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Fed inspector blames crypto focus, nepotism for Silvergate Bank collapse
3.10.2023
An investigation into Silvergate Bank found that its collapse was brought about by a dependency on crypto deposits and “ineffective” senior management
Fed Report: Silvergate Bank Got Fatally Ensnared in Crypto While Examiners Shrugged
2.10.2023
Silvergate Bank transformed from a community lender to a high-flying crypto bank without its Federal Reserve examiners raising an alarm, according to a report from the Federal Reserve’s Office of Inspector General (OIG), allowing the bank to take risks that would turn fatal
Robert Kiyosaki Expects Bitcoin to ‘Become Priceless’ When the Fed Launches Central Bank Digital Currency
1.10.2023
Rich Dad Poor Dad author Robert Kiyosaki has predicted that bitcoin will “become priceless” when the Federal Reserve launches a central bank digital currency (CBDC). He warned that privacy will be destroyed, emphasizing that “Big Brother will be watching.” The famous author...
Bitcoin’s inflation-hedge theory tested as rising interest rates bring turbulence to markets
29.9.2023
The losses on US Treasuries recently surpassed $1.5 trillion and the likely outcome is turbulent markets, but how will Bitcoin price fare?
Gold Hits Nine-Month Low as Bitcoin Climbs Amid Hawkish Fed Stance
29.9.2023
Gold prices are wrapping up the week by plummeting to a nine-month low, with the price per ounce descending to $1,858 on Thursday. Transitioning into Friday, gold is changing hands at $1,870 per ounce, marking a decline of 2.8% over the trailing five days. Concurrently, bitcoin (BTC) prices leaped...
Bitcoin to $27K next? One-week BTC price highs precede Fed's Powell
28.9.2023
Bitcoin clinches a BTC price boost as the latest U.S. macro data flows in, with all eyes on Powell next
JPMorgan CEO Warns of the Fed Raising Interest Rates to 7% With Stagflation
28.9.2023
JPMorgan Chase CEO Jamie Dimon has expressed concerns about the Federal Reserve potentially raising interest rates to 7% and that the U.S. economy could experience stagflation. “I am not sure if the world is prepared for 7%,” he stressed, adding that there is “a range of outcomes.”...
US Fed Reserve Banks State Stablecoins Could Inject Instability in Economy
27.9.2023
The United States Federal Reserve Banks of Boston and New York have published a data-driven report that delves into the potential impact of stablecoins on the broader economic landscape.
In the 49-page report titled "Runs and Flights to Safety: Are Stablecoins the New Money Market," stablecoins...
Three Reasons Why Bitcoin (BTC) Could Be About to Fall Back to $20,000
26.9.2023
Despite sharp downside in the US stock market on Tuesday amid a fresh push higher in long-dated US yields to new multi-decade highs as traders pricing in a policy of higher interest rates for longer from the US Federal Reserve, Bitcoin (BTC) continues to hold up relatively well.
It was last...
Bitcoin exchange volume tracks 5-year lows as Fed inspires BTC hodling
26.9.2023
Bitcoin spot exchange trading volumes have disintegrated since March, while BTC price action has gone barely anywhere, research shows
Marathon CEO Fred Thiel Warns About Fed Losing Its Weapons to Fight Inflation During Upcoming Period of Fiscal Dominance
26.9.2023
Fred Thiel, CEO of Marathon Digital Holdings, a Nasdaq-listed Bitcoin mining company, has warned about the future of the U.S. economy and the consequences of the Federal Reserve’s current monetary policy. Thiel noted the possibility of an upcoming period of fiscal dominance, in which...
Bitcoin price at risk? US Dollar index confirms bullish 'golden cross'
26.9.2023
Concerns over the U.S. dollar's impact on Bitcoin may be overstated by investors, particularly in the longer term
Bitcoin Price Set to End Third Quarter With 15% Loss, But BTC Traders Are Preparing For 2024 Pump
25.9.2023
Bitcoin (BTC) is set to end the third quarter of 2023 with losses of around 15%, its worst quarterly performance since the final quarter of 2022, when the cryptocurrency also lost 15%, as per currencyrush.com.
The world’s largest cryptocurrency by market capitalization, which had a market...
Bitcoin Price Prediction: BTC Under $27K amid Fed's Stance, Options Expiry, & ETF Awaits
25.9.2023
Bitcoin (BTC) was unable to maintain its upward rally from the previous week and remained below the $27,000 mark on Monday.
In fact, the overall cryptocurrency market was valued at $1.04 trillion at the time of this report, indicating a 1.08% drop in the past 24 hours.
However, this dip came...
Bitcoin fails to recoup post-Fed losses as $20K BTC price returns to radar
22.9.2023
Bitcoin is a bargain for some at current levels, but downside BTC price predictions remain firmly on the agenda
Bitcoin Price Prediction: Fed's Stance, ETF Approval, & Yuan's Impact on BTC
22.9.2023
Bitcoin (BTC), the world's largest cryptocurrency, experienced a dip on Friday as it failed to maintain its upward momentum and dropped below $27,000.
Jerome Powell's statement about possible interest rate hikes caused a 1.5% decrease in the global crypto market to $1.06 trillion.
Bitcoin...
Biggest Crypto Gainers Today on DEXTools – GOLD, BOMBER, MEMBOT
21.9.2023
Blue chip cryptocurrency markets are under pressure on Thursday, with Bitcoin (BTC) having dropped more than 2% to the mid-$26,000s and Ether (ETH) down 2.5% under $1,600.
Reports that long-defunct cryptocurrency exchange MtGox will delay repayments for another year to 2024 have failed to boost...
Bitcoin, Ethereum Technical Analysis: ETH Hits 1-Week Low, BTC Extends Declines on USD Strength
21.9.2023
Bitcoin fell below the $27,000 level on Thursday, as markets reacted to the latest Federal Reserve interest rate decision. As expected, the Fed opted to keep rates unchanged at 5.5%, whilst hinting at one additional raise in the current cycle. The dollar strengthened across the board following...
Fed Leaves Interest Rates Unchanged, But More Hikes Still on the Table - Here is How Bitcoin (BTC) Reacted
20.9.2023
As expected, the Federal Reserve (Fed) left benchmark interest rates in the US unchanged at 5.25-5.5% on Wednesday.
Bitcoin (BTC) fell just over 1% and was last trading just under $27,000, though still remains fairly close to monthly highs.
Despite the pause, Fed Chairman Jerome Powell said...
Bitcoin price tests $27K support as Fed holds interest rates at FOMC
20.9.2023
Bitcoin weathers the Fed's decision to keep rates at their previous levels, while Chair Jerome Powell reveals the potential for another hike to come this year