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US Lawmaker Introduces Bill to Dismantle Fed’s Board of Governors and Abolish the Central Bank
17.5.2024
Following the policymaker’s survey, U.S. Representative Thomas Massie (R-Ky.) announced the introduction of H.R. 8421, known as the “Federal Reserve Board Abolition Act.” This legislation aims to dismantle the Board of Governors of the Federal Reserve and close its branches across...
US Lawmaker Introduces Bill to Dismantle Fed’s Board of Governors and Abolish the Central Bank
17.5.2024
Following the policymaker’s survey, U.S. Representative Thomas Massie (R-Ky.) announced the introduction of H.R. 8421, known as the “Federal Reserve Board Abolition Act.” This legislation aims to dismantle the Board of Governors of the Federal Reserve and close its branches across...
Tens of Thousands Show Overwhelming Support for Abolishing the Fed, US Policymaker’s Poll Reveals
16.5.2024
On May 15, Thomas Massie, a Republican member of the United States House of Representatives, posted on X, inquiring whether he should introduce legislation to abolish the U.S. Federal Reserve. The poll garnered over 115,000 votes, with a significant 86% majority opting to “end the Fed.”...
Bitcoin traders expect Fed Chair Powell to ‘pump our bags’ and BTC to target $80K+
13.5.2024
Historical Bitcoin performance data and investors' expectation that the Fed will “pump our bags” have traders anticipating a strong BTC price rebound
Bitcoin price shows strength as investors anticipate return of money printing
13.5.2024
Bitcoin rallies as central bank stimulus packages become more common, and the Fed’s signal of “higher for longer” interest rates aligns with investors’ market view
Stan Druckenmiller Slams Bidenomics — Advocates for Less Government to Boost Innovation
11.5.2024
Renowned investor Stanley Druckenmiller has criticized Bidenomics, stating that he would give it an F if he was a professor. “Treasury is still acting like we’re in a depression,” he said, adding that “they’ve spent and spent and spent.” Moreover, Druckenmiller...
Bitcoin's Modest Rally Cut Short, Price Tumbles Back Below $61K
10.5.2024
Stagflationary U.S. economic data and hawkish remarks from a Fed speaker appeared to sour the bullish mood
U.S. Financial Industry to Explore Sharing Ledger Technology for Multiasset Transactions
8.5.2024
Major stakeholders in the U.S. financial sector, including Citi, JPMorgan, Mastercard, Swift and Deloitte, are teaming up to explore sharing ledger technology by simulating multiasset transactions in dollars
Bitcoin bottom in, now headed for a ‘slow grind higher’ — Arthur Hayes
3.5.2024
This week’s 12% Bitcoin retreat was a “well-needed market cleansing,” said the former BitMEX boss
Jerome Powell’s pivot heralds a boring summer for Bitcoin
1.5.2024
The Federal Reserve isn't sticking with the schedule of interest rate cuts it predicted earlier in the year. That makes navigating the market more challenging
Federal Reserve Holds Policy Steady, Says Progress on Inflation Has Stalled
1.5.2024
Hopes for a series of interest rate cuts in 2024 have been quickly vanishing over the past few weeks as both the economy and inflation exhibit unexpected strength
Bitcoin Tumbles Below $60K, Risking Deeper Pullback as Crypto Markets Endure Worst Month Since FTX Crash
30.4.2024
Recent U.S. economic data could prompt more hawkish forward guidance from the Federal Reserve
Custodia Bank takes case to higher court after March setback
26.4.2024
Custodia Bank is challenging a lower court’s ruling in its battle for a Federal Reserve master account
Crypto Billionaire Arthur Hayes Predicts Bitcoin Bull Run to Return After $1.4 Trillion US Liquidity Spike
26.4.2024
Arthur Hayes believes a shift in U.S. economic policy under Treasury Secretary Janet Yellen could inject massive liquidity into the system. Hayes argues this could reignite Bitcoin's upward momentum alongside a broader stock market rally.
The post Crypto Billionaire Arthur Hayes Predicts Bitcoin...
Custodia Bank Appeals Court Loss in Fed Membership Lawsuit
26.4.2024
Custodia, a Wyoming-based aspiring crypto bank, filed a notice of appeal against a court ruling that affirmed the Federal Reserve's rejection of its bid for a master account and membership
Polymarket Traders See 32% Chance of No Fed Rate Cuts This Year
19.4.2024
The hawkish shift in the market sentiment could dampen the demand for risk assets, including cryptocurrencies and technology stocks
The Solution for Stablecoin Regulation
17.4.2024
Uncertainty Over Fed Rate Cuts Intensifies With Sticky Inflation Metrics
13.4.2024
As each day unfolds, analysts, economists, Wall Street institutions, and Fed watchers have increasingly postponed their forecasts for when the U.S. Federal Reserve will reduce the benchmark interest rate. Current data suggest that a rate cut in June is unlikely, with odds standing at 50-50 for...
Federal Reserve’s Neel Kashkari on Bitcoin: Still No Legitimate Use Case in an Advanced Democracy
6.4.2024
The president and CEO of the Federal Reserve Bank of Minneapolis, Neel Kashkari, has expressed concern about consumer risk due to “fraud, hype, and confusion” surrounding bitcoin. Moreover, he said the cryptocurrency has been around for more than a decade but “there’s still...
Bitcoin Adds 4.5% as Stocks Reverse Lower on Hawkish Fed Commentary
4.4.2024
The world's largest crypto regained the $69,000 level at one point in the session before slipping a bit