates-by-25-bps-how-will-this-impact-financial-and-crypto-markets","to_ping":"","pinged":"","post_modified":"2023-07-27 16:27:01","post_modified_gmt":"2023-07-27 06:27:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=12726","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 32 33 34 35 36 … 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Coinbase and Axie Infinity<\/h2>\n\n\n\n

For instance, the US-based cryptocurrency exchange Coinbase<\/a> was reportedly forced to remove its NFT transfers from its wallet app on iOS because Apple Store guidelines required a 30% charge on transactions. The exchange claims that the guidelines were impossible to comply with since Apple's in-app purchase system did not support crypto.<\/p>\n\n\n\n

Additionally, the legislators cited an instance where Axie Infinity, an NFT-based online video game, was forced to deploy a 'lite' version of its app on the Apple Store, excluding important NFT capabilities.<\/p>\n\n\n\n

Apple has until August 14 to respond to the claims and update the legislators about the App Store guidelines and how they could stifle competition. The legislators maintain that if Apple could support innovation in blockchain technology and NFTs, it could strengthen American technology leadership.<\/p>\n","post_title":"US Legislators Slam Apple For Allegedly Stifling Crypto Innovation","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"us-legislators-slam-apple-for-allegedly-stifling-crypto-innovation","to_ping":"","pinged":"","post_modified":"2023-07-31 13:56:22","post_modified_gmt":"2023-07-31 03:56:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=12802","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":12765,"post_author":"15","post_date":"2023-07-31 13:50:22","post_date_gmt":"2023-07-31 03:50:22","post_content":"\n

Democratic U.S. presidential candidate Robert Kennedy Jr. shows support for Bitcoin. He purchased two BTC each for his seven children in May. <\/p>\n\n\n\n

In a Twitter Spaces<\/a> interview with Scott Melker, he praised Bitcoin as the currency of freedom. They prompted him to invest in media criticism for promoting it without owning any.<\/p>\n\n\n\n

\"I bought two Bitcoin for each of my seven children,\"<\/em> Kennedy said. He moved \"right after\"<\/em> his appearance at the Bitcoin Conference in May. \"Now I'm a Bitcoin owner, and I'm sure they'll now find a different way to come at me, but no one can say I didn't put my money where my mouth is.\"<\/em><\/p>\n\n\n\n

Why Bitcoin? <\/h2>\n\n\n\n

Kennedy and Melker also touched on banks' ability to close customer accounts abruptly. They speculated that political pressure might have affected the closure of Joseph Mercola's bank account. Mercola has been labelled \"the most influential spreader of coronavirus misinformation online\"<\/em> by the New York Times.<\/p>\n\n\n\n

At the Miami conference, Kennedy revealed that his interest in Bitcoin was sparked by the COVID-19 restrictions. He asserted that he was the first presidential candidate to accept Bitcoin donations via the Lightning Network. However, he clarified that he did not own any Bitcoin and emphasized that he was not there to offer investment advice.<\/p>\n\n\n\n

\u201cWhen I witnessed this cataclysm\u2014this devastating use of government repression\u2014I realized for the first time how free money is as important to freedom as free expression<\/em>,\u201d Kennedy said.<\/p>\n\n\n\n

Kennedy added that the many environmental claims about Bitcoin are just a \"smokescreen to obscure the real motives for suppressing Bitcoin\".<\/em><\/p>\n","post_title":"Robert F. Kennedy Jr. Reveals 14 Bitcoin Purchases For His Children","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"robert-f-kennedy-jr-reveals-14-bitcoin-purchases-for-his-children","to_ping":"","pinged":"","post_modified":"2023-07-31 13:50:27","post_modified_gmt":"2023-07-31 03:50:27","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=12765","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":12726,"post_author":"14","post_date":"2023-07-27 16:26:53","post_date_gmt":"2023-07-27 06:26:53","post_content":"\n

Investors continue to observe comments from Federal Reserve officials that could give more insight into the path of interest rates, but it is important to say that the U.S. Central Bank is widely seen raising rates by 25 basis points at its meeting this Wednesday, although the consumer prices and producer prices data provided evidence that inflation cooled more than expected.<\/p>\n\n\n\n

The US economy is doing better than expected, but inflation is still higher than the target of 2%. The latest economic data, corporate earnings, solid job market, and consumer sentiment cemented this expectation, and according to analysts, the U.S. economy still has some vibrancy, which gives the Fed cover to continue its rate hike policy.<\/p>\n\n\n\n

Markets are pricing a 90% chance that Fed policymakers will raise interest rates by 25 basis points on July 26. Still, there is also a significant chance that interest rates will stay unchanged at the September, November, and December meetings. The federal funds rate is at 5% to 5.25%, the highest since 2007, but financial and tech stock gains still supported Wall Street shares.<\/p>\n\n\n\n

\"Fed.<\/figure>\n\n\n\n

With higher interest rates, companies need to spend more money to borrow money to invest in growth, but as long the U.S. economy is not in recession and the corporate profit remains healthy, there is no risk of a bigger sell-off on the stock market. The recent rally in the cryptocurrency market was also connected with the positive sentiment on the stock markets, and the strengthening correlation between crypto prices and stock prices indicates crypto's maturity.<\/p>\n\n\n\n

The S&P 500 is up to nearly 20% year-to-date, while the Nasdaq has advanced about 37%, and both indexes are on track for their fifth straight month of gains. Corporate earnings so far are coming in pretty well, and Alphabet (Google), Microsoft, Visa, AT&T, Coca-Cola, Meta, Boeing, Procter & Gamble, Exxon Mobil, McDonald's, Ford, and Intel are among the companies scheduled to report quarterly results by the end of this trading week.<\/p>\n\n\n\n

A positive financial performance among these companies could lift shares on Wall Street and investors will watch guidance carefully from these companies to determine if profit margins remain healthy. The International Monetary Fund raised its global economic outlook for 2023 due to strong activity in the services sector in the first quarter.<\/p>\n","post_title":"The U.S. Central Bank May Raise Rates By 25 BPS; How Will This Impact Financial And Crypto Markets?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-u-s-central-bank-may-raise-rates-by-25-bps-how-will-this-impact-financial-and-crypto-markets","to_ping":"","pinged":"","post_modified":"2023-07-27 16:27:01","post_modified_gmt":"2023-07-27 06:27:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=12726","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 32 33 34 35 36 … 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

The lawmakers cited instances where some cryptocurrency companies have had to reduce the utility of their apps on the App Store, saying the tech giant was increasing its profit at the expense of allowing innovation to thrive.<\/p>\n\n\n\n

Coinbase and Axie Infinity<\/h2>\n\n\n\n

For instance, the US-based cryptocurrency exchange Coinbase<\/a> was reportedly forced to remove its NFT transfers from its wallet app on iOS because Apple Store guidelines required a 30% charge on transactions. The exchange claims that the guidelines were impossible to comply with since Apple's in-app purchase system did not support crypto.<\/p>\n\n\n\n

Additionally, the legislators cited an instance where Axie Infinity, an NFT-based online video game, was forced to deploy a 'lite' version of its app on the Apple Store, excluding important NFT capabilities.<\/p>\n\n\n\n

Apple has until August 14 to respond to the claims and update the legislators about the App Store guidelines and how they could stifle competition. The legislators maintain that if Apple could support innovation in blockchain technology and NFTs, it could strengthen American technology leadership.<\/p>\n","post_title":"US Legislators Slam Apple For Allegedly Stifling Crypto Innovation","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"us-legislators-slam-apple-for-allegedly-stifling-crypto-innovation","to_ping":"","pinged":"","post_modified":"2023-07-31 13:56:22","post_modified_gmt":"2023-07-31 03:56:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=12802","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":12765,"post_author":"15","post_date":"2023-07-31 13:50:22","post_date_gmt":"2023-07-31 03:50:22","post_content":"\n

Democratic U.S. presidential candidate Robert Kennedy Jr. shows support for Bitcoin. He purchased two BTC each for his seven children in May. <\/p>\n\n\n\n

In a Twitter Spaces<\/a> interview with Scott Melker, he praised Bitcoin as the currency of freedom. They prompted him to invest in media criticism for promoting it without owning any.<\/p>\n\n\n\n

\"I bought two Bitcoin for each of my seven children,\"<\/em> Kennedy said. He moved \"right after\"<\/em> his appearance at the Bitcoin Conference in May. \"Now I'm a Bitcoin owner, and I'm sure they'll now find a different way to come at me, but no one can say I didn't put my money where my mouth is.\"<\/em><\/p>\n\n\n\n

Why Bitcoin? <\/h2>\n\n\n\n

Kennedy and Melker also touched on banks' ability to close customer accounts abruptly. They speculated that political pressure might have affected the closure of Joseph Mercola's bank account. Mercola has been labelled \"the most influential spreader of coronavirus misinformation online\"<\/em> by the New York Times.<\/p>\n\n\n\n

At the Miami conference, Kennedy revealed that his interest in Bitcoin was sparked by the COVID-19 restrictions. He asserted that he was the first presidential candidate to accept Bitcoin donations via the Lightning Network. However, he clarified that he did not own any Bitcoin and emphasized that he was not there to offer investment advice.<\/p>\n\n\n\n

\u201cWhen I witnessed this cataclysm\u2014this devastating use of government repression\u2014I realized for the first time how free money is as important to freedom as free expression<\/em>,\u201d Kennedy said.<\/p>\n\n\n\n

Kennedy added that the many environmental claims about Bitcoin are just a \"smokescreen to obscure the real motives for suppressing Bitcoin\".<\/em><\/p>\n","post_title":"Robert F. Kennedy Jr. Reveals 14 Bitcoin Purchases For His Children","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"robert-f-kennedy-jr-reveals-14-bitcoin-purchases-for-his-children","to_ping":"","pinged":"","post_modified":"2023-07-31 13:50:27","post_modified_gmt":"2023-07-31 03:50:27","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=12765","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":12726,"post_author":"14","post_date":"2023-07-27 16:26:53","post_date_gmt":"2023-07-27 06:26:53","post_content":"\n

Investors continue to observe comments from Federal Reserve officials that could give more insight into the path of interest rates, but it is important to say that the U.S. Central Bank is widely seen raising rates by 25 basis points at its meeting this Wednesday, although the consumer prices and producer prices data provided evidence that inflation cooled more than expected.<\/p>\n\n\n\n

The US economy is doing better than expected, but inflation is still higher than the target of 2%. The latest economic data, corporate earnings, solid job market, and consumer sentiment cemented this expectation, and according to analysts, the U.S. economy still has some vibrancy, which gives the Fed cover to continue its rate hike policy.<\/p>\n\n\n\n

Markets are pricing a 90% chance that Fed policymakers will raise interest rates by 25 basis points on July 26. Still, there is also a significant chance that interest rates will stay unchanged at the September, November, and December meetings. The federal funds rate is at 5% to 5.25%, the highest since 2007, but financial and tech stock gains still supported Wall Street shares.<\/p>\n\n\n\n

\"Fed.<\/figure>\n\n\n\n

With higher interest rates, companies need to spend more money to borrow money to invest in growth, but as long the U.S. economy is not in recession and the corporate profit remains healthy, there is no risk of a bigger sell-off on the stock market. The recent rally in the cryptocurrency market was also connected with the positive sentiment on the stock markets, and the strengthening correlation between crypto prices and stock prices indicates crypto's maturity.<\/p>\n\n\n\n

The S&P 500 is up to nearly 20% year-to-date, while the Nasdaq has advanced about 37%, and both indexes are on track for their fifth straight month of gains. Corporate earnings so far are coming in pretty well, and Alphabet (Google), Microsoft, Visa, AT&T, Coca-Cola, Meta, Boeing, Procter & Gamble, Exxon Mobil, McDonald's, Ford, and Intel are among the companies scheduled to report quarterly results by the end of this trading week.<\/p>\n\n\n\n

A positive financial performance among these companies could lift shares on Wall Street and investors will watch guidance carefully from these companies to determine if profit margins remain healthy. The International Monetary Fund raised its global economic outlook for 2023 due to strong activity in the services sector in the first quarter.<\/p>\n","post_title":"The U.S. Central Bank May Raise Rates By 25 BPS; How Will This Impact Financial And Crypto Markets?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-u-s-central-bank-may-raise-rates-by-25-bps-how-will-this-impact-financial-and-crypto-markets","to_ping":"","pinged":"","post_modified":"2023-07-27 16:27:01","post_modified_gmt":"2023-07-27 06:27:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=12726","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 32 33 34 35 36 … 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

\"It appears Apple may also use its market dominance oppositely, trying to maximize its profits by introducing rules to the App Store that 'purposefully limit choice and stifle innovation at the expense of user experience,\" <\/em>the letter<\/a> read. \"While Apple has argued that these rules increase scrutiny by creating a walled garden, many are concerned that Apple has used the App Store as a weapon against competitors.\"  <\/em> <\/p>\n\n\n\n

The lawmakers cited instances where some cryptocurrency companies have had to reduce the utility of their apps on the App Store, saying the tech giant was increasing its profit at the expense of allowing innovation to thrive.<\/p>\n\n\n\n

Coinbase and Axie Infinity<\/h2>\n\n\n\n

For instance, the US-based cryptocurrency exchange Coinbase<\/a> was reportedly forced to remove its NFT transfers from its wallet app on iOS because Apple Store guidelines required a 30% charge on transactions. The exchange claims that the guidelines were impossible to comply with since Apple's in-app purchase system did not support crypto.<\/p>\n\n\n\n

Additionally, the legislators cited an instance where Axie Infinity, an NFT-based online video game, was forced to deploy a 'lite' version of its app on the Apple Store, excluding important NFT capabilities.<\/p>\n\n\n\n

Apple has until August 14 to respond to the claims and update the legislators about the App Store guidelines and how they could stifle competition. The legislators maintain that if Apple could support innovation in blockchain technology and NFTs, it could strengthen American technology leadership.<\/p>\n","post_title":"US Legislators Slam Apple For Allegedly Stifling Crypto Innovation","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"us-legislators-slam-apple-for-allegedly-stifling-crypto-innovation","to_ping":"","pinged":"","post_modified":"2023-07-31 13:56:22","post_modified_gmt":"2023-07-31 03:56:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=12802","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":12765,"post_author":"15","post_date":"2023-07-31 13:50:22","post_date_gmt":"2023-07-31 03:50:22","post_content":"\n

Democratic U.S. presidential candidate Robert Kennedy Jr. shows support for Bitcoin. He purchased two BTC each for his seven children in May. <\/p>\n\n\n\n

In a Twitter Spaces<\/a> interview with Scott Melker, he praised Bitcoin as the currency of freedom. They prompted him to invest in media criticism for promoting it without owning any.<\/p>\n\n\n\n

\"I bought two Bitcoin for each of my seven children,\"<\/em> Kennedy said. He moved \"right after\"<\/em> his appearance at the Bitcoin Conference in May. \"Now I'm a Bitcoin owner, and I'm sure they'll now find a different way to come at me, but no one can say I didn't put my money where my mouth is.\"<\/em><\/p>\n\n\n\n

Why Bitcoin? <\/h2>\n\n\n\n

Kennedy and Melker also touched on banks' ability to close customer accounts abruptly. They speculated that political pressure might have affected the closure of Joseph Mercola's bank account. Mercola has been labelled \"the most influential spreader of coronavirus misinformation online\"<\/em> by the New York Times.<\/p>\n\n\n\n

At the Miami conference, Kennedy revealed that his interest in Bitcoin was sparked by the COVID-19 restrictions. He asserted that he was the first presidential candidate to accept Bitcoin donations via the Lightning Network. However, he clarified that he did not own any Bitcoin and emphasized that he was not there to offer investment advice.<\/p>\n\n\n\n

\u201cWhen I witnessed this cataclysm\u2014this devastating use of government repression\u2014I realized for the first time how free money is as important to freedom as free expression<\/em>,\u201d Kennedy said.<\/p>\n\n\n\n

Kennedy added that the many environmental claims about Bitcoin are just a \"smokescreen to obscure the real motives for suppressing Bitcoin\".<\/em><\/p>\n","post_title":"Robert F. Kennedy Jr. Reveals 14 Bitcoin Purchases For His Children","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"robert-f-kennedy-jr-reveals-14-bitcoin-purchases-for-his-children","to_ping":"","pinged":"","post_modified":"2023-07-31 13:50:27","post_modified_gmt":"2023-07-31 03:50:27","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=12765","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":12726,"post_author":"14","post_date":"2023-07-27 16:26:53","post_date_gmt":"2023-07-27 06:26:53","post_content":"\n

Investors continue to observe comments from Federal Reserve officials that could give more insight into the path of interest rates, but it is important to say that the U.S. Central Bank is widely seen raising rates by 25 basis points at its meeting this Wednesday, although the consumer prices and producer prices data provided evidence that inflation cooled more than expected.<\/p>\n\n\n\n

The US economy is doing better than expected, but inflation is still higher than the target of 2%. The latest economic data, corporate earnings, solid job market, and consumer sentiment cemented this expectation, and according to analysts, the U.S. economy still has some vibrancy, which gives the Fed cover to continue its rate hike policy.<\/p>\n\n\n\n

Markets are pricing a 90% chance that Fed policymakers will raise interest rates by 25 basis points on July 26. Still, there is also a significant chance that interest rates will stay unchanged at the September, November, and December meetings. The federal funds rate is at 5% to 5.25%, the highest since 2007, but financial and tech stock gains still supported Wall Street shares.<\/p>\n\n\n\n

\"Fed.<\/figure>\n\n\n\n

With higher interest rates, companies need to spend more money to borrow money to invest in growth, but as long the U.S. economy is not in recession and the corporate profit remains healthy, there is no risk of a bigger sell-off on the stock market. The recent rally in the cryptocurrency market was also connected with the positive sentiment on the stock markets, and the strengthening correlation between crypto prices and stock prices indicates crypto's maturity.<\/p>\n\n\n\n

The S&P 500 is up to nearly 20% year-to-date, while the Nasdaq has advanced about 37%, and both indexes are on track for their fifth straight month of gains. Corporate earnings so far are coming in pretty well, and Alphabet (Google), Microsoft, Visa, AT&T, Coca-Cola, Meta, Boeing, Procter & Gamble, Exxon Mobil, McDonald's, Ford, and Intel are among the companies scheduled to report quarterly results by the end of this trading week.<\/p>\n\n\n\n

A positive financial performance among these companies could lift shares on Wall Street and investors will watch guidance carefully from these companies to determine if profit margins remain healthy. The International Monetary Fund raised its global economic outlook for 2023 due to strong activity in the services sector in the first quarter.<\/p>\n","post_title":"The U.S. Central Bank May Raise Rates By 25 BPS; How Will This Impact Financial And Crypto Markets?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-u-s-central-bank-may-raise-rates-by-25-bps-how-will-this-impact-financial-and-crypto-markets","to_ping":"","pinged":"","post_modified":"2023-07-27 16:27:01","post_modified_gmt":"2023-07-27 06:27:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=12726","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 32 33 34 35 36 … 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

In the letter, Gus Bilirakis and Jan Schakowsky, the Chairman and Ranking Member, respectively, of the House Subcommittee on Innovation, Data, and Commerce, highlighted the challenges Web 3 developers were facing on App Store in monetizing their projects using crypto and NFTs.<\/p>\n\n\n\n

\"It appears Apple may also use its market dominance oppositely, trying to maximize its profits by introducing rules to the App Store that 'purposefully limit choice and stifle innovation at the expense of user experience,\" <\/em>the letter<\/a> read. \"While Apple has argued that these rules increase scrutiny by creating a walled garden, many are concerned that Apple has used the App Store as a weapon against competitors.\"  <\/em> <\/p>\n\n\n\n

The lawmakers cited instances where some cryptocurrency companies have had to reduce the utility of their apps on the App Store, saying the tech giant was increasing its profit at the expense of allowing innovation to thrive.<\/p>\n\n\n\n

Coinbase and Axie Infinity<\/h2>\n\n\n\n

For instance, the US-based cryptocurrency exchange Coinbase<\/a> was reportedly forced to remove its NFT transfers from its wallet app on iOS because Apple Store guidelines required a 30% charge on transactions. The exchange claims that the guidelines were impossible to comply with since Apple's in-app purchase system did not support crypto.<\/p>\n\n\n\n

Additionally, the legislators cited an instance where Axie Infinity, an NFT-based online video game, was forced to deploy a 'lite' version of its app on the Apple Store, excluding important NFT capabilities.<\/p>\n\n\n\n

Apple has until August 14 to respond to the claims and update the legislators about the App Store guidelines and how they could stifle competition. The legislators maintain that if Apple could support innovation in blockchain technology and NFTs, it could strengthen American technology leadership.<\/p>\n","post_title":"US Legislators Slam Apple For Allegedly Stifling Crypto Innovation","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"us-legislators-slam-apple-for-allegedly-stifling-crypto-innovation","to_ping":"","pinged":"","post_modified":"2023-07-31 13:56:22","post_modified_gmt":"2023-07-31 03:56:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=12802","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":12765,"post_author":"15","post_date":"2023-07-31 13:50:22","post_date_gmt":"2023-07-31 03:50:22","post_content":"\n

Democratic U.S. presidential candidate Robert Kennedy Jr. shows support for Bitcoin. He purchased two BTC each for his seven children in May. <\/p>\n\n\n\n

In a Twitter Spaces<\/a> interview with Scott Melker, he praised Bitcoin as the currency of freedom. They prompted him to invest in media criticism for promoting it without owning any.<\/p>\n\n\n\n

\"I bought two Bitcoin for each of my seven children,\"<\/em> Kennedy said. He moved \"right after\"<\/em> his appearance at the Bitcoin Conference in May. \"Now I'm a Bitcoin owner, and I'm sure they'll now find a different way to come at me, but no one can say I didn't put my money where my mouth is.\"<\/em><\/p>\n\n\n\n

Why Bitcoin? <\/h2>\n\n\n\n

Kennedy and Melker also touched on banks' ability to close customer accounts abruptly. They speculated that political pressure might have affected the closure of Joseph Mercola's bank account. Mercola has been labelled \"the most influential spreader of coronavirus misinformation online\"<\/em> by the New York Times.<\/p>\n\n\n\n

At the Miami conference, Kennedy revealed that his interest in Bitcoin was sparked by the COVID-19 restrictions. He asserted that he was the first presidential candidate to accept Bitcoin donations via the Lightning Network. However, he clarified that he did not own any Bitcoin and emphasized that he was not there to offer investment advice.<\/p>\n\n\n\n

\u201cWhen I witnessed this cataclysm\u2014this devastating use of government repression\u2014I realized for the first time how free money is as important to freedom as free expression<\/em>,\u201d Kennedy said.<\/p>\n\n\n\n

Kennedy added that the many environmental claims about Bitcoin are just a \"smokescreen to obscure the real motives for suppressing Bitcoin\".<\/em><\/p>\n","post_title":"Robert F. Kennedy Jr. Reveals 14 Bitcoin Purchases For His Children","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"robert-f-kennedy-jr-reveals-14-bitcoin-purchases-for-his-children","to_ping":"","pinged":"","post_modified":"2023-07-31 13:50:27","post_modified_gmt":"2023-07-31 03:50:27","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=12765","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":12726,"post_author":"14","post_date":"2023-07-27 16:26:53","post_date_gmt":"2023-07-27 06:26:53","post_content":"\n

Investors continue to observe comments from Federal Reserve officials that could give more insight into the path of interest rates, but it is important to say that the U.S. Central Bank is widely seen raising rates by 25 basis points at its meeting this Wednesday, although the consumer prices and producer prices data provided evidence that inflation cooled more than expected.<\/p>\n\n\n\n

The US economy is doing better than expected, but inflation is still higher than the target of 2%. The latest economic data, corporate earnings, solid job market, and consumer sentiment cemented this expectation, and according to analysts, the U.S. economy still has some vibrancy, which gives the Fed cover to continue its rate hike policy.<\/p>\n\n\n\n

Markets are pricing a 90% chance that Fed policymakers will raise interest rates by 25 basis points on July 26. Still, there is also a significant chance that interest rates will stay unchanged at the September, November, and December meetings. The federal funds rate is at 5% to 5.25%, the highest since 2007, but financial and tech stock gains still supported Wall Street shares.<\/p>\n\n\n\n

\"Fed.<\/figure>\n\n\n\n

With higher interest rates, companies need to spend more money to borrow money to invest in growth, but as long the U.S. economy is not in recession and the corporate profit remains healthy, there is no risk of a bigger sell-off on the stock market. The recent rally in the cryptocurrency market was also connected with the positive sentiment on the stock markets, and the strengthening correlation between crypto prices and stock prices indicates crypto's maturity.<\/p>\n\n\n\n

The S&P 500 is up to nearly 20% year-to-date, while the Nasdaq has advanced about 37%, and both indexes are on track for their fifth straight month of gains. Corporate earnings so far are coming in pretty well, and Alphabet (Google), Microsoft, Visa, AT&T, Coca-Cola, Meta, Boeing, Procter & Gamble, Exxon Mobil, McDonald's, Ford, and Intel are among the companies scheduled to report quarterly results by the end of this trading week.<\/p>\n\n\n\n

A positive financial performance among these companies could lift shares on Wall Street and investors will watch guidance carefully from these companies to determine if profit margins remain healthy. The International Monetary Fund raised its global economic outlook for 2023 due to strong activity in the services sector in the first quarter.<\/p>\n","post_title":"The U.S. Central Bank May Raise Rates By 25 BPS; How Will This Impact Financial And Crypto Markets?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-u-s-central-bank-may-raise-rates-by-25-bps-how-will-this-impact-financial-and-crypto-markets","to_ping":"","pinged":"","post_modified":"2023-07-27 16:27:01","post_modified_gmt":"2023-07-27 06:27:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=12726","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 32 33 34 35 36 … 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

US lawmakers have written to the CEO of Apple, Tim Cook, accusing the company of implementing policies that hinder innovation in blockchain technology and\u00a0non-fungible tokens (NFTs)<\/a>. The legislators are accusing the tech giant of restricting App Store to curb competition.<\/p>\n\n\n\n

In the letter, Gus Bilirakis and Jan Schakowsky, the Chairman and Ranking Member, respectively, of the House Subcommittee on Innovation, Data, and Commerce, highlighted the challenges Web 3 developers were facing on App Store in monetizing their projects using crypto and NFTs.<\/p>\n\n\n\n

\"It appears Apple may also use its market dominance oppositely, trying to maximize its profits by introducing rules to the App Store that 'purposefully limit choice and stifle innovation at the expense of user experience,\" <\/em>the letter<\/a> read. \"While Apple has argued that these rules increase scrutiny by creating a walled garden, many are concerned that Apple has used the App Store as a weapon against competitors.\"  <\/em> <\/p>\n\n\n\n

The lawmakers cited instances where some cryptocurrency companies have had to reduce the utility of their apps on the App Store, saying the tech giant was increasing its profit at the expense of allowing innovation to thrive.<\/p>\n\n\n\n

Coinbase and Axie Infinity<\/h2>\n\n\n\n

For instance, the US-based cryptocurrency exchange Coinbase<\/a> was reportedly forced to remove its NFT transfers from its wallet app on iOS because Apple Store guidelines required a 30% charge on transactions. The exchange claims that the guidelines were impossible to comply with since Apple's in-app purchase system did not support crypto.<\/p>\n\n\n\n

Additionally, the legislators cited an instance where Axie Infinity, an NFT-based online video game, was forced to deploy a 'lite' version of its app on the Apple Store, excluding important NFT capabilities.<\/p>\n\n\n\n

Apple has until August 14 to respond to the claims and update the legislators about the App Store guidelines and how they could stifle competition. The legislators maintain that if Apple could support innovation in blockchain technology and NFTs, it could strengthen American technology leadership.<\/p>\n","post_title":"US Legislators Slam Apple For Allegedly Stifling Crypto Innovation","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"us-legislators-slam-apple-for-allegedly-stifling-crypto-innovation","to_ping":"","pinged":"","post_modified":"2023-07-31 13:56:22","post_modified_gmt":"2023-07-31 03:56:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=12802","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":12765,"post_author":"15","post_date":"2023-07-31 13:50:22","post_date_gmt":"2023-07-31 03:50:22","post_content":"\n

Democratic U.S. presidential candidate Robert Kennedy Jr. shows support for Bitcoin. He purchased two BTC each for his seven children in May. <\/p>\n\n\n\n

In a Twitter Spaces<\/a> interview with Scott Melker, he praised Bitcoin as the currency of freedom. They prompted him to invest in media criticism for promoting it without owning any.<\/p>\n\n\n\n

\"I bought two Bitcoin for each of my seven children,\"<\/em> Kennedy said. He moved \"right after\"<\/em> his appearance at the Bitcoin Conference in May. \"Now I'm a Bitcoin owner, and I'm sure they'll now find a different way to come at me, but no one can say I didn't put my money where my mouth is.\"<\/em><\/p>\n\n\n\n

Why Bitcoin? <\/h2>\n\n\n\n

Kennedy and Melker also touched on banks' ability to close customer accounts abruptly. They speculated that political pressure might have affected the closure of Joseph Mercola's bank account. Mercola has been labelled \"the most influential spreader of coronavirus misinformation online\"<\/em> by the New York Times.<\/p>\n\n\n\n

At the Miami conference, Kennedy revealed that his interest in Bitcoin was sparked by the COVID-19 restrictions. He asserted that he was the first presidential candidate to accept Bitcoin donations via the Lightning Network. However, he clarified that he did not own any Bitcoin and emphasized that he was not there to offer investment advice.<\/p>\n\n\n\n

\u201cWhen I witnessed this cataclysm\u2014this devastating use of government repression\u2014I realized for the first time how free money is as important to freedom as free expression<\/em>,\u201d Kennedy said.<\/p>\n\n\n\n

Kennedy added that the many environmental claims about Bitcoin are just a \"smokescreen to obscure the real motives for suppressing Bitcoin\".<\/em><\/p>\n","post_title":"Robert F. Kennedy Jr. Reveals 14 Bitcoin Purchases For His Children","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"robert-f-kennedy-jr-reveals-14-bitcoin-purchases-for-his-children","to_ping":"","pinged":"","post_modified":"2023-07-31 13:50:27","post_modified_gmt":"2023-07-31 03:50:27","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=12765","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":12726,"post_author":"14","post_date":"2023-07-27 16:26:53","post_date_gmt":"2023-07-27 06:26:53","post_content":"\n

Investors continue to observe comments from Federal Reserve officials that could give more insight into the path of interest rates, but it is important to say that the U.S. Central Bank is widely seen raising rates by 25 basis points at its meeting this Wednesday, although the consumer prices and producer prices data provided evidence that inflation cooled more than expected.<\/p>\n\n\n\n

The US economy is doing better than expected, but inflation is still higher than the target of 2%. The latest economic data, corporate earnings, solid job market, and consumer sentiment cemented this expectation, and according to analysts, the U.S. economy still has some vibrancy, which gives the Fed cover to continue its rate hike policy.<\/p>\n\n\n\n

Markets are pricing a 90% chance that Fed policymakers will raise interest rates by 25 basis points on July 26. Still, there is also a significant chance that interest rates will stay unchanged at the September, November, and December meetings. The federal funds rate is at 5% to 5.25%, the highest since 2007, but financial and tech stock gains still supported Wall Street shares.<\/p>\n\n\n\n

\"Fed.<\/figure>\n\n\n\n

With higher interest rates, companies need to spend more money to borrow money to invest in growth, but as long the U.S. economy is not in recession and the corporate profit remains healthy, there is no risk of a bigger sell-off on the stock market. The recent rally in the cryptocurrency market was also connected with the positive sentiment on the stock markets, and the strengthening correlation between crypto prices and stock prices indicates crypto's maturity.<\/p>\n\n\n\n

The S&P 500 is up to nearly 20% year-to-date, while the Nasdaq has advanced about 37%, and both indexes are on track for their fifth straight month of gains. Corporate earnings so far are coming in pretty well, and Alphabet (Google), Microsoft, Visa, AT&T, Coca-Cola, Meta, Boeing, Procter & Gamble, Exxon Mobil, McDonald's, Ford, and Intel are among the companies scheduled to report quarterly results by the end of this trading week.<\/p>\n\n\n\n

A positive financial performance among these companies could lift shares on Wall Street and investors will watch guidance carefully from these companies to determine if profit margins remain healthy. The International Monetary Fund raised its global economic outlook for 2023 due to strong activity in the services sector in the first quarter.<\/p>\n","post_title":"The U.S. Central Bank May Raise Rates By 25 BPS; How Will This Impact Financial And Crypto Markets?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-u-s-central-bank-may-raise-rates-by-25-bps-how-will-this-impact-financial-and-crypto-markets","to_ping":"","pinged":"","post_modified":"2023-07-27 16:27:01","post_modified_gmt":"2023-07-27 06:27:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=12726","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 32 33 34 35 36 … 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n
  • The lawmakers have raised concerns about App Store guidelines.<\/li>\n<\/ul>\n\n\n\n

    US lawmakers have written to the CEO of Apple, Tim Cook, accusing the company of implementing policies that hinder innovation in blockchain technology and\u00a0non-fungible tokens (NFTs)<\/a>. The legislators are accusing the tech giant of restricting App Store to curb competition.<\/p>\n\n\n\n

    In the letter, Gus Bilirakis and Jan Schakowsky, the Chairman and Ranking Member, respectively, of the House Subcommittee on Innovation, Data, and Commerce, highlighted the challenges Web 3 developers were facing on App Store in monetizing their projects using crypto and NFTs.<\/p>\n\n\n\n

    \"It appears Apple may also use its market dominance oppositely, trying to maximize its profits by introducing rules to the App Store that 'purposefully limit choice and stifle innovation at the expense of user experience,\" <\/em>the letter<\/a> read. \"While Apple has argued that these rules increase scrutiny by creating a walled garden, many are concerned that Apple has used the App Store as a weapon against competitors.\"  <\/em> <\/p>\n\n\n\n

    The lawmakers cited instances where some cryptocurrency companies have had to reduce the utility of their apps on the App Store, saying the tech giant was increasing its profit at the expense of allowing innovation to thrive.<\/p>\n\n\n\n

    Coinbase and Axie Infinity<\/h2>\n\n\n\n

    For instance, the US-based cryptocurrency exchange Coinbase<\/a> was reportedly forced to remove its NFT transfers from its wallet app on iOS because Apple Store guidelines required a 30% charge on transactions. The exchange claims that the guidelines were impossible to comply with since Apple's in-app purchase system did not support crypto.<\/p>\n\n\n\n

    Additionally, the legislators cited an instance where Axie Infinity, an NFT-based online video game, was forced to deploy a 'lite' version of its app on the Apple Store, excluding important NFT capabilities.<\/p>\n\n\n\n

    Apple has until August 14 to respond to the claims and update the legislators about the App Store guidelines and how they could stifle competition. The legislators maintain that if Apple could support innovation in blockchain technology and NFTs, it could strengthen American technology leadership.<\/p>\n","post_title":"US Legislators Slam Apple For Allegedly Stifling Crypto Innovation","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"us-legislators-slam-apple-for-allegedly-stifling-crypto-innovation","to_ping":"","pinged":"","post_modified":"2023-07-31 13:56:22","post_modified_gmt":"2023-07-31 03:56:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=12802","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":12765,"post_author":"15","post_date":"2023-07-31 13:50:22","post_date_gmt":"2023-07-31 03:50:22","post_content":"\n

    Democratic U.S. presidential candidate Robert Kennedy Jr. shows support for Bitcoin. He purchased two BTC each for his seven children in May. <\/p>\n\n\n\n

    In a Twitter Spaces<\/a> interview with Scott Melker, he praised Bitcoin as the currency of freedom. They prompted him to invest in media criticism for promoting it without owning any.<\/p>\n\n\n\n

    \"I bought two Bitcoin for each of my seven children,\"<\/em> Kennedy said. He moved \"right after\"<\/em> his appearance at the Bitcoin Conference in May. \"Now I'm a Bitcoin owner, and I'm sure they'll now find a different way to come at me, but no one can say I didn't put my money where my mouth is.\"<\/em><\/p>\n\n\n\n

    Why Bitcoin? <\/h2>\n\n\n\n

    Kennedy and Melker also touched on banks' ability to close customer accounts abruptly. They speculated that political pressure might have affected the closure of Joseph Mercola's bank account. Mercola has been labelled \"the most influential spreader of coronavirus misinformation online\"<\/em> by the New York Times.<\/p>\n\n\n\n

    At the Miami conference, Kennedy revealed that his interest in Bitcoin was sparked by the COVID-19 restrictions. He asserted that he was the first presidential candidate to accept Bitcoin donations via the Lightning Network. However, he clarified that he did not own any Bitcoin and emphasized that he was not there to offer investment advice.<\/p>\n\n\n\n

    \u201cWhen I witnessed this cataclysm\u2014this devastating use of government repression\u2014I realized for the first time how free money is as important to freedom as free expression<\/em>,\u201d Kennedy said.<\/p>\n\n\n\n

    Kennedy added that the many environmental claims about Bitcoin are just a \"smokescreen to obscure the real motives for suppressing Bitcoin\".<\/em><\/p>\n","post_title":"Robert F. Kennedy Jr. Reveals 14 Bitcoin Purchases For His Children","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"robert-f-kennedy-jr-reveals-14-bitcoin-purchases-for-his-children","to_ping":"","pinged":"","post_modified":"2023-07-31 13:50:27","post_modified_gmt":"2023-07-31 03:50:27","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=12765","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":12726,"post_author":"14","post_date":"2023-07-27 16:26:53","post_date_gmt":"2023-07-27 06:26:53","post_content":"\n

    Investors continue to observe comments from Federal Reserve officials that could give more insight into the path of interest rates, but it is important to say that the U.S. Central Bank is widely seen raising rates by 25 basis points at its meeting this Wednesday, although the consumer prices and producer prices data provided evidence that inflation cooled more than expected.<\/p>\n\n\n\n

    The US economy is doing better than expected, but inflation is still higher than the target of 2%. The latest economic data, corporate earnings, solid job market, and consumer sentiment cemented this expectation, and according to analysts, the U.S. economy still has some vibrancy, which gives the Fed cover to continue its rate hike policy.<\/p>\n\n\n\n

    Markets are pricing a 90% chance that Fed policymakers will raise interest rates by 25 basis points on July 26. Still, there is also a significant chance that interest rates will stay unchanged at the September, November, and December meetings. The federal funds rate is at 5% to 5.25%, the highest since 2007, but financial and tech stock gains still supported Wall Street shares.<\/p>\n\n\n\n

    \"Fed.<\/figure>\n\n\n\n

    With higher interest rates, companies need to spend more money to borrow money to invest in growth, but as long the U.S. economy is not in recession and the corporate profit remains healthy, there is no risk of a bigger sell-off on the stock market. The recent rally in the cryptocurrency market was also connected with the positive sentiment on the stock markets, and the strengthening correlation between crypto prices and stock prices indicates crypto's maturity.<\/p>\n\n\n\n

    The S&P 500 is up to nearly 20% year-to-date, while the Nasdaq has advanced about 37%, and both indexes are on track for their fifth straight month of gains. Corporate earnings so far are coming in pretty well, and Alphabet (Google), Microsoft, Visa, AT&T, Coca-Cola, Meta, Boeing, Procter & Gamble, Exxon Mobil, McDonald's, Ford, and Intel are among the companies scheduled to report quarterly results by the end of this trading week.<\/p>\n\n\n\n

    A positive financial performance among these companies could lift shares on Wall Street and investors will watch guidance carefully from these companies to determine if profit margins remain healthy. The International Monetary Fund raised its global economic outlook for 2023 due to strong activity in the services sector in the first quarter.<\/p>\n","post_title":"The U.S. Central Bank May Raise Rates By 25 BPS; How Will This Impact Financial And Crypto Markets?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-u-s-central-bank-may-raise-rates-by-25-bps-how-will-this-impact-financial-and-crypto-markets","to_ping":"","pinged":"","post_modified":"2023-07-27 16:27:01","post_modified_gmt":"2023-07-27 06:27:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=12726","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

    1 … 32 33 34 35 36 … 85

    Most Read

    Subscribe To Our Newsletter

    By subscribing, you agree with our privacy and terms.

    Follow The Distributed

    Twitter Instagram Youtube LinkedIn Facebook RSS
    ADVERTISEMENT
    \n
  • Congress claims Apple is stifling innovation in blockchain technology. <\/li>\n\n\n\n
  • The lawmakers have raised concerns about App Store guidelines.<\/li>\n<\/ul>\n\n\n\n

    US lawmakers have written to the CEO of Apple, Tim Cook, accusing the company of implementing policies that hinder innovation in blockchain technology and\u00a0non-fungible tokens (NFTs)<\/a>. The legislators are accusing the tech giant of restricting App Store to curb competition.<\/p>\n\n\n\n

    In the letter, Gus Bilirakis and Jan Schakowsky, the Chairman and Ranking Member, respectively, of the House Subcommittee on Innovation, Data, and Commerce, highlighted the challenges Web 3 developers were facing on App Store in monetizing their projects using crypto and NFTs.<\/p>\n\n\n\n

    \"It appears Apple may also use its market dominance oppositely, trying to maximize its profits by introducing rules to the App Store that 'purposefully limit choice and stifle innovation at the expense of user experience,\" <\/em>the letter<\/a> read. \"While Apple has argued that these rules increase scrutiny by creating a walled garden, many are concerned that Apple has used the App Store as a weapon against competitors.\"  <\/em> <\/p>\n\n\n\n

    The lawmakers cited instances where some cryptocurrency companies have had to reduce the utility of their apps on the App Store, saying the tech giant was increasing its profit at the expense of allowing innovation to thrive.<\/p>\n\n\n\n

    Coinbase and Axie Infinity<\/h2>\n\n\n\n

    For instance, the US-based cryptocurrency exchange Coinbase<\/a> was reportedly forced to remove its NFT transfers from its wallet app on iOS because Apple Store guidelines required a 30% charge on transactions. The exchange claims that the guidelines were impossible to comply with since Apple's in-app purchase system did not support crypto.<\/p>\n\n\n\n

    Additionally, the legislators cited an instance where Axie Infinity, an NFT-based online video game, was forced to deploy a 'lite' version of its app on the Apple Store, excluding important NFT capabilities.<\/p>\n\n\n\n

    Apple has until August 14 to respond to the claims and update the legislators about the App Store guidelines and how they could stifle competition. The legislators maintain that if Apple could support innovation in blockchain technology and NFTs, it could strengthen American technology leadership.<\/p>\n","post_title":"US Legislators Slam Apple For Allegedly Stifling Crypto Innovation","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"us-legislators-slam-apple-for-allegedly-stifling-crypto-innovation","to_ping":"","pinged":"","post_modified":"2023-07-31 13:56:22","post_modified_gmt":"2023-07-31 03:56:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=12802","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":12765,"post_author":"15","post_date":"2023-07-31 13:50:22","post_date_gmt":"2023-07-31 03:50:22","post_content":"\n

    Democratic U.S. presidential candidate Robert Kennedy Jr. shows support for Bitcoin. He purchased two BTC each for his seven children in May. <\/p>\n\n\n\n

    In a Twitter Spaces<\/a> interview with Scott Melker, he praised Bitcoin as the currency of freedom. They prompted him to invest in media criticism for promoting it without owning any.<\/p>\n\n\n\n

    \"I bought two Bitcoin for each of my seven children,\"<\/em> Kennedy said. He moved \"right after\"<\/em> his appearance at the Bitcoin Conference in May. \"Now I'm a Bitcoin owner, and I'm sure they'll now find a different way to come at me, but no one can say I didn't put my money where my mouth is.\"<\/em><\/p>\n\n\n\n

    Why Bitcoin? <\/h2>\n\n\n\n

    Kennedy and Melker also touched on banks' ability to close customer accounts abruptly. They speculated that political pressure might have affected the closure of Joseph Mercola's bank account. Mercola has been labelled \"the most influential spreader of coronavirus misinformation online\"<\/em> by the New York Times.<\/p>\n\n\n\n

    At the Miami conference, Kennedy revealed that his interest in Bitcoin was sparked by the COVID-19 restrictions. He asserted that he was the first presidential candidate to accept Bitcoin donations via the Lightning Network. However, he clarified that he did not own any Bitcoin and emphasized that he was not there to offer investment advice.<\/p>\n\n\n\n

    \u201cWhen I witnessed this cataclysm\u2014this devastating use of government repression\u2014I realized for the first time how free money is as important to freedom as free expression<\/em>,\u201d Kennedy said.<\/p>\n\n\n\n

    Kennedy added that the many environmental claims about Bitcoin are just a \"smokescreen to obscure the real motives for suppressing Bitcoin\".<\/em><\/p>\n","post_title":"Robert F. Kennedy Jr. Reveals 14 Bitcoin Purchases For His Children","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"robert-f-kennedy-jr-reveals-14-bitcoin-purchases-for-his-children","to_ping":"","pinged":"","post_modified":"2023-07-31 13:50:27","post_modified_gmt":"2023-07-31 03:50:27","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=12765","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":12726,"post_author":"14","post_date":"2023-07-27 16:26:53","post_date_gmt":"2023-07-27 06:26:53","post_content":"\n

    Investors continue to observe comments from Federal Reserve officials that could give more insight into the path of interest rates, but it is important to say that the U.S. Central Bank is widely seen raising rates by 25 basis points at its meeting this Wednesday, although the consumer prices and producer prices data provided evidence that inflation cooled more than expected.<\/p>\n\n\n\n

    The US economy is doing better than expected, but inflation is still higher than the target of 2%. The latest economic data, corporate earnings, solid job market, and consumer sentiment cemented this expectation, and according to analysts, the U.S. economy still has some vibrancy, which gives the Fed cover to continue its rate hike policy.<\/p>\n\n\n\n

    Markets are pricing a 90% chance that Fed policymakers will raise interest rates by 25 basis points on July 26. Still, there is also a significant chance that interest rates will stay unchanged at the September, November, and December meetings. The federal funds rate is at 5% to 5.25%, the highest since 2007, but financial and tech stock gains still supported Wall Street shares.<\/p>\n\n\n\n

    \"Fed.<\/figure>\n\n\n\n

    With higher interest rates, companies need to spend more money to borrow money to invest in growth, but as long the U.S. economy is not in recession and the corporate profit remains healthy, there is no risk of a bigger sell-off on the stock market. The recent rally in the cryptocurrency market was also connected with the positive sentiment on the stock markets, and the strengthening correlation between crypto prices and stock prices indicates crypto's maturity.<\/p>\n\n\n\n

    The S&P 500 is up to nearly 20% year-to-date, while the Nasdaq has advanced about 37%, and both indexes are on track for their fifth straight month of gains. Corporate earnings so far are coming in pretty well, and Alphabet (Google), Microsoft, Visa, AT&T, Coca-Cola, Meta, Boeing, Procter & Gamble, Exxon Mobil, McDonald's, Ford, and Intel are among the companies scheduled to report quarterly results by the end of this trading week.<\/p>\n\n\n\n

    A positive financial performance among these companies could lift shares on Wall Street and investors will watch guidance carefully from these companies to determine if profit margins remain healthy. The International Monetary Fund raised its global economic outlook for 2023 due to strong activity in the services sector in the first quarter.<\/p>\n","post_title":"The U.S. Central Bank May Raise Rates By 25 BPS; How Will This Impact Financial And Crypto Markets?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-u-s-central-bank-may-raise-rates-by-25-bps-how-will-this-impact-financial-and-crypto-markets","to_ping":"","pinged":"","post_modified":"2023-07-27 16:27:01","post_modified_gmt":"2023-07-27 06:27:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=12726","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

    1 … 32 33 34 35 36 … 85

    Most Read

    Subscribe To Our Newsletter

    By subscribing, you agree with our privacy and terms.

    Follow The Distributed

    Twitter Instagram Youtube LinkedIn Facebook RSS
    ADVERTISEMENT
    \n