Bitcoin ‘gives back gains’ after Fed comments ‘add downside risks’ to crypto markets
Analysts foresee prolonged weakness in BTC and altcoins following hawkish comments from the Federal Reserve. Go to Source Powered by WPeMatico
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Bitcoin, Ethereum Technical Analysis: BTC Prices Shaken as Fed Keeps Rates Unchanged
Cryptocurrency markets were volatile on Thursday as traders appeared to react to the Federal Reserve’s decision to keep interest rates unchanged. Bitcoin and ethereum both saw price uncertainty, as markets now expect a March hike. Bitcoin After making a run towards the $40,000 resistance on Wednesday, trading above $38,000 in the process, BTC/USD fell to … Read more
Precious Metals, Cryptocurrencies, Stock Markets Falter Following Powell’s Rate Hike Statements
Equities, crypto markets, and precious metals did well during the early morning trading sessions on Wednesday, just before the U.S. central bank wrapped up its Federal Open Market Committee (FOMC) meeting. While the Fed said in a statement that the benchmark interest rate would rise soon, the central bank’s lead Jerome Powell said the committee … Read more
Ethereum bulls aim to flip $2.8K to support before calling a trend reversal
ETH price appears to be bottoming but analysts are watching for $2,850 to flip from resistance to support before calling a bullish reversal. Go to Source Powered by WPeMatico
Polygon (MATIC) sees a strong oversold bounce after $250B crypto market rebound
MATIC price secured a near 40% gain as crypto market sentiment improves in the wake of a notable $250 billion relief rally. Go to Source Powered by WPeMatico
Boom or bust? Is there a way for Bitcoin price to hit $100K in 2022?
BTC price took an unexpected bearish turn in January, but are there any catalysts that could support a run to $100,000 in 2022? Go to Source Powered by WPeMatico
Fed issues discussion paper on benefits and risks of a digital dollar
“The Federal Reserve would only pursue a CBDC in the context of broad public and cross-governmental support,” said the recently published paper. Go to Source Powered by WPeMatico
Joe Biden Claims Inflationary Pressure ‘Rests With the Federal Reserve,’ Praises the Fed’s ‘Extraordinary Support’
On Wednesday, U.S. president Joe Biden explained that the country’s central bank was dealing with a large share of the inflationary pressures the American economy is dealing with today. Biden welcomes the possibility of tightening monetary easing and noted that he “respects the Fed’s independence.” US President Joe Biden Says a ‘Critical Job in Making … Read more
Law Decoded: First-mover advantage in a CBDC conversation, Jan. 10–17
Strong framing move by U.S. Representative Tom Emmer and a looming threat of another crypto ban in Asia: a digest of last week’s top crypto policy stories is here. Go to Source Powered by WPeMatico
President Biden taps economists for Fed governors’ seats, Sarah Bloom Raskin as vice chair for supervision
According to the U.S. President, the three nominees have the “experience, judgement, and integrity to lead the Federal Reserve and to help build our economy back better for working families.” Go to Source Powered by WPeMatico
