White House Economic Chief Declares Federal Reserve Has Plenty Of Room For Rate Cuts

The post House Judiciary Rejects Vote To Subpoena Banks CEOs For Epstein Case appeared on BitcoinEthereumNews.com. Topline House Judiciary Committee Republicans blocked a Democrat effort Wednesday to subpoena a group of major banks as part of a renewed investigation into late sex offender Jeffrey Epstein’s financial ties. Congressman Jim Jordan, R-OH, is the chairman of the committee. (Photo by Nathan Posner/Anadolu via Getty Images) Anadolu via Getty Images Key Facts A near party-line vote squashed the effort to vote on a subpoena, with Rep. Thomas Massie, R-Ky., who is leading a separate effort to force the Justice Department to release more Epstein case materials, voting alongside Democrats. The vote, if successful, would have resulted in the issuing of subpoenas to JPMorgan Chase CEO Jamie Dimon, Bank of America CEO Brian Moynihan, Deutsche Bank CEO Christian Sewing and Bank of New York Mellon CEO Robin Vince. The subpoenas would have specifically looked into multiple reports that claimed the four banks flagged $1.5 billion in suspicious transactions linked to Epstein. The failed effort from Democrats followed an FBI oversight hearing in which agency director Kash Patel misleadingly claimed the FBI cannot release many of the files it has on Epstein. Get Forbes Breaking News Text Alerts: We’re launching text message alerts so you’ll always know the biggest stories shaping the day’s headlines. Text “Alerts” to (201) 335-0739 or sign up here. Crucial Quote Dimon, who attended a lunch with Senate Republicans before the vote, according to Politico, told reporters, “We regret any association with that man at all. And, of course, if it’s a legal requirement, we would conform to it. We have no issue with that.” Chief Critic “Republicans had the chance to subpoena the CEOs of JPMorgan, Bank of America, Deutsche Bank, and Bank of New York Mellon to expose Epstein’s money trail,” the House Judiciary Democrats said in a tweet. “Instead, they tried to bury…

Dogecoin enters the spotlight again as the market searches for fresh momentum and new opportunities that can outperform legacy tokens. […] The post Top 6 Crypto Coins: Why Analysts Call BullZilla the Best Crypto to Buy Right Now? appeared first on Coindoo.

The post Standard Chartered: Bitcoin Halving Cycles Are Over appeared on BitcoinEthereumNews.com. Banking giant Standard Chartered believes that Bitcoin’s four-year cycles are already over.  Historically, Bitcoin price movements have been strongly tied to “halving” events (when the block reward for mining Bitcoin is cut in half, roughly every 4 years). Typically, prices would peak about 18 months after a halving. However, Standard Chartered argues that this old logic no longer reliably predicts price cycles following the introduction of Bitcoin ETFs in the U.S.  The rationale is that ETFs make Bitcoin more accessible to mainstream investors. For this new dynamic to be proven, BTC would need to break its current all-time high of $126,000. They expect this breakout could happen in the first half of 2026.  Standard Chartered has also lowered its BTC price predictions for the following years (from $200,000 to $100,000 in 2025, from $300,000 to $200,000 in 2026, from $400,000 to $225,000 in 2027, and from $500,000 to $300,000).  You Might Also Like Bitcoin is currently changing hands at $90,397, according to CoinGecko data.  On the same page  Apart from Standard Chartered, there are quite a few analysts and market watchers who argue that the traditional Bitcoin halving cycle is no longer relevant.  In a recent research note, Bernstein analysts assert that the traditional four‑year halving cycle is effectively over due to Bitcoin ETFs dominating the scene. CryptoQuant CEO Ki Young Ju also claims that the flagship cryptocurrency no longer follows four-year cycles, citing institutional buying power.  That said, it remains to be seen whether BTC will be able to reclaim its current all-time high next year.  Source: https://u.today/standard-chartered-bitcoin-halving-cycles-are-over