US lawmakers propose banning the Fed from opening retail accounts for a CBDC
Representative Tom Emmer introduced a bill prohibiting the Fed from offering a central bank digital currency directly to individuals.The Federal Reserve System is the central banking system of the United States.
US lawmakers propose banning the Fed from opening retail accounts for a CBDC
Representative Tom Emmer introduced a bill prohibiting the Fed from offering a central bank digital currency directly to individuals.
Powell pledges to publish CBDC report in coming weeks
Fed's CBDC study report will appear in the coming weeks, Powell said during Senate hearings on his renomination.
Opinion: Kazakhstan’s internet shutdown overhyped as Bitcoin price driver
The drop in Bitcoin from January 5 to 7 has been wrongly linked to the shutdown of mining farms in Kazakhstan due to the internet outage. Arcane Research analysts share this view.
Economist predicts Bitcoin could fall below $40,000 amid high inflation
Bitcoin could break below $40 000 if inflation continues to run hotter than market expectations. Such a scenario, in a climate of Federal Reserve monetary-policy tightening, was outlined by economist Alex Kruger.
Bitcoin price slips below $43,000 as Fed minutes are released
In the early hours of January 6, Bitcoin touched a local low of $42,500 on Binance. Over the past 24 hours, the top cryptocurrency's price fell by 7.5%.
Fed signals three rate hikes in 2022 amid inflation risks
Following the December 14-15 meeting, the Fed pushed back the end of its asset purchases taper from June to March. The updated forecasts anticipate three rate hikes over the next two years.
Fed decision could spark Bitcoin rally
Based on the outcome of the Fed meeting on December 15, Bitcoin could end its correction and rise on the Buy the rumor, sell the news rule. Such a scenario is suggested by Bitfinex's order book analysis.
Fed chair signals faster tapering of stimulus
The Fed will discuss speeding up the pace of its bond-buying taper at the December 14–15 meeting, Powell said, CNBC reports.
Mike Novogratz warns that Powell’s renomination could pose a risk to Bitcoin
After President Joe Biden proposed to keep Jerome Powell as chair of the Federal Reserve for a second term, the number of bears in the cryptocurrency market began to rise. Galaxy Digital founder Mike Novogratz said this on CNBC.
Huobi analysts deem PlanB’s Stock-to-Flow model flawed.
The popular Stock-to-Flow (S2F) model may be flawed—the Bitcoin price in the remaining days of November is unlikely to reach the projected $98,000. Huobi analysts say its author PlanB did not account for normalization of monetary policy by the Fed.
US banking regulators to prepare cryptocurrency guidance in 2022
The Federal Reserve, the FDIC and the OCC, as part of the U.S. Treasury Department, defined a number of areas related to digital asset regulation that require further clarification. The interagency sprint that began in May will continue into 2022.We use cookies to improve the quality of our service.
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