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Shazia Farooq
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Cryptocurrency enthusiast Staying up-to-date with market trends"Crypto enthusiast | Learning and exploring the world of blockchain and cryptocurrency
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#USStablecoinBill Federal Reserve Unlikely to Ease Policy Based on Soft Data, Economists Say According to Odaily, recent surveys of U.S. consumers and businesses indicate a sense of economic anxiety, though fundamental data does not yet show a significant slowdown. Economists at Goldman Sachs suggest that the Federal Reserve is unlikely to ease its policy based solely on 'soft data.' This caution is due to past instances where such data inaccurately predicted an impending recession, such as during the Fed's efforts to combat inflation in 2022. The Goldman Sachs team notes that the Federal Reserve would prefer to see evidence from the labor market and other hard data before considering a rate cut. Like other Wall Street institutions, the investment bank anticipates that the Federal Reserve will maintain its current interest rates in the upcoming decision on Wednesday.
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#MarketPullback BNB News: CZ Advises Kyrgyzstan to Add BTC and BNB to National Crypto Reserves Binance News 59m ・ Verified Binance official account Binance founder Changpeng Zhao (CZ) has revealed that he advised Kyrgyzstan to include Bitcoin (BTC) and Binance Coin (BNB) in its official cryptocurrency reserves, marking a potential shift toward digital asset adoption at the sovereign level. During a recent statement, CZ said he had shared recommendations with Kyrgyz authorities, suggesting BTC and BNB be considered as the first digital assets in the country’s national cryptocurrency reserves. While Kyrgyzstan has not yet made a formal announcement, such a move would place the Central Asian nation among the earliest to explore sovereign-level crypto diversification.
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#EUPrivacyCoinBan New Cryptocurrency Listing Obol (OBOL) Will Be Available on Binance Alpha and Binance Futures
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#Vaulta Buffett Expresses Concerns Over U.S. Fiscal PolicyAccording to BlockBeats, Warren Buffett has expressed significant concerns regarding the fiscal policy of the United States. He indicated that potential developments in the country might lead to a preference for holding substantial amounts of other currencies.
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#AppleCryptoUpdate U.S. Tariff Revenue Surges in April Under Trump AdministrationAccording to BlockBeats, the Trump administration collected over $17.4 billion in tariffs and certain excise taxes in April, nearly doubling the $9.6 billion revenue from March. This figure significantly surpasses any revenue generated during U.S. President Donald Trump's first term. Since January 1, these tariffs have contributed more than $70 billion to government income. Trump previously stated on a program that with billions in tariff revenue flowing in, the United States is 'just getting started.'
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