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What does the latest PCE report mean for Bitcoin and the markets? #PCE Inflation Watch
Everyone is watching! The economic report for this month has been released, which is the Personal Consumption Expenditures (PCE) index, the preferred measure by the American bank.
This number is not just a statistic, but a compass for the upcoming effective activation capacity along with the incentive prices, and thus it is directly present in the cryptocurrency market. Aiming for what we want means this as investors.
This number is not just a statistic, but a compass for the upcoming effective activation capacity along with the incentive prices, and thus it is directly present in the cryptocurrency market. Aiming for what we want means this as investors.
It is @rumour.app the Federal Reserve will present US regulators with an updated plan that would considerably soften capital requirements for large Wall Street banks under the Biden presidency.
If so, this could enhance market liquidity and possibly be a tailwind for assets such as Bitcoin.
In the meantime, reports indicate Donald Trump might pardon SBF, as he has done in recent times for individuals like Justin Sun and CZ. GOP strategists, crypto contributors, and the family of SBF are said to be lobbying for the same. Might this be an indication of an SBF return?
$ALT
Disclaimer: This is based on rumors and speculation. Always verify news before making financial decisions.
#Traderumour #Altlayer #ALT #FedPaymentsInnovation #FederalRes
If so, this could enhance market liquidity and possibly be a tailwind for assets such as Bitcoin.
In the meantime, reports indicate Donald Trump might pardon SBF, as he has done in recent times for individuals like Justin Sun and CZ. GOP strategists, crypto contributors, and the family of SBF are said to be lobbying for the same. Might this be an indication of an SBF return?
$ALT
Disclaimer: This is based on rumors and speculation. Always verify news before making financial decisions.
#Traderumour #Altlayer #ALT #FedPaymentsInnovation #FederalRes
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