Crypto Granny talks Cryptocurrency Markets 2nd Feb 2023 - A must listen
Today I talk about he following:
1. Federal Reserve Committee statement and Chairman Powell's conference, unanimously agreed to raise interest rates 25bps to 4.50%-4.75% range, "continue to raise interest rates" wording remains unchanged but will consider financial conditions. They will discuss a few more rate hikes before a pause, this is not the year to cut rates. Economic growth slowed significantly last year; and will continue to be moderate. Inflation can fall back to 2 % without a serious recession. Inflation has moderated but remains high https://coingape.com/just-in-us-fed-chair-jerome-powell-says-rate-hikes-to-continue
2. https://www.investing.com/news/economy/bank-of-england-raises-key-rate-by-50-bps-to-4-suggests-peak-rates-by-midyear-2993827
3. https://news.bitcoin.com/chinese-economist-urges-government-to-reconsider-crypto-ban-warns-of-missed-tech-opportunities/
4. https://coingape.com/first-govt-backed-crypto-trading-exchange/
5. https://www.newsbtc.com/news/avax-jumps-22-as-avalanche-records-another-win-for-institutional-adoption/
6. https://coingape.com/manchester-city-okx-joins-hands-for-metaverse-collectives/ and CHZ
7. https://www.thestreet.com/crypto/news/binance-unveils-prepaid-crypto-mastercard-in-brazil
8. https://thefintechtimes.com/binance-pay-ventures-into-mobile-top-ups-with-cryptocurrency/
9. https://bravenewcoin.com/insights/bnb-chain-and-fellaz-team-up-to-bring-nft-ticketing-to-ultra-music-festival
10. https://u.today/hundreds-of-millions-of-xrp-sent-from-ripple-binance-after-locking-700-back-in-escrow
11. https://ripple.com/insights/explanation-ripples-xrp-escrow/
12. https://bitcoinist.com/coinbase-relist-xrp-regulatory-clarity/
13. https://thecryptobasic.com/2023/02/02/judge-asks-sec-to-take-responsibility-for-not-providing-clarity-for-crypto/
14. https://www.cryptonewsz.com/kana-labs-is-onboarding-polygon-blockchain-ecosystem/
15. ChatGPT versus Polygon Alethea AI CharacterGPT
and more