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Nalezeno "reserve": 5112

Biggest Movers: DOGE, SHIB Slip Following ECB Rate Hike

16.3.2023
Dogecoin and shiba inu fell by as much as 5% in today’s session, as markets reacted to the European Central Bank (ECB) rate hike. The bank moved to increase rates by 50 basis points, despite the recent banking crisis. As a result of this many now expect that the Federal Reserve will continue...

Crypto acted as safe haven amid SVB and Signature bank run: Cathie Wood

16.3.2023
Cathie Wood said the ongoing baking crisis is a total Fed policy failure and could have been averted with crypto’s decentralized solutions

Federal Reserve confirms July launch for FedNow instant payment service

16.3.2023
The Fed Now service aims to reduce the gap in payment time between US financial institutions

India, UAE Collaborate to Boost Cross-Border Central Bank Digital Currency Transactions

16.3.2023
India’s central bank, the Reserve Bank of India (RBI), and the Central Bank of the United Arab Emirates (UAE) have agreed to collaborate on cross-border central bank digital currency (CBDC) transactions of remittances and trade. The initiative is “expected to reduce costs, increase efficiency...

U.S. Federal Reserve’s Real-Time Payments System Coming In July

15.3.2023
The U.S. Federal Reserve is activating its long-awaited real-time payments system in July, the central bank said in a Wednesday statement, marking a transition that some have seen as a government challenge of the crypto sector’s instant-transaction advantages

Senator Warren says Fed chair 'has to recuse himself' from reviewing regulatory failures

15.3.2023
Jerome Powell called for a “thorough, transparent, and swift review” of the Federal Reserve's supervision and regulatory activities following Silicon Valley Bank's closure

Why isn't the Federal Reserve requiring banks to hold depositors' cash?

15.3.2023
The fact that most banks aren’t required to keep your money on hand makes it likely that more bank failures will occur in the months ahead

Don’t Get Your Hopes Up: SVB's Demise Won't Bring Interest Rates Down

15.3.2023
The Federal Reserve’s new Bank Term Funding Program is a backstop for banks – but also a license to let interest rates rip

Australia's Treasury and Reserve Bank Held Consultations With Coinbase, Others: Report

15.3.2023
Australia's central bank and Treasury have held meetings with international crypto industry executives on the future of digital assets and regulation in the nation

Mad Money Jim Cramer on BTC Price Surge: ‘I Would Sell My Bitcoin Right Into This Rally’

15.3.2023
The host of Mad Money, Jim Cramer, says he would still sell bitcoin despite the failures of major banks and growing public distrust in the banking system and the Federal Reserve. “Bitcoin is a strange animal,” he said, asserting that the price of the cryptocurrency is “being...

Circle CEO 'able to access' $3.3B of USDC's reserves at Silicon Valley Bank

15.3.2023
Circle’s earlier disclosure that $3.3 billion worth of USDC reserves were held with Silicon Valley Bank resulted in it losing market share to its competitor USDT

Billionaire ‘Bond King’ Jeffrey Gundlach Expects Fed to Raise Rates Next Week — ‘That Would Be the Last Increase’

15.3.2023
Billionaire Jeffrey Gundlach, aka the “Bond King,” expects the Federal Reserve to raise interest rates at its March meeting next week, which “would be the last increase,” he said. In addition, Gundlach cautioned: “The inflationary policy is back in play with...

Federal Investigators Probe Silicon Valley Bank Collapse; SVB and Top Execs Sued by Shareholders

14.3.2023
The parent company of Silicon Valley Bank, SVB Financial Group, and two senior executives have been sued by shareholders after SVB’s collapse last Friday. The proposed class action accuses SVB of hiding the fact that interest rate hikes would leave the bank in jeopardy. Additionally...

US Inflation Data Eases Concerns; Crypto Economy Jumps 11% Higher While Market Analysts Anticipate Fed’s Next Decision

14.3.2023
The U.S. Labor Department released the consumer price index (CPI) report on Tuesday. Although inflation increased in February year-over-year, the rise was expected, and the annual inflation rate for all items was 6%. The cooling inflation has eased some concerns, but fears of financial contagion...

Finance Firm Nomura Predicts Fed Rate Cut and End of Tapering This Month – What Would This Mean for Crypto?

14.3.2023
Financial services giant Nomura now believes the Federal Reserve is done with interest rate hikes and that it could even cut rates at its meeting next week. “In reaction to looming financial stability risks, we now expect the Fed to cut rates,” Nomura economists Aichi Amemiya and Jacob Meyer were...