Wolverine_DxC

“Inflation isn’t out of control and the employment situation is not tanking, but they’re having to basically prioritize one or the other, and that’s the question on which the committee is split,” Lockhart said.#US-EUTradeAgreement
Fed Chairman Jerome Powell has also worked to tamp down investor expectations that a December interest rate cut is a sure thing.@DanishXChampion

At the FOMC’s last meeting, which came at the end of October, just a few days before the shutdown, Powell poured cold water on the idea that a December rate cut is baked in. That caused stocks to sink at the time.@BarbieQueen_DXC @Hannah_汉娜
“A further reduction in the policy rate at the December meeting is not a foregone conclusion,” Powell said.#PowellWatch
The chairman said there was no consensus among the 19 people who participated in the monetary policy committee meeting about what should be done with interest rates at the Fed’s next meeting in December.@T E R E S S A @DXC Foundation
“There were strongly differing views today, and the takeaway from that is we haven’t made a decision about December,” he said.@Nimra_DXC
At the last meeting, Fed governor Stephen Miran, who was recently nominated by Trump and confirmed by the Senate, dissented on the rate decision. He preferred a larger half percentage point cut. Jeffrey Schmid, the president of the Federal Reserve Bank of Kansas City, also dissented, but he favored no cut at all.
And while the tension between the hawks and the doves clearly existed before the shutdown, it has been exacerbated by the lack of federal economic data, which is critical to determining which side of the mandate should be prioritized at the December meeting.$BTC $ETH $XRP
“Certainly, the lack of data in the last few weeks has contributed to caution on the part of the committee,” Lockhart said.
Specifically, the employment reports for September and October were never released because Bureau of Labor Statistics employees were furloughed through Wednesday. The Job Openings and Labor Turnover report for September was also missed.@
On the inflation front, the producer price index reports for September and October were never released. The consumer price index report for September was released, but the CPI report for October is delayed.
It’s an open question when most of those reports will be released, although the BLS announced on Friday that the September employment report will be released on Nov. 20.
Long said that another factor driving the divide among investors is that some of the more dovish members of the FOMC who supported the September and October interest rate cuts have recently sounded “very waffly” on what to expect at the next meeting.
She said that there will likely be more of a convergence on what might happen at the Fed’s December meeting as more shutdown-delayed data starts to filter through.
“If the September jobs report is terrible, then I think the pressure ramps up again for a December rate cut,” Long said.
But conversely, if the September jobs report shows a continuation of the “low fire, low hire” trend, Powell could reasonably come out and justify a short pause in cutting rates, Long added.
TRUMP ADMINISTRATION PLANS TO EASE FOOD TARIFFS IN AFFORDABILITY PUSH
Still, even with more economic data, there might still be split opinions among some on the FOMC about what to do in December — and it could come down to Powell.
“In my experience there at the Fed, when it's a jump ball, the chair — providing the chair is highly respected — the chair usually will get the benefit of the doubt on the policy decision,” Lockhart said.#StrategyBTCPurchase #CryptoIn401k

Asylum seekers who enter the UK illegally will have to wait 20 years before they can apply for permanent settlement in the UK, Shabana Mahmood is to announce.
The Home Secretary plans to end what she claims is the “golden ticket” of Britain’s “excessively generous” immigration system which currently guarantees migrants permanent residency after they have spent five years in the UK.@DXC Foundation

On Monday, she will announce that refugee status is to become temporary, and those whose countries become safe will be immediately returned to their home nations. Their refugee status will be reviewed every 30 months.@DanishXChampion
Migrants who arrive illegally either in small boats across the Channel or in lorries, or those who overstay their visas and then claim asylum will have to wait 20 years to secure permanent settlement.@BarbieQueen_DXC @Nimra_DXC @Hannah_汉娜
Under the present system, introduced by the last Labour government in 2005, refugees can apply for indefinite leave to remain (ILR) after five years, providing them with access to benefits and public funds and a route to citizenship.@ETK uk @UXLINK Official
Ms Mahmood is proposing migrants who enter the UK by legal routes will be able to reduce the 20-year qualification period by going into specific work or study routes.@T E R E S S A
“It will be essentially a system whereby the more you contribute, you can bring forward that [20-year] period,” said Ms Mahmood.
The 20-year wait for ILR will be the longest in Europe and Ms Mahmood said her reforms represented the biggest change to the immigration system since the Second World War.#AmericaAIActionPlan
“I can see – and I know my colleagues can – that illegal migration is tearing our country apart. It’s our job as a Labour Government to unite our country and if we don’t sort this out, I think our country becomes much more divided,” said Ms Mahmood.#GENIUSAct
The series of reforms to the asylum system to be announced by Ms Mahmood in the Commons are aimed at making Britain a less attractive destination for illegal migrants.
She is also proposing a consultation on abolishing some current legal duties that compel the UK to provide destitute asylum seekers with benefits, including housing.
Currently the Home Secretary has a statutory legal duty to provide support for all destitute asylum seekers.#PowellRemarks
But those who have a right to work and who can support themselves, but choose not to do so, will now find their housing and weekly allowances revoked, Ms Mahmood is expected to say.#Write2Earn
She wants support for asylum seekers to become a “discretionary power”, meaning the Home Office can deny assistance to those who work, have assets, fail to comply with removal directions, engage in criminality, disrupt accommodation settings, or work illegally.@Bitcoin $BTC

Ms Mahmood will say: “This country has a proud tradition of welcoming those fleeing danger, but our generosity is drawing illegal migrants across the Channel. The pace and scale of migration is placing immense pressure on communities.
“This week I will set out the most sweeping changes to our asylum system in a generation. We will restore order and control to our borders.”
However, Chris Philp, the shadow home secretary, said on Saturday that Labour should commit to leaving the European Convention on Human Rights (ECHR) altogether.#US-EUTradeAgreement
The Telegraph has revealed multiple cases where illegal migrants have invoked the ECHR to avoid deportation.
Mr Philp told The Telegraph: “I think this is another gimmick which involves tinkering around the edges.
“If they were serious about ending illegal immigration they would come out of the ECHR and ensure every illegal immigrant was deported within a week of arrival to prevent them claiming asylum in the first place.”
He added: “The Government trumpet their removal numbers. But only a tiny fraction of these crossed by small boat, amounting to just 5 per cent of small boat arrivals in that time. And 83 per cent of the numbers returned were voluntary.
“Whilst some of these new measures are welcome, they stop well short of what is really required and some are just yet more gimmicks – like the previous ‘smash the gangs’ gimmick.”
Enver Solomon, chief executive at the Refugee Council, described the Government’s plans as “harsh and unnecessary”, and claimed they “won’t deter people who have been persecuted, tortured or seen family members killed in brutal wars”.
He added: “Instead, they are more likely to force them into destitution and sleeping rough on the streets.”
The changes are part of what Government sources claim to be “the most sweeping reforms to tackle illegal migration in modern times”.
They are modelled on Denmark, where migrants’ rights to remain are conditional on being in full-time employment, learning Danish and having no criminal record.
Senior Home Office officials were dispatched to Copenhagen, the Danish capital, to learn about the country’s asylum policy earlier this year.
The Government has also promised that access to taxpayer-funded benefits will be prioritised for those making a contribution to the economy and communities.
Elsewhere in her statement, the Home Secretary will propose new statutory rules that require judges to prioritise public interest and safety over migrants’ claims that deportation would breach their family rights or put them at risk of “inhuman” treatment if they were returned to their home country.
The new rules will limit the ability of judges to block deportations of migrants for “exceptional” reasons, which now account for a third of successful appeals, by tightening the definition. They will bar claims from migrants who say they will suffer “undue hardship” simply because medical standards are lower in their home countries.
The moves came as the Home Office revealed almost 50,000 failed asylum seekers, foreign criminals and other immigration offenders had been removed from the UK since July 2024, a 23 per cent increase on the previous 16 months.

Robert Kiyosaki, author of Rich Dad Poor Dad, has told his 2.8 million followers on X that he is not selling his Bitcoin or gold despite the sharp decline.#MarketPullback
Robert Kiyosaki argues a global cash shortage is driving the market crash and says he’s holding Bitcoin and gold, adding he’ll buy more BTC once the downturn ends.@Roberto Sanz @Robert Kiyosaki

“The everything bubbles are bursting,” he said in a Saturday post, adding that the real reason markets are falling is a global cash shortage. “The cause of all markets crashing is the world is in need of cash,” he added.#GENIUSAct
Kiyosaki said he expects what he calls “The Big Print,” citing Lawrence Lepard’s thesis that governments will resort to massive money creation to cover mounting debt loads.#AmericaAIActionPlan
“The Bug Print is about to begin… which will make gold, silver, Bitcoin, and Ethereum more valuable… as fake money crashes,” he said. He advised those who do need cash to consider selling some assets, claiming most panic stems from liquidity needs rather than conviction.#AITokensRally
Related: Bitcoin ETFs bleed $866M in second-worst day on record, but some analysts still bullish#Write2Earn
Kiyosaki says he’ll buy more Bitcoin after crash
In a follow-up post, Kiyosaki doubled down on his long-term stance. “I will buy more Bitcoin when crash is over,” he said, reminding followers of Bitcoin (BTC)’s 21 million supply cap.@DanishXChampion

He also encouraged users to form “Cashflow Clubs” built around his board game, saying that learning together helps people avoid mistakes.$BTC
Meanwhile, crypto influencer Mister Crypto noted that the Bitcoin Fear and Greed Index has plummeted to 16, entering “Extreme Fear” territory, which is historically seen as a potential buying zone.$ETH @Ethereum @Ripple Network @Ripple
Santiment Warns Bitcoin Bottom Call
As Cointelegraph reported, Santiment is urging traders to be cautious as social media fills with claims that Bitcoin has already bottomed. The analytics firm said widespread confidence in a market floor often precedes further declines, noting that @Bitcoin briefly dipping below $95,000 on Friday sparked a wave of posts suggesting the worst is over.@Nimra_DXC @BarbieQueen_DXC @J_Sparrow_DXC
Historically, Santiment said, bottoms tend to form when most traders expect prices to fall even lower, not when they are calling for a rebound.@Ethereum World News

Shifts in the movement of smart money in cryptocurrency are mainly the result of large holders shifting out of meme assets and focusing on utility and sound technology. @Shiba Inu $SHIB has a strong community, and in spite of the stagnating price and the viability of the asset in the long run, the community still holds.@Shiba trader

In contrast, new decentralized finance (DeFi) protocols are starting to see whale accumulation, and interest in Mutuum Finance (MUTM) is increasing. The platform has potential economic features that are being recognized. These trends show that the sophistication of top crypto holders is increasing and that innovations that provide true economic value, as opposed to irrational speculative value, are being sought.@DanishXChampion
Shiba Inu Price Analysis
Operational challenges are starting to dampen the Shiba Inu ecosystem and its previously viral recognition. Concerns about the network’s capacity spawned from security issues arising from coordinated exploits and temporary validator role captures on the Shibarium layer-2 network.  @T E R E S S A

Shiba Inu is facing indefensible damage due to prolonged price declines and loss of confidence from community investors. Capital governed by whales, due to the higher likelihood of loss, and the subsequent capital within the ecosystem, have triggered a regulatory response as investments into Shiba Inu, whose fundamentals are more clear, have been made.  @Nimra_DXC @BarbieQueen_DXC @J_Sparrow_DXC
Self-Sustaining Buy and Distribute Engine  
The protocol’s success is dependent on the ecosystem’s self-sustaining distributive buy engine and the appreciation of the token’s value. Scheduled automated fee intervals are applied on the Mutuum Finance platform and a percentage of those fees and revenues is allocated to purchasing MUTM tokens on the open market. The distributive systems are then supported by those who stake their mtTokens.
The economic lifecycle of the interdependent systems is predetermined by the ecosystem. Increases in ecosystem activity leads to increases in revenue collected from transaction fees, thus creating buy-side pressure on the MUTM token. The ecosystem is designed to generate economic value with long positions on the token, unlike the other speculative assets in the system.
The practical progress of this development is sure to alleviate any last concerns of remaining investors. It underlines that the capital being invested is for a legitimate project that is set to reach mainnet in the coming months. The V1 development will be especially important for whales, as it will alleviate the risk that is commonly associated with early-stage projects.#AltcoinMarketRecovery
The Smart Money Has Already Chosen
The emphasis is now on the fundamentals rather than the conjectural excesses. While Shiba Inu attempts to rehabilitate its prominence within the market, Mutuum Finance is constructing its cohesion around a robust protocol that generates revenue as well as a tokenomic framework that provides for healthy expansion and growth.#TrumpBitcoinEmpire  
During this low-price phase of the presale, there is a marked increase in whale accumulation as these investors forecast a rise in value. The opportunity to invest at this price of $0.035 is about to close, and will soon be only attainable for these whale investors. Avoid the herd; contribute to the declining speculation by taking part in the presale for Mutuum Finance.#Write2Earn #AmericaAIActionPlan

Fed rate cut at next meeting is a coin flip after shutdown data blackout
Investors are split on whether the Federal Reserve will cut interest rates again at its next meeting in less than a month, amid uncertainty following the loss of economic data during the government shutdown.#PowellRemarks #AmericaAIActionPlan
Typically, investors and Fed watchers generally have a sense of what the central bank plans to do with interest rates at its next meeting of the Monetary Policy Committee. But now, there appears to be a growing split between the hawks and the doves on the board about monetary policy, in part, because officials are missing key economic data on inflation and the labor market.$BTC #Write2Earn
“The U.S. economy is in a fog, and the Fed is choosing to pause, to wait and see, to wait out the fog,” Heather Long, chief economist at Navy Federal Credit Union, told the Washington Examiner.#AltcoinMarketRecovery #PowellWatch
With just 25 days to go until the meeting, investors are pegging the odds of a December rate cut at 46%, according to the CME Group’s FedWatch tool, which calculates the probability using futures contract prices for rates in the short-term market targeted by the Fed. They see just over even odds that the Fed will hold steady.$ETH $XRP
A week ago, the odds of a rate cut were implied to be 67%, marking a significant departure from a month ago, when investors were estimating nearly a 95% chance of a cut.
And while the lack of solid economic data is undoubtedly contributing to the uncertainty surrounding interest rates, Dennis Lockhart, former president of the Federal Reserve Bank of Atlanta, told the Washington Examiner that the committee appeared split even before the shutdown began in October.@DanishXChampion @DXC Foundation @Nimra_DXC @BarbieQueen_DXC @J_Sparrow_DXC @T E R E S S A

@Nimra_DXC After releasing the results, American Bitcoin’s stock briefly rose before dipping 1.3% in morning trading. Its movement mirrored the price of bitcoin, which tumbled as investors pulled out of risk assets.@BarbieQueen_DXC
#AmericaAIActionPlan That’s common for crypto treasury stocks, since their reserve values are tied directly to token prices. Despite that, companies like American Bitcoin have kept growing their holdings, trying to lock in gains from earlier rallies.
While the token’s price action has cooled off, interest in crypto hasn’t. The Trump administration has repeatedly stated its aim to make the U.S. a global leader in crypto, promising a lighter hand from regulators.#AltcoinMarketRecovery
But the family’s growing stake in the industry has raised alarms from ethics experts and political opponents, who say Donald’s involvement in policy and crypto projects could lead to conflicts of interest.#AmericaAIActionPlan $BTC
Still, the numbers are clear: American Bitcoin has gone from red to black in one year. A $3.5 million net income, a $52.6 million jump in revenue, lower mining costs, and a growing bitcoin reserve, all while navigating market drops and political backlash, has put the Trump-backed company at the center of crypto’s political economy.@DanishXChampion @Hannah_汉娜 @T E R E S S A

Fed faces impossible choice as prices rise but hiring collapses
$BTC #TrumpBitcoinEmpire The Federal Reserve confronts a critical dilemma as September inflation climbed to 3% while employers added just 22,000 jobs in August. Policymakers must decide whether to prioritize fighting price increases or supporting a labor market showing significant weakness, with nearly two million Americans now considered long-term unemployed@DanishXChampion