Fed raises key rate; Bitcoin edges lower
On Wednesday, November 2, the U.S. Federal Reserve (Fed) raised the target range for the federal funds rate by 75 basis points — to 3.75–4.00% per year.
The Federal Reserve System is the central banking system of the United States.
Fed raises key rate; Bitcoin edges lower
On Wednesday, November 2, the U.S. Federal Reserve (Fed) raised the target range for the federal funds rate by 75 basis points — to 3.75–4.00% per year.
Fed governor criticises idea of launching a digital dollar
Launch of a central bank digital currency (CBDC) will not bolster the US dollar's position on the international stage, according to Federal Reserve Board member Christopher Waller during a speech at Harvard University.
Bitcoin slips below $18,200 as US inflation data weigh on markets
As investors awaited the results of the latest U.S. Bureau of Labor Statistics CPI release, Bitcoin fell below $19,000, testing a range beneath $18,600.
Fed Flags Risks of Stablecoins to Financial Stability
Stablecoins add 'new vulnerabilities' to the cryptocurrency market and financial stability more broadly. This is the conclusion of a study by the New York Fed.
Robert Kiyosaki urges buying Bitcoin amid rising Fed rates
The author of the bestseller "Rich Dad, Poor Dad" and entrepreneur Robert Kiyosaki described the strengthening of the US dollar as an excellent opportunity to buy the first cryptocurrency and other digital assets.
ECB and Fed chiefs urge tougher regulation of the DeFi sector
Chairmen of leading central banks, in an online discussion organized by the Bank of France, said that strengthening regulation of the decentralized finance (DeFi) sector is warranted as it develops.
Fed chair signals no decision yet on digital dollar launch
The Fed has not yet decided on advancing CBDC in the United States. Powell said this at a conference on the role of central banks in digital asset markets.
Fed raises policy rate; Bitcoin slides below $19,000
On Wednesday, September 21, the U.S. Federal Reserve (Fed) raised the target range for its federal funds rate by 75 basis points, to 3–3.25%. The crypto market reacted with a drop.
Biden administration steps up work on the digital dollar
The Biden administration's interagency group will begin regular meetings to study the launch of CBDC.
US inflation slows but falls short of expectations; Bitcoin under pressure
The year-over-year growth in US consumer prices in August slowed from 8.5% to 8.3%, while its core gauge accelerated from 5.9% to 6.3%. The data reinforced the case for maintaining an aggressive Federal Reserve policy and led to selling in the cryptocurrency market.We use cookies to improve the quality of our service.
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