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US Senate Banking Chief Criticizes Super Bowl Crypto Ads, Claims ‘Big Crypto Companies Are Desperate’
16.2.2022
The United States senator from Ohio and Senate Banking Committee chief Sherrod Brown is not a fan of cryptocurrencies. This week during Tuesday’s stablecoin hearing, Brown criticized all the cryptocurrency companies who advertised during the Super Bowl this past weekend and stressed that...
Bitcoin dips before Fed rate hike cues amid warning over $9T balance sheet
16.2.2022
Reducing the balance sheet may spark bigger Bitcoin losses than a rate hike, one analyst warns
Fed never did it: US Senate Banking head lashes out at Super Bowl crypto ads
16.2.2022
The lawmaker claimed that crypto is not real money and companies splurging millions on advertisements proves that
St. Louis Fed President Says Central Bank’s ‘Credibility Is On the Line’ as US Inflation Surges
16.2.2022
Inflation continues to grip American wallets, according to a recent economic analysis from Moody’s Analytics, which shows inflation is likely costing the average U.S. household between $250 to $276 per month. Meanwhile, the U.S. Federal Reserve is expected to raise the benchmark interest...
Concerns over Fed nominee may stop Senate from confirming Biden's picks: report
15.2.2022
Republicans are reportedly calling for a boycott of voting on nominees to the Federal Reserve related to allegations Sarah Bloom Raskin lobbied the president of the Kansas City Fed on behalf of fintech firm Reserve Trust
RBI Deputy Governor: Banning Crypto Is ‘Most Advisable’ for India, Regulation Is ‘Futile’
15.2.2022
A deputy governor of India’s central bank, the Reserve Bank of India (RBI), likens cryptocurrencies to Ponzi schemes, emphasizing that they cannot be regulated. “It would be futile to regulate cryptocurrencies,” he claims, stating that they should be banned. RBI’s Deputy...
Bitcoin Rises with All Eyes on Ukraine, Fed’s Next Move
15.2.2022
The price of bitcoin (BTC) has been on the rise since the beginning of the week, with traders now keeping an eye on developments in Ukraine, as well as on the US Federal Reserve’s (Fed) next move to combat high inflation.
At 10:26 UTC on Tuesday morning, BTC traded at USD 44,137, up 4.5%...
Indian Government Consulting With Central Bank RBI on Crypto — ‘There Is Complete Harmony’
14.2.2022
The Indian government is consulting with the Reserve Bank of India (RBI) on crypto policies. According to the finance minister, the government and the central bank are in “complete harmony” on crypto and other issues. Indian Government and Central Bank Discussing Crypto Policies...
Bitcoin on-chain data hints at institutions 'deploying capital' at expense of 'hodlers'
12.2.2022
On-chain metrics detect strong "sophisticated passive buying" on spot exchanges and a rise in the movements of Bitcoin to whale wallets
How Raising Interest Rates Curbs Inflation – and What Could Possibly Go Wrong
11.2.2022
Rodney Ramcharan, Associate Professor of Finance and Business Economics, the University of Southern California.________
After about three decades of relatively low inflation, consumer prices are skyrocketing again in the US. ...
Read More: How Raising Interest Rates Curbs Inflation – and What...
Crypto Market Braces for Volatile Week Ahead of Fed’s ‘Emergency Meeting’
11.2.2022
The US Federal Reserve (Fed) is set to hold an unscheduled meeting on Monday to discuss interest rates, described by some as an “emergency meeting” and others as a fairly “regular occurrence.” Regardless, the Fed’s unexpected notice has sparked debate in the crypto community over whether...
MIT, Boston Fed give digital dollar CBDC a modest test run
11.2.2022
Blockchain-based architecture was deemed “not a good match” as researchers weighed several technological designs
Bitcoin's 30% recovery in two weeks has BTC whales back in accumulation mode
11.2.2022
The number of Bitcoin addresses holding at least 1,000 BTC has risen in recent weeks
Analysts say Bitcoin’s range-bound trading at a key support level reflects a trend reversal
10.2.2022
BTC’s journey into the $43,000 to $46,000 price range could be another sign that the multi-month correction has ended
US Inflation Jumps to 7.5%, CPI Climbs at Fastest Rate in 40 Years, Citizens See Little Wage Growth
10.2.2022
Inflation in the United States continues to rise as it climbed at its fastest rate in 40 years since February 1982. Statistics from the U.S. Labor Department’s Consumer Price Index (CPI) jumped 7.5% higher than it was a year ago. US Inflation Continues to Surge On Thursday, the U.S. Labor...
US Federal Reserve bank at the helm of CBDC research effort appoints new president
10.2.2022
Susan M. Collins is set to become the first Black woman to head a Federal Reserve Bank
RBI: Cryptocurrency Is a Big Threat to Macroeconomic and Financial Stability in India
10.2.2022
The governor of India’s central bank, the Reserve Bank of India (RBI), has reiterated his concerns that cryptocurrency is a “big threat” to the country’s financial and macroeconomic stability. He also warned investors of the risks of investing in crypto, stating this...
Exchange stablecoin reserve hits $27B as Bitcoin rises toward $50K 'fair value'
10.2.2022
More stablecoins find their way to exchanges than ever before — where will they be deployed next?
Indian Government ‘Constantly Monitoring’ Crypto Sector, Says Finance Minister
9.2.2022
India’s finance minister, Nirmala Sitharaman, has reportedly revealed that the government is “constantly monitoring” and “watching the crypto sector.” Referring to her budget speech, she noted that crypto taxation will be implemented before the central bank,...
Zimbabwe’s Central Bank Exploring CBDC, Reiterates Opposition to Cryptocurrencies
8.2.2022
Zimbabwe’s central bank, which has expressed its opposition to cryptocurrencies in the past, announced yesterday it is presently exploring the feasibility of rolling out its own central bank digital currency (CBDC). The bank also said its regulatory sandbox continues to garner interest. CBDC...