Bitcoin whale selling hits highest level since July 2022
Over the past month, large bitcoin holders sold more than 115,000 BTC worth $12.7bn — the highest since July 2022.The Federal Reserve System is the central banking system of the United States.
Bitcoin whale selling hits highest level since July 2022
Over the past month, large bitcoin holders sold more than 115,000 BTC worth $12.7bn — the highest since July 2022.
QCP Capital Views Dollar Weakness as Positive for Bitcoin
According to analysts at QCP Capital, the weakening of the US national currency, combined with rising bond yields, has created a bullish signal for digital gold.
Markets bet on a bitcoin rally as the Fed eases policy
A Fed rate cut would lift cryptocurrencies next quarter, said Crypto.com CEO Kris Marszalek.
Surge in Fed Rate Discussions Highlights Potential Risks for Crypto Market
The increase in mentions of a potential Fed rate cut on social media could serve as a warning for the cryptocurrency market, according to Santiment.
Bitcoin Surges to $117,000 Following Fed Chair’s Remarks
The cryptocurrency market responded positively to remarks by Fed Chair Jerome Powell. The head of the regulator hinted at a potential interest rate cut in September.
Market Emerges from ‘Fear’ Zone Ahead of Fed Chair’s Speech
The price of Bitcoin rebounded after dropping to around $112,000. Market sentiment shifted from 'fear' to 'neutral,' though analysts at Santiment caution about potential volatility
Federal Reserve Explores Smart Contracts and AI
The United States Federal Reserve is examining the impact of innovations on payment processes, including smart contract and artificial intelligence technologies.
Analysts Uncover Reasons Behind Bitcoin’s Drop to $115,500
Concerns over the future policy of the Federal Reserve emerged as the primary factor causing market correction. This was stated by Vincent Liu, Chief Investment Officer at Kronos Research, in a comment to The Block. Over the past day, the price of the leading cryptocurrency fell by 2.2%, according to CoinGecko. At the time of […]
Federal Reserve Ends Oversight of Banks’ Cryptocurrency Activities
The Board of Governors of the Federal Reserve announced the termination of its oversight program for new types of bank activities, including cryptocurrency operations. The regulator has completely rescinded its 2023 letter, which required financial institutions to obtain permission for stablecoin operations. It also mandated risk management practices concerning cybersecurity, liquidity, consumer compliance, and anti-illicit […]Analyst Predicts Revenue Plunge for Circle Following Fed Rate Cut
The issuer of the USDC stablecoin, Circle, may face significant pressure if the Fed reduces the key interest rate following its September meeting. This conclusion was shared by Dragonfly investor known by the pseudonym Omar. This will play out in the months ahead, but interest rate cuts are horrendous for rate sensitive names like Circle— […]We use cookies to improve the quality of our service.
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