Senator Lummis Criticizes Feds Withdrawal of Crypto Banking Rules as Lack of Real Progress

Guidance on crypto banking in the United States has been a topic of discussion at the Federal Reserve, with Senator Cynthia Lummis expressing doubts. The debate revolves around the regulation and integration of cryptocurrencies within the traditional banking system. Lummis, a known supporter of crypto assets, believes that the current regulatory frameworks may hinder innovation [...]

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Feds Kashkari Teases Liquidity Support: Could $100K Bitcoin Make a Comeback?

In a recent discussion, Neel Kashkari from the Federal Reserve hinted at the possibility of providing liquidity support to the market. This news has sparked speculation among investors, with many wondering if a $100,000 Bitcoin price is once again within reach. The Federal Reserve’s stance on providing liquidity support can have a significant impact on [...]

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deVere Group CEO says Fed’s “Big Decision” on rate hikes was really no decision at all

The US Federal Reserve just raised its interest rate, announcing a 25 basis point hike on Wednesday afternoon. With this, the Fed has pushed the federal funds rate to the 4.75%-5% range, its highest level since October 2007. In a press release, the Fed noted the rate hike was down to fact that the US …

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Bitcoin rises to over $40k as Feds increase rate

The Federal Reserve has issued a public statement announcing a hike in interest rate after the FOMC meeting.

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Fed’s Minutes Report ‘Bludgeons’ Global Markets — Stocks, Crypto, Precious Metals Slip in Value – Economics Bitcoin News

Minutes from the U.S. Federal Reserve’s policy meeting on December 14-15 show that the central bank is being persistent about unwinding quantitive easing (QE) tactics and that it views ultra-low interest rates as no longer necessary. Global markets immediately dropped after the news was published as stock markets roiled, crypto markets shed billions, and precious […]

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Feds Waller Backs Holding Off on Rate Cuts as Inflation Unfolds

As inflation surges and the economy rebounds, Federal Reserve Board Governor Christopher Waller has expressed his support for pausing rate cuts to allow the situation to stabilize. Waller emphasized the importance of closely monitoring inflation data and its effects on the economy before making any decisions on interest rates. Waller’s remarks come amidst rising concerns [...]

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Bitwise CIO downplays price hiccup amid Bitcoin bull trend after FOMC shakes markets

Bitcoin’s price experienced a sharp pullback following the US Federal Reserve’s recent rate cut, but market experts like Bitwise CIO Matt Hougan remain optimistic about the asset’s long-term trajectory. On Dec. 18, the Federal Reserve announced a 25-basis-point rate cut, scaling back its outlook for 2024 to two cuts instead of the previously expected four. […]

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