Get Smarter About Crypto

₿itcoin reached $43,030.

♢Ethereum reached $2,310.

What we will talk about today...

🤑🚀BlackRock’s iShares ETF Wins, Making $50,000 Price Talk.

📉🤔 Peter Schiff Shows the Fed’s Moves with Rates: March Cut Coming?

🔍🕰️ US Lawmakers Ask for More Time on Digital Asset Rule

Bitcoin Fight: BlackRock’s iShares ETF Wins, Making $50,000 Price Talk

The crypto world is exciting, where a new winner has come out. BlackRock’s iShares Bitcoin Trust (IBIT) has beaten Grayscale’s Bitcoin Trust (GBTC) in daily trading amount, showing a big change in the ETF world and making people talk of a $50,000 Bitcoin price jump.

📈 Big Fight: IBIT vs. GBTC

When the fight is over, data from Bloomberg Intelligence shows a big $40 million win for IBIT over GBTC in daily trading amount, a number win that shows a deeper change in investor plans. This is not just a number fight; it’s a story of changing likes in the crypto ETF world.

🔄 Changing ETF Trading

IBIT took the spotlight with a big $219.3 million in trading amount, leaving GBTC behind at $181.7 million. But, the fight is big, with Fidelity Wise Origin Bitcoin Fund (FBTC) and ARK 21Shares Bitcoin ETF (ARKB) also doing well, with amounts of $129.3 million and $48.7 million.

Even small ones like Bitwise Bitcoin ETF (BITB) and Invesco Galaxy Bitcoin ETF (BTCO) did smart moves, adding $18.9 million and $9.9 million to the story. These different numbers are the parts that make the bigger picture of investor feelings in the crypto ETF world.

💼 Grayscale’s Move and the Future

A part of this story is Grayscale’s less outflows. Even though it had less Bitcoin by 5,086 BTC, worth about $218 million, eight ETFs, including Fidelity, added 8,907 BTC worth about $382 million. This game of moving shows a growing market and a change of investment plans in the ETF area.

In the end, the rise of BlackRock’s iShares Bitcoin Trust shows a big moment in the crypto investment world. As different ETFs fight for the top, the changing moves give a look into the future of crypto investments, making fans excited. 🌐✨

Subscribe & Join Us as we uncover the fascinating crypto mysteries.

Peter Schiff Shows the Fed’s Moves with Rates: March Cut Coming?

Join economist Peter Schiff as he explains the hidden moves of the Federal Reserve and the chance of a March interest rate cut. The story goes on as Federal Reserve Chairman Jerome Powell, in a surprising change, seems to take the March rate cut away. But wait, Schiff thinks this might be a smart trick, making the Fed more likely to give that rate cut in March.

🔍 Behind the Scene: Powell’s Trick

Powell’s news not only made the stock market move but, according to Schiff, might have made a plan for a surprising next move. By taking away the March rate cut, Powell could be pushed to come back and help the stock market again. The plot gets thicker as money people move on the thin line of doubt.

💬 Powell’s Choice: Hope or Lie?

In a story of different views, Powell says slower rent rises are a sign of hope for inflation. But, Schiff shows a mistake in Powell’s words, showing the miss of faster real rent rises. The drama goes on as Powell, even though inflation was above 2% for years, says he will not let any fall below the 2% mark, making the people question the Fed’s inflation average plan.

📉 Fed’s Stop: No More Hikes, But What Comes Next?

As the Fed officially says no more rate hikes, Schiff asks about the coming dark times of recession and a possible big inflation problem. The news makes a think of how long it will take for the money people to see how bad the coming recession and the growing inflation problem are.

💼 Fed’s Real Job: Inflation Maker or Fighter?

In the end, Schiff shows the real moves of the Fed. Not like most people think, the Fed’s job, according to Schiff, is not just to control inflation but to make it. A music of no, lies, and blaming goes on as the Fed moves between making inflation to keep government spending and helping the financial markets.

The light is on, and the Fed’s show makes questions about its real reasons. Will March see the rate cut, or is this just another move in the hidden play of money policy? Stay tuned for the next part in the Federal Reserve’s exciting story. 🎭📈

US Lawmakers Ask for More Time on Digital Asset Rule: Wanting a Better Look

In the center of Capitol Hill, a big talk is happening as important people of the U.S. House Financial Services Committee asked for more time to look at the Consumer Financial Protection Bureau’s (CFPB) new rule on digital consumer payment apps. Chairman Patrick McHenry, Subcommittee Chairman French Hill, and Representative Mike Flood are leading the ask, saying worries about the possible effects this rule could have on the digital asset world.

🕰️ Time Out, Please: Lawmakers Want Longer Debate

The ask for a longer public comment time is not just a paper thing; it’s a strong ask for a better look at the rule’s effect on the digital asset world. In a letter to CFPB Director Rohit Chopra, dated Jan. 30, these powerful lawmakers made their case. They say that the new rule, called “Defining Larger Participants of a Market for General-Use Digital Consumer Payment Applications,” does not have the needed reason, leaving an unclear path of possible results for both competition and consumer goods.

🤔 Key Worries Shown: What’s on the Lawmakers’ Minds?

The lawmakers’ worries are about important points. First, they say the rule’s big growth of the Bureau’s rule power into the payments world without a clear reason or a full look at its effect. Second, the unclearness around the cover of third-party service providers creates red flags, making a part of the rule doubt. Last, the new rule of digital assets under the Dodd-Frank Act’s meaning of “funds” is seen as a risky move, making doubts over digital asset deals.

🔍 A Ask for Knowing: Why the Ask for More Time?

With these worries shown, the lawmakers ask for a 60-day more time of comment time. This extra time, they say, would let more people share their thoughts, making the way for a more full knowing before any big steps are taken.

🌐 Going Through the Digital World: The Importance of Peer-to-Peer Deals

The lawmakers show the important role of peer-to-peer deals in the digital asset system, showing the importance of “self-hosted wallets.” They warn against a wide brush in the rule’s meaning, which could make rule risks to digital asset wallet providers, especially those without always consumer links.

The stage is ready, the talks are given, and the ask for a longer debate is heard in the respected halls of money rule making. As the digital asset world sees, the result of this ask could shape the rule world for months to come. 🏛️💻

CAN YOU PREDICT THE PRICE?

HOW DID WE DO? 🤷

Stay tuned for more twists and turns in the crypto world & Happy Investing🚀💎