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Fed Pauses Interest Rates After 10 Consecutive Hikes; Committee Likely to Raise Rates ‘Somewhat Further’ This Year
14.6.2023
In accordance with market predictions, the U.S. Federal Reserve decided to halt its rate hike this month after ten consecutive hikes since last year. The members of the Federal Open Market Committee (FOMC) asserted that the U.S. banking system is still “sound and resilient,” and...
Fed Leaves Policy on Hold, Ending Long String of Rate Hikes
14.6.2023
The U.S. central bank signaled it might restart rate hikes in coming months if inflation doesn't continue to recede
Today in Crypto: Fed Keeps Rate Unchanged, Strike Goes to Mexico, Binance and SEC to Negotiate on Asset Freeze, Arbitrage Bot Profits $3 + More News
14.6.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Fed Keeps Rate Unchanged, Strike Goes to Mexico, Binance and SEC to Negotiate on Asset Freeze, Arbitrage...
Bitcoin stays flat at $26K after PPL data as markets await Fed's Powell
14.6.2023
BTC price action shrugs off the latest signs that inflation is receding, with Bitcoin traders focused on Fed comments
Bitcoin, Ethereum Technical Analysis: BTC, ETH Remain Oversold Ahead of Today’s Fed Rate Decision
14.6.2023
Bitcoin fell below a key resistance level on Wednesday, as markets prepare for the upcoming U.S. Federal Reserve interest rate decision. It is expected that the Fed will keep interest rates unchanged at 5.25%. Ethereum remained below $1,800 in today’s session. Bitcoin Bitcoin traded below...
First Mover Americas: Bitcoin Traders Await Fed Decision
14.6.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for June 14, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Fed Preview: Bitcoin Market Skews Bearish as Analysts Anticipate 'Hawkish Rate-Hike Pause'
14.6.2023
Options market shows a bias for puts, or bearish bets, tied to bitcoin ahead of the pivotal Fed meeting
Bitcoin Price Prediction and Potential Breakout; Eyes on FOMC and Fed Rate
14.6.2023
The most prominent cryptocurrency, Bitcoin, is currently being closely monitored for potential price predictions and breakout opportunities.
Traders and investors are eagerly awaiting the upcoming Federal Open Market Committee (FOMC) meeting and Fed Rate announcement, as these events have...
Bitcoin Hover Near $26,000 Ahead of Key Fed Policy Announcement – Here’s How the BTC Price Might React
14.6.2023
The Bitcoin (BTC) price is hovering close to $26,000, well within its recent intra-day ranges in the lead-up to Wednesday’s key US Federal Reserve policy announcement.
The US central bank is expected to pause its cycle of aggressive interest rate hikes that began last March and have seen the bank...
Bitcoin Seesaws Back Under $26K After CPI, as Investors Await Fed Rate Hike Decision
13.6.2023
The U.S. central bank now seems increasingly likely to suspend its more than year-long campaign of interest rate hikes. An analyst flags recessionary concerns in a note to CoinDesk
US Inflation Cools to 4% Annual Rate, Setting Stage for Fed’s Decision on Interest Rates
13.6.2023
The U.S. Bureau of Labor Statistics’ consumer price index (CPI) report, released on Tuesday, reveals that inflation in the United States has eased to a yearly rate of 4%. The latest development arrives just ahead of the upcoming Federal Open Market Committee (FOMC) meeting scheduled for June...
Bitcoin price rejects CPI boost as market Fed rate pause odds near 95%
13.6.2023
Bitcoin falls back in line almost immediately after closing the weekend's CME futures gap near $26,500
ChatGPT-Style Crypto App Sets AI Loose on Fed Rate-Bitcoin Price Relationship
13.6.2023
The team behind Hong Kong-based Chain of Demand has built investment analytics engines for financial institutions and data providers like Bloomberg
Bitcoin, Ethereum Technical Analysis: Ethereum Nears $1,700 Breakout, as BTC Braces for Fed Rate Decision
12.6.2023
Bitcoin started the week trading marginally below the $26,000 level, ahead of a key week of economic events. The headline being the upcoming U.S. Federal Reserve meeting. Ethereum remains below $1,800 ahead of this week’s rate decision. Bitcoin Bitcoin (BTC) continued to trade around...
Economist Peter Schiff Says the Fed Destroyed US Banking System — ‘It’s Insolvent’
11.6.2023
Economist Peter Schiff says the U.S. banking system is insolvent. He stressed that the Federal Reserve destroyed the U.S. banking system, citing near-zero interest rates at banks while “the Fed funds rate is 5.25% and the real inflation rate is much higher.” Schiff previously warned...
Custodia's Suit Against Fed Over Denial of Master Account Can Proceed, Court Rules
10.6.2023
Custodia's challenge of the Federal Reserve Bank of Kansas City's decision to deny the crypto-friendly bank access to the Fed banking services can continue, a U.S. district court ruled Thursday, rejecting a Fed motion to dismiss the case. The U.S. District Court of Wyoming, however, did reject...
US court rejects Fed's motion to dismiss Custodia Bank case
9.6.2023
Digital asset bank Custodia sued the Fed in June 2022, claiming an “unlawful delay” in processing an application for its master account
IMF Urges Fed to Maintain Tightening Policy Amid Inflation Concerns, Citing ‘Challenges’ Ahead
9.6.2023
On Thursday, International Monetary Fund (IMF) spokesperson Julie Kozack urged the U.S. Federal Reserve and several other central banks to maintain a restrictive monetary policy known as tightening. Kozack stated that the U.S. central bank may need to keep the federal funds rate higher “for...
Bitcoin, Ethereum Technical Analysis: BTC Moves Higher, as Traders Prepare for Next Week’s Fed Meeting
9.6.2023
Bitcoin edged marginally higher on Friday, as traders began to shift their attention to next week’s Fed meeting. Many are expecting that the Federal Reserve will keep rates unchanged for the first time in over a year. Ethereum remains above a floor at $1,830. Bitcoin Bitcoin (BTC) moved...
Bitcoin Reverses Post-US Jobs Data Upside as SEC Chair Gensler Lambasts Crypto Indsutry – Where Next for BTC Price?
8.6.2023
Bitcoin saw a small pop this morning on weaker-than-expected weekly initial jobless claims, rising from under $26,500 to at one point above $26,800.
Claims jumped to 261,000 last week, up from 233,000 a week earlier, marking the second-highest reading of the year.
While 261,000 initial claims...