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Billionaire Jeff Gundlach Expects Recession This Year, Advises Against Buying Bitcoin
12.1.2022
Doubleline Capital CEO Jeffrey Gundlach, also known as the “Bond King,” has warned about “a recession in the later part of this year.” He also advised against buying bitcoin at the current level. “Maybe you should buy it at $25,000,” he said. Billionaire...
US lawmaker hints at upcoming crypto legislation as Jerome Powell says Fed will release report on digital currency soon
11.1.2022
“The report really is ready to go and I would expect we will drop it — I hate to say it again — in coming weeks," said Jerome Powell
Bitcoin dip below $40K follows Fed signal of a possible fourth rate hike in 2022
10.1.2022
BTC’s abrupt drop to $39,650 came after the Federal Reserve floated the prospect of a fourth rate hike in 2022
Mike Novogratz Says Bitcoin Should Bottom Around $40K, Sees ‘Tremendous’ Demand From Institutional Investors
10.1.2022
Galaxy Digital CEO Mike Novogratz expects the price of bitcoin to bottom at around $38K-$40K. “I know big institutions who are going through their process to put positions on. They’re going to see those as attractive levels to buy,” he said. Mike Novogratz on Future Outlook...
Fed’s Outgoing Vice Chair Richard Clarida’s ‘Rebalancing’ Trades Ignite Fed Trading Ethics Scandal
8.1.2022
Members of the U.S. Federal Reserve are getting criticized this week after the central bank published its minutes report from the policy meeting on December 14-15. Following the update, the outgoing vice chair of the Federal Reserve’s trading activities has reignited ethics conversations....
Bitcoin Fluctuates as US Employment Figures Send Mixed Signals to Fed
7.1.2022
The price of bitcoin (BTC) fell slightly along with US stock market futures in the early hours of the US trading session today after US payroll figures missed their forecast by a relatively wide margin. Shortly after, however, the situation improved, with stocks in the green and BTC largely...
Bitcoin, Ethereum Could Benefit If Stocks Drop After Fed Tightening – Strategist
7.1.2022
Contrary to popular belief, the two largest cryptocurrencies bitcoin (BTC) and ethereum (ETH) could benefit from a tightening of monetary policy from the US Federal Reserve (Fed), Mike McGlone has argued in a new note.
According to McGlone, who is the Bloomberg Intelligence’s Senior Commodity...
‘Dip’ ‘Buy’ and ‘Fed’ top trending topics on social media, per survey
7.1.2022
Panic sellers hold your horses because dips are still for buying, according to data from Santiment behavior analysis
Fed’s Minutes Report ‘Bludgeons’ Global Markets — Stocks, Crypto, Precious Metals Slip in Value
6.1.2022
Minutes from the U.S. Federal Reserve’s policy meeting on December 14-15 show that the central bank is being persistent about unwinding quantitive easing (QE) tactics and that it views ultra-low interest rates as no longer necessary. Global markets immediately dropped after the news...
Bitcoin could outperform stocks in 2022 amid Fed tightening — Bloomberg analyst
6.1.2022
The FOMC minutes on Wednesday revealed that policymakers intend to step up their fight against inflation in 2022
Ethereum plunges 13%, down more than Bitcoin after Fed spooks crypto market
6.1.2022
Ethereum lost roughly 13.50% versus Bitcoin's 9% decline in the past 24 hours
Selloff in Crypto Triggered by Hawkish Fed as Tech Stocks Drop Too
6.1.2022
Markets ranging from global technology stocks to crypto took a major hit over the past day, after a release of minutes from the last US Federal Reserve (Fed) meeting revealed a more hawkish stance than the market had expected.
At 10:09 UTC, bitcoin (BTC) traded at USD 42,738, down by 9% over...
Bitcoin price drops to $43.7K after Fed minutes re-confirm plans to hike rates
5.1.2022
Bitcoin price slipped below $44,000 shortly after notes from the Federal Reserve’s December FOMC session re-confirmed plans to get the balance sheet under control
President Biden is considering economists to fill Fed seats as leadership nominations move to Senate: Report
5.1.2022
The U.S. president has not officially announced his nominations to fill the vacancies at the Federal Reserve, but two of his picks for CFTC commissioners as well as his choices to lead the Fed are moving to the Senate for confirmation
Wharton’s Professor Warns About Inflation, Predicts Many Rate Hikes, Says Bitcoin Has Replaced Gold for Millennials
3.1.2022
A finance professor at the Wharton School of the University of Pennsylvania has warned about inflation and the Fed hiking rates many more times than the market expects. He also said that bitcoin has become the new gold for the millennials. Finance Professor on Bitcoin and Inflation Wharton’s...
What is the Fed taper? This Is How the Federal Reserve Withdraws Stimulus
26.12.2021
Edouard Wemy, Assistant Professor of Economics, Clark University._____
Tapering refers to the Federal Reserve (Fed) policy of unwinding the massive purchases of Treasury bonds and mortgage-backed securities it’s been making to shore up the economy during the pandemic.
The unconventional...
Global Markets, Bitcoin Defy Expectations After Fed’s Hawkish Taper Plan Announcement
16.12.2021
Global markets have defied predictions as the U.S. Federal Reserve and several central banks worldwide are prepping to slow down monetary easing policy. On Wednesday, the U.S. central bank’s Federal Open Market Committee (FOMC) said it plans to taper quantitative easing (large monthly asset...
Fed Chair Jerome Powell Dismisses Cryptocurrencies as Financial Stability Concern but Warns They’re Risky
16.12.2021
Federal Reserve Chairman Jerome Powell says that he does not see cryptocurrencies as a financial stability concern. However, he noted that they are risky and “there’s big consumer issues for consumers who may or may not understand what they’re getting.” Fed Chair Powell...
Post-Fed Bitcoin and Ethereum Rally Pauses, SOL Accelerates
16.12.2021
Bitcoin price formed a base above the USD 47,200 zone. BTC started a steady recovery wave and climbed above the USD 48,500 zone on the news from the US Federal Reserve. BTC is currently (04:30 UTC) facing a strong resistance near the USD 49,500 zone as the bulls might aim for a break above...
Analysts expect Bitcoin trend change after Fed lays out its 2022 roadmap
15.12.2021
Traders look for a market-wide recovery now that the Fed confirmed at least 3 rate hikes and a wind down of its bond purchasing policy in 2022