NY Fed, banks wrap up regulated liabilities network proof-of-concept using wCBDC
The theoretical network would help the dollar maintain its status internationally with “game-changing” improvements in service. Go to Source Powered by WPeMatico
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Why is Litecoin price down today?
Litecoin price is down today in part due to its overbought conditions and ahead of the Federal Reserve’s meeting minutes release. Go to Source Powered by WPeMatico
Miners send millions to exchanges — 5 things to know in Bitcoin this week
Bitcoin miners appear to be reducing risk as the significance of BTC price above $30,000 remains firmly in evidence. Go to Source Powered by WPeMatico
Bitcoin options strategy: How to trade July’s Q2 earnings
Professional traders can hedge their Bitcoin bets using the iron condor options strategy as Q2 earnings’ season comes into play. Go to Source Powered by WPeMatico
Federal Reserve’s banking bailouts reach a new weekly high of $103B
The Fed’s emergency loan facility has reached new highs as embattled banks are needing a central bank bailout. Go to Source Powered by WPeMatico
Major US banks get passing grade in ‘severe recession’ stress test
America’s central bank has been stress-testing retail banks in the wake of several high-profile banking collapses earlier this year. Go to Source Powered by WPeMatico
Bitcoin price clings to $30K as Fed’s Powell stresses more rate hikes
There’s no room for slacking when it comes to monetary policy tightening, Powell says, as Bitcoin takes a breather from yearly highs. Go to Source Powered by WPeMatico
BTC price up, fundamentals down? 5 things to know in Bitcoin this week
Bitcoin begins an “important” week for BTC price performance with $30,000 still intact at the weekly close. Go to Source Powered by WPeMatico
Uncertainty over digital assets traps institutions in ‘supervisory void’ — Fed Governor
Lack of clarity on digital assets could have significant consequences for banks navigating higher interest rates, according to Fed Governor Michelle Bowman. Go to Source Powered by WPeMatico
Fed sees stablecoin as form of money, wants ‘robust’ role in its oversight, Powell says
The Federal Reserve chair gave his opinion on draft crypto legislation at the House Financial Services Committee’s semi-annual Fed policy hearing. Go to Source Powered by WPeMatico