Powell: The Fed Has No Authority to Purchase Bitcoin, Nor Is It Seeking That Power

Federal Reserve Chairman Powell is facing a serious policy dilemma: under immense government debt and political pressure, the Fed has had to abandon its independence and anti-inflation stance. Instead, it has resorted to measures like quantitative easing to finance the government, creating a situation of "fiscal dominance" similar to the Volcker era of the 1970s. This foreshadows the Fed's need to reinitiate loose monetary policy, which could potentially drive up the prices of assets like Bitcoin.

Bitcoin to form support between $30,000 to $35,000

BTFPS are yield curve Controls (Yccs) repackaged in a new, shiny, more acceptable form and are a very clever way of enabling unlimited purchases of government bonds without actually buying them.

Banking "Unleashing" Alongside Interest Rate Cuts Will Channel Liquidity into Crypto; However, DAT Leveraged Chains Are More Fragile