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No Rate Cuts Yet: Fed Maintains Rates at Historic Highs
31.7.2024
The U.S. Federal Reserve has opted to maintain the federal funds rate target range at 5.25-5.5%, according to the latest report from the Federal Open Market Committee (FOMC). The committee noted that while inflation has eased over the past year, it remains somewhat elevated, with the overarching...
Fed Holds Policy Steady, Expresses More Caution Than Expected on September Rate Cut
31.7.2024
Crypto Fear and Greed Index Shows ‘Greed’ Despite Bitcoin’s Price Drop
31.7.2024
While bitcoin briefly reached the $70,000 mark on July 29, the price has since declined. Over the past week, BTC has decreased by 0.6%. During the last 18 days, the Crypto Fear and Greed Index (CFGI) has transitioned from “extreme fear” back to “greed.” From...
All Eyes on the Fed: Steady Rates Anticipated, September Reduction Likely
31.7.2024
The U.S. Federal Reserve is set to convene its monthly Federal Open Market Committee (FOMC) meeting to evaluate the state of the economy and determine if the central bank should adjust the federal funds rate. The prevailing market sentiment suggests that the FOMC members are likely to maintain...
Key Interest Rate Decisions Coming This Week From Fed, BOJ, BOE
30.7.2024
The Fed is expected to hold policy steady but indicate an imminent rate cut, while the Bank of England is seen easing policy and the Bank of Japan is likely to hike rates
RFK Jr: Only Bitcoin can guarantee US dollar’s reserve currency status
29.7.2024
Presidential candidate Robert F. Kennedy Jr. heard about Bitcoin from his kids. Now, he believes it should be part of the bedrock of America’s monetary system
Ron Paul Champions Liberty and ‘Competing Currencies’ at Bitcoin 2024
28.7.2024
Ron Paul, former U.S. congressman and well-known advocate for liberty, shared his thoughts on bitcoin and monetary policy during an interview with Bitcoin Magazine editor Pete Rizzo. Paul emphasized the importance of liberty and sound money principles while expressing cautious optimism about...
Senator Lummis Proposes Bitcoin Strategic Reserve Bill to Bolster US Economy
28.7.2024
At the Bitcoin 2024 conference, Republican U.S. Senator for Wyoming, Cynthia Lummis, introduced the “Bitcoin Strategic Reserve Bill” aimed at establishing a strong bitcoin reserve to mitigate the national debt and strengthen the economy. The bill proposes converting federal assets...
Trump to end war on crypto if elected, says US will be 'crypto capital of the world'
27.7.2024
The former and prospective United States president made the announcement at the Bitcoin 2024 conference in Nashville, Tennessee
Trump to end war on crypto if elected, says US will be 'crypto capital of the world'
27.7.2024
The former and prospective United States president made the announcement at the Bitcoin 2024 conference in Nashville, Tennessee
Trump to end war on crypto if elected, says US will be 'crypto capital of the world'
27.7.2024
The former and prospective United States president made the announcement at the Bitcoin 2024 conference in Nashville, Tennessee
Federal Reserve Board drops enforcement action against Silvergate
26.7.2024
Silvergate Bank, a former crypto-friendly bank, collapsed in March 2023 due to the fallout created by the implosion of the FTX exchange
Wyoming Senator to Propose Bill for US Central Bank to Hold Bitcoin, Report Says
24.7.2024
Senator Cynthia Lummis of Wyoming is preparing to introduce new legislation that would require the Federal Reserve to hold bitcoin as a strategic reserve asset, as reported by Fox Business News. According to three anonymous individuals with knowledge of the matter, the bill is set to be announced...
Stonex Bullion’s Analyst Predicts Gold Increase Due to Heightened Political Confusion
23.7.2024
Gold prices are poised to rise due to the current political uncertainty in the United States, according to Rhona O’Connell, head of market analysis at Stonex Bullion. This comes as economic indicators suggest potential changes in monetary policy. Stonex Analyst Rhona O’Connell: Gold...
Why is Dogecoin price up today?
20.7.2024
Dogecoin is surging on the prospects of interest rate cuts in September and the excitement of a potential pro-crypto stance from Donald Trump
Why is Dogecoin price up today?
20.7.2024
Dogecoin is surging on the prospects of interest rate cuts in September and the excitement of a potential pro-crypto stance from Donald Trump
MAGA memecoin hints at another 'Trump pump' ahead of Bitcoin 2024 conference
19.7.2024
MAGA is painting a classic bullish reversal pattern right ahead of Donald Trump's keynote at the upcoming Bitcoin 2024 conference in Nashville
Trump weighing Bitcoin hater Jamie Dimon for US Treasury
17.7.2024
The former president could reveal more details at the Bitcoin Conference in Nashville from July 25 thru 27
Financial Expert’s Contrarian View: Lower Oil Prices, Weaker US Dollar Under Trump
17.7.2024
Michael Kao, a financial analyst and commentator renowned for his accurate predictions on oil and the U.S. dollar, offers a contrarian perspective on former President Donald Trump’s potential impact on these markets. Kao argues that Trump’s policies will be deflationary for oil...
Fed Might Focus on Weakening Labor Market Rather Than Inflation as It Mulls Rate Cuts: Economists
12.7.2024
A weakening labor market could persuade the Fed to cut rates even as inflation is not yet back to the Fed's 2% goal