The Fed Without Powell: Looking Back at Eight Years of Turmoil
Jerome Powell is leaving his post as the head of the Fed, leaving behind a legacy of high-stakes crisis management. His term was marked by record-breaking money printing and a brutal fight against inflation that saw rates skyrocket.
Investors will remember him as the man who fueled the greatest bull market before pulling the plug with his "higher for longer" strategy.
Powell intends to remain a Fed Governor, acting as a shield against political interference during the transition.
☝️ CRYPTO JOKER ⇥ Bybit
🤑 Current crypto news 24/7
The crypto market closed April on a high note, with Bitcoin surging nearly 12% and Ethereum up by 7.3%. April’s reputation as a "green" month held true once again.
Investors are now bracing for May, a month known for its high volatility and lack of clear historical direction, making it one of the most unpredictable times for the sector.
☝️ CRYPTO JOKER ⇥ Bybit
🤑 Current crypto news 24/7
Back to 2022: Bitcoin Could See One Last Pump Before a Drop
The current BTC chart is mirroring the 2022 bottom structure, according to Ali Charts. If the trend continues, the market is set for another upward impulse.
However, don't get too comfortable—this model suggests that after the jump, there's still one final wave of selling left to clear the path.
☝️ CRYPTO JOKER ⇥ Bybit
🤑 Current crypto news 24/7
From Merit to Scams: Musk’s Candid Take on Crypto in Court
Testifying in the OpenAI lawsuit, Elon Musk didn't hold back on his views regarding digital tokens.
He admitted that "some" have merit, but labeled most of the market as fraudulent. This surfaced during a discussion about OpenAI's past considerations to launch its own cryptocurrency.
Despite his history with Dogecoin, Musk used the trial to highlight the massive amount of speculation and fraud in the space.
☝️ CRYPTO JOKER ⇥ Bybit
🤑 Current crypto news 24/7
After voicing concerns over market manipulation, Donald Trump has signaled a more supportive tone toward prediction platforms.
Recognizing their synergy with digital assets, he stated that the United States cannot afford to abandon this direction, as it would mean yielding global leadership to other nations.