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Desperate LUNA Investor Arrested, New Terra Network Announced, Davos Blockchain Talk, and More — Bitcoin.com News Week in Review
29.5.2022
From a desperate investor’s ill-advised visit to Terra co-founder Do Kwon’s house resulting in an arrest, the announcement of a new Terra network, and blockchain talk at Davos, to predictions of U.S. economic collapse if inflation isn’t reigned in quickly, there’s...
Russia Mulling Allowing Crypto for International Payments, Fed Vice Chair Sees Place for Digital Dollar, NFT Game Blocks Users in China + More News
27.5.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Russia Mulling Allowing Crypto for International Payments, Fed Vice Chair Sees Place for Digital Dollar, NFT Game...
Russia Mulls Crypto for Int'l Payments, Fed Vice Chair Sees Place for Digital Dollar, NFT Game Blocks Users in China + More News
27.5.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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____(Updated on May 28 at 04:30 UTC for space and clarity, also it was clarified that JPMorgan joined Elliptic's financing...
Fed Has ‘Limited Firepower’ for Rate Hikes, Current Expectations Already Priced in for Bitcoin - CoinShares
27.5.2022
The US Federal Reserve (Fed) has “limited firepower” to raise interest rates due to high oil prices and a threat of recession -- and this could lead to higher bitcoin (BTC) prices, the crypto research and investment firm CoinShares has said. Meanwhile, others also remain positive for...
Billionaire Bill Miller calls Bitcoin 'insurance' against financial catastrophe
27.5.2022
Miller said Bitcoin “functioned without the Fed and without any interference” during times of market turmoil, concluding that “it’s an insurance policy, the way I look at it.”
U.S. Fed Vice Chair Says Digital Dollar Would Take 5 Years to Launch
26.5.2022
Federal Reserve Vice Chair Lael Brainard said creating a central bank digital currency (CBDC) in the U.S. would likely take as long as five years. In a House Financial Services Committee hearing Thursday, Brainard also said a digital dollar probably shouldn't return interest to holders – a concern...
Bitcoin Sees Weakness at $29K as Traders Assess Fed Minutes
26.5.2022
Bitcoin dropped, then recovered, over a support level in the past 24 hours
Circle Asks US Fed Not to Step on Its Toes by Launching a Digital Dollar
25.5.2022
Circle Internet Financial weighs in to give a crypto industry view that the U.S. Federal Reserve should pass on launching its own digital dollar, arguing that it could strangle private-sector efforts such as Circle’s to manage their own dollar-based tokens
Billionaire Investor Bill Ackman Says Unless the Fed Aggressively Hikes Rates, Stock Market Could Crash, ‘Catalyzing an Economic Collapse’
25.5.2022
Billionaire hedge fund manager and founder of Pershing Square Capital Management, Bill Ackman, believes “inflation is out of control.” The investor thinks that if the Federal Reserve “doesn’t do its job” by applying “aggressive monetary tightening,”...
Bitcoin creeps toward $30K, but data shows bears in favor for Friday’s $1.8B BTC options expiry
25.5.2022
Traders are calling for a “relief rally” to $35,000, but derivatives data shows bears stand to profit from this week’s $1.81 billion BTC options expiry
First Mover Americas: Bitcoin Struggles to Hold $30K Ahead of Fed Minutes
25.5.2022
The latest moves in crypto markets in context for May 24, 2022
Low inflation or bust: Analysts say the Fed has no choice but to continue raising rates
24.5.2022
The Federal Reserve’s steady interest rate hikes have put stocks and crypto into bear market territory, but analysts worry about what happens if inflation still remains out of the “target range.”
Billionaire Ray Dalio Speaks in Davos — Says ‘Blockchain Is Great, but Let’s Call It Digital Gold’
24.5.2022
This week the world has been talking about the World Economic Forum (WEF) meeting in Davos, Switzerland, which started on May 22 and ends on May 26. At the event, Bridgewater Associates founder Ray Dalio spoke about today’s economy, the Federal Reserve, cash, and cryptocurrencies. Dalio...
Wall Street Says a Fed Digital Dollar Spells Destruction for Banks
24.5.2022
Wall Street bankers are arguing that the Federal Reserve launching its own digital dollar could crack the foundations of banking as we know it, according to letters that industry lobbyists sent to the U.S. central bank
Fed report finds most Americans who own crypto tend to be high income hodlers
23.5.2022
Only 12% of American adults used crypto in 2021, and the demographic gap between those who invested in it and those who used it in transactions was enormous
Fed Survey: 12% of US Adults Held Crypto in 2021
23.5.2022
It marks crypto’s first appearance in the central bank’s “Economic Well-Being of U.S. Households” survey
Altcoin prices briefly rebounded, but derivatives metrics predict worsening conditions
20.5.2022
Declining demand for Tether and negative futures premiums for altcoins reflect a growing disinterest from crypto investors
Biden's pick for Fed vice chair for supervision calls for congressional action on stablecoins
19.5.2022
Fed nominee Michael Barr said that the government agency potentially releasing a central bank digital currency was an issue that required “a lot more thought and study."
Fed Vice Chair Pick and Ex-Ripple Adviser Tells Senators Crypto Needs Regulation
19.5.2022
Former U.S. Treasury official and Ripple adviser Michael Barr fielded questions about crypto at his Senate nomination hearing
Bitcoin shakes of Fed volatility as analysts remain split on return under $24K
18.5.2022
Bitcoin could reach its highest since the Luna meltdown next, one trader argues, while others feel that the bottom is not yet in