Jim Bianco, president of Bianco Research posted on X, questions the PCE-CPI chart's residual seasonality over 40 years of data. He asks why this phenomenon isn't observed in other years.

American Bitcoin plans to enhance its Bitcoin mining capabilities by adding 11,298 ASIC machines. According to ChainCatcher, this expansion is expected to increase the company's computing power by approximately 12%.

The European Central Bank (ECB) has raised concerns about the increasing use of stablecoins and its potential impact on traditional banking systems. According to Cointelegraph, a new ECB working paper released Tuesday highlights that the growing adoption of stablecoins, which are digital assets often pegged to currencies like the US dollar or euro, could draw funds away from traditional bank deposits. This shift may weaken the transmission of monetary policy through lending channels. The ECB's analysis indicates a measurable decline in retail bank deposits and a reduction in lending to firms as interest in stablecoins rises. The report suggests that stablecoins could reduce the amount of credit banks provide to the real economy. The effects of stablecoin adoption are described as nonlinear, varying based on the scale of adoption, design features, and regulatory frameworks. This report is part of the ECB's ongoing efforts to monitor stablecoins, whose market capitalization has surged over the past three years to $312 billion and is projected to reach $2 trillion by 2028. In examining the impact on banks, the ECB identified a deposit-substitution effect, where households and firms shift funds from retail bank deposits to digital assets. The study notes that banks heavily rely on deposits as a stable and low-cost funding source to support lending to households and businesses. A decline in deposits could force banks to depend more on wholesale or market-based funding, which is typically more expensive and less stable. The report also highlights that stablecoins can alter how policy interest rates affect bank funding costs and lending, with impacts varying by adoption scale, design, and regulation. The ECB warns that stablecoin adoption could interfere with multiple monetary policy transmission channels, potentially weakening the predictability of policy actions. Additionally, the central bank cautions that foreign-currency stablecoins could further weaken the connection between domestic monetary policy and bank lending, with risks amplified when the market is dominated by non-euro-denominated tokens. The study reiterates that US dollar-backed stablecoins constitute the vast majority of the stablecoin market. Data from CoinGecko shows these dollar-pegged tokens are valued at $301 billion, representing 97% of the total stablecoin market capitalization at the time of publication.

Target has announced an optimistic profit forecast for the full year, suggesting that its strategic turnaround initiatives are yielding positive outcomes. Bloomberg posted on X, highlighting the retailer's efforts to enhance its financial performance. The company has been implementing various measures to improve its operations and customer engagement, which appear to be contributing to its favorable financial outlook. This development comes as Target continues to navigate the competitive retail landscape, aiming to strengthen its market position and drive growth.

Bitcoin's daily chart has recently formed a death cross, where the 50-day moving average has fallen below the 200-day average. According to NS3.AI, this technical pattern often indicates potential further price declines. Historically, similar death crosses have preceded significant drops in Bitcoin's price, such as a 50% fall in 2022. Analysts suggest that Bitcoin might bottom out between $30,000 and $45,000, potentially implying up to a 30% further decline from current levels.

The European Central Bank warns that as stablecoin adoption grows, deposits are expected to move from banks, affecting lending and monetary policy transmission. source: https://cointelegraph.com/news/stablecoin-deposits-monetary-policy-europe-ecb?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Joe Burnett projects $11M Bitcoin by 2036, driven by AI-led deflation and ongoing monetary expansion. Here’s what the thesis gets right — and where risk remains. <p>The post $11 Million Bitcoin by 2036? AI Deflation and the Monetary Expansion Thesis Explained first appeared on Crypto News And Market Updates | BTCUSA. </p> source: https://btcusa.com/11-million-bitcoin-by-2036-ai-deflation-and-the-monetary-expansion-thesis-explained/

Jim Bianco, president of Bianco Research posted on X, commented on the Federal Reserve's preference for PCE over CPI. He inquired about the positive spread between the two measures.

게이트 데이터에 따르면, 현물 은 가격이 당일 12.00% 급락하며 온스당 79달러 아래로 떨어졌다.

null source: https://x.com/cointelegraph/status/2028795258805367258

바이럴 동영상 크리에이터에서 암호화폐 및 비즈니스 거물이 된 미스터비스트의 놀라운 여정을 알아보세요. 하지만 그의 성공가도를 달리는 동안에도 논란은 끊이지 않았습니다.