Experts Predict Capital Inflows Into Bitcoin After Fed Pivot
Bitfinex: the Fed's shift from tightening to easing monetary policy could have a positive impact on cryptocurrencies.The Federal Reserve System is the central banking system of the United States.
Experts Predict Capital Inflows Into Bitcoin After Fed Pivot
Bitfinex: the Fed's shift from tightening to easing monetary policy could have a positive impact on cryptocurrencies.
US inflation slows; Bitcoin fails to react to macro data
Year-over-year inflation in the United States for October slowed to 3.2%, below the consensus forecast of 3.3%. This is the first decline in the metric in four months.
Fed Holds Key Rate; Bitcoin Reacts Tepidly
On November 1, the U.S. Federal Reserve kept the target range for the federal funds rate at 5.25% to 5.50%.
Fed doubts the case for launching a digital dollar
There are currently no compelling arguments in favour of a digital dollar, and alternatives may address financial problems, said Michelle Bowman, a member of the Federal Reserve Board. She noted that expanding access to financial services and reducing frictions within the payments system may apply not only to CBDC. "Alternative options may perform these tasks more efficiently or with fewer risks …"
U.S. inflation slowdown stalls; Bitcoin volatility returns
US consumer price inflation in September rose 3.7% year over year, as in the previous month, beating forecasts of 3.6%. Bitcoin traded with mixed moves around $26,800.
Fed sees stablecoins as a threat to financial stability
Stablecoins may introduce instability into the financial system as a whole. This is stated in a study by the Federal Reserve Banks of Boston and New York.
Fed Holds Key Rate; Bitcoin Slips Modestly
On September 20, the U.S. Federal Reserve kept the target range for the federal funds rate at 5.25–5.50%.
U.S. inflation accelerates; Bitcoin retreats on modest selling.
The core inflation rate in the United States slowed in August, from 4.7% to 4.3%, though above forecasts. Bitcoin retraced to around $26,000, giving back the day's gains.
In Congress, the Fed was accused of erecting barriers to banks’ issuance of stablecoins
A group of lawmakers says the Fed's latest steps to tighten oversight of banks' ties to cryptocurrencies undermine the passage of a stablecoins regulation bill.
Bitcoin swings on Fed chair’s remarks
Chair Jerome Powell confirmed the Fed's readiness to continue raising the policy rate if necessary.We use cookies to improve the quality of our service.
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