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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...
MakerDAO Weighs Ditching $390M of Gemini Dollars from DAI Reserve
14.6.2023
The result could have a significant impact on Gemini and its stablecoin as MakerDAO’s reserve holds roughly 88% of total GUSD supply
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...
Best Crypto to Buy Now 13 June – Terra Luna Classic, GMX, Fantom
14.6.2023
The United States inflation rate has slowed down, with May recording a 4% rate--the lowest yearly figure since March 2021.
The drop in inflation may prompt the U.S. Federal Reserve to avoid raising interest rates during its upcoming Wednesday conference, prompting market observers to closely...
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...
Today in Crypto: US Inflation Falls, Apple Threatens Damus Removal, Ripple Hinman Documents Unsealed + More News
13.6.2023
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: US Inflation Falls, Apple Threatens Damus Removal, Ripple Hinman Documents Unsealed + More News
U.S. CPI Inflation Slows to 0.1% in May; Bitcoin Rises
13.6.2023
The news on consumer prices comes one day ahead of the results of the Fed's latest monetary policy meeting
Bitcoin, Ethereum Technical Analysis: BTC Above $26,000 Ahead of US Inflation Report
13.6.2023
Bitcoin rose above the $26,000 level on Tuesday, as markets prepared for the latest U.S. inflation figures. Consumer prices for May are expected to fall to 4.1% — double the Federal Reserve’s 2% target. Ethereum remained below $1,800. Bitcoin Ahead of the upcoming inflation report...
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
Crypto Catalyst Watch: What Might Move Markets This Week
12.6.2023
The Federal Reserve’s latest rate hike decision and U.S. inflation data are among key upcoming items
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...
SEC, CPI and a 'strong rebound': 5 things to know in Bitcoin this week
12.6.2023
Bitcoin faces a week full of potential price triggers — both up and down — as BTC price action drops below a major trend line
Economist Jim Rickards Predicts Unveiling of New BRICS Currency — Says ‘the World Is Unprepared for This Geopolitical Shock Wave’
11.6.2023
Jim Rickards, an economist and the author of “Currency Wars,” has predicted the unveiling of a new BRICS currency, stating that it “could weaken the role of the dollar in global payments and ultimately displace the U.S. dollar as the leading payment currency and reserve currency.” Emphasizing that...
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...
AI Chatbots Weigh In: Is Bitcoin Poised to Become a Global Reserve Currency?
10.6.2023
While some people believe that bitcoin (BTC) could become a global reserve asset, others are skeptical. Rather than relying on human subjective valuations and biases, we conducted an experiment to let artificial intelligence (AI) determine whether bitcoin could become a global reserve currency....
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...
De-dollarization: Is it really happening?
9.6.2023
In our latest Cointelegraph Report, we analyze the causes leading to the decline of the U.S. dollar as the world reserve currency and its potential implications
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...