Bluefin gave away a good drop, anyone who traded on their platform can check it out right now! š https://t.co/CUu07STeR1
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In addition to El Salvador, Bhutan is buying BTC. The Bitcoin balance of the Kingdom of Bhutan has exceeded 13,000 BTC ($756 million). The country has followed the path of El Salvador and is actively buying the coin. At the moment, these two countries are among the few that officially support BTC and buy it. Among companies, buying BTC is also becoming an increasingly popular solution. Metaplanet presented a chart of the change in the number of bitcoins they have in relation to each share (in satoshi). According to CEO Simon Gerovich, their goal is to continue to increase the "BTC per share" indicator for the long-term shareholder value of Metaplanet.
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Jerome Powell's key takeaways from the FOMC press conference: - The economy is generally strong; - Our decision today reflects our confidence that labor market stability can be maintained; - Inflation has come down significantly, but is still above our target; - The labor market has cooled and is no longer looking as tight; - We can adjust monetary policy if necessary; - If the economy remains stable, we can slow the pace of cuts. We can also respond if labor market conditions worsen; - There is nothing in our forecasts that suggests we are in a hurry. I do not think we are behind schedule; - We concluded that the 50bp cut was the right call. We will base future decisions on the next meeting; - I am very pleased that we cut the rate by 50bp; - The labor market is strong, and we want to keep it that way. Same with the economy
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