The FED Raises Rates by a 25 Basic Points, Leads to Market Turmoil
The FED has increased interest rates by a quarter point as it battles high inflation rates while addressing the risks to financial stability. Over the...
Tag : federal reserve
Bitcoin (BTC) Crosses the $28k Mark Despite Increased Uncertainty
Following the collapse of crypto-friendly banks, Silvergate, SVB, and Signature, the cryptocurrency market was expected to collapse. With the intervention of the FED in the...
The FED Has Plans to Tackle Concerns Regarding Unregulated Stablecoins
As per the recent development, the FED is geared up to deploy a team of experts to keep checks on developments in the crypto space....
Bitcoin (BTC) recovers to $25k following FOMC Minutes
The holders of Bitcoin (BTC) were subject to another shock as volatility increased and investors struggled to digest the FOMC minutes. These minutes point to...
Michael Barr: Crypto Is Not Going To Replace Fiat
Michael Barr, the Vice Chair for Supervision of the Federal Reserve, is of the opinion that cryptocurrencies are not likely to supplant fiat currencies....
FTX CEO blames Fed Reserve for the Bear Market
The slump in the crypto market is being pushed by the aggressive rate hikes implemented by the US Federal Reserve to combat growing inflation, according...
The Vice-Chair of the Federal Reserve Supports the Creation of CBDCs
Lael Brainard, the Vice-Chair of the Federal Reserve has expressed her support for the creation of the U.S. Central Bank Digital Currency (CBDC), telling the...
Ray Dalio Talks About Crypto, the Economy, and Federal Reserve
This week’s news has been dominated by the World Economic Forum (WEF) conference in Davos, Switzerland, which began on May 22 and ends on May...
Over $1.5B Longs Liquidated Amidst Federal Reserve Chair Bitcoin Volatility Warning
On Tuesday, over $1.5 billion was liquidated following a Bitcoin slump. Bitcoin volatility has proven costly. At the start of the week lost over 5%...
Reserve Bank of New Zealand researching CBDC
Reserve Bank of New Zealand’s Assistant Governor, Christian Hawkesby today expounded on the Bank’s interpretation of its own CBDC. In a discourse, he disclosed to...