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 last few days,…
federal reserve
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,…
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…
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…
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…
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…
China Moves Away From US Dollar, Ahead of Digital Yuan
China is probably going to decrease its possessions of US Treasury bonds to just shy of $800 billion from the current degree of more…