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Over the next two days the fed is going to come out and say if they are going to cut interest rates or not. This has been on the mind of many and some speculate that the lower markets are the result of such speculation and unknown about if the fed will cut rates.
Well I can't start this post out without talking about HiveFest. While I wasn't there myself I've picked up some short videos and pictures from the event from others sharing. It seems like it was a pretty decent turn out of around 100 people from what I could figure out and I'm honestly curious where most of hive users are from but that's kind of the beauty about decentralization is you shouldn't know! lol
Todays article is a bit more on the relaxing side of things being that it's a beautiful Saturday out there. Today I want to just go over some headlines and just how wild the crypto world still is in terms of things that go one from the good to the bad these are things that caught my eye.
A lot of people say they wish they could go back in time and mine the heck out of bitcoin or Ethereum and say they wish they could have been early adopters. Are those days over?Or are there things happening right now that could still be early?
I think it's important to look at other blockchains, what they are doing and how it's all going to see how that applies to other systems and learn from it.Right now Ethereum continues it's downward trend. Even after being listed as a spot ETF the token has just been really under performing price wise as of late.
Every month everyone seems to be focused on a CPI (Consumer Price Index) and while this does tell us a bit about the economy it's a very pinpoint finite look into the massive beast of the economy which has now spread to the likes of crypto as well.