Cryptocoins News / Blockchain - 9 months ago
BitMEX's ex-CEO Arthur Hayes suggested that a Federal Reserve rate cut could propel Bitcoin to the $70,000 mark, rejuvenating the US banking sector. Historical trends show a symbiotic relationship between the Federal Reserve's monetary decisions and...
Cryptocoins News / The Cointelegraph - 9 months ago
Philip Jefferson, who has been serving as a Fed governor since 2022, will take on the No. 2 role under Chair Jerome Powell at the central bank until 2036. Federal Rese...
Bitcoin News / Bitcoin.com - 10 months ago
Several U.S. lawmakers have objected to the Federal Reserve’s stablecoin regulatory guidelines, which they believe “will undoubtedly deter financial institutions from participating in the digital asset ecosystem.” According to the lawmake...
Cryptocoins News / Blockchain - 10 months ago
The House Financial Services Committee is concerned about the Federal Reserve Board's recent regulatory actions on payment stablecoins, arguing they could hinder Congress's digital asset framework, impose additional regulatory burdens, and potentiall...
Bitcoin News / Bitcoin.com - 10 months ago
Bitcoin marginally declined during Friday’s session, concurrent with the ongoing Federal Reserve symposium in Jackson Hole. The Chair of the Fed, Jerome Powell will be speaking at the annual meeting, and providing guidance on the upcoming poli...
Cryptocoins News / Blockchain - 10 months ago
Arthur Hayes' article "Kite or Board" critiques the U.S. Federal Reserve, highlighting its challenges like autonomy, inflation tax, policy changes, and banking sector transition. He suggests Bitcoin as a decentralized, finite supply, and global accep...
Bitcoin News / Bitcoin.com - 10 months ago
The America First Policy Institute (AFPI) recently sounded the alarm on the potential dangers of transitioning to a central bank digital currency (CBDC). This revelation, in a report penned by Michael Faulkender and David Vasquez, highlights the prob...
Cryptocoins News / The Cointelegraph - 10 months ago
Moonstone Bank, which renamed itself Farmington State Bank, received roughly $11.5 million from FTX’s sister firm, Alameda Research, through its holding company in 2022....
Bitcoin News / Bitcoinist - 10 months ago
In a groundbreaking move that underscores the growing acceptance of distributed ledger technologies (DLT) in traditional finance, the US Federal Reserve has added the Hedera Hashgraph (HBAR) based Dropp to its list of service providers for the FedNow...
Bitcoin News / Bitcoin.com - 10 months ago
Federal Reserve Governor Michelle Bowman says additional interest rate increases will likely be needed to get inflation on a path down to the Fed’s target. “I will also be watching for signs of slowing in consumer spending and signs that labor...
Bitcoin News / Bitcoin.com - 11 months ago
In the latest Federal Open Market Committee (FOMC) report, it was stated that the U.S. economy has been experiencing moderate growth and members of the committee have decided to raise the federal funds rate by 25 basis points (bps) in order to keep a...