The Daily LEO #175 Inflation in 2023, CryptoZoo Scam and Treasury Yields Fall

over 3 years ago (Edited)

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Treasury yields fall amid global growth worries

European Central Bank President Christine Lagarde told a Croatian newspaper over the weekend that: “At the moment, ECB policy rates must be higher to curb inflation and bring it down to our target of 2%…That process is essential because it would be even worse if we allowed inflation to become entrenched in the economy.” See what the new year has in store for banks around the world

Inflation in 2023: Stick around, continue easing, or intensify?

While inflation peaked at 9.1% in June, it is still way higher than the central bank's desired 2% target. "We will stay the course until the job is done," Fed Chair Jerome Powell declared at December's policy meeting, while ECB President Christine Lagarde added that, "we're not pivoting, we're not wavering." Last month, the Fed even raised its benchmark interest rate to the highest level in 15 years, and some fear that heightened geopolitical risks or uncontrollable events could happen again, causing inflation to spring back and return to its upward ascent. See what 2023 might hold for inflation

IMF chief says 2023 will be tougher for the global economy

The head of the International Monetary Fund (IMF) has said that 2023 will a tougher year for the global economy than 2022.

"For most of the world economy, this is going to be a tough year, tougher than the year we leave behind," Georgieva said in an interview with CBS News' "Face the Nation" that aired Sunday. "Why? Because the three big economies — US, EU, China — are all slowing down simultaneously." She said: Even countries that are not in recession, it would feel like...

Crypto Veteran Erik Voorhees Makes Prediction for Next Bull Market, Highlights Major Lesson From 2022

Crypto veteran Erik Voorhees is predicting when Bitcoin (BTC) will go on its next bull run while reflecting on 2022.

In a new interview with the Bankless podcast, Voorhees says that it will not take another decade for a crypto bull market. The ShapeShift CEO says that Bitcoin could soar by nearly...

Bernstein Says Crypto Exchange Binance Not Likely to Fail

Binance is solvent, liquid and stable, which is evident in the exchange’s more than $55 billion in verifiable cold wallet addresses, Bernstein said in a research report Monday.
The crypto exchange can also “pass the test of withdrawals” as it did when $6 billion of customer funds were withdrawn on Dec. 13, the report said.

“Binance’s undisputed market leadership has not been an accident – it has a long history of doing right by the customer,” the report added, noting that the exchange has made customers whole through hacks and regulatory challenges. The exchange now accounts for about 75% of the global crypto trading market. Bernstein says Binance faces two challenges...

Logan Paul to respond CryptoZoo scam allegations made by Coffeezilla

YouTuber turned crypto developer Logan Paul said he intends to respond to Coffeezilla on Jan. 2 over allegations the CryptoZoo project is a scam.

Paul included a screengrab of a message sent to Coffeezilla, aka Stephen Findeisen, inviting him onto the Impaulsive YouTube channel to discuss the matter. However, according to Paul, Findeisen did not email him back to accept the invite. “I sent this message to CoffeeZilla 5 days ago. I haven’t...

The Future of CUB
We've been working hard behind the scenese to build a sustainable, reliable and growing yield platform. Through many iterations, we've finally found a model that seems to have the potential to create lasting and growing yields.

The whole model centers around various technologies that we've built in iterations since the inception of CUB and PolyCUB.

This is the Multi-Token Bridge.

The MTB released bHIVE & bHBD in August 2022. Since then...

Bernstein Says Crypto Exchange Binance Not Likely to Fail

This has been a new narrative amongst the crypto space. Now that SBF and FTX have blown up along with dozens of other crypto companies, firms and individuals - people are turning to one of the biggest Bitcoin evangelists and BTC holders: Michael Saylor.

There is a lot of speculation out there about what his Bitcoin loan liquidation price is. For those who don't know, this is the price that BTC would need to hit for his loan collateral to be liquidated at market prices to cover the margin loans he's taken out to buy more Bitcoin. ome are speculating this could be as high as...

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