Explore my portfolio mix. Follow to see how I invest! | CryptoTigar on Binance Square

Trending Articles

Bookmarked and Liked

--

Bullish

Explore my portfolio mix. Follow to see how I invest!

0 people tipped the creator.

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

227

0

Explore the latest crypto news

⚡️ Be a part of the latests discussions in crypto

💬 Interact with your favorite creators

👍 Enjoy content that interests you

Email / Phone number

Relevant Creator

@Zionking

Explore More From Creator

$BTC #TrumpVsPowell Trump’s knives are out for Jerome Powell President Trump has spent the first months of his presidency upending longstanding norms, from firing commissioners of independent agencies to ramping up tariffs against U.S. allies and rivals alike. But there is one line he hasn’t crossed: Firing the head of the central bank. This week, though, new developments have raised fears that Trump could take the once-unthinkable step of dismissing Federal Reserve Chair Jerome Powell On Thursday, Trump issued a tirade on his social media platform Truth Social, blasting the Fed Chair as always “too late and wrong” about cutting interest rates, adding “Powell’s termination cannot come fast enough!” Meanwhile, a new report claims Trump has been privately telling aides he wants to remove Powell before his term expires in a year. Powell has said he would not resign if Trump asked. All of this sets up a potential legal showdown that could upend nearly a century of legal and political precedent—and that critics fear would destroy confidence in the U.S. economy. To understand what’s at stake, Fortune asked law professors and policy experts for their view on an explosive issue that is fast making its way to the Supreme Court. What is Humphrey’s Executor? Trump, whose recent outburst came after a Powell speech stating that tariffs could exacerbate inflation, has not taken formal steps to dismiss the Fed Chair. But he has fired commissioners from other independent agencies that fall under the executive branch, including the Federal Trade Commission and the National Labor Relations Board. These moves come as a direct challenge to a nearly century-old precedent, where a unanimous Supreme Court, in a case called Humphrey’s Executor v. United States held that President Franklin Roosevelt could not remove the heads of an independent agency without a good reason such as neglect or wrongdoing “That’s a really foundational Supreme Court precedent,” said Hayley Durudogan, a senior policy analyst at the left-leaning Center for American Progress.

--

#GameStopBitcoinReserve GameStop’s Bold Move: Bitcoin Added as Treasury Asset, Stock Surges$BTC GameStop invests corporate cash in Bitcoin, following MicroStrategy’s lead. Stock price jumps 12% after GameStop announces Bitcoin reserves move. GameStop’s Bitcoin strategy aims to use crypto for future growth. GameStop announced that its board of directors made a decision to add Bitcoin to its reserve assets. The company revealed this decision through its Form 10-K filing with the SEC on March 25, 2025. This allows the company to make cash investments as well as future debt and equity issuances into Bitcoin. GameStop Ventures Into Bitcoin Investments The decision comes after MicroStrategy and other companies made substantial Bitcoin investments. GameStop has not set a limit for its BTC reserve and maintains the right to sell any acquired assets. However, the company admits that its Bitcoin investment strategy faces uncharted risks. The company aims to use its massive cash reserves to implement its Bitcoin investment strategy. In February 1, 2025 financial report, GameStop held $4.8 billion in cash and cash equivalents. The substantial financial reserves enables GameStop to invest in cryptocurrencies to diversify its treasury reserves and strengthen its financial stability. GameStop outlined several risks related to BTC such as market manipulation, volatility and security vulnerabilities in its decentralized network. The company stated that it continues to monitor these risks and evaluate the performance benefits of this strategy. Moreover, the company identified limited liquidity and potential compliance issues related to cryptocurrency markets. GameStop Scales Down Business Operations GameStop has conducted various changes to its business operations such as reducing its physical store network. The company reported $3.823 billion net sales in the fiscal year 2024 which represents a decline from $5.273 billion in the previous year. However, Gamestop earned a net income of $131.3 million which surpassed the $6.7 million in fiscal year 2023.

--

#FedWatch Everybody agrees that the flight against inflation has stalled.’ — Economist Mohamed El-Erian Tariffs tend to raise prices for consumers and businesses as they percolate into the economy. And inflation has remained stubbornly high at about 3%. This has fanned fears that the Fed’s commitment to interest rate cuts will waver, and stocks and crypto have fallen sharply as a result of this and other macroeconomic concerns. Bitcoin had plunged into a potential bear market, while the rest of the crypto market has tumbled 20%, to $2.9 trillion, since Trump took office on January 20. Traditional markets have also been fried, with both the S&P 500 and the tech-heavy Nasdaq100 plunging into correction territory in the last month. 2% target Addressing a crowd at Blockworks’ Digital Asset Summit Wednesday, economist Mohamed El-Erian said he had recently increased his odds a recession would hit the US from a one-in-ten chance to one-in-four. “Everybody agrees that the flight against inflation has stalled,” he said. “If [the Fed] was really serious about a 2% inflation target, the market would be speculating about when is the next hike, not when is the next cut.” Meanwhile, investors are split on the outcome of Trump’s trade wars and cost cutting efforts, according to El-Erian. On the one hand, some believe it will unleash the private sector and tame the national debt. “Then there’s the other possibility, which is the Jimmy Carter possibility,” he said, referring to the one-term US president who lost reelection in 1980 amid soaring inflation and a moribund economy. “That policy pushes you into a stagflation which persists.” Relief rally Even so, all investors apparently wanted to see on Wednesday was no surprises from the Fed. Optimistic investors staged a last-minute rally in the hours before the FOMC’s statement at 2 PM New York time. Bitcoin jumped 3.2% and Ethereum spiked 8%. The big winner was XRP, the Ripple connected cryptocurrency, which soared 12%.

--

#FedWatch Bitcoin price jumps as investors exhale following key Fed meeting Investors welcome relief rally after a bruising few weeks. The Fed issued a sobering new forecast. Economist Mohamed El-Erian says a recession is more likely. Crypto and equities markets jumped on Wednesday after the Federal Reserve opted to hold rates steady. Investors breathed a sigh of relief after the US central bank remained on course to make two cuts to interest rates this year. The move was expected: before Wednesday’s announcement, investors had put the chance of a rate drop at about 1%, according to the CME’s FedWatch tool. Following the Fed’s statement, Bitcoin increased 1.3%, to $85,623, in mid-afternoon trading New York time, and Ethereum edged up 0.8% to $2,043, Sobering forecast Even so, the Fed’s economic forecast for the US was sobering as it released projections of slower growth and rising inflation in the US. The Federal Open Markets Committee, or FOMC, revised growth projections for 2025 downward to 1.7%, from 2.1%. And the FOMC revised its inflation projections upward to 2.8%, from 2.5% in December. “Uncertainty around the economic outlook has increased,” the FOMC said in a statement. After largely taming inflation stemming from the emergency spending taken during the Covid-19 pandemic, the Fed started cutting interest rates last year. Investors in risk-on assets such as cryptocurrencies and stocks look for lower rates because it means the economy is growing and more money will rotate out of fixed income assets such as bonds. But President Donald Trump’s commitment to 25% tariffs on Canada and Mexico, the US’ two top trading partners, plus China and potentially the European Union, has clouded the picture.

--

#FedWatch Bitcoin Shrugs as Fed Projects Two Rate Cuts in 2025, Holds Rates Steady$BTC $ETH The U.S. central bank’s “dot plot” forecast the same number of rate cuts as it did in December. The Federal Reserve held interest rates steady on Wednesday, prolonging a months-long pause on rate cuts amid economic uncertainty fueled by U.S. President Donald Trump’s tariffs. The price of Bitcoin and other cryptocurrencies, which rose on Wednesday morning, was roughly flat immediately after the central bank stood pat for a third consecutive time but was still up 4% over the past 24 hours to trade at about $84,500, according to data provider CoinGecko. The U.S. central bank’s decision was widely expected, leaving its benchmark rate at 4.25% to 4.50% after the Fed began slashing borrowing costs in the final quarter of last year. In a statement, the Fed emphasized a wait-and-see approach on how Trump’s policy maneuvers—which have battered stocks and crypto—could draw out its inflation fight. “Uncertainty around the economic outlook has increased.,” the Fed said. “The Committee will continue to monitor the implications of incoming information for the economic outlook.” An updated forecast weighing expectations from 19 Fed officials showed two rate cuts this year, effectively matching policymakers’ outlook in December. The Fed’s previous projections had poured cold water on risk assets, as Fed officials had previously penciled in four rate cuts. In December, however, one Fed official foresaw as many as five rate cuts this year, or a reduction of 1.5% in the Fed’s benchmark rate. On Wednesday, no fed official envisioned more than three rate cuts this year, suggesting a firmer policy outlook. The president’s approach to tariffs has sparked inflation concerns, but some fear that it may also hamstring U.S. economic growth as consumers and businesses face elevated costs. The prices of Ethereum and Solana dipped in the hour but are up 7.7% to $2000, and 5% to $129.50, respectively.

--

Latest News

CEOs Warn of Potential Economic Impact from Tariffs in Coming Weeks

--

Bitcoin News Today: Bitcoin Price Dips from $95K as Macroeconomic Concerns Resurface — Will Bulls Hold the Line?

--

PCE Price Index Anticipated to Show Minimal Increase in March

--

Crypto Market News: April 29, 2025 – Bitcoin Eyes $100K as Altcoins Show Mixed Signals

--

SEC Delays Decision on Bitwise Spot DOGE ETF Application

--

Trending Articles

[click here to get big rewards 👇.](https://www.binance.info

khan king of Crypto

🚨 BREAK THE CODE. RIDE THE CYCLES. BECOME UNSTOPPABLE. 🚨

$SOL 🚨 Solana Price Prediction: Is SOL in

Expert Says That Holding Only XRP Is Enough to ‘Make It’

Lachakari_Crypto

$TRUMP Donald Trump Announces His Cryptocurrency Reaches 50

محلل وخبير عملات رقمية

Cookie Preferences

Cookie Preferences