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In Conversation With the Federal Reserve Chief Innovation Officer
16.6.2022
I had the pleasure of speaking with the Federal Reserve System’s Sunayna Tuteja at Consensus 2022 in Austin, Texas, last week about the U.S. central bank’s philosophical approach to innovation at large. You can watch and read the conversation below
US Central Bank Hikes Benchmark Rate by 75 bps, Fed’s Largest Increase Since 1994
15.6.2022
The U.S. Federal Reserve raised the federal funds rate by 75 basis points (bps) on Wednesday, and it was the largest increase since 1994. According to the Fed member’s expectations, the central bank will likely add another 1.5 percentage points by the year’s end. Fed Hikes Rate by...
Bitcoin price climbs to $22.5K after Fed 75 basis point hike aims to cap runaway inflation
15.6.2022
BTC and altcoins generated nominal gains after the Federal Reserve raised the benchmark interest rate by 0.75%, the largest hike in 28 years
Fed Raises Rates by 75 Basis Points
15.6.2022
On Wednesday, the US Federal Reserve (Fed) raised rates by 75 basis points, in line with most analysts’ forecasts. (This is a developing story and is being constantly updated.)
“[…] the Committee decided to raise the target range for the federal funds rate to 1‑1/2 to 1-3/4 percent...
Bitcoin bounces 8% from lows amid warning BTC price bottom 'shouldn't be like that'
15.6.2022
Hodlers catch their breath as markets digest the prospect of higher Fed rate hikes, but traders refuse to believe that Bitcoin is done dropping
Bitcoin, Ethereum Technical Analysis: ETH, BTC Remain Lower Ahead of Federal Reserve Rate Decision
15.6.2022
ETH was close to falling below $1,000 on Wednesday, as markets began to prepare for the latest Fed policy meeting. Many expect that the FOMC will opt to hike interest rates today, as inflation continues to peak. BTC was also lower, hovering slightly above $20,000. Bitcoin BTC was hovering...
Ethereum crashed by 94% in 2018 — will history repeat with ETH price bottoming at $375?
14.6.2022
ETH's latest plunge could bring more pain despite expectations that $1,200 should hold
Bitcoin, Ethereum & Crypto Test New Lows as Market Braces for Bigger Rate Hike on Wednesday
14.6.2022
The cryptoasset market crash continued on Tuesday, with bitcoin (BTC) falling to as low as USD 20,800 before trimming some of its losses. The significant selloff came as the market braces for the possibility of an unusual 75 basis point rate hike from the US Federal Reserve (Fed) this...
JPMorgan Economist Expects the Fed to Hike Benchmark Rate by 75 bps as Global Markets Bleed
14.6.2022
The U.S. Federal Reserve is expected to raise the federal funds rate during its next meeting on Wednesday and JPMorgan economist Michael Feroli believes that rising inflation will push the Fed to increase the rate by 75 basis points (bps). Last week, CME Group data indicated the market priced in...
Bitcoin, Ethereum & Crypto Dive as Celsius Adds Fuel to the Fed Fire This Week
13.6.2022
The bitcoin (BTC) and crypto market came under heavy selling pressure on Monday, fueled by fears in nearly all global risk markets related to high inflation and what the US Federal Reserve (Fed) might do to tame it. At the same time, the drama surrounding crypto lending platform Celsius (CEL)...
Ethereum price enters 'oversold' zone for the first time since November 2018
12.6.2022
Ether's price rebounded by nearly 400% after its RSI turned oversold the last time. Will this time be different?
This Is Why Fed Might Attack Inflation More Aggressively
12.6.2022
Veronika Dolar, Assistant Professor of Economics, SUNY Old Westbury._______
Inflation surged at the fastest pace in over 40 years in May 2022, pushing the Federal Reserve toward a more aggressive pace of interest rate increases to slow it down. While there’s concern it could cause unemployment...
Axie Infinity: AXS price risks deeper losses despite 90% drawdown already
11.6.2022
Interestingly, an AXS technical setup also predicts a 2,500% price rally despite the token facing major headwinds ahead
US Inflation Spiked 8.6%, Highest in 40-Years — Economist Says We’re Not ‘Seeing Any Signs That We’re in the Clear’
11.6.2022
After April’s consumer price index (CPI) report was published, a number of American economists and bureaucrats said that inflation had peaked and it was possible that inflation would subside. However, statistics from the U.S. Labor Department indicate the CPI increased 8.6% from a year...
US central bank digital currency commenters divided on benefits, unified in confusion
8.6.2022
Like a Rorschach ink blot, the Federal Reserve Board’s CBDC discussion paper provided stakeholders with an opportunity to find what they wanted to see in it
US Crypto Bank Custodia Sues the Fed Over Delayed Master Account Application Processing
8.6.2022
US digital asset-focused bank Custodia has filed a lawsuit against the Federal Reserve (Fed) Board of Governors and the Federal Reserve Bank of Kansas City, accusing the two institutions of “unlawfully” delaying its application for a master account with the Fed for 19 months....
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Crypto bank Custodia sues the Fed over 19 month delay on account approval
8.6.2022
Custodia wants to compel the Federal Reserve Board and its Kansas City branch to approve its application for a Fed master account within 30 days
Crypto Bank Custodia Sues Federal Reserve
8.6.2022
The bank founded by Morgan Stanley veteran Caitlin Long filed suit against the U.S. central bank for delaying a decision on its application for a master account
Sold your SOL? Solana price eyes 35% jump as two technical signals flip bullish
7.6.2022
Solana's nearly 80% year-to-date decline is likely to follow up with some relief rallies, technicals suggest
BNB price risks 40% drop as SEC launches probe against Binance
7.6.2022
Downside risks for BNB also come from a recent Reuter exposé that claims Binance laundered "at least $2.35 billion in illicit funds."