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All Eyes on US Congress as Fed Chair Powell Prepares for First Comments Since Ukraine War Began
2.3.2022
US Federal Reserve chairman Jerome Powell is scheduled to testify before Congress on Wednesday and Thursday this week, with market participants in both crypto and traditional markets now eagerly awaiting his first comments on the economy after the war in Ukraine broke out....
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Ukraine Adds to Fed Chair's List of Worries Before His Congressional Testimony
1.3.2022
Jerome Powell is facing questions from lawmakers on Wednesday and Thursday for his semiannual monetary policy update to U.S. lawmakers
US Inflation Could Be Worse Than Expected, Goldman Sachs Says — Atlanta Fed President Favors 25 BPS Rate Hike
1.3.2022
While the conflict in Ukraine is a hot topic, fears of rising inflation continue to haunt Americans residing in the country, as economists and analysts note U.S. inflation will likely remain high. Inflation is likely going to be worse than initially feared this year, Goldman Sachs explained in...
Crypto Community Discusses Warfare in Ukraine, Importance of Crypto, and the Future of Bitcoin
24.2.2022
During the course of the early morning trading sessions on Thursday (EST), 24-hour statistics show the crypto economy dropped more than 11% in value against the U.S. dollar. While the leading crypto asset bitcoin shed close to 10%, a myriad of alternative digital assets lost close to 20% in value....
Bitcoin Falls 7% as Russia Invades Ukraine; Experts Say Fed U-Turn on Rate Hikes Unlikely
24.2.2022
Some observers said Fed's tightening cycle is likely to be much shallower than expected
Fed Bans Senior Officials From Cryptocurrency Investing
19.2.2022
The Federal Reserve has banned its senior officials from investing in cryptocurrency. “Officials covered by the new rules will have 12 months from the effective date of the rules to dispose of all impermissible holdings,” said the Federal Open Market Committee. Senior Federal Reserve...
Fed's Lael Brainard hints at US playing a lead role in development of CBDCs
18.2.2022
“A U.S. CBDC may be one ... way to ensure that people ... can ... rely on ... U.S. currency to ... conduct business," said Brainard
Fed senior officials will soon not be allowed to trade crypto, stocks, and bonds
18.2.2022
The rules were intended to “support public confidence in the impartiality and integrity of the Committee's work by guarding against even the appearance of any conflict of interest.”
US Senator Lummis Thinks ‘Bitcoin Is Something That the Fed Should Hold on Its Balance Sheet’
18.2.2022
Cynthia Lummis, the U.S. Republican senator from Wyoming, believes the Federal Reserve should consider holding bitcoin on its balance sheet. Speaking on the Orrin G. Hatch Foundation’s crypto webinar panel, Lummis said that once a regulatory policy is in place it “will make a lot...
Crypto 'best place' to store wealth during Fed rate hike: Pantera CEO
18.2.2022
"I think when all’s said and done, investors will be given a choice: they have to invest in something, and if rates are rising, blockchain is going to be the most relatively attractive," said Dan Morehead
Bitcoin extends decline below $42K ahead of fresh Fed comments on inflation
17.2.2022
Short-term Bitcoin price action looks unappetizing thanks to a macro cocktail of downward triggers
Bitcoin 'whales' and 'fishes' pause accumulation as markets weigh March 50bps hike odds
17.2.2022
If Bitcoin benefited from quantitative easing, will it be hurt by quantitative tightening?
Bitcoin briefly dips below $43K as Fed says rate hike 'soon appropriate'
17.2.2022
The odds are on for a March rate increase after Wednesday's FOMC minutes, but stocks also fear geopolitical instability this week
US Senate Banking Chief Criticizes Super Bowl Crypto Ads, Claims ‘Big Crypto Companies Are Desperate’
16.2.2022
The United States senator from Ohio and Senate Banking Committee chief Sherrod Brown is not a fan of cryptocurrencies. This week during Tuesday’s stablecoin hearing, Brown criticized all the cryptocurrency companies who advertised during the Super Bowl this past weekend and stressed that...
Bitcoin dips before Fed rate hike cues amid warning over $9T balance sheet
16.2.2022
Reducing the balance sheet may spark bigger Bitcoin losses than a rate hike, one analyst warns
Fed never did it: US Senate Banking head lashes out at Super Bowl crypto ads
16.2.2022
The lawmaker claimed that crypto is not real money and companies splurging millions on advertisements proves that
St. Louis Fed President Says Central Bank’s ‘Credibility Is On the Line’ as US Inflation Surges
16.2.2022
Inflation continues to grip American wallets, according to a recent economic analysis from Moody’s Analytics, which shows inflation is likely costing the average U.S. household between $250 to $276 per month. Meanwhile, the U.S. Federal Reserve is expected to raise the benchmark interest...
Concerns over Fed nominee may stop Senate from confirming Biden's picks: report
15.2.2022
Republicans are reportedly calling for a boycott of voting on nominees to the Federal Reserve related to allegations Sarah Bloom Raskin lobbied the president of the Kansas City Fed on behalf of fintech firm Reserve Trust
Bitcoin Rises with All Eyes on Ukraine, Fed’s Next Move
15.2.2022
The price of bitcoin (BTC) has been on the rise since the beginning of the week, with traders now keeping an eye on developments in Ukraine, as well as on the US Federal Reserve’s (Fed) next move to combat high inflation.
At 10:26 UTC on Tuesday morning, BTC traded at USD 44,137, up 4.5%...
Crypto Market Braces for Volatile Week Ahead of Fed’s ‘Emergency Meeting’
11.2.2022
The US Federal Reserve (Fed) is set to hold an unscheduled meeting on Monday to discuss interest rates, described by some as an “emergency meeting” and others as a fairly “regular occurrence.” Regardless, the Fed’s unexpected notice has sparked debate in the crypto community over whether...