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2024-03-14

What most ppl dont know and ask is, if 21M bitcoin is minted, who will cont to mine to keep the ledger?

Bitcoin Halving: When Will It Happen and What Does It Mean for the Price?

2023-09-11

Its not Musk's fault. Its just not relevant nowadays

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2023-05-09

This person deserves to be put in jail for lying and mismanaging the economy.

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Go to Tiger App to see more news

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As bitcoin's price reaches new heights, attention is turning to its upcoming \"halving\" and whether it is playing a role in its ascent.Depending on where you sit, the halving is a vital event that will burnish bitcoin's value as an increasingly scarce commodity, or nothing more than a technical change talked up by speculators to inflate its price.But what exactly is it, and does it really matter?Blockchain technology involves creating records of information - called 'blocks' -","content":"<html><head></head><body><p>LONDON, March 13 (Reuters) - As bitcoin's price reaches new heights, attention is turning to its upcoming \"halving\" and whether it is playing a role in its ascent.</p><p>Depending on where you sit, the halving is a vital event that will burnish bitcoin's value as an increasingly scarce commodity, or nothing more than a technical change talked up by speculators to inflate its price.</p><p>But what exactly is it, and does it really matter?</p><h2 id=\"id_701305513\" style=\"text-align: start;\">WHAT IS IT?</h2><p>The halving is a change in bitcoin's underlying blockchain technology, designed to reduce the rate at which new bitcoins are created.</p><p>Bitcoin was designed from its inception by its pseudonymous creator Satoshi Nakamoto to have a capped supply of 21 million tokens.</p><p>Nakamoto wrote the halving into bitcoin's code and it works by reducing the rate at which new bitcoin are released into circulation.</p><p>So far, about 19 million tokens have been released.</p><h2 id=\"id_1544919212\" style=\"text-align: start;\">HOW DOES IT HAPPEN?</h2><p>Blockchain technology involves creating records of information - called 'blocks' - which are added to the chain in a process called 'mining'.</p><p>Miners use computing power to solve complex mathematical puzzles to build the blockchain and earn rewards in the form of new bitcoin.</p><p>At the halving, the amount of bitcoin available as rewards for miners is cut in half. This makes mining less profitable and slows the production of new bitcoins.</p><p>WHEN WILL IT HAPPEN?</p><p>There is no set date, but it is expected to take place in late April.</p><p>The blockchain is designed so that a halving occurs every time 210,000 blocks are added to the chain. This means it happens roughly every four years.</p><h2 id=\"id_2428863025\" style=\"text-align: start;\">WHAT'S IT GOT TO DO WITH BITCOIN'S PRICE?</h2><p>Some bitcoin enthusiasts say that bitcoin's scarcity gives it value.</p><p>The lower the supply of a commodity, then all other things being equal the price should rise when people try and buy more.</p><p>So reducing supply of bitcoin should lift the price, some analysts and traders say.</p><p>Others dispute the logic, noting that any impact would have already been factored in to the current price.</p><p>The supply of bitcoin to the market is also largely down to crypto miners but the sector is opaque, with data on inventories and supplies scarce.</p><p>If miners sell their reserves, that could put downward pressure on prices.</p><p>Knowing what is behind a crypto rally is hard, not least as there is far less transparency about who is buying and why relative to other markets.</p><p>The most common reason given for this year's surge is the U.S. Securities and Exchange Commission's January approval of bitcoin ETFs, as well as expectations that central banks will cut interest rates.</p><p>But in the speculative world of crypto trading, explanations given by analysts for changes in bitcoin's price can snowball into market narratives that can become self-fulfilling.</p><h2 id=\"id_2480998271\" style=\"text-align: start;\">WHAT ABOUT PREVIOUS HALVINGS?</h2><p>There's no evidence to suggest that previous halvings have caused bitcoin's price to rise.</p><p>Still, traders and miners have studied past halvings to try and gain an edge.</p><p>When the last halving happened on May 11, 2020, the price rose around 12% in the following week.</p><p>Later in the year, bitcoin began a sharp rally, but there were lots of explanations - including loose monetary policy and stay-at-home retail investors spending spare cash on cryptocurrencies - for this and no real evidence the halving was behind it.</p><p class=\"t-img-caption\"><img alt=\"Reuters Graphics\" src=\"https://community-static.tradeup.com/news/1d0577cfecee557134cc058bdb9d4917\" tg-height=\"1000\" tg-width=\"1420\" title=\"Reuters Graphics\"/><span>Reuters Graphics</span></p><p>An earlier halving occurred in July 2016. Bitcoin rose around 1.3% in the following week, before plunging a few weeks later.</p><p>In short: it's hard to isolate the impact, if any, halvings may have had in the past or predict what could happen this time around.</p><p>Regulators have repeatedly warned that bitcoin is a speculative market, driven by hype and \"FOMO\" (Fear Of Missing Out), and poses real harm to investors, even as they simultaneously approve bitcoin trading products.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta content=\"text/html; charset=utf-8\" http-equiv=\"Content-Type\"/>\n<meta content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\" name=\"viewport\"/>\n<meta content=\"telephone=no,email=no,address=no\" name=\"format-detection\"/>\n<title>Bitcoin Halving: When Will It Happen and What Does It Mean for the Price?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBitcoin Halving: When Will It Happen and What Does It Mean for the Price?\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2024-03-14 11:30</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>LONDON, March 13 (Reuters) - As bitcoin's price reaches new heights, attention is turning to its upcoming \"halving\" and whether it is playing a role in its ascent.</p><p>Depending on where you sit, the halving is a vital event that will burnish bitcoin's value as an increasingly scarce commodity, or nothing more than a technical change talked up by speculators to inflate its price.</p><p>But what exactly is it, and does it really matter?</p><h2 id=\"id_701305513\" style=\"text-align: start;\">WHAT IS IT?</h2><p>The halving is a change in bitcoin's underlying blockchain technology, designed to reduce the rate at which new bitcoins are created.</p><p>Bitcoin was designed from its inception by its pseudonymous creator Satoshi Nakamoto to have a capped supply of 21 million tokens.</p><p>Nakamoto wrote the halving into bitcoin's code and it works by reducing the rate at which new bitcoin are released into circulation.</p><p>So far, about 19 million tokens have been released.</p><h2 id=\"id_1544919212\" style=\"text-align: start;\">HOW DOES IT HAPPEN?</h2><p>Blockchain technology involves creating records of information - called 'blocks' - which are added to the chain in a process called 'mining'.</p><p>Miners use computing power to solve complex mathematical puzzles to build the blockchain and earn rewards in the form of new bitcoin.</p><p>At the halving, the amount of bitcoin available as rewards for miners is cut in half. This makes mining less profitable and slows the production of new bitcoins.</p><p>WHEN WILL IT HAPPEN?</p><p>There is no set date, but it is expected to take place in late April.</p><p>The blockchain is designed so that a halving occurs every time 210,000 blocks are added to the chain. This means it happens roughly every four years.</p><h2 id=\"id_2428863025\" style=\"text-align: start;\">WHAT'S IT GOT TO DO WITH BITCOIN'S PRICE?</h2><p>Some bitcoin enthusiasts say that bitcoin's scarcity gives it value.</p><p>The lower the supply of a commodity, then all other things being equal the price should rise when people try and buy more.</p><p>So reducing supply of bitcoin should lift the price, some analysts and traders say.</p><p>Others dispute the logic, noting that any impact would have already been factored in to the current price.</p><p>The supply of bitcoin to the market is also largely down to crypto miners but the sector is opaque, with data on inventories and supplies scarce.</p><p>If miners sell their reserves, that could put downward pressure on prices.</p><p>Knowing what is behind a crypto rally is hard, not least as there is far less transparency about who is buying and why relative to other markets.</p><p>The most common reason given for this year's surge is the U.S. Securities and Exchange Commission's January approval of bitcoin ETFs, as well as expectations that central banks will cut interest rates.</p><p>But in the speculative world of crypto trading, explanations given by analysts for changes in bitcoin's price can snowball into market narratives that can become self-fulfilling.</p><h2 id=\"id_2480998271\" style=\"text-align: start;\">WHAT ABOUT PREVIOUS HALVINGS?</h2><p>There's no evidence to suggest that previous halvings have caused bitcoin's price to rise.</p><p>Still, traders and miners have studied past halvings to try and gain an edge.</p><p>When the last halving happened on May 11, 2020, the price rose around 12% in the following week.</p><p>Later in the year, bitcoin began a sharp rally, but there were lots of explanations - including loose monetary policy and stay-at-home retail investors spending spare cash on cryptocurrencies - for this and no real evidence the halving was behind it.</p><p class=\"t-img-caption\"><img alt=\"Reuters Graphics\" src=\"https://community-static.tradeup.com/news/1d0577cfecee557134cc058bdb9d4917\" tg-height=\"1000\" tg-width=\"1420\" title=\"Reuters Graphics\"/><span>Reuters Graphics</span></p><p>An earlier halving occurred in July 2016. Bitcoin rose around 1.3% in the following week, before plunging a few weeks later.</p><p>In short: it's hard to isolate the impact, if any, halvings may have had in the past or predict what could happen this time around.</p><p>Regulators have repeatedly warned that bitcoin is a speculative market, driven by hype and \"FOMO\" (Fear Of Missing Out), and poses real harm to investors, even as they simultaneously approve bitcoin trading products.</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HODL":"VanEck Bitcoin Trust ETF","BITB":"Bitwise Bitcoin ETF","FBTC":"Fidelity Wise Origin Bitcoin Fund","EZBC":"Franklin Bitcoin ETF","BTCW":"WisdomTree Bitcoin Fund","BITO":"ProShares Bitcoin ETF","BTCO":"Invesco Galaxy Bitcoin ETF","GBTC":"Grayscale Bitcoin Trust","DEFI":"Hashdex Bitcoin ETF","IBIT":"iShares Bitcoin Trust","BK4585":"ETF&股票定投概念","ARKB":"ARK 21Shares Bitcoin ETF","BRRR":"Valkyrie Bitcoin Fund","BK4594":"比特币ETF概念"},"source_url":"https://news.google.com/rss/articles/CBMiVmh0dHBzOi8vd3d3LnJldXRlcnMuY29tL3RlY2hub2xvZ3kvd2hhdC1pcy1iaXRjb2lucy1oYWx2aW5nLWRvZXMtaXQtbWF0dGVyLTIwMjQtMDMtMTMv0gEA?oc=5","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2419658178","content_text":"LONDON, March 13 (Reuters) - As bitcoin's price reaches new heights, attention is turning to its upcoming \"halving\" and whether it is playing a role in its ascent.Depending on where you sit, the halving is a vital event that will burnish bitcoin's value as an increasingly scarce commodity, or nothing more than a technical change talked up by speculators to inflate its price.But what exactly is it, and does it really matter?WHAT IS IT?The halving is a change in bitcoin's underlying blockchain technology, designed to reduce the rate at which new bitcoins are created.Bitcoin was designed from its inception by its pseudonymous creator Satoshi Nakamoto to have a capped supply of 21 million tokens.Nakamoto wrote the halving into bitcoin's code and it works by reducing the rate at which new bitcoin are released into circulation.So far, about 19 million tokens have been released.HOW DOES IT HAPPEN?Blockchain technology involves creating records of information - called 'blocks' - which are added to the chain in a process called 'mining'.Miners use computing power to solve complex mathematical puzzles to build the blockchain and earn rewards in the form of new bitcoin.At the halving, the amount of bitcoin available as rewards for miners is cut in half. This makes mining less profitable and slows the production of new bitcoins.WHEN WILL IT HAPPEN?There is no set date, but it is expected to take place in late April.The blockchain is designed so that a halving occurs every time 210,000 blocks are added to the chain. This means it happens roughly every four years.WHAT'S IT GOT TO DO WITH BITCOIN'S PRICE?Some bitcoin enthusiasts say that bitcoin's scarcity gives it value.The lower the supply of a commodity, then all other things being equal the price should rise when people try and buy more.So reducing supply of bitcoin should lift the price, some analysts and traders say.Others dispute the logic, noting that any impact would have already been factored in to the current price.The supply of bitcoin to the market is also largely down to crypto miners but the sector is opaque, with data on inventories and supplies scarce.If miners sell their reserves, that could put downward pressure on prices.Knowing what is behind a crypto rally is hard, not least as there is far less transparency about who is buying and why relative to other markets.The most common reason given for this year's surge is the U.S. Securities and Exchange Commission's January approval of bitcoin ETFs, as well as expectations that central banks will cut interest rates.But in the speculative world of crypto trading, explanations given by analysts for changes in bitcoin's price can snowball into market narratives that can become self-fulfilling.WHAT ABOUT PREVIOUS HALVINGS?There's no evidence to suggest that previous halvings have caused bitcoin's price to rise.Still, traders and miners have studied past halvings to try and gain an edge.When the last halving happened on May 11, 2020, the price rose around 12% in the following week.Later in the year, bitcoin began a sharp rally, but there were lots of explanations - including loose monetary policy and stay-at-home retail investors spending spare cash on cryptocurrencies - for this and no real evidence the halving was behind it.Reuters GraphicsAn earlier halving occurred in July 2016. Bitcoin rose around 1.3% in the following week, before plunging a few weeks later.In short: it's hard to isolate the impact, if any, halvings may have had in the past or predict what could happen this time around.Regulators have repeatedly warned that bitcoin is a speculative market, driven by hype and \"FOMO\" (Fear Of Missing Out), and poses real harm to investors, even as they simultaneously approve bitcoin trading products.","news_type":1},"isVote":1,"tweetType":1,"viewCount":164,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":218559130513520,"gmtCreate":1694393959929,"gmtModify":1694396804214,"author":{"id":"4123990832965262","authorId":"4123990832965262","name":"Ark Finance","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4123990832965262","authorIdStr":"4123990832965262"},"themes":[],"htmlText":"Its not Musk's fault. Its just not relevant nowadays","listText":"Its not Musk's fault. Its just not relevant nowadays","text":"Its not Musk's fault. Its just not relevant nowadays","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/218559130513520","repostId":"1166976883","repostType":2,"isVote":1,"tweetType":1,"viewCount":92,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9947762881,"gmtCreate":1683622189244,"gmtModify":1683622214141,"author":{"id":"4123990832965262","authorId":"4123990832965262","name":"Ark Finance","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4123990832965262","authorIdStr":"4123990832965262"},"themes":[],"htmlText":"This person deserves to be put in jail for lying and mismanaging the economy.&nbsp;","listText":"This person deserves to be put in jail for lying and mismanaging the economy.&nbsp;","text":"This person deserves to be put in jail for lying and mismanaging the economy.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9947762881","repostId":"1154601692","repostType":2,"isVote":1,"tweetType":1,"viewCount":246,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4091449914273180","authorId":"4091449914273180","name":"CapybaraNDU","avatar":"https://static.itradeup.com/news/45f43895513a14a93d9fef520100f642","crmLevel":5,"crmLevelSwitch":1,"idStr":"4091449914273180","authorIdStr":"4091449914273180"},"content":"Sounds like someone made a lot of losses in the last year 🤡","text":"Sounds like someone made a lot of losses in the last year 🤡","html":"Sounds like someone made a lot of losses in the last year 🤡"}],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9947762881,"gmtCreate":1683622189244,"gmtModify":1683622214141,"author":{"id":"4123990832965262","authorId":"4123990832965262","name":"Ark Finance","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4123990832965262","authorIdStr":"4123990832965262"},"themes":[],"htmlText":"This person deserves to be put in jail for lying and mismanaging the economy.&nbsp;","listText":"This person deserves to be put in jail for lying and mismanaging the economy.&nbsp;","text":"This person deserves to be put in jail for lying and mismanaging the economy.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9947762881","repostId":"1154601692","repostType":2,"repost":{"id":"1154601692","kind":"news","pubTimestamp":1683621898,"share":"https://ttm.financial/m/news/1154601692?lang=&edition=fundamental","pubTime":"2023-05-09 16:44","market":"us","language":"en","title":"Jerome Powell Faces Lowest Public Confidence for Fed Chairman on Record, Gallup Says","url":"https://stock-news.laohu8.com/highlight/detail?id=1154601692","media":"Bloomberg","summary":"Just 36% say they trust Powell to do right thing for economyBiden, Yellen and congressional leaders ","content":"<html><head></head><body><ul><li><p>Just 36% say they trust Powell to do right thing for economy</p></li><li><p>Biden, Yellen and congressional leaders also get low marks</p></li></ul><p>Public confidence in Jerome Powell’s leadership of the Federal Reserve has dropped precipitously, according to a new survey, and is now at or below his predecessors’ as the central bank wages its war against inflation.</p><p>A Gallup poll released Tuesday shows 36% of US adults say they have a “great deal” or a “fair amount” of confidence that the Federal Reserve chairman would do or recommend the right thing for the economy. </p><p>That’s lower than Janet Yellen’s 37% during her first year leading the Fed in 2014 — though the difference is within the survey’s margin of error of plus-or-minus 4 percentage points — and is the lowest level recorded since Gallup began tracking public confidence in the central banking chief in 2001. Former Chairman Ben Bernanke’s lowest point came in 2012, at 39%.</p><p>Confidence in the Fed generally follows the health of the economy. In April 2020, just a month after the onset of Covid-19 lockdowns, confidence in Powell was at 58% — the highest approval of any Fed chairman since Alan Greenspan in 2004. </p><h3></h3><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/14941cadf96ec45af9fb4d771ae57dcd\" tg-height=\"414\" tg-width=\"631\"/></p><p>But as inflation mounted and the Fed began to raise interest rates as a result, Powell’s approval dropped sharply. </p><p>Perceptions of the Fed are also colored by politics. Powell succeeded Yellen in 2018 under then-President Donald Trump. He enjoys the confidence of 60% of Democrats but only 21% of Republicans. When Trump was president, Republican confidence in Powell outpaced Democrats’ by an average of 14 percentage points. </p><p>Indeed, confidence in Powell is comparable to that of political actors. </p><p>President Joe Biden has the confidence of 35% of Americans on the economy — the lowest of any president since George W. Bush received 34% during the 2008 financial crisis. </p><p>Yellen, now Biden’s Treasury secretary, is at 37%, the lowest in that job since Jacob Lew’s 20% in 2014. </p><p>About 38% of Americans have confidence in congressional Republicans on the economy, compared to 34% for congressional Democrats.</p><h3></h3><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e4f8c4b60388380663982d0bbd1e1020\" tg-height=\"454\" tg-width=\"642\"/></p><p></p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta content=\"text/html; charset=utf-8\" http-equiv=\"Content-Type\"/>\n<meta content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\" name=\"viewport\"/>\n<meta content=\"telephone=no,email=no,address=no\" name=\"format-detection\"/>\n<title>Jerome Powell Faces Lowest Public Confidence for Fed Chairman on Record, Gallup Says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJerome Powell Faces Lowest Public Confidence for Fed Chairman on Record, Gallup Says\n</h2>\n<h4 class=\"meta\">\n\n\n2023-05-09 16:44 GMT+8   <a href=\"https://www.bloomberg.com/news/articles/2023-05-09/jerome-powell-faces-lowest-public-confidence-for-fed-chairman-on-record-gallup?srnd=premium\"><strong>Bloomberg</strong></a>\n</h4>\n</header>\n<article>\n<div>\n<p>Just 36% say they trust Powell to do right thing for economyBiden, Yellen and congressional leaders also get low marksPublic confidence in Jerome Powell’s leadership of the Federal Reserve has dropped...</p>\n<a href=\"https://www.bloomberg.com/news/articles/2023-05-09/jerome-powell-faces-lowest-public-confidence-for-fed-chairman-on-record-gallup?srnd=premium\">Web Link</a>\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.bloomberg.com/news/articles/2023-05-09/jerome-powell-faces-lowest-public-confidence-for-fed-chairman-on-record-gallup?srnd=premium","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1154601692","content_text":"Just 36% say they trust Powell to do right thing for economyBiden, Yellen and congressional leaders also get low marksPublic confidence in Jerome Powell’s leadership of the Federal Reserve has dropped precipitously, according to a new survey, and is now at or below his predecessors’ as the central bank wages its war against inflation.A Gallup poll released Tuesday shows 36% of US adults say they have a “great deal” or a “fair amount” of confidence that the Federal Reserve chairman would do or recommend the right thing for the economy. That’s lower than Janet Yellen’s 37% during her first year leading the Fed in 2014 — though the difference is within the survey’s margin of error of plus-or-minus 4 percentage points — and is the lowest level recorded since Gallup began tracking public confidence in the central banking chief in 2001. Former Chairman Ben Bernanke’s lowest point came in 2012, at 39%.Confidence in the Fed generally follows the health of the economy. In April 2020, just a month after the onset of Covid-19 lockdowns, confidence in Powell was at 58% — the highest approval of any Fed chairman since Alan Greenspan in 2004. But as inflation mounted and the Fed began to raise interest rates as a result, Powell’s approval dropped sharply. Perceptions of the Fed are also colored by politics. Powell succeeded Yellen in 2018 under then-President Donald Trump. He enjoys the confidence of 60% of Democrats but only 21% of Republicans. When Trump was president, Republican confidence in Powell outpaced Democrats’ by an average of 14 percentage points. Indeed, confidence in Powell is comparable to that of political actors. President Joe Biden has the confidence of 35% of Americans on the economy — the lowest of any president since George W. Bush received 34% during the 2008 financial crisis. Yellen, now Biden’s Treasury secretary, is at 37%, the lowest in that job since Jacob Lew’s 20% in 2014. About 38% of Americans have confidence in congressional Republicans on the economy, compared to 34% for congressional Democrats.","news_type":1},"isVote":1,"tweetType":1,"viewCount":246,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4091449914273180","authorId":"4091449914273180","name":"CapybaraNDU","avatar":"https://static.itradeup.com/news/45f43895513a14a93d9fef520100f642","crmLevel":5,"crmLevelSwitch":1,"idStr":"4091449914273180","authorIdStr":"4091449914273180"},"content":"Sounds like someone made a lot of losses in the last year 🤡","text":"Sounds like someone made a lot of losses in the last year 🤡","html":"Sounds like someone made a lot of losses in the last year 🤡"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":284163199176768,"gmtCreate":1710391707622,"gmtModify":1710394300733,"author":{"id":"4123990832965262","authorId":"4123990832965262","name":"Ark Finance","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4123990832965262","authorIdStr":"4123990832965262"},"themes":[],"htmlText":"What most ppl dont know and ask is, if 21M bitcoin is minted, who will cont to mine to keep the ledger?&nbsp;","listText":"What most ppl dont know and ask is, if 21M bitcoin is minted, who will cont to mine to keep the ledger?&nbsp;","text":"What most ppl dont know and ask is, if 21M bitcoin is minted, who will cont to mine to keep the ledger?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/284163199176768","repostId":"2419658178","repostType":2,"isVote":1,"tweetType":1,"viewCount":164,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":218559130513520,"gmtCreate":1694393959929,"gmtModify":1694396804214,"author":{"id":"4123990832965262","authorId":"4123990832965262","name":"Ark Finance","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4123990832965262","authorIdStr":"4123990832965262"},"themes":[],"htmlText":"Its not Musk's fault. Its just not relevant nowadays","listText":"Its not Musk's fault. Its just not relevant nowadays","text":"Its not Musk's fault. Its just not relevant nowadays","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/218559130513520","repostId":"1166976883","repostType":2,"isVote":1,"tweetType":1,"viewCount":92,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}