Cryptocoins News / CoinJournal - 1 year ago
Key Takeaways
Crypto banks best January in nearly a decade
68% of the Bitcoin supply in profit, compared to 50% at the start of January
Correlation between Bitcoin and risk assets is close to all-time highs, with Federal Reserve’s interest rat...
Bitcoin News / Bitcoinist - 1 year ago
The crypto industry may be facing a major setback as the Federal Reserve (FED) appears to be losing control of the markets. This new status quo could lead to even more hawkish measures impacting the traditional and cryptocurrency markets.
A report...
Bitcoin News / Bitcoin.com - 1 year ago
The U.S. Federal Reserve Board has rejected the attempt of Custodia Bank to become member of the Federal Reserve System. According to the decision announced Friday, the application submitted by the digital asset bank is inconsistent with legal requir...
Bitcoin News / Bitcoin.com - 1 year ago
The United States Federal Reserve Board said on Jan. 27 that both insured and uninsured banks will be subjected to limits on certain activities including those that are associated with crypto assets. The board’s latest action does not preclude a stat...
Cryptocoins News / Blockchain - 1 year ago
Custodia, a digital asset bank, was denied membership in the Federal Reserve System. (Read More)
Cryptocoins News / The Cointelegraph - 1 year ago
The bank applied for the application in 2019 and sued the Fed in an attempt to speed up the decision. The United State Federal Reserve Board has rejected Custodia Ban...
Bitcoin News / Bitcoin.com - 1 year ago
As investors examine the next move of the Federal Reserve, analysts, economists and market participants are also closely monitoring inflation levels. In Dec. 2022, the annual inflation rate dropped to 6.5%, and many experts predict it will decrease f...
Bitcoin News / Bitcoin.com - 1 year ago
The author of “The Price of Tomorrow,” Jeff Booth, has warned about debt deflation, calling it a “great depression on steroids,” if the Federal Reserve continues to hike interest rates. He believes that eventually the Fed R...
Bitcoin News / Bitcoin.com - 1 year ago
The U.S. Federal Reserve has raised the benchmark bank rate seven times during the course of 2022, leading many to question when the central bank will cease or change course. The Fed has stated that it aims to bring inflation down to the 2% target, a...
Cryptocoins News / The Cointelegraph - 1 year ago
The Federal Reserve is seeking to push investors into reevaluating their portfolios by injecting chaos into markets. The Federal Reserve’s strategy to hike interest ra...
Bitcoin News / Google News Bitcoin - 1 year ago
Federal Reserve Hikes Rate by 50bps, FOMC Signals Rate to Rise to 5.1% Next Year – Bitcoin News& & Bitcoin News
Bitcoin News / Bitcoin.com - 1 year ago
The U.S. central bank’s Federal Open Market Committee (FOMC) convened on Wednesday and raised the federal funds rate by 50 basis points (bps). The 0.5 percentage point rise follows the four consecutive three-quarters of a point increases codif...