Federal Reserve System | ForkLog

ForkLog 9 11.11.2024

Cathie Wood Advocates for SEC Easing, Elon Musk Supports Fed Closure

The founder and CEO of ARK Invest, Cathie Wood, has predicted an influx of investments in cryptocurrencies and new technologies following a “changing of the guard” at the SEC and the FTC. Deregulation (defanging the SEC, FTC, and others), government spending cuts (making room for the private sector), tax cuts, and a focus on technologically […]

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ForkLog 11 07.11.2024

Bitcoin Holds Above $76,000 as Fed Cuts Rates Again

On November 7, the United States Federal Reserve reduced the target range for the federal funds rate by 25 basis points to 4.5-4.75% per annum. This marks the second such move following a 0.5% cut in September.

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ForkLog 6 14.10.2024

Trump’s Rising Election Prospects Revitalize Crypto Fund Inflows

Inflows into cryptocurrency investment funds from October 6 to 12 amounted to $407 million, contrasting with an outflow of $147 million the previous week, according to data from CoinShares. Data: CoinShares. Experts suggest that the shift in the U.S. presidential race dynamics influenced investor decisions, rather than macroeconomic data releases or changes in the outlook […]

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ForkLog 7 01.10.2024

Fed Chair Signals Further Rate Cuts

The Chairman of the United States Federal Reserve (Fed), Jerome Powell, has signaled further reductions in the key interest rate to stimulate economic growth and boost employment, reports WSJ. According to the senior official, despite current economic challenges, the overall situation in the country remains stable and inspires cautious optimism regarding future prospects. He noted […]

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ForkLog 13 30.09.2024

FalconX Highlights Benefits of Fed Rate Cuts for Ethereum

By mid-2025, the Federal Reserve’s Fed key rate is expected to fall below the yield from staking in Ethereum, potentially boosting the price of the second-largest cryptocurrency by market capitalization. This conclusion was reached by FalconX. The spread between these two parameters has remained negative since mid-2023. At the end of 2022, following the collapse […]

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ForkLog 8 30.09.2024

Fed Chair’s Speech and US Employment Data to Influence Bitcoin’s Trajectory

The upcoming speech by Federal Reserve Chair Jerome Powell on September 30 and the US employment report at the end of the week are poised to be pivotal factors for the cryptocurrency market in the coming days, according to The Block. Rachel Lucas from BTC Markets attributed the retreat from the $66,500 mark reached on […]

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ForkLog 24 24.09.2024

Ethereum Surpasses Bitcoin in Growth Following Fed Rate Cut

The second-largest cryptocurrency by market capitalization has outpaced Bitcoin in price growth following the recent 50 basis point rate cut by the Fed.

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ForkLog 13 23.09.2024

Peter Brandt Predicts Bitcoin’s Surge Against Gold

In 2025, digital gold could potentially increase fivefold in value compared to its physical counterpart. This conclusion was drawn by technical analyst and head of Factor LLC, Peter Brandt. When I look at chart of Bitcoin/Gold ratio, here is how I view it: $GC_G $BTC $BTCXAU1. Continuation inverted H&S pattern, neckline at 32.5 to 12. […]

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ForkLog 13 20.09.2024

Expert Analyzes Yen’s Impact on Bitcoin’s Trajectory

The depreciation of the yen against the dollar has bolstered risk appetite in the segment of risky assets, thereby supporting Bitcoin. This was stated by derivatives trader Gordon Grant to The Block. The specialist explained the rally of the leading cryptocurrency, which surged over 8% following the Federal Reserve’s 50 basis point rate cut. On […]

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ForkLog 69 18.09.2024

Bitcoin Tests $61,000 Amid Fed Rate Cut

On September 18, the United States Federal Reserve lowered the target range for the federal funds rate to 4.75–5% per annum. This marks the first reduction since March 2020. The decision aligned with market expectations. “Recent indicators suggest that economic activity continues to expand at a solid pace. Job gains have slowed, and the unemployment […]

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ForkLog 13 18.09.2024

Vitalik Buterin Highlights Rollup Accessibility Amid Fee Decline

Transaction fees on Ethereum’s Layer 2 have plummeted to “almost zero,” marking a significant milestone for digital assets, according to blockchain co-founder Vitalik Buterin, reports Cointelegraph. “From $0.5-10, we’ve moved to $0.01, practically zero. Optimism and Arbitrum — the two main layers of Ethereum — have reached this important milestone. […] Rollups are quickly becoming […]

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ForkLog 9 16.09.2024

Hopes for a 50 Basis Point Fed Rate Cut Revive Crypto Fund Inflows

Inflows into cryptocurrency investment funds amounted to $436 million from September 8 to 14, following an outflow of $726 million the previous week, according to CoinShares. Data: CoinShares. Analysts attributed the reversal in dynamics to a sharp increase in expectations for a 50 basis point cut in the interest rate by the Fed. The likelihood […]

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