News list for "raphael"
Raphael Bostic, president of the Atlanta Fed, said policymakers should be cautious about keeping interest rates high in order to achieve their price stability goal, given the patchy progress in fighting inflation. In a podcast recorded on December 9 and released on Tuesday, Bostic said he expected inflation to continue to decline gradually this year and reach the Fed's 2 percent target as soon as possible.
BitMEX CGO Raphael said that ETH/BTC has now given up all the gains since EIP-1559 was upgraded to a deflationary mechanism in 2021. Bitcoin's continued outperformance of Ethereum is becoming the basic expectation of the market. ETF inflows into Bitcoin tend to be more than 100 times that of Ethereum. MicroStrategy continues to raise billions of dollars to buy Bitcoin, and some large public companies (such as Tesla) also hold Bitcoin instead of Ethereum.
Raphael Bostic, the president of the Federal Reserve Bank of Atlanta, said the uncertainty surrounding the US Presidential Election could cause some businesses and consumers to delay making investment and spending decisions. "You're likely to see a stagnation in some businesses, especially when you're thinking about investments," he said on Friday at an event with high school students in Jackson, Mississippi. "The same will be true for families. Because inflation has been high, families are feel...
Bitmex Chief Growth Officer Raphael Polansky said at X that there is an interesting fact: Bitcoin has been trading in the 25% range for the past 170 days (0.5 years). Since July, implied volatility in Bitcoin has skyrocketed due to some major industry and macroeconomic events, including fears of a U.S. recession, Trump's official support for Bitcoin, a Japanese yen rate hike, and healthy ETF inflows. However, it is now mid-August, and bitcoin is still trading at around $60,000.
