🔥 Trump is interviewing candidates for the Federal Reserve this week. 👋 Trump is expected to interview several final candidates for the Federal Reserve this week. The most prominent candidates are Kahn and Warsh; however, Kahn currently has the better chance. Trump has hinted at who he might choose, but a formal decision will likely be announced in January. 👀 It is said that the election of a new Federal Reserve chairman could have a significant impact on financial and crypto markets. Kahn is said that if he is elected, his decisions will not be political, and even if Trump requests it, he will not lower interest rates without justification.
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🔥 How will Bitcoin end the year? 🟠Bitcoin has experienced severe fluctuations this year. After reaching a high of $126,000, it has faced consecutive drops. ☄️The stock market has also been turbulent this year, and this has led to Bitcoin's movements becoming more similar to stocks than ever before. Bitcoin's correlation with the S&P 500 index has reached its highest level in recent years, and many analysts say that institutional investors now view Bitcoin as a risky asset similar to technology stocks. 📌In addition to these factors, concerns about the fall of artificial intelligence stocks, trade tariffs, and the anticipation of the Federal Reserve's interest rate decision have put more pressure on the market. Some traders predict that Bitcoin could end the year below $80,000, although this possibility has become less likely in recent weeks. Analysts say that the short-term price is more dependent on the Federal Reserve's decision and the situation of technology stocks.
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🔥 Tether invests in artificial intelligence company 💵 Tether has invested $81.6 million in the Italian company Generative Bionics, which specializes in the development of humanoid robots and industrial artificial intelligence. This move is part of Tether's larger strategy to enter the fields of artificial intelligence and physical technologies more seriously. It is reported that this Italian company will showcase its first humanoid robot at the CES Las Vegas exhibition next month. 📌 In addition to its core business of USDT issuance, Tether is also using its financial reserves to enter new fields such as commodities, artificial intelligence, and medical technologies. ⚡️ The company also intends to play a more active role in financing essential commodity transactions and leverage USDT for lending in sectors such as oil, corn, and wheat. 👀 These moves indicate that Tether is striving to transform itself into a major player in the digital economy and emerging technologies.
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