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FDIC Asks Thousands of Banks to Disclose Crypto Plans


The U.S. Federal Deposit Insurance Corporation (FDIC) has asked thousands of banks and other financial institutions it supervises to declare existing crypto activities and any plans they have to engage in crypto activities in the future. Banks to Disclose Crypto Plans to FDIC The Federal Deposit...

When Bitcoin Meets Inflation


  Alice Liu, Senior Associate, Cryptocurrency Investments at exchange-traded fund and exchange-traded product sponsor WisdomTree. __________... Read More: When Bitcoin Meets Inflation

Once the Fed Pauses, Bitcoin is ‘Going to the Moon,’ Novogratz Says


  Bitcoin (BTC) is “trading really well” considering the recent interest rate hikes in the US, and once the Federal Reserve (Fed) puts its tightening on pause, bitcoin is “going to the moon,” Galaxy Digital CEO Mike Novogratz said.... Read More: Once the Fed Pauses, Bitcoin is ‘Going to the Moon,’...

Crypto Bottom is In and ‘Massive Rally’ Awaits, Pantera Capital Predicts


  After a 50% decline from the top, the bear market in bitcoin (BTC) and crypto more broadly is probably over for now, and a new “massive rally” is likely to happen within the next year, crypto hedge fund Pantera Capital’s CEO Dan Morehead has said. Morehead wrote in his latest newsletter...

US Senator Suggests Banning Fed From Issuing a Direct-to-Consumer CBDC


  US Senator Ted Cruz has introduced companion legislation to a January 2022 bill drafted by Representative Tom Emmer, which prohibits the Federal Reserve (Fed) from issuing a central bank digital currency (CBDC) directly to individuals. The legislation bans the Fed from developing...

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