halen

@halen

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This week I nominate @halen because ...

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On December 13, a team of Citi economists led by Andrew Hollenhorst predicted that by 2025 U.S. companies will shift from less hiring to outright layoffs. This, in turn, will lead to a pullback in consumer spending and business investment. At the same time, they expect an easy labor market to reduce inflationary pressures in the service sector, and weak global conditions to dampen commodity prices. This will lead the Fed to take aggressive action - it is expected to cut interest rates by 25 basis points at each meeting until next July, bringing the federal funds rate down to between 3% and 3.25%. This is well below market expectations, which expect the fed funds rate to reach around 4% by then.

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one thing on my mind today is what the u.s. election means for X and therefore for Farcaster It’s clearly a big win for X and will bolster X as the place to be for cryptotwitter banter and conservative takes Whereas prior to the election it was less clear how Elon’s X experiment was going So what does that mean for Farcaster? imo it means Farcaster needs to lean harder and faster into programmable transactions, mini apps, and tokens. Bull market is coming which means more trading and more transactions. Farcaster can own that space. But key is tangible success stories. Apps that got tons of tx volume on farcaster. Tokens that took off on farcaster. People who made zillions on farcaster.

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Alen Makhmetov, founder of Hashlabs Mining, said that Russia will lift its ban on bitcoin mining on Nov. 1, but not without restrictions, and that it requires all bitcoin miners to register with the Russian Federation's tax registry and submit a list of machine models and wallet addresses.

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The cryptocurrency exchange (COIN.US) reported lower-than-expected third-quarter results on Wednesday. While the company said trading is likely to be more active in the fourth quarter, a drop in the price of Ether in October could offset growth in its subscription and services business in the current quarter. Coinbase's U.S. shares were down more than 4 percent after hours Wednesday at press time.

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Party Icons, the Web3 mobile gaming platform, announced that it has closed a $9 million seed round led by Bitkraft Ventures with participation from IDG Capital and Sebastien Borget, co-founder of The Sandbox.

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that checkmark warpcast used to have for nft pfp would help against bots that put up the same pfp but don’t have the nft

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I got my Moxie Pass! Mint yours to be eligible for upcoming airdrops, grants, Fan Tokens and more! cc @betashop.eth @airstack.eth

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Binance founder CZ is already the richest person to go to prison in history and has been the richest person in the cryptocurrency space multiple times. According to the latest Forbes estimates, his wealth is $61 billion, making him the 24th richest person in the world, behind Julia Koch and her family. The second richest person in the cryptocurrency space is Coinbase founder Brian Armstrong, with a fortune of $11 billion. Translated with DeepL.com (free version)

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