At this meeting, the Fed cut interest rates by 25bp to 4.25%-4.5%, in line with expectations. The overnight reverse repo facility was technically adjusted to the lower end of the range of the federal funds rate.
JinseFinanceSatoshi Nakamoto, Another candidate for Satoshi Nakamoto: Who is Nick Szabo? Golden Finance, Satoshi Nakamoto's true identity remains a mystery. Could he be Nick Szabo?
JinseFinanceNetizens have eliminated Len Sassaman and turned their attention tocomputer scientist Nick Szabo.
XingChiNick Szabo has become the leading candidate to be Satoshi Nakamoto, the mysterious creator of Bitcoin, as his odds on the betting platform Polymarket rise to 28.3%. This shift follows producer Cullen Hoback's claim that he confronted the real Nakamoto, suggesting that the true creator is still alive, while former frontrunner Len Sassaman's odds have plummeted to 8.5%.
WeatherlyAt this meeting, the Federal Reserve cut interest rates for the first time to start a new cycle, by 50 basis points to 4.75%-5.0%.
JinseFinanceThe press conference of Federal Reserve Chairman Powell sent out hawkish signals. U.S. stocks continued to rise when he spoke, but then turned around and fell when they realized that something was wrong, returning to the low point before midday. The bond market, gold and foreign exchange markets also made a 180-degree reversal.
JinseFinanceUBS analysts recently stated that despite the hawkish tone in the recent Federal Reserve meeting minutes, they still predict a 50 basis point rate cut by the Fed this year.
MiyukiPowell stated that due to persistent inflation, the Federal Reserve may continue to tighten monetary policy and may do so faster than previously anticipated.
Coinlive “What has pushed Bitcoin into a ‘crypto winter’ over the past six months can largely be explained as a direct result of increasingly hawkish rhetoric from the Federal Reserve,” CoinShares wrote.
Cointelegraph“What has pushed Bitcoin into a “crypto winter” over the last six months can by and large be explained as a direct result of an increasingly hawkish rhetoric from the US Federal Reserve,” CoinShares wrote.
Cointelegraph