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The Federal Reserve is proposing a rulebook for bank-issued payment stablecoins that gets strikingly specific. Basically, every $1 of tokens must be backed by at least $1 of permitted reserves,…
It was a week ago when the US CPI data had already come out, and the Fed had all the necessary puzzle pieces before its key FOMC meeting. Investors turned…
After the CLARITY Act setback witnessed on September 15, all financial eyes turned to the Fed a day later when the US central bank raised the key interest rates by…
The Federal Reserve waited 1,148 days to raise interest rates again, and speculators are already betting it won’t stop at one. Polymarket, Kalshi, and CME futures now lean toward another…
It was expected to be a massively eventful week for the entire cryptocurrency industry, and it was. But first, let’s see what happened precisely seven days ago. The US CPI…
For the first time in three years, the United States Federal Reserve raised the benchmark interest rates by 25 bps. In an unanimous decision 12-0, the Committee decided to raise…
The Federal Reserve just did something it hadn’t done in 1,148 days: raise interest rates. The Federal Open Market Committee (FOMC) voted 12-0 to lift the federal funds target range…
Bitcoin’s price oscillated between $75,000 and $76,000 following a market slide triggered by the failed passage of the CLARITY Act in Congress. Investors are awaiting an upcoming Federal Reserve rate…
More than a dozen banks are expecting the Federal Reserve to raise rates by 25 basis points on Sept. 16. The List UBS, HSBC, Barclays, Citigroup, Wells Fargo, Morgan Stanley,…
Bitcoin briefly dropped to $76,700 after the latest inflation data before recovering toward $78,000. According to QCP Capital, this “contained” reaction is a sign that markets have largely absorbed the…