Fed’s Waller Claims Crypto Hype is Fading Amid TradFi Integration; Investors ...
What to Know: Fed Governor Waller claims the hype phase of crypto is ending, paving the way for serious integration with traditional financial systems and payment rails. The transition to institutional adoption requires solving the ‘harvest now, decrypt later’ threat posed by future quantum computing capabilities. BMIC is capitalizing on this shift by providing a quantum-secure wallet and finance stack, attracting over $445K in early presale capital. The market is rotating away from speculative assets toward infrastructure plays that offer long-term security and AI-enhanced....
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Federal Reserve governor Christopher Waller has detailed he is ready to get behind 50 bps rate hikes until the extreme inflationary pressures plaguing the U.S. economy subsides. Waller stressed that until inflation is reduced he doesn’t “see the point of stopping” 50 bps rate hikes. Furthermore, statistics from the U.S. Bureau of Economic Analysis show that American savings have plummeted to levels not seen since the ‘Great Recession’ in 2008.
Christopher Waller Advocates for 50 Bps Rate Hikes at Every Fed Meeting Until Inflation Is Under Control....
We may see another interest rate cut this year, says Fed Governor Christopher Waller. The Fed made three rate cuts in 2024, the first being an aggressive 50 bp (basis point) cut in September, a 25 bp cut in November, and another 25 bp cut in December. However, Waller admits these cuts didn’t have the […]
Experienced investors know how to survive, Christopher Waller reasons, but there can be wide repercussions when small investors are hit with losses. Regulation is needed to open the crypto ecosystem to a larger public, United States Federal Reserve Board Governor Christopher Waller told an audience at the SNB-CIF Conference on Cryptoassets and Financial Innovation in Zurich, Switzerland. Financial intermediaries can help manage risk for new crypto users, but cannot eliminate it, Waller said, and new and fast-growing financial products need public confidence to survive.The banking official....
Data shows the NFT weekly market volume has now plunged down to the lowest value since July of 2021. Is the non-fungible token hype fading? NFT Weekly Trading Volume Sinks To Lows Not Seen Since July Of Last Year As Bitcoin and the wider crypto market has continued to bleed recently, the non-fungible token sector […]
Why all the hype behind yield farming and food-inspired tokens? Should investors take them seriously or are they a fading trend?