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Bitcoin price is ‘likely starting the next push up’ if $42K holds as support
17.2.2022
Multiple technical indicators suggest that BTC is preparing for a breakout, despite concerns about rising inflation and conflict in Ukraine
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%...
Bitcoin on-chain data hints at institutions 'deploying capital' at expense of 'hodlers'
12.2.2022
On-chain metrics detect strong "sophisticated passive buying" on spot exchanges and a rise in the movements of Bitcoin to whale wallets
How Raising Interest Rates Curbs Inflation – and What Could Possibly Go Wrong
11.2.2022
Rodney Ramcharan, Associate Professor of Finance and Business Economics, the University of Southern California.________
After about three decades of relatively low inflation, consumer prices are skyrocketing again in the US. ...
Read More: How Raising Interest Rates Curbs Inflation – and What...
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...
MIT, Boston Fed give digital dollar CBDC a modest test run
11.2.2022
Blockchain-based architecture was deemed “not a good match” as researchers weighed several technological designs
Bitcoin's 30% recovery in two weeks has BTC whales back in accumulation mode
11.2.2022
The number of Bitcoin addresses holding at least 1,000 BTC has risen in recent weeks
Analysts say Bitcoin’s range-bound trading at a key support level reflects a trend reversal
10.2.2022
BTC’s journey into the $43,000 to $46,000 price range could be another sign that the multi-month correction has ended
US Inflation Jumps to 7.5%, CPI Climbs at Fastest Rate in 40 Years, Citizens See Little Wage Growth
10.2.2022
Inflation in the United States continues to rise as it climbed at its fastest rate in 40 years since February 1982. Statistics from the U.S. Labor Department’s Consumer Price Index (CPI) jumped 7.5% higher than it was a year ago. US Inflation Continues to Surge On Thursday, the U.S. Labor...
US Federal Reserve bank at the helm of CBDC research effort appoints new president
10.2.2022
Susan M. Collins is set to become the first Black woman to head a Federal Reserve Bank
Avalanche correction risk rises after AVAX price soars 80% from January lows
8.2.2022
Strong network growth underpins AVAX's recent price gains, but a multi-month technical pattern continues to pose downside risks for the Avalanche token
Rich Dad Poor Dad’s Robert Kiyosaki Says the Fed and Treasury Are Destroying the Dollar, Advises Saving Bitcoin
6.2.2022
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has warned that the Federal Reserve and the Treasury are destroying the U.S. dollar. Noting that they are sending billions of dollar savers and uninformed investors to “financial hell,” he advised...
Ethereum eyes $3.5K as ETH price reclaims pandemic-era support with 40% rebound
5.2.2022
Ethereum price is back above its 50-week exponential moving average, a credible support level from the 2020-2021 market boom
Federal Reserve Bank of Boston and MIT Release Central Bank Digital Currency Research and Open-Source Code
5.2.2022
The Federal Reserve Bank of Boston and the Massachusetts Institute of Technology (MIT) have jointly published the initial findings of their central bank digital currency (CBDC) research. They also published the open-source code for the CBDC project. Boston Fed and MIT Publish Initial Findings...
Fed and MIT's CBDC research: Distributed Ledger tech has ‘downsides’
4.2.2022
The researchers published results from “Project Hamilton,” which was first announced in 2020 to explore the use of existing and new tech to build and test a hypothetical CBDC platform