Bitcoin (BTC) Trades Around $23K as FED Chief Emphasizes on Further Interest Rate Hikes
The Chairman of the Federal Reserve, Jerome Powell, spoke on the monetary policy at the Economic Club of Washington. He insisted that interest rates need...
Tag : US Federal Reserve
Bitcoin (BTC) Remains Stable Despite FED’s Interest Rate Hike
The FED has once again dropped a hammer on financial markets by increasing interest rates by 25 basis points. However, despite the increase being put...
US Regulators Issue Joint Warnings to Banks Over Crypto Risks
The Board of Governors of the Federal Reserve System and two other United States federal agencies have issued their first-ever collective warning to banks over...
Crypto Regulations Should be Similar to Traditional Bank Rules, Says Fed Vice Chair
Vice Chair for Supervision at Federal Reserve in his first address after assuming office, Michael S. Barr asserted that cryptocurrency activity requires the same level...
Different Agencies Continually Wrestle to Bring Crypto Industry Under their Purview
According to a Thursday’s opinion piece on Reuters, cryptocurrency ventures can divide and conquer Washington’s regulatory fiefdoms....
Federal Reserve Provides New Guidance for Banks Interested in Cryptocurrency
According to a recent Reuters report, the U.S. Federal Reserve has provided more guidance for banks thinking of potentially engaging in cryptocurrency-related operations, emphasising that...
Crypto Market and The Traditional Market in Green, This is the Reason
The global cryptocurrency market, as well as the traditional market, have both experienced considerable rises following the Federal Reserve’s most recent interest rate announcement. In...
Does Constant US Inflation News Affect Bitcoin?
There has been a regular correlation between Bitcoin and equities over the previous few months since the bearish drama began in May and continues to...
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...