Crypto News: Bitcoin, ETH Issues, Macro, WBTC FUD, Memecoins, HNT & MORE!

"if the inflation rate remains as is we will by the end of the year have you know inflated away the reduction we'd seen the cumulative reduction we'd seen since the merge"

"I do think that within six months or so if we do see um a CBBC launching it could overtake wbtc"

"it's most likely going to be sold at some point"

"all stars are aligned potentially for a Fed pivot uh in September which we all looking forward to that is what we all want isn't it fed finally to Pivot to cut interest rates"

"many commentators think that the FED is potentially a bit behind the curve here and they should drop it pretty quickly because apparently two weeks ago we had that unemployment that you know that quick spike in unemployment which led many to say hey the S rule has been triggered therefore you know we're in a recession let's adjust but um the probabilities have adjusted if you look on the chart there this is the cmme Fed watch tool so it basically calculates the probability of certain uh interest rate conditions based on Futures interest rate interest Ms and we'll see that it was 50% 50% about a week ago so even odds on that and now it's come down to 30% of a 50 basis point hike so the market thinks that the FED is more than likely to be at 70% chance of uh 25 basis point cut yeah"

"but it's definitely going to be a cut I think the Market's position for that I think he's even alluded to it yeah um so the question will then be what is how's his tone and everything at that meeting"

"so we could be a situation where you start seeing the trade being put back on so it's pushed the the boat out right but that boat's going to come back to shore sooner or later you just hope it doesn't crash into your Harbor and destroy all the boats around you because it that's what it could do"