Bitcoin dips before Fed rate hike cues amid warning over $9T balance sheet
Reducing the balance sheet may spark bigger Bitcoin losses than a rate hike, one analyst warns. Go to Source Powered by WPeMatico
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Fed never did it: US Senate Banking head lashes out at Super Bowl crypto ads
The lawmaker claimed that crypto is not real money and companies splurging millions on advertisements proves that. Go to Source Powered by WPeMatico
Concerns over Fed nominee may stop Senate from confirming Biden’s picks: report
Republicans are reportedly calling for a boycott of voting on nominees to the Federal Reserve related to allegations Sarah Bloom Raskin lobbied the president of the Kansas City Fed on behalf of fintech firm Reserve Trust. Go to Source Powered by WPeMatico
Bitcoin on-chain data hints at institutions ‘deploying capital’ at expense of ‘hodlers’
On-chain metrics detect strong “sophisticated passive buying” on spot exchanges and a rise in the movements of Bitcoin to whale wallets. Go to Source Powered by WPeMatico
MIT, Boston Fed give digital dollar CBDC a modest test run
Blockchain-based architecture was deemed “not a good match” as researchers weighed several technological designs. Go to Source Powered by WPeMatico
Bitcoin’s 30% recovery in two weeks has BTC whales back in accumulation mode
The number of Bitcoin addresses holding at least 1,000 BTC has risen in recent weeks. Go to Source Powered by WPeMatico
Analysts say Bitcoin’s range-bound trading at a key support level reflects a trend reversal
BTC’s journey into the $43,000 to $46,000 price range could be another sign that the multi-month correction has ended. Go to Source Powered by WPeMatico
US Inflation Jumps to 7.5%, CPI Climbs at Fastest Rate in 40 Years, Citizens See Little Wage Growth
Inflation in the United States continues to rise as it climbed at its fastest rate in 40 years since February 1982. Statistics from the U.S. Labor Department’s Consumer Price Index (CPI) jumped 7.5% higher than it was a year ago. US Inflation Continues to Surge On Thursday, the U.S. Labor Department published its CPI report … Read more
US Federal Reserve bank at the helm of CBDC research effort appoints new president
Susan M. Collins is set to become the first Black woman to head a Federal Reserve Bank. Go to Source Powered by WPeMatico
Avalanche correction risk rises after AVAX price soars 80% from January lows
Strong network growth underpins AVAX’s recent price gains, but a multi-month technical pattern continues to pose downside risks for the Avalanche token. Go to Source Powered by WPeMatico
