Cryptocoins News / Blockchain - 1 year ago
The Federal Reserve Chairman has admitted to being blindsided by the sudden collapse of Silicon Valley Bank (SVB) despite being under their supervision. The collapse of SVB has prompted an internal investigation led by the Vice Chairman to look into...
Bitcoin News / Google News Bitcoin - 1 year ago
Bitcoin Sinks Below $27K as Federal Reserve, Powell Keep Focus on Inflation& & CoinDeskBitcoin Holds Steady Above $28K, Ether Rises in Post-Rate Hike Rally& & CoinDeskBitcoin erases Fed losses as traders eye $40K BTC price target& & Cointelegraph
Bitcoin News / Bitcoin.com - 1 year ago
Following the fallout over the past two weeks in the U.S. banking industry, the Federal Reserve raised the federal funds rate by 25 basis points (bps) on Wednesday, citing the need for the inflation rate to return to 2% over the long run.
Fed R...
Bitcoin News / Bitcoinist - 1 year ago
The macroeconomic situation is a strong indicator of where the crypto market is headed. In this case, the March 22 interest rate hike announcement of the US Federal Reserve and the FOMC Meeting Minutes would decide the fate of both equities and crypt...
Bitcoin News / Bitcoin Magazine - 1 year ago
The Federal Reserve balance sheet increased by $300 billion in one week, leading to debate about whether these actions qualify as quantitative easing. The article below is an excerpt from a recent edition of Bi...
Bitcoin News / Bitcoin.com - 1 year ago
Amidst the chaos in the U.S. banking sector, Elon Musk, the CEO of Tesla and owner of Twitter, has been critical of the country’s central bank. Musk insists that the U.S. Federal Reserve is operating with “way too much latency in their da...
Cryptocoins News / The Cointelegraph - 1 year ago
The FedNow service aims to reduce the gap in payment time between United States financial institutions. The United States Federal Reserve has confirmed a July launch d...
Cryptocoins News / The Cointelegraph - 1 year ago
The fact that most banks aren’t required to keep your money on hand makes it likely that more bank failures will occur in the months ahead. The Federal Reserve Board r...
Bitcoin News / Bitcoin Magazine - 1 year ago
A joint statement ensured that all customer deposits at the respective banks will be honored by the federal government. The U.S. Treasury, Federal Reserve, and the Federal Deposit Insurance Corporation (FDIC) a...
Cryptocoins News / Blockchain - 1 year ago
The US Federal Reserve is planning to establish a specialized team of experts to keep up with developments in the cryptocurrency industry, specifically focusing on stablecoins. The move comes amid concerns that unregulated stablecoins could put house...
Bitcoin News / Bitcoin.com - 1 year ago
U.S. regulators and the Federal Reserve have issued a joint warning about key liquidity risks associated with crypto assets. However, the regulators clarified that banks “are neither prohibited nor discouraged from providing banking services to...
Cryptocoins News / The Cointelegraph - 1 year ago
The Federal Reserve Board has denied the request from crypto-focused Custodia Bank to reconsider its membership to the Federal Reserve System. The United States Federa...
Bitcoin News / Bitcoin.com - 1 year ago
Several Federal Reserve governors and presidents say that more interest rate hikes are needed to curb inflation. “We are not done yet with raising interest rates,” Fed Governor Lisa Cook said. “We need to raise rates aggressively to...