The US Federal Reserve has placed a cease and desist order on United Texas Bank. The regulator believes the bank needs stronger AML and risk management measures. On Wednesday, the…
Browsing: Federal Reserve
Ripple’s integration with major banks and regulatory bodies positions it well for potentially replacing the Federal Reserve. Ripple’s robust infrastructure and international coordination are crucial for managing the vast responsibilities…
Rep. Thomas Massie’s bill aims to abolish the Federal Reserve, blaming it for inflation. Advocates argue that the Fed’s control over the money supply leads to inflation, while critics say…
The crypto market is awaiting feedback from FOMC on the potential interest rate policy. Market sentiment remains bearish but macroeconomic headwinds may tilt sentiment. The crypto market continues to see…
Fed keeps interest rates steady, easing market worries and leading to a crypto market rebound. Bitcoin surges after Fed hints at rate cut later this year, boosting investor confidence. The…
The US Federal Reserve has expanded its Novel Activities Supervision Program. This program will now tight place crypto under its scrutiny across the board. In the latest move to limit…
Market remains on edge as US inflation data is set to be published. Favorable data might likely push Bitcoin to the $35,000 price level in the near term. Crypto investors…
Economic data expected this week might shape investor’s approach toward Bitcoin. The confluence of positivity is poised to help Bitcoin reclaim the $35,000 price level The projected release of the…
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 (BTC) attractiveness and growth have sparked a broad recovery for altcoins. The latest stance of the Federal Reserve on interest rate pause is one of the recent catalysts fueling…
The digital currency ecosystem is awake with new growth potential. Part of what is building sentiments is the projected positive economic data scheduled to be unveiled this week. Investors are…
Bitcoin is on the fly, with its price possibly hitting above $17,500 as the crypto market shakes off the impact of the FTX contagion on the industry. In its latest…
Flatlines in ETH price and a drop in Ethereum’s daily active addresses raises fears of a possible decline ahead. ETH’s downside target comes around 40 percent lower than the current…
Namibia’s Central Bank announces the inclusion of digital assets and virtual asset service providers (VASP) in its FIR framework. Namibia’s Central Bank Governor, a previous skeptic of cryptocurrencies, says the…
Several economic health indicators hint at a possible recession globally (including in the US). Indicators can’t accurately predict when a major recession will happen, but will this recession affect crypto…
European Central Bank president says Bitcoin is worth nothing. Many users will turn to privacy coins when CBDCs become mainstream. In a recent statement, Christine Lagarde (the head of the…
Bitcoin, stocks decline in reaction to higher interest rates warnings by Federal Reserve. Bitcoin dropped to $19,526- its lowest price since mid-July, losing more than 70 percent from its ATH.…
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 upcoming Federal Reserve ahead this week has put major pressure on the equity and crypto market with the possibility of a stimulus tapering plan. However, multiple BTC/USD bids appearing…
Snowden refers to the Fed-backed CBDC as a “useful policy tool” to annihilate people’s savings. While Snowden remains critical of the CBDC or the Digital dollar, he is positive for…