Tether earned $6.2 billion last year, with most profits coming from US Treasuries, but faces challenges with Fed rate cuts. Tether’s collaboration with TRM Labs and Tron helped law enforcement…
Browsing: FED
Fed’s steady rates and potential rate cut have caused Bitcoin to drop below $64,000, sparking debate on whether $60,000 or $70,000 is next. Geopolitical tensions and economic indicators will significantly…
The price of Bitcoin dropped to $57,300 as investors were unsure what to expect before the Fed announcement. Permanent holders and whales reduce the demand, which sends the market anticipation…
The Federal Reserve maintains the federal funds rate, indicating a cautious stance on economic growth and inflation control. Bitcoin shows resilience amidst this financial landscape, with potential catalysts like the…
A recent Federal Reserve payment system outage disrupted U.S. bank operations, causing delays in customer deposits and highlighting the vulnerability of traditional banking systems. In contrast, Bitcoin’s decentralized and secure…
An alleged conversation between the Fed chair and US Congressman triggers rumors of Powell’s involvement in the Ripple establishment. A 2018 video by a Ripple executive concerning the creation of…
Bitcoin and Ethereum stage mini rally following Fed’s $300 billion surge in its balance sheet. Cameron Winklevoss, co-founder of crypto exchange Gemini believes that this is the right time to…
The much anticipated Federal Reserve instant payment network, FedNow, is set to be launched in July. This announcement comes after some crypto firms were sued by authorities for listing unregistered…
Analysts remain uncertain if BTC will surge or plunge in the coming weeks. The price of BTC dropped below $18,000 as the Fed announced long-anticipated 50 bps interest rate hike.…
The research sought to test the hypothetical general purpose of the Central Bank Digital Currency (CBDC). Using two models, the first one processed transactions through the “ordering server” distributed ledger…
The Fed has revealed the minutes of a meeting it held back in December in which it decided to cut back on spending and hike interest rates. This would cut…
The President of the Federal Reserve Bank of Minneapolis has likened Bitcoin to Beanie Babies, claiming both are pure speculation. In the past, he has called BTC a giant garbage…
A new report from the New York Federal Reserve’s Liberty Street Economics blog classified Bitcoin as another form of fiat money. The article is criticized by experts for having incorrect…
The United States Congress is considering launching a digital wallet system to issue digital dollars and send money directly to its citizens. The President of the Federal Reserve of the…
Due to the collapsing global economy, central banks worldwide are pumping billions of dollars into the market. So far, Bitcoin is not moving in isolation from the stock market, so…
The Central Bank of the United States of America, Federal Reserve, has announced that by mid-January 425 billion USD will be pumped into the market. This amount corresponds to three…
A member of the U.S. Federal Reserve responds on the possibility of developing the Dollar as a digital currency (USDC). Facebook’s Libra has triggered the interest of many countries for…