News list for " published an article"
According to a recent Forbes article, the "likely reason" for Bitcoin's rise is the strong performance of the cryptocurrency, driven by market expectations that Donald Trump will win the presidential election within two weeks.
On September 1st, Michael Shellenberger, author of San Francisco magazine, wrote that yesterday the Brazilian government blocked X (formerly Twitter) and threatened to fine citizens $8,900 a day if they used the platform. Musk retweeted a solidarity tweet, saying that Twitter respects Brazilian laws, but when asked to violate them, Twitter has the right to refuse. Ironically, while Twitter may be banned for not complying with laws elsewhere, in Brazil it is banned for complying with laws....
"According to CNBC, almost half of all corporate money raised in the US Presidential Election came from Bitcoin and cryptocurrencies, and they outspent big oil companies and banks. So far, where cryptocurrency money has gone, victory has followed."
According to the Wall Street Journal, unlike gold, which has long been regarded as a global safe-haven asset, bitcoin is still considered a speculative asset. Given the volatile price of bitcoin, it is unclear whether hoarding bitcoin will bring long-term returns.
The Federal Reserve Bank of New York published an article on Tuesday saying that the Fed's balance sheet is a "key tool" used to support the FOMC's monetary policy objectives and to "support financial stability on rare occasions." The Fed sets the monetary policy stance primarily by adjusting the target range for the federal funds rate, but the FOMC has previously helped ease overall financial conditions by buying Treasuries and agency mortgage-backed securities (MBS), especially when interest r...
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