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Legal Pad with ‘Buy Bitcoin’ Note Shown Behind Janet Yellen Fetches $1 Million in Auction
25.4.2024
A yellow legal pad with the words "Buy Bitcoin" written on it, famously displayed behind former United States Federal Reserve Chair Janet Yellen during a congressional hearing in 2017, has been sold at an auction for over $1 million, equivalent to 16 Bitcoin.
The post Legal Pad with...
Polymarket Traders See 32% Chance of No Fed Rate Cuts This Year
19.4.2024
The hawkish shift in the market sentiment could dampen the demand for risk assets, including cryptocurrencies and technology stocks
The Solution for Stablecoin Regulation
17.4.2024
Binance.US Appoints Former NY Fed Compliance Chief Grant Martin To Board Amidst Crypto Regulation Crackdown
16.4.2024
Grant Martin, the former Chief Compliance and Ethics Officer at the Federal Reserve Bank of New York, is joining the board of Binance.US., the crypto exchange announced in a Tuesday blog post. News of Martin's appointment follows just months after former global Binance CEO, Changpeng "CZ" Zhao...
Best Crypto to Buy Now April 15 – CORE, NEO, PENDLE
15.4.2024
With cryptocurrency markets are choppy on Monday as traders weigh potentially easing geopolitical risks in the Middle East against another stronger-than-expected US economic data release, which has pushed traders further downsize bets on near-term rate cuts from the US Federal Reserve, crypto...
Uncertainty Over Fed Rate Cuts Intensifies With Sticky Inflation Metrics
13.4.2024
As each day unfolds, analysts, economists, Wall Street institutions, and Fed watchers have increasingly postponed their forecasts for when the U.S. Federal Reserve will reduce the benchmark interest rate. Current data suggest that a rate cut in June is unlikely, with odds standing at 50-50 for...
‘Buy Bitcoin’ Sign Held up During Yellen’s Testimony to Congress in 2017 Being Auctioned Off
12.4.2024
In 2017, Christian Langalis went viral after holding up a "Buy Bitcoin" sign during Federal Reserve Chair Janet Yellen's Congressional testimony. The Bitcoin sign is being auctioned off.
The post ‘Buy Bitcoin’ Sign Held up During Yellen’s Testimony to Congress in 2017 Being...
Bitcoin Price Surprisingly Strong As Hot US Inflation Data Throws Fed Rate Cut Story Into Doubt – Where Next for BTC?
10.4.2024
The Bitcoin (BTC) price is surprisingly strong on Wednesday, having recovered back from session lows in the mid-$67,000s to the $69,000s, despite hotter-than-expected US inflation data throwing the US Federal Reserve’s rate cut story into doubt.
The post Bitcoin Price Surprisingly Strong As Hot...
Federal Reserve’s Neel Kashkari on Bitcoin: Still No Legitimate Use Case in an Advanced Democracy
6.4.2024
The president and CEO of the Federal Reserve Bank of Minneapolis, Neel Kashkari, has expressed concern about consumer risk due to “fraud, hype, and confusion” surrounding bitcoin. Moreover, he said the cryptocurrency has been around for more than a decade but “there’s still...
Bitcoin Adds 4.5% as Stocks Reverse Lower on Hawkish Fed Commentary
4.4.2024
The world's largest crypto regained the $69,000 level at one point in the session before slipping a bit
Choppy Bitcoin Price Action Continues Ahead of Friday's Jobs Report
3.4.2024
Flows into the new spot ETFs have been subdued for a couple of weeks, possibly prompting a renewed interest in macro drivers for price direction
Markets Tumble as Fed Rate Cut Expectations Diminish
3.4.2024
Attention is riveted on the Federal Reserve’s assembly set for May 1, with widespread anticipation that the U.S. central banking authority might lower the federal funds rate at this juncture of the year. Currently, market forecasts suggest a rate reduction is very unlikely, and Cleveland...
Bitcoin Drops Over 5% as Upbeat U.S. Factory Data Powers Dollar Index to Nearly 5-Month High
2.4.2024
The U.S. factory activity unexpectedly expanded in March, data released Monday showed, sending the dollar index higher
Court Dismisses Custodia Bank’s Challenge Against Federal Reserve
31.3.2024
In a significant ruling, a federal judge has dismissed Custodia Bank Inc.’s claim for entitlement to a Federal Reserve master account, marking a setback for the Wyoming-based depository institution. Custodia Bank argued that the Federal Reserve Bank of Kansas City (FRBKC) was legally obliged...
Peter Schiff Warns of Severe Economic Repercussions, Highlights Inflation and Money Supply Concerns
30.3.2024
In a recent analysis, economist Peter Schiff draws stark comparisons between the current U.S. economic optimism and the prelude to the 2008 financial crisis. Schiff, leveraging his expertise, warns of impending financial turmoil, emphasizing the critical role of money supply in understanding...
Judge Rules Against Digital Asset Bank Custodia’s Bid for Federal Reserve Master Account
30.3.2024
Digital asset bank Custodia Bank has been denied a U.S. Federal Reserve master account by the United States District Court for the District of Wyoming.
The post Judge Rules Against Digital Asset Bank Custodia’s Bid for Federal Reserve Master Account appeared first on Cryptonews
Custodia Bank Loses Lawsuit Challenging Fed Rejection of Master Account Application
29.3.2024
A federal judge ruled that Custodia Bank, a Wyoming special-purpose depository institution, isn't entitled to membership in the Federal Reserve or to a Fed master account
Shiba Inu Price Prediction as SHIB Sees $1.7 Billion Trading Volume in 24 Hours – Are Bears Buying?
21.3.2024
SHIB has gained by 5% in the 24 hours, with the Shiba Inu price moving to $0.00002694 in reaction to the Federal Reserve's decision yesterday to keep rates unchanged.
The post Shiba Inu Price Prediction as SHIB Sees $1.7 Billion Trading Volume in 24 Hours – Are Bears Buying? appeared first...
FOMC Interest Rate Decision Signals All Clear For Bitcoin Bull Run
20.3.2024
The Bitcoin (BTC) bull run has clear skies above following the Federal Open Markets Committee (FOMC) interest rate decision on Wednesday.
The post FOMC Interest Rate Decision Signals All Clear For Bitcoin Bull Run appeared first on Cryptonews
Powell: Economy Progresses but Inflation Still ‘Too High’ to Adjust Benchmark Rate
20.3.2024
On Wednesday, March 20, 2024, the Federal Open Market Committee (FOMC) declared that there will be no change to the federal funds rate for the time being. The committee emphasized its intention not to lower the target rate until there is “greater confidence that inflation is moving...