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Bitcoin Price Prediction as Federal Reserve Interest Rate Decision is Announced – Time to Buy?
26.7.2023
Amidst the US Federal Reserve's latest policy meeting on Wednesday, Bitcoin price finds itself in a consolidation phase near the $29,300 mark.
The much-anticipated announcement revealed a 25 basis points (bps) increase in the policy rate, setting the federal funds rate within the range of 5.25%...
Federal Reserve Hikes Fed Funds Rate by 25 Basis Points
26.7.2023
The move was fully anticipated by market participants who will now look to Chairman Jerome Powell’s imminent post-meeting press conference for clues about whether the central bank intends to continue tightening monetary policy
Bitcoin gets $28K 'plunge protection' with BTC price due new volatility
26.7.2023
Bitcoin traders are predicting flash BTC price moves despite almost unanimous market predictions as to what the Fed will do next
Debt is GOOD for Bitcoin?? Shocking insights revealed
25.7.2023
Cointelegraph analyst and writer Marcel Pechman explains why debt might be good for Bitcoin, and discusses JPMorgan’s method for trading debt instruments
Fed Preview: Crypto Observers See Powell Keeping Door Open for Rate Hikes Beyond July
25.7.2023
A 25 basis point rate hike on Wednesday is a foregone conclusion. The question is whether the Fed will continue to raise rates in subsequent months
Fresh Speculation Arises as US Federal Reserve Debuts FedNow Instant Payments Service
24.7.2023
The US Federal Reserve recently unveiled the FedNow Service system to facilitate instant payments; however, experts warn that the system might become a precursor to the infrastructure for a central bank digital currency (CBDC)....
Read More: Fresh Speculation Arises as US Federal Reserve Debuts...
Bitcoin, Ethereum Technical Analysis: BTC Nears Breakout Below $29K, With Key US Economic Events Looming
24.7.2023
Bitcoin neared a breakout below the $29,000 level on Monday, as traders prepared for this week’s Federal Reserve rate decision. In addition to the Fed meeting, consumer confidence data will also be released from the United States. Ethereum hit a three-week low. Bitcoin Bitcoin (BTC) was...
Biggest mining difficulty drop of 2023? 5 things to know in Bitcoin this week
24.7.2023
Bitcoin begins to fulfil traders' downside targets as BTC price action retraces its steps in a crucial macro week
Congressman Warren Davidson calls to ban and criminalize CBDCs
24.7.2023
“Money should not be programmable by a central authority,” argues Republican Representative Warren Davidson
Federal Reserve of San Francisco hiring crypto architect for CBDC project
23.7.2023
San Francisco's Federal Reserve Bank is seeking a crypto architect for a central bank digital currency (CBDC)
End of Fed’s Tightening Cycle: Bernanke, Majority of Polled Economists See Terminal Rate Hike Ahead
23.7.2023
With just a four-day window to go, the U.S. Federal Reserve appears primed to raise the federal funds rate by 25-basis-points (bps) at the forthcoming Federal Open Market Committee (FOMC) meeting scheduled for Wednesday. The market presently maintains the conviction that this quarter-point uptick...
Federal Reserve’s ‘FedNow’ Launch Triggers Fresh Speculation Over Digital Dollar
21.7.2023
The U.S. Federal Reserve denies that its new instant payments service, FedNow, is in any way tied to the digital asset space. But experts say the new system could lay the groundwork for the infrastructure needed for a potential central bank digital currency (CBDC) in the U.S. And so this week’s...
Federal Reserve Launches Fednow for Instant Payments — JPMorgan, Wells Fargo, and 33 Banks Onboard
21.7.2023
The Federal Reserve has launched its Fednow Service for instant payments with 35 participating banks and credit unions, as well as 16 service providers. “The Federal Reserve is committed to working with the more than 9,000 banks and credit unions across the country to support the widespread...
Fed Dramatically Speeds Up U.S. Payments With 'FedNow' Service, but Downplays Any Tie to CBDCs
20.7.2023
Some argue it would weaken crypto’s payments use case or form a bridge to a digital dollar
FedNow Service has no relation with CBDCs, Federal Reserve clarifies
20.7.2023
The Federal Reserve certified the FedNow Service as “ready,” after it onboarded 41 financial institutions, 15 service providers and the U.S. Department of the Treasury to test out the system, before its launch by the end of July 2023
Bitcoin Remains Under Pressure Below $30K Following U.S. Retail Sales Numbers
18.7.2023
Thursday's rally to a new 13-month high of $31,800 has now more than been fully nullified
Crypto Catalysts: Investors to Weigh Jobs, Retail Sales, Production Data for Latest Inflation Signals
17.7.2023
The jobs market remains strong, a concern for the U.S. central bank which seems intent on raising the Federal Funds rate 25 basis points
BTC traders brace for $30K loss — 5 things to know in Bitcoin this week
17.7.2023
BTC price performance is getting market participants worried in the short term, but the signs of wider Bitcoin accumulation are there
‘Done, Dead’ — DeSantis to Nix Central Bank Digital Currency on Day 1
16.7.2023
Central bank digital currency (CBDC) is a “massive threat” to liberty, Republican Governor of Florida Ron DeSantis is convinced. During an interview with former Fox News host Tucker Carlson, DeSantis vowed to send CBDC “to the ash heap of history” if he is elected President of the United States....
Experts Warn of Impending Recession in the US as Survey Reveals 59% Chance by July 2024
14.7.2023
A recently published survey by Bankrate reveals that there is a 3-in-5 likelihood of a recession occurring in the United States within the next year. Bankrate’s survey of economists firmly indicates that the chances of a recession taking place in the U.S. are greater than the chances of...