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#European Central Bank #ECB staff now see #inflation averaging:
5.3% in 2023
2.9% in 2024
2.1% in 2025
#BuyBitcoinLeb #Lebanon
5.3% in 2023
2.9% in 2024
2.1% in 2025
#BuyBitcoinLeb #Lebanon
#ECB President Christine #Lagarde introduces the economic growth outlook for the euro area..
#BuyBitcoinLeb #Lebanon #Bitcoin
#BuyBitcoinLeb #Lebanon #Bitcoin
âStudy Bitcoinâ Message Appears On European Central Bank Building
In a surprising turn of events, Bitcoin images and the words âStudy Bitcoinâ appeared on the European Central Bank building in Frankfurt, Germany on March 30th. Bitcoin Magazine tweeted about the incident, causing a stir in the cryptocurrency community.
The European Central Bank (ECB) is the central bank of European countries that use the euro as their official currency. The ECB has been a vocal critic of Bitcoin and other cryptocurrencies, with ECB President Christine Lagarde warning in a recent speech that central banks could lose control if they do not adopt a central bank-issued digital currency (CBDC). The ECB has also referred to Bitcoin as a risky asset and recommended that banks limit their holdings.
@azcoinnews
The appearance of Bitcoin images on the ECB building has been seen as a media façade, criticizing the ECBâs negative stance towards Bitcoin. It is worth noting that Germany, where the ECB is located, is a Bitcoin-friendly country. Many banks in Germany support Bitcoin holdings and customers can buy and sell the cryptocurrency.
The incident highlights the growing interest in Bitcoin and cryptocurrencies, despite the skepticism of some traditional financial institutions. While central banks like the ECB may see cryptocurrencies as a threat to their control, many individuals and businesses see them as a viable alternative to traditional forms of currency and payment.
The appearance of Bitcoin images on the ECB building is a reminder that cryptocurrencies are here to stay, and it will be interesting to see how governments and financial institutions adapt to this new technology in the coming years. As the popularity of cryptocurrencies continues to grow, it is clear that the debate over their role in the global financial system is far from over.
#ECB #Bitcoin #BTC #studybitcoin #azcoinnews
This article was republished from azcoinnews.com
The European Central Bank (ECB) is the central bank of European countries that use the euro as their official currency. The ECB has been a vocal critic of Bitcoin and other cryptocurrencies, with ECB President Christine Lagarde warning in a recent speech that central banks could lose control if they do not adopt a central bank-issued digital currency (CBDC). The ECB has also referred to Bitcoin as a risky asset and recommended that banks limit their holdings.
@azcoinnews
The appearance of Bitcoin images on the ECB building has been seen as a media façade, criticizing the ECBâs negative stance towards Bitcoin. It is worth noting that Germany, where the ECB is located, is a Bitcoin-friendly country. Many banks in Germany support Bitcoin holdings and customers can buy and sell the cryptocurrency.
The incident highlights the growing interest in Bitcoin and cryptocurrencies, despite the skepticism of some traditional financial institutions. While central banks like the ECB may see cryptocurrencies as a threat to their control, many individuals and businesses see them as a viable alternative to traditional forms of currency and payment.
The appearance of Bitcoin images on the ECB building is a reminder that cryptocurrencies are here to stay, and it will be interesting to see how governments and financial institutions adapt to this new technology in the coming years. As the popularity of cryptocurrencies continues to grow, it is clear that the debate over their role in the global financial system is far from over.
#ECB #Bitcoin #BTC #studybitcoin #azcoinnews
This article was republished from azcoinnews.com
đš â ïž #ECB Maintains Policy Rate at 4.25%
The European Central Bank has decided to keep its policy rate unchanged at 4.25%. This decision reflects the bank's current stance on monetary policy amidst the prevailing economic conditions.
By maintaining the rate, the ECB aims to balance economic growth and inflation, ensuring stability within the Eurozone. This steady approach is seen as crucial in navigating the current economic landscape.
The ECB's decision highlights its commitment to a measured and cautious monetary policy strategy, focusing on long
#Write2Earn! #BinanceTournament #BinanceTurns7 #BullBanter
The European Central Bank has decided to keep its policy rate unchanged at 4.25%. This decision reflects the bank's current stance on monetary policy amidst the prevailing economic conditions.
By maintaining the rate, the ECB aims to balance economic growth and inflation, ensuring stability within the Eurozone. This steady approach is seen as crucial in navigating the current economic landscape.
The ECB's decision highlights its commitment to a measured and cautious monetary policy strategy, focusing on long
#Write2Earn! #BinanceTournament #BinanceTurns7 #BullBanter
đŠ ECB's Andrea Enria: Regulating cryptocurrency companies to play a banking role will be challenging, especially with many lacking headquarters, but necessary if they aspire to bank-like roles. #ECB #CryptocurrencyRegulation đŒđïžđ±
**EU Grants ECB Authority to Regulate Cryptocurrency Service Providers** đȘđșđŒ: EU lawmakers have made regulatory updates, granting the European Central Bank (ECB) expanded authority in regulating cryptocurrency service providers affiliated with banks. This development reflects the growing importance of cryptocurrency regulation within the European Union. In addition to this, the ECB is tasked with monitoring lenders' plans to achieve a net-zero economy over the next 30 years, aligning with sustainability goals. Regulatory oversight in the crypto space continues to evolve. đŠđ #Cryptoregulations #Europe #ECB
#ECB : "Euro area banking sector is resilient, with strong capital & liquidity positions.
In any case, ECBâs policy toolkit is fully equipped to provide liquidity support to the euro area financial system if needed & to preserve the smooth transmission of monetary policy."
In any case, ECBâs policy toolkit is fully equipped to provide liquidity support to the euro area financial system if needed & to preserve the smooth transmission of monetary policy."
German 2-year bond yields have fallen below the ECB deposit rate, indicating a potential delay or pause in the central bank's plan for interest rate increases.
#ECB #interestrates #bondyields #Binance
#ECB #interestrates #bondyields #Binance
đđđ #ECB Cuts Rates, #CryptoMarkets Brace for Potential #bitcoin Surge
This decision comes amidst projections of inflation at 2.5% in 2024, gradually decreasing to 1.9% by 2026. Additionally, GDP growth forecasts predict a rise of 0.9% in 2024 and 1.6% in 2026. The anticipated move, marking the first cut since September 2019 when the deposit facility entered negative territory, was expected by money markets.
The unanimous decision to cut rates was supported by all 20 national representatives, with ECB President Christine Lagarde highlighting the significance of this move. Recently, a major central bank initiated a rate cut this year, sparking speculation that the ECB might follow suit.
Amid these macroeconomic conditions in the European Union, analysts at QCP Capital suggest that todayâs U.S. jobless claims report and the upcoming CPI release could potentially drive Bitcoin to new all-time highs.
QCP Capital also asserts that market momentum might intensify if potential rate cuts are taken into account. This sentiment aligns with recent actions by central banks worldwide, reflecting a collective effort to navigate economic uncertainties. Notably, the ECB is expected to implement a similar quarter-point rate cut soon.
Source - thecryptobasic.com
#CryptoNewsđđ°đ« #BinanceSquareTalks
This decision comes amidst projections of inflation at 2.5% in 2024, gradually decreasing to 1.9% by 2026. Additionally, GDP growth forecasts predict a rise of 0.9% in 2024 and 1.6% in 2026. The anticipated move, marking the first cut since September 2019 when the deposit facility entered negative territory, was expected by money markets.
The unanimous decision to cut rates was supported by all 20 national representatives, with ECB President Christine Lagarde highlighting the significance of this move. Recently, a major central bank initiated a rate cut this year, sparking speculation that the ECB might follow suit.
Amid these macroeconomic conditions in the European Union, analysts at QCP Capital suggest that todayâs U.S. jobless claims report and the upcoming CPI release could potentially drive Bitcoin to new all-time highs.
QCP Capital also asserts that market momentum might intensify if potential rate cuts are taken into account. This sentiment aligns with recent actions by central banks worldwide, reflecting a collective effort to navigate economic uncertainties. Notably, the ECB is expected to implement a similar quarter-point rate cut soon.
Source - thecryptobasic.com
#CryptoNewsđđ°đ« #BinanceSquareTalks
ECB chief Lagarde admits her son lost crypto cash
No one is a prophet in their own land, including European Central Bank President Christine Lagarde, who admitted on Friday that her son lost "almost all" of his investments in crypto assets, despite copious warnings.
Lagarde has long railed against cryptocurrencies, calling them speculative, worthless and a tool often used by criminals for illicit activity.
"He ignored me royally, which is his privilege," Lagarde told a town hall with students in Frankfurt. "And he lost almost all the money that he had invested."
"It wasn't a lot but he lost it all, he lost about 60% of it," Lagarde added. "So when I then had another talk with him about it, he reluctantly accepted that I was right."
The ECB chief has two sons in their mid-30s but did not say which one she was referring to.
The ECB has called for global regulation of crypto assets both to protect consumers who are unaware of the risk and to close a loophole that can be used to channel funding to terrorists or lets criminals launder cash.
#ECB $XRP $SOL $SHIB
No one is a prophet in their own land, including European Central Bank President Christine Lagarde, who admitted on Friday that her son lost "almost all" of his investments in crypto assets, despite copious warnings.
Lagarde has long railed against cryptocurrencies, calling them speculative, worthless and a tool often used by criminals for illicit activity.
"He ignored me royally, which is his privilege," Lagarde told a town hall with students in Frankfurt. "And he lost almost all the money that he had invested."
"It wasn't a lot but he lost it all, he lost about 60% of it," Lagarde added. "So when I then had another talk with him about it, he reluctantly accepted that I was right."
The ECB chief has two sons in their mid-30s but did not say which one she was referring to.
The ECB has called for global regulation of crypto assets both to protect consumers who are unaware of the risk and to close a loophole that can be used to channel funding to terrorists or lets criminals launder cash.
#ECB $XRP $SOL $SHIB
September - Are You Ready?
đ¶ 1st: #Russia begins crypto cross-border transactions
đ¶ 4th: Bank of Canada (BOC) rate decision
đ¶ 5th: Fed Beige Book released
đ¶ 6th: US Jobs Report & Non-farm Payrolls
đ¶ 8th: Japanese GDP
đ¶ 10th: House Financial Services Committee hearing on #DeFi
đ¶ 11th: US #CPI m/m & y/y, US Presidential Debate
đ¶ 12th: #ECB rate decision
đ¶ 17th: Full Moon & Eclipse
đ¶ 18th: Possible #Trump sentencing, US Federal Funds Rate decision
đ¶ 20th: #Solana Breakpoint, Quadruple Witching Date
đ¶ 23rd: Gary Gensler testimony
đ¶ 29th: @cz_binance released from jail
đ¶ 1st: #Russia begins crypto cross-border transactions
đ¶ 4th: Bank of Canada (BOC) rate decision
đ¶ 5th: Fed Beige Book released
đ¶ 6th: US Jobs Report & Non-farm Payrolls
đ¶ 8th: Japanese GDP
đ¶ 10th: House Financial Services Committee hearing on #DeFi
đ¶ 11th: US #CPI m/m & y/y, US Presidential Debate
đ¶ 12th: #ECB rate decision
đ¶ 17th: Full Moon & Eclipse
đ¶ 18th: Possible #Trump sentencing, US Federal Funds Rate decision
đ¶ 20th: #Solana Breakpoint, Quadruple Witching Date
đ¶ 23rd: Gary Gensler testimony
đ¶ 29th: @cz_binance released from jail
đš ECB Official Hints October Rate Cut Unlikely! đš
According to recent reports, Robert Holzmann, a member of the ECB Governing Council, has hinted that October might not be the right moment for another interest rate cut. He pointed out that a rate around 2.5% could be close to the neutral level, suggesting no immediate changes on the horizon. đ
As the global financial markets react to every move from the European Central Bank, this news might keep interest rate cuts on hold for the time being.
Stay tuned as we monitor the impact on the broader financial landscape! đŒ
#ECB #InterestRates #FinancialNews #Binance #LowestCPI2021
According to recent reports, Robert Holzmann, a member of the ECB Governing Council, has hinted that October might not be the right moment for another interest rate cut. He pointed out that a rate around 2.5% could be close to the neutral level, suggesting no immediate changes on the horizon. đ
As the global financial markets react to every move from the European Central Bank, this news might keep interest rate cuts on hold for the time being.
Stay tuned as we monitor the impact on the broader financial landscape! đŒ
#ECB #InterestRates #FinancialNews #Binance #LowestCPI2021
Binance, the crypto giant, is cleaning house! Several trading pairs are being delisted on July 6th, 2024 due to low liquidity and trading volume. This means saying goodbye to ECB/BTC, IOST/BTC, and LINA/BTC. Binance assures users they'll still have access to these assets through different pairings. However, don't forget to adjust any trading bots using these soon-to-be-delisted pairs to avoid issues. This move highlights the ever-changing crypto market, where some coins flourish while others fade. For users, it's a reminder to stay updated on exchange listings to manage their crypto holdings effectively.
#BinanceTurns7 #BTC #IOSTBTC #LINA #ECB
#BinanceTurns7 #BTC #IOSTBTC #LINA #ECB
