Tag: Fed

“We See Stablecoins as a Form of Money”: Fed Chair Powell

Federal Reserve Chair Jerome Powell has explicitly acknowledged that stablecoins are a form of money. He made the bold admission in the course...

Bitcoin Price Jumps Ahead of Fed Chair Powell’s Testimony

Bitcoin witnessed a steady climb as investors anticipate imminent insights from United States Federal Reserve Chairman Jerome Powell. The forthcoming testimony, set to...

Ripple (XRP) Price Turns Bearish After Fed Rate Announcement

Ripple (XRP) price attracted significant market euphoria as it climbed to a new 2023 peak of $0.56 on Tuesday. However, the circumstances surrounding...

Ethereum (ETH) Price Dips After Fed Rate: $1,500 Support?

Ethereum (ETH) price took a 7% downturn on Thursday morning as global markets reacted to the US Feds’ latest Fund Rate announcement. With...

What a 6% Fed Funds Rate Means for Crypto

The Bank of America predicts that the Federal Reserve (Fed) could take interest rates up to 6% despite an expected hawkish pause in...

US Banking Crisis Far From Over, Fed Loans Hit $100B

The U.S. central bank is pumping more money in to bail out the embattled banking system as the crisis continues. This could...

Bitcoin Surges as 4.9% CPI Suggests Fed Policy is Working

Bitcoin (BTC) incurs slight upside volatility as U.S. Consumer Price Index (CPI) for April misses estimates, which may strengthen the case for a...

Bitcoin and Gold Ride Fed Rate Optimism Amid US Bank Woes

Stronger expectations of a Fed rate hike pause saw Bitcoin (BTC) price break out of a narrow $28,000 range, while spot gold notched...

Bitcoin Up After Fed Rate Reveal, Correlation With Stocks Over?

Bitcoin has surged above the $29,000 mark following the Fed rate hike of 25 bps, a sign that the asset may be decoupling...

Bitcoin Price Regains Strength Post Fed Hike, $30K Could Be Next

Bitcoin price is recovering and trading above $29,000. BTC is slowly moving higher and the bulls might soon aim for a move toward...

The Fed Lies About the US Economy: Blockchain Fixes This

The US Federal Reserve has often been accused of obscuring economic truths and manipulating data for political purposes. This issue is increasingly relevant...

What’s Next As Fed Rate Hike Looms?

Bitcoin bears have gained control over the last few weeks, at least in the short term, and the battle seems to be on....

Poor Oversight Caused the Banking Crisis, Fed Suggests

A lack of regulation and supervision is largely to blame for the recent banking crisis. That is the conclusion of a recent report...

JPMorgan Unveils ChatGPT AI Model to Decipher Fed Speak

JPMorgan Chase has unveiled a new AI model that predicts stock market movements based on Federal Reserve statements. The bank terms the scale...

Fed Predicts Recession: Buy Bitcoin and Ethereum?

The US Federal Reserve has predicted a recession, and the IMF predicts a sluggish global economy. Is now the time to buy Bitcoin...

Fed Could Pause Rate Hikes amid 0.1% Increase in US CPI

The U.S. Consumer Price Index (CPI) for March 2023 rose 5% annually and 0.1% month-on-month, improving market sentiment that the Federal Reserve (Fed)...