Fed governor Waller says crypto ecosystem has distinct parts with varying potential
Christopher Waller praised the emerging applications of distributed ledger technology, smart contracts and tokenization, but he changed his tune for crypto assets.
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‘Crypto summer’ likely to start in Q2 2023, Morgan Creek Capital CEO says
Bitcoin’s bull market is likely to start earlier than expected due to anticipation of the BTC halving and favorable macroeconomic conditions, according to Mark Yusko, founder and CEO of Morgan…
Federal Reserve Raises Rates by 25 Basis Points
Today the U.S. Federal Reserve announced that it was bringing interest rates to the 4.50% to 4.75% range, a 0.25% increase from last month. Rates were still at 0% less...
Bitcoin, Ethereum Technical Analysis: BTC Jumps to 6-Month High Above $24,000
Bitcoin surged above $24,000 on Feb. 02, as markets continued to react to the latest U.S. Federal Reserve policy decision. On Wednesday, the central bank moved to increase rates by…
Bitcoin awaits Fed Powell speech as sellers cement $23.5K resistance
Bitcoin trades sideways at the Wall Street open as all eyes are on the Fed and Chair Jerome Powell.
Bitcoin meets FOMC after 39% January gains with Fed path ‘uncertain’
The second best January on record for BTC price action comes face-to-face with differing opinions on U.S. economic policy.
JPMorgan CEO Says BTC Is Fraudulent, a ‘Pet Rock;’ Bank of America Says CBDCs Are ‘Natural Evolution’ — Bitcoin.com News Week in Review
JPMorgan CEO Jamie Dimon has reiterated his supposed skepticism of bitcoin, recently calling it a “hyped-up fraud,” and a “pet rock.” For it’s part, Bank of America has said that…
Crypto Bank Custodia Denied Membership in US Federal Reserve System
The U.S. Federal Reserve Board has rejected the attempt of Custodia Bank to become member of the Federal Reserve System. According to the decision announced Friday, the application submitted by…
US gov’t $1.5T debt interest will be equal 3X Bitcoin market cap in 2023
The U.S. will pay over $1 trillion in debt interest next year, the equivalent of three or more Bitcoin market caps at current prices.
Fed policy to align bank oversight could limit crypto activities by state banks
The new policy would align the allowable activities for insured and uninsured state banks and OCC-supervised national banks by making rules for state banks more restrictive.
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