San Francisco Federal Reserve President Mary Daly Seeks Lower Inflation, Will it Impact Cryptocurrencies?

TheNewsCryptoPubblicato 2026-02-19Pubblicato ultima volta 2026-02-19

Introduzione

San Francisco Federal Reserve President Mary Daly emphasized the need to further lower inflation, despite the current rate of 2.40% being close to the Fed's 2% target. She highlighted the role of restrictive policies and AI in achieving this, while also expressing concerns about labor market vulnerabilities. Lower inflation could boost investor confidence and potentially benefit riskier assets like cryptocurrencies. However, the crypto market is currently experiencing volatility, with Bitcoin dropping below $67k amid broader geopolitical worries. The article notes that multiple factors influence crypto prices, urging thorough research before investing. It concludes by mentioning Donald Trump's ambition to make the U.S. a global crypto hub, despite ongoing challenges like trade tensions with China.

San Francisco Federal Reserve President Mary Daly has sought to further lower inflation. The statement aligns with the target range of 2%. But, it goes on to raise a question if there will be a rate cut, considering that it affects investment appetite in cryptocurrencies. US markets last closed higher, signalling a decent strength at a time of uncertainty.

Mary Daly on Inflation

The US January 2026 inflation rate is 2.40%, closer to the target mark of 2%; however, Mary Daly has said that there is still a need to further lower the inflation. The San Francisco Federal Reserve President has acknowledged that while Artificial Intelligence (AI) helps in that aspect, it is also the restrictive policy that makes things happen.

Inflation is not the only concern, she said during an event at San Jose State University. Mary also said that there is a need to check that labor market vulnerabilities don’t turn into labor market fragilities. Cutting the rate becomes important for investors to allocate their funds to riskier ventures, cryptocurrencies in this case.

Interestingly, Jeffery Schmid, Kansas City Federal Reserve President, earlier took a dig at rate cuts.

Impact on Cryptocurrencies

A lower inflation rate essentially helps portray a strong economy. Thereby instilling a sense of confidence among investors to broaden their respective portfolios. Currently, cryptocurrencies are still experiencing volatility, with BTC, as it appears, losing its momentum. The token has dropped to $66,873.53, below $67k, after losing 1.85% of its value in the last 24 hours.

The market has collectively lost 1.71% in the market cap with the FGI shifting lower to 11 points. Investors worry over ongoing geopolitical scenarios. This has sidelined a drop in inflation, which could have otherwise worked in favor of the crypto market.

Simply put, there are several factors that impact cryptocurrencies. It is important to do thorough research and risk assessment before crypto investments.

Will America Become a Global Crypto Hub?

Donald Trump committed to make the US a global crypto hub; however, challenges keep coming up for the country. A report by Reuters has highlighted China’s plan to dominate global trade in the times to come. The Asian nation is reportedly pursuing 20 FTAs, free trade agreements, as the US extends its tariff war.

Nevertheless, US stock markets closed higher earlier. S&P 500 and Nasdaq were up by 0.56% and 0.78%, respectively. Dow also saw a growth of 0.26%.

Highlighted Crypto News Today:

Kresus Secures $13M Strategic Investment from Hanwha Investment & Securities

Domande pertinenti

QWhat is the target inflation rate mentioned by San Francisco Federal Reserve President Mary Daly?

AThe target inflation rate mentioned is 2%.

QHow has the recent inflation rate in the US performed relative to the target?

AThe US January 2026 inflation rate is 2.40%, which is closer to the target mark of 2%.

QWhat was the recent price movement of Bitcoin as mentioned in the article?

ABitcoin dropped to $66,873.53, below $67k, after losing 1.85% of its value in the last 24 hours.

QAccording to the article, what is one reason cutting interest rates is important for the cryptocurrency market?

ACutting the rate is important for investors to allocate their funds to riskier ventures, such as cryptocurrencies.

QWhich US stock market indices closed higher, and by how much?

AThe S&P 500 was up by 0.56%, the Nasdaq was up by 0.78%, and the Dow saw a growth of 0.26%.

Letture associate

Debate: Korean Workers Fear Unemployment, While Musk Envisions a Society 'Without Work'?

While South Korean auto workers fear job losses from robotics, Elon Musk envisions a future where AI and robots render most work optional. This article explores the growing tension between immediate anxieties over automation and long-term visions of a post-work society. The piece begins with recent strikes at Hyundai's Korean plants, where unions, amid standard wage negotiations, also sought job guarantees against advancing robotics—specifically mentioning Boston Dynamics' Atlas. This reflects how anxiety about technological displacement is emerging even before robots are fully capable of replacing skilled labor on assembly lines. The author argues that while current robotics still struggle with the nuanced, experiential knowledge of veteran workers, the *perception* of imminent replacement is fueling social conflict prematurely. This modern "Luddite" sentiment is compared to the 19th-century English textile workers who smashed machines. Historically, Luddites weren't simply anti-technology; they were protesting the rapid devaluation of their skills and the unequal distribution of productivity gains. Similarly, today's workers ask who will bear the cost of transition and share in the new wealth created by machines. In contrast, figures like Elon Musk propose an optimistic endpoint: with AI and robotics driving extreme abundance, the link between work and survival could break. He suggests concepts like "Universal High Income" could allow society to share the technological bounty, transforming work from a necessity into a choice. The core challenge, however, lies in the transition. The author notes that technology's benefits diffuse slowly, while its disruptive costs—job losses, skill obsolescence—can be concentrated and immediate. The risk is a painful interim period where productivity gains are captured by a few before new social contracts, safety nets, and retraining systems are established. The conclusion calls for proactive governance. Just as past industrial revolutions gave rise to labor standards and social safety nets, the robotics era needs its own frameworks. These should address job transition support, distribution of productivity gains, safety liability, and ethical deployment. Embracing such "constraints" is not opposition to progress but a necessary step to ensure technology benefits society broadly. The discussion sparked by Hyundai's workers, therefore, is not premature but essential.

marsbit11 min fa

Debate: Korean Workers Fear Unemployment, While Musk Envisions a Society 'Without Work'?

marsbit11 min fa

CATL Invests in a 00s Graduate from Harbin Institute of Technology

Contemporary Amperex Technology Co., Limited (CATL) has exclusively invested in the Pre-A round of RoboParty, a company founded by 22-year-old Huang Yi. A former student at Harbin Institute of Technology, Huang built a bipedal humanoid robot in his dorm room and later dropped out to launch RoboParty in Shanghai. The company focuses on developing a fully open-source platform for humanoid robots, combining self-developed hardware, operating systems (Party OS), and foundational models. RoboParty's strategy emphasizes open-source collaboration to accelerate development and build a developer ecosystem, positioning itself as foundational infrastructure for embodied AI. Since its 2025 founding, the team—composed largely of top-tier university graduates—has secured six funding rounds in eight months, with investors including Matrix Partners, Xiaomi, and now CATL. This investment by CATL's corporate venture arm signals strong industry confidence in RoboParty's potential for real-world manufacturing and complex scenarios. Huang Yi prioritizes technological excellence and developer community growth over rapid commercialization. The company has already garnered significant interest from developers and research institutions globally. With a focus on continuous, rapid iteration and open innovation, RoboParty aims to prove the versatility of humanoid robots and drive the field toward an open-source future.

marsbit14 min fa

CATL Invests in a 00s Graduate from Harbin Institute of Technology

marsbit14 min fa

Will SpaceX's First Quarterly Report Rescue Its Stock Price Under the Pressure of 1.2 Billion Shares Unlocking?

SpaceX is set to release its first quarterly earnings report since going public, a key test for its stock which has declined 20% from its IPO price. Approximately 9.12 billion shares are set to unlock on August 6, with an additional 3.19 billion following a week later, creating potential selling pressure from early investors. A strong report may be the only catalyst to reverse the downtrend. The report will cover three segments: Space, Connectivity (Starlink), and AI. The AI business, centered on the merged xAI, is the biggest uncertainty. While it generated $818 million in revenue last quarter, it also reported a $2.5 billion operating loss and $7.7 billion in capital expenditures. New data center rental agreements with Anthropic and Google, particularly the substantial $1.25 billion monthly deal with Anthropic, add significant revenue variability this quarter. Investors await guidance on AI's future outlook and the timeline for launching AI computing satellites via Starship. Starlink remains the stable profit driver, ending last quarter with 10.3 million subscribers. Key metrics will be user growth, average revenue per user (ARPU), and enterprise/government contract backlogs. The Space segment, which posted a $657 million operating loss last quarter, will be scrutinized for updates on Starship development following its 13th test flight and the pace of Falcon 9 launches, many of which support internal Starlink deployment. Wall Street expects Q2 revenue of around $6.9 billion and EBITDA of $2.1 billion. However, as this is the first earnings report, analyst forecasts lack a historical baseline and could see significant variance. With a current market cap of ~$1.4 trillion and a high valuation, the market's reaction post-earnings will hinge on the report's strength, the magnitude of post-lockup selling, and ongoing investor concerns.

marsbit14 min fa

Will SpaceX's First Quarterly Report Rescue Its Stock Price Under the Pressure of 1.2 Billion Shares Unlocking?

marsbit14 min fa

XRPL Foundation Director Warns Of Fake XRP Holder Tiers Scam

XRPL Foundation Community Director Hussein "Vet" Zangana has issued a warning about a phishing scam impersonating Ripple. The scam uses a fake "XRP Holder Tiers" announcement to trick users into connecting their crypto wallets, potentially leading to fund theft. Officials emphasize this is a social engineering attack and not a breach of Ripple's internal systems. The scam exploits common crypto user behaviors, such as urgency around airdrops and rewards, and the fear of missing out on loyalty benefits. Connecting a wallet to a malicious site can grant dangerous permissions or initiate draining transactions. XRP's large, active community makes it a frequent target for such impersonation campaigns. While public warnings from community figures are helpful, they are not a complete defense against evolving scams. The key safety takeaway is for users to ignore unsolicited reward announcements and never connect wallets through unofficial links. Any offer should be verified through multiple official channels before interaction.

bitcoinist25 min fa

XRPL Foundation Director Warns Of Fake XRP Holder Tiers Scam

bitcoinist25 min fa

Soaring 20% Then Dropping 5%: When Will the Bottom of the Korean Stock Market Be?

"South Korean stocks face a turbulent period as the KOSPI index, after a 20% surge, fell 5% to 6257 points. The market is grappling with severe issues: over 500,000 leveraged retail accounts have been liquidated, and more than 24 trillion won has flowed from stocks into bank deposits for safety. This reflects a significant loss of market liquidity and shaken investor confidence. In response, Korean financial regulators are taking action. They have tripled the minimum保证金 (margin) requirement for single-stock leveraged ETF trades to 30 million won and are considering granting themselves "emergency intervention" powers. These could include capping leverage ratios and setting investment limits on these ETFs, seen by many as amplifying market volatility. Initial results show a 75% drop in these products' trading volume post-regulation. The market downturn has political repercussions, pushing President Yoon Suk-yeol's approval rating to a new low. Meanwhile, foreign investors made a record net purchase of 7.18 trillion won during a recent rebound, while domestic retail investors sold off massively. Morgan Stanley has upgraded South Korean stocks to "overweight," citing the ongoing "leverage unwinding" and potential for a 36% upside, with giants like Samsung Electronics and SK Hynix providing valuation support. However, analysts caution that the market's structure remains vulnerable to foreign capital flows, and the current low may not be the bottom."

marsbit30 min fa

Soaring 20% Then Dropping 5%: When Will the Bottom of the Korean Stock Market Be?

marsbit30 min fa

Trading

Spot