GRAY

@graymmo

354 Following

99 Followers

GRAY pfp

Bank of Canada decides to scrap development of central bank digital currency (CBDC) for citizens after years of research

0 reply

0 recast

2 reactions

GRAY pfp

The Brazilian government lifted the ban on X (Twitter) ~2 weeks ago and X agreed to: - Suspend accounts that the Brazilian project claimed were spreading false information (X suspended 11 accounts after posting information related to Brazil, 2 of which were run by US residents) - X's lawyers announced that they will soon add a new legal representative in Brazil

0 reply

0 recast

1 reaction

GRAY pfp

In July, the SEC sent a Wells notice to Consensys for failing to register as a broker through the MetaMask Swaps service. Consensys then sued the SEC, claiming that its MetaMask Swaps and Staking services did not violate securities laws. Today, a judge in the Texas Court dismissed Consensys’ lawsuit on the grounds that the SEC has not formally sued Consensys, meaning the SEC has not said anything wrong, but Consensys has already fired back.

0 reply

0 recast

0 reaction

GRAY pfp

A heated debate between Michael Saylor and Saifedean Ammous (author of the popular book *The Bitcoin Standard*). Both love Bitcoin but have two different perspectives: realist vs. idealist. And this clip also reveals what MicroStrategy's next move could be: - Step one: Acquire BTC - Step two: ? - Step three: MicroStrategy becomes one of the most important companies in the world and Michael Saylor ranks as one of the richest billionaires.

0 reply

0 recast

2 reactions

GRAY pfp

0 reply

0 recast

2 reactions

Pichi 🟪🍖🐹🎩 🍡🌸 pfp

Pichi 🟪🍖🐹🎩 🍡🌸

All of my art is minted on Base. Base supports artists. I support Base. If you love Base too, share the love with a Base Care Bear. Let’s rebrand bear markets ;) https://2pqgx62.warpcast.tools/api/frames/thin-mole-43

52 replies

77 recasts

125 reactions

GRAY pfp

FED UPDATE Are you more concerned about inflation or unemployment right now? FED: Right now, we view both issues as being balanced. For the past 14 months, our focus has been on reducing inflation, and that has involved cooling the economy. And today, we are shifting policy to support the economy as it expands. At this point, I don’t see any data that suggests that the risks of a recession are increasing.

0 reply

0 recast

1 reaction

GRAY pfp

Vitalik Buterin has stated that he will not mention or support any “layer 2” network that has not reached “Phase 1” by the end of the year, as he feels that many layer 2 projects are decentralized in name only and are designed to siphon capital away from the Ethereum ecosystem. According to L2Beat, here is the full list of networks claiming to be layer 2 that have now reached Phase 1: - Arbitrum One - Optimism - dYdX v3 - ZKsync Lite Vitalik also mentioned that he recently sold ETH to a biodefense group that Vitalik is funding, and that the September 11th ETH sale was the last sale for that event.

0 reply

0 recast

1 reaction

GRAY pfp

Three Democratic senators, including our lovely Elizabeth Warren, have called on Fed Chairman Jerome Powell to aggressively cut interest rates by 0.75% this week to protect the US economy from recession.

0 reply

0 recast

1 reaction

GRAY pfp

0 reply

0 recast

1 reaction

GRAY pfp

FBI Now Investigating Attempted Assassination of Trump in Florida The FBI says it is investigating an attempted assassination of former President Donald Trump. Trump is safe after shots were fired at Trump International Golf Club. A man has been arrested in connection with the incident, officials said. He has been identified as Ryan Wesley Routh. President Joe Biden and Vice President Kamala Harris were both “relieved to know” that Trump is safe and have been briefed on the situation.

0 reply

0 recast

1 reaction

GRAY pfp

During her debate with Donald Trump a few days ago, Kamala Harris mentioned that Goldman Sachs supports her economic plan, but the CEO of Goldman Sachs said that his company does not support Harris or Trump's economic plan. Goldman Sachs analyzed the economic proposals from both sides and based on their model, the difference is only 2/10ths of 1%.

0 reply

0 recast

1 reaction

GRAY pfp

ARK 21Shares Bitcoin ETF is moving a portion of its BTC from Coinbase to Anchorage Digital Bank and BitGo. The ARK ETF's Bitcoin will be stored by three companies (Coinbase, Anchorage Digital Bank, and BitGo), emphasizing that "diversification will enhance the safety and security of our product."

0 reply

0 recast

1 reaction

GRAY pfp

CNBC: Bitcoin Could Hit $100K Soon Regardless of Who Wins the US Election Bitcoin has always been an investment based on the monetary policy of countries, governments, and the US… and no candidate is going to change that. Despite concerns about the Biden administration’s stance on bitcoin… bitcoin is doing well. Whether Kamala Harris will embrace crypto remains to be seen, but all signs from Harris have consistently shown a less hostile stance toward crypto than the Biden administration. Swan Bitcoin’s Lubka said: “If Trump wins in November, will there be an immediate rally? Yes, absolutely. If Harris wins, will there be immediate selling pressure? That certainly wouldn’t surprise me. But in the medium term, I don’t think that’s the mainstream.”

0 reply

0 recast

1 reaction

GRAY pfp

US bank stocks fell across the board today on worries about a recession leading to bad debt and the Fed's interest rate cuts reducing profits on loans.

0 reply

0 recast

1 reaction

GRAY pfp

Tokocrypto (a subsidiary of Binance) has received a full Crypto Asset Trader (PFAK) license in Indonesia, becoming the country's largest crypto exchange with 43% market share.

0 reply

0 recast

1 reaction

GRAY pfp

As for the week ahead, we also have a number of financial events 🇺🇸 **MONDAY, SEPTEMBER 9** - Wholesale inventories (finished products received from manufacturers or distributors that have not yet been sold to customers) - Consumer credit (a report on the availability of credit to individuals for spending) **TUESDAY, SEPTEMBER 10** - NFIB Optimism Index (The National Federation of Independent Business (NFIB) Small Business Optimism Index provides a snapshot of the health of small businesses in the United States, which account for about 50% of the private sector workforce) **WEDNESDAY, SEPTEMBER 11** - CPI data: Expected 2.6% | Last month 2.9% - Core CPI: Expected 3.2% | Last month 3.2% **THURSDAY, SEPTEMBER 12** - Initial Jobless Claims - Producer Price Index Inflation Data **FRIDAY, SEPTEMBER 13** - Consumer Sentiment (initial estimate) The financial markets have been very sensitive to economic indicators 🇺🇸 lately, so we pay more attention to information

0 reply

0 recast

1 reaction

GRAY pfp

Treasury Secretary 🇺🇸 Janet Yellen said there were no “red flags” for the financial system, and she reiterated the view that the US economy had achieved a soft landing, even as the job market weakened. 👀 … Fed Chairwoman Won’t Even Call It Soft Landing

0 reply

0 recast

1 reaction

GRAY pfp

Tỷ lệ thất nghiệp ở Canada 🇨🇦 tăng lên 6,6%, mức cao nhất kể từ năm 2017 (không tính thời đại dịch). Tỷ lệ thất nghiệp của thanh niên Canada tiếp tục tăng trong tháng 8, đạt 14,5%, mức cao nhất kể từ năm 2012 (nếu không tính thời đại dịch). Nguồn X: @ GRDecter

0 reply

0 recast

1 reaction

GRAY pfp

🚨🇦🇷MILEI SURPASSES EXPECTATIONS WITH STRONG ECONOMIC PERFORMANCE AND NATO PARTNERSHIP PURSUIT @JMilei continues to defy critics with an economy that has outperformed predictions, pursuing bold national security reforms, including aiming for a NATO global partnership. Milei's aggressive cuts in public spending, deregulation, and currency stabilization have led to fiscal surpluses and reduced inflation. Despite previous concerns about his libertarian policies, Milei’s leadership has strengthened Argentina's economic and international standing, while rejecting alliances with blocs like BRICS. His approach has garnered praise for boosting entrepreneurship and revitalizing the nation's market. Source: Fox News

0 reply

0 recast

2 reactions