Veteran trader Peter Brandt predicts Bitcoin won’t tap $200,000 until 2029, Scott Bessent seen at Bitcoin bar: Hodler’s Digest The Bitcoin community lit up on Thursday after US Treasury Secretary Scott Bessent made an unannounced appearance at the launch of Washingtons new Bitcoin-themed bar, Pubkey.Having the Secretary of the Treasury at the Pubkey DC launch seems like a moment I could easily look back on and say wow, it was all so obvious, Bitcoin treasury company Strives chief investment officer Ben Werkman said in an X post on Thursday.Steven Lubka, Nakamotos vice president of investor relations, called it the sign you have been waiting for.Read more Veteran trader Peter Brandt predicts Bitcoin won’t tap $200,000 until 2029, Scott Bessent seen at Bitcoin bar: Hodler’s Digest The Bitcoin community lit up on Thursday after US Treasury Secretary Scott Bessent made an unannounced appearance at the launch of Washingtons new Bitcoin-themed bar, Pubkey.Having the Secretary of the Treasury at the Pubkey DC launch seems like a moment I could easily look back on and say wow, it was all so obvious, Bitcoin treasury company Strives chief investment officer Ben Werkman said in an X post on Thursday.Steven Lubka, Nakamotos vice president of investor relations, called it the sign you have been waiting for.Read more

                                                                               Powell said the Federal Open Market Committee is weighing interest rates on a meeting-by-meeting basis, with no long-term consensus.                     US Federal Reserve Chair Jerome Powell said the 19 members of the Federal Open Market Committee (FOMC) remain divided on additional interest rate cuts in 2025.At Wednesday’s press conference after the Fed’s 25-basis-point rate cut, Powell said the central bank is trying to balance its dual mandate of maximum employment and price stability in an unusual environment where the labor market is weakening even as inflation remains elevated. Powell said:Powell said that the “median” FOMC projection from the Federal Reserve’s Summary of Economic Projections (SEP), the Fed’s quarterly outlook for the US economy that informs interest rate decisions, projected interest rates at 3.6% at the end of 2025, 3.4% by the end of 2026, and 3.1% at the end of 2027.Read more