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Federal Reserve Bank President Pushes for Faster Rate Hikes — Says the Fed Risks Losing Credibility on Inflation Target
21.3.2022
The president of the Federal Reserve Bank of St. Louis, James Bullard, has called for more aggressive measures to combat inflation and reduce the size of the Fed’s balance sheet. “The burden of excessive inflation is particularly heavy for people with modest incomes and wealth and...
Idea to Use Digital Ruble as Reserve Currency Circulated in Sanctioned Russia
20.3.2022
A call to make the digital ruble a reserve currency has been issued in the State Duma, the lower house of Russia’s parliament. Meanwhile, concerns have been raised in the West that the new incarnation of the Russian fiat may be employed to evade sanctions that have been isolating...
Fed Can’t Stop Prices From Going Up Anytime Soon, But There’s Good News, Too
18.3.2022
Jeffery S. Bredthauer, Associate Professor Of Finance, Banking and Real Estate, University of Nebraska Omaha.____
The Federal Reserve has begun its most challenging inflation-fighting campaign in four decades. And a lot is at stake for consumers, companies and the U.S. economy....
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Bitcoin Holds Above $40K as Market Adjusts to Higher Rates From Federal Reserve
17.3.2022
At the current level, the crypto has gained about 3% for the week
NFT Weekly Sales Volume Improves Jumping 17% Higher Than the Week Prior
17.3.2022
After cryptocurrency assets jumped in value this week, following the Federal Reserve’s rate hike on Wednesday, non-fungible token (NFT) weekly sales volume data shows an improvement from last week’s sales metrics. At the time of writing, in terms of seven-day sales volume,...
Freezing Russian Reserve Assets Marks End of Monetary Regime; Gold, Bitcoin to Rise – Arthur Hayes
17.3.2022
The world’s current monetary regime effectively ended with the freezing of Russian foreign reserves by Western governments on February 26. In the new era, central banks will no longer save reserves in Western fiat currencies -- instead, turning to gold and bitcoin (BTC) as their preferred...
Bitcoin & Crypto Market Rises After US Rate Hike, Future Role of US Dollar in Focus
17.3.2022
The price of bitcoin (BTC), ethereum (ETH), and most other cryptoassets moved higher today, after the US Federal Reserve (Fed) yesterday raised rates for the first time since 2018, and a discussion about bitcoin’s role in a future monetary regime re-emerged.
As of Thursday at 16:00 UTC,...
Bitcoin, Ethereum Technical Analysis: ETH up to 2-Week High Following Fed Rate Hike
17.3.2022
Ethereum climbed to a two-week high on Thursday, as markets continued to react to yesterday’s Fed decision. As expected, the Federal Reserve increased interest rates by 0.25%, whilst providing forward guidance for future hikes. BTC was once again trading above $40,000. Bitcoin BTC...
Avalanche price can double by summer as AVAX's 20% weekly rally rekindles 'bull flag'
17.3.2022
But a near-perfect correlation between Avalanche and Bitcoin so far this year could spoil the bullish outlook
RBI Crypto: Indian Government Says Central Bank Has No Plan to Issue Cryptocurrency
17.3.2022
The Indian government has told parliament that it does not have a plan to issue cryptocurrency to be regulated by the central bank, the Reserve Bank of India (RBI). The government also clarified that India’s central bank digital currency (CBDC), that the RBI will launch this financial year...
Fed Hikes Benchmark Bank Rate for the First Time Since 2018, FOMC Expects 6 More Increases
16.3.2022
On Wednesday, the Federal Open Market Committee (FOMC) and Fed chair Jerome Powell held a press conference concerning the American economy, the central bank’s plans to address inflation, and the ongoing Russia-Ukraine war. Powell announced that the FOMC decided to increase the benchmark bank...
Fed Raises Interest Rate by 25 Basis Points in First Rate Hike Since 2018
16.3.2022
The US Federal Reserve (Fed) raised interest rates by 25 basis points today, marking the first rate hike in the US since before the COVID-19 pandemic. The increase was in line with what the central bank has long communicated to the market that it would do. (This is a developing story and...
Bitcoin, Ethereum Technical Analysis: BTC Back Above $40,000, ETH Eyes $3,000 as Fed Meeting Looms
16.3.2022
Following days of consolidation, bitcoin rallied above $40,000 on Tuesday, which comes as markets prepare for today’s Fed meeting. ETH also climbed, moving away from its recent support point in the process. Bitcoin BTC finally broke out of its recent streak of price consolidation on Tuesday...
Biden's pick for Fed vice chair for supervision withdraws amid Republican objections
15.3.2022
“We are witnessing a drive to make financial risk a tawdry political issue," said Sarah Bloom Raskin
Bitcoin Consolidates as Fed Starts Two-Day Meeting
15.3.2022
Bitcoin (BTC) trimmed some of its losses from earlier in the day on Tuesday as market participants turned their focus to the expected interest rate hike by the US Federal Reserve on Wednesday.
At 16:56 UTC, the price of BTC stood at USD 39,199, up a mere 0.7% for the past 24 hours and 3%...
Bitcoin risks final 'bear market capitulation' as rich investors continue BTC selloff — analyst
15.3.2022
But more inexperienced investors have been choosing to become long-term Bitcoin holders, limiting sell-side risks below $30,000
BTC price struggles below $39K ahead of expected interest rate hike by the Fed
14.3.2022
Bitcoin consolidates below $39,000 as one trader warns about a possible squeeze on the daily chart, while a nine-year support level continues to hold strong
Investors Predict Fed to Hike Rates This Week — Reactions From Crypto, Stocks, Gold Market Expected
14.3.2022
The U.S. central bank is expected to raise its target fed funds rate on Wednesday for the first time since the onset of the pandemic. Analysts and economists are hyper-focused on this key event, as the Russia-Ukraine conflict continues in Europe. If the Federal Reserve decides to increase the rate...
Bitcoin: Gold 2.0? Try Reserve Asset 3.0
13.3.2022
The conflict between Russia and Ukraine is beginning to send ripples through the global economy that could lead to a new monetary system
Bitcoin Exchange Reserves Drop to Lowest Point in 3 Years
12.3.2022
The number of bitcoin held on exchanges has continued to drop in recent times as the metric suggests crypto advocates are pulling funds off of trading platforms for long-term holding. At the time of writing, 2.32 million bitcoin worth over $90 billion is held on centralized cryptocurrency...