US President Trump eases market jitters, says no plans to fire Powell, China tariffs to be lower

US President Trump eases market jitters, says no plans to fire Powell, China tariffs to be lower

Recently, US President Donald Trump said at a press conference that his discussions with China are going well, adding that he believed it would reach a deal. He said that the definitions of China will not reach 145 %, but it will not be zero. Trump added that he had no intention to shoot at … Read more

Jerome Powell Just Got Ripped Apart: Can Trump Fire Powell For No Rate Cut?

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Can Trump shot Powell? Federal Reserve Chairman Jerome Powell presented questions in Congress about everything from inflation to discounts in evaluation for the second day. Over two days of certificate, Federal Reserve Chairman Jerome Powell presented questions from Congress about everything from inflation and monetary policy to banking services for encryption and the independence of … Read more

Why Is Crypto Down? Can Trump Fire Powell? What Happens Next After Powell’s Fed Blocks Bitcoin Reserve?

Why Is Crypto Down? Can Trump Fire Powell? What Happens Next After Powell’s Fed Blocks Bitcoin Reserve?

Why did encryption decline? Federal Reserve Chairman Jerome Powell’s latest monetary policy update hit the cryptocurrency markets like a hammer. Bitcoin, which had crossed the $100,000 line, stumbled, falling 4.6% to $101,300 after the 25 basis point interest rate cut was announced. Ethereum followed suit, falling 5.96% and landing at $3,600 in the aftermath. What’s … Read more

Kenya’s Fire Brigades Union Adopts Bitcoin Reserve, Adoption Expected To Increase

Kenya’s Fire Brigades Union Adopts Bitcoin Reserve, Adoption Expected To Increase

Kenya’s National Fire Brigades Association (KENFIBA) has become the first union in the country to adopt Bitcoin as part of its financial reserves. The initiative was announced on “X” during the Africa Bitcoin Conference in Nairobi on December 11, 2024. The announcement was made byProof of Workforce,’ a non-profit organization committed to helping unions and … Read more