Hedera’s HBAR shows resilience despite a slight daily decline, maintaining positive momentum heading into October. Institutional validation through SWIFT collaborations and ETF discussions positions HBAR alongside major altcoins. Technical analysis reveals key support and resistance levels that could determine near-term price direction.
about HBAR Outlook: ETF Hopes & SWIFT Partnerships Fuel UptoberBundesbank
0 in Finance and 0 in Crypto last weekBundesbank and ECB report historic losses from expansive monetary policy
The Bundesbank and the ECB have reported combined losses nearing 30 billion euros due to the repercussions of expansive monetary policies and extensive securities purchases over the past two years. The Bundesbank’s loss of 19.2 billion euros in 2024 marks its first loss since 1979 and the largest in its history. President Nagel has proposed reforms to the German debt brake in response to these challenges.
about Bundesbank and ECB report historic losses from expansive monetary policyFinancing the Transition to Greenhouse Gas Neutrality in Europe
Joachim Nagel emphasizes the urgent need for over €1.2 trillion annually in EU investments to achieve greenhouse gas neutrality by 2030, highlighting a significant gap in current funding. He advocates for a robust banking system and alternative financing sources to support households and firms in transitioning to greener technologies. Additionally, strategic long-term planning by legislators can help minimize additional financing needs and encourage sustainable investments.
about Financing the Transition to Greenhouse Gas Neutrality in EuropeThe Future of AI and Financial Growth in Europe
China has developed advanced language models, prompting Europe to accelerate its AI initiatives, highlighted by France’s €109 billion funding plan. The financial industry is urged to support innovation and growth, particularly in AI and digitalization, while balancing risks and regulations to ensure societal benefits.
about The Future of AI and Financial Growth in EuropeCentral Banks and Climate Change The Role of Official Statistics
Fritzi Köhler-Geib emphasized the critical intersection of climate change and economic competitiveness at a recent conference, highlighting the urgency of addressing extreme weather events. Central banks must prioritize climate data to manage stability risks linked to both physical impacts and the transition to sustainable practices. The role of official statistics is vital in navigating these challenges and supporting effective monetary policy and financial stability.
about Central Banks and Climate Change The Role of Official StatisticsAddressing Climate Change Risks in Financial Supervision and Economic Stability
Sabine Mauderer emphasized the urgent need for action on climate change during her speech, highlighting the evolution of central banks’ roles in addressing climate-related risks. With over 140 central banks now part of the Network for Greening the Financial System, she stressed the importance of capacity building and collaboration to manage these risks effectively. Mauderer also pointed out the significant potential economic losses due to climate change, urging the financial sector to integrate climate risk into their operations and decision-making processes.
about Addressing Climate Change Risks in Financial Supervision and Economic StabilityNavigating Economic Challenges and Opportunities in Europe for 2025
François Villeroy de Galhau, in his New Year address, emphasized the need for Europe to adopt structural policies to enhance economic growth, focusing on market integration, increased investment, and innovation. He highlighted the importance of simplifying regulations while maintaining robust banking oversight, and noted a positive trend in inflation and economic growth in France, despite ongoing uncertainties. The Banque de France remains committed to fostering trust and stability as the country moves into 2025.
about Navigating Economic Challenges and Opportunities in Europe for 2025Czech Central Bank Considers Bitcoin as a Reserve Asset Option
The Czech National Bank’s governor, Aleš Michl, has proposed considering Bitcoin as a potential diversification strategy for the country’s foreign exchange reserves, signaling a growing interest in cryptocurrency among governments. This follows a global trend, with countries like Switzerland and Russia exploring Bitcoin’s role as a reserve asset to enhance economic stability and reduce reliance on traditional currencies. Prominent figures, including Donald Trump and Senator Cynthia Lummis, advocate for Bitcoin’s inclusion in national reserves, highlighting its finite supply as a hedge against inflation.
about Czech Central Bank Considers Bitcoin as a Reserve Asset Option