Bitcoin still beating US dollar in ‘eggflation’ — Fed data
Bitcoin is an unlikely choice for egg purchasing, but the amount needed per dozen speaks for itself. Go to Source
Federal Reserve
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BTC price hits ‘Uptober’ up 5% — 5 things to know in Bitcoin this week
BTC price starts the celebrated month of “Uptober” with a trip past $28,000, but the question on everyone’s lips is whether Bitcoin can hold its ground. Go to Source
Bitcoin to $27K next? One-week BTC price highs precede Fed’s Powell
Bitcoin clinches a BTC price boost as the latest U.S. macro data flows in, with all eyes on Powell next. Go to Source
Is Bitcoin price going to crash again?
Bitcoin is still down 60% from its November 2021 all-time high, so many traders wonder if the BTC price could crash further in the coming months. Go to Source
US Federal Reserve Banks say stablecoins could ‘become a source of financial instability’
The report compares stablecoins to money market funds and ultimately concludes they have similar shortcomings. Go to Source
Bitcoin exchange volume tracks 5-year lows as Fed inspires BTC hodling
Bitcoin spot exchange trading volumes have disintegrated since March, while BTC price action has gone barely anywhere, research shows. Go to Source
US gov’t shutdown looms — 5 things to know in Bitcoin this week
Bitcoin starts the week with a trip to $26,000 — can BTC price strength overcome sellers and a weekly “death cross?” Go to Source
Sky-high interest rates are exactly what the crypto market needs
We can no longer rely on central banks to prop up our investments, which means learning to look at the health of the companies and products in which we invest. Go to Source
Redefining Money: America’s digital currency dilemma
As the United States House Financial Services Committee looks to further impede the introduction of a digital dollar, where does this resistance to a CBDC stem from? Go to Source
Interest rate hikes may pause very soon — Here’s why
This week, The Market Report discusses Bitcoin’s recent price action and the upcoming FOMC meeting, where some speculate interest rates might be paused. Go to Source
