Search
Berkshire’s Charlie Munger Likes the Fed, Hates Bitcoin Promoters, Calls Tesla’s Success a Miracle
17.11.2022
Berkshire Hathaway Vice Chairman Charlie Munger, Warren Buffett’s right-hand man, has commented on the collapse of crypto exchange FTX, stating that “it is partly fraud and party delusion.” Noting that “the country did not need a currency that’s good...
Yellen Says FTX Collapse Shows Weaknesses of Entire Crypto Sector — Fed’s Brainard Pushes for Strong Regulation
16.11.2022
U.S. Treasury Secretary Janet Yellen and Federal Reserve Vice Chair Lael Brainard have stressed the need for strong crypto regulation. Yellen said the FTX collapse shows “the weaknesses” of the entire crypto sector while Brainard cautioned that failures from one platform...
Are Your Bitcoin Trades Losing on Fed Day? Just Wait Till Tomorrow
15.11.2022
BTC’s price has reversed direction on five of the six days following the Federal Reserve’s interest rate announcements
NY Fed launches 12-week CBDC pilot program with major banks
15.11.2022
Banking giants including BNY Mellon, Citi, U.S. Bank, and Wells Fargo will be issuing tokens and settling transactions through simulated central bank reserves as part of the pilot
Big Banks, NY Fed Start to Test Digital Tokens for 'Wholesale' Transactions
15.11.2022
A group of major banks have commenced a pilot project alongside the Federal Reserve Bank of New York to test the feasibility of using tokens representing digital dollars to improve how central bank money is settled between institutions
Ark Invest CEO Warns Fed’s Actions Could Lead to 1929-Like Great Depression — Elon Musk Agrees
14.11.2022
The CEO of investment management firm Ark Invest has warned that if the Federal Reserve does not pivot, the current economic setup will be similar to 1929 when the Great Depression started. Tesla CEO and Twitter chief Elon Musk agreed. The Fed, Inflation, and the Great Depression Ark Invest...
New York Fed collaborates with Singapore MAS to explore CBDCs
11.11.2022
A joint effort is aimed at assessing the possible use of wholesale central bank digital currencies in cross-border transactions
The US Government Holds Over 214,000 Bitcoin, Fed’s Stash Equates to More Than 1% of BTC’s Supply
8.11.2022
United States law enforcement officials announced on Monday that the U.S. Department of Justice (DOJ) seized “approximately 50,676.17” bitcoin from a Silk Road thief. The latest seizure adds to the cache of bitcoins the U.S. government holds today as three forfeitures during the last...
Brandt Says DOGE Bear Market Is Over, Kiyosaki Advises Buying BTC ‘Before Fed Pivot,’ Bitcoin.com Backed Ramírez Challenges for WBA Boxing World Title — Week in Review
6.11.2022
In this week’s hottest stories from Bitcoin.com News, veteran trader Peter Brandt says the bear market that began for dogecoin back in May is over, Bitcoin.com-backed boxer Gilberto ‘Zurdo de Oro’ (Golden Southpaw) Ramírez steps up for a shot at the World Boxing Association light heavyweight...
Silver Rallies 7% Rising Past $20 per Ounce, US Mint Says Fabricators Are ‘Struggling to Keep up With Demand’
5.11.2022
On Friday, as the global cryptocurrency market cap jumped 5.4% higher against the greenback, U.S. stocks rallied toward the end of the day with the top four major stock indexes gathering gains. Precious metals also soared as the New York spot price of gold per troy ounce increased by 3.20%,...
FX spot settlement in 10 seconds: NY Fed releases results of wholesale CBDC research
4.11.2022
Project Cedar successfully used custom distributed ledger technology to settle hypothetical transactions quickly “from the perspective of the Federal Reserve.”
‘Atomic Settlement’ — New York Fed Completes First Phase of Digital Dollar Experiment Called ‘Project Cedar’
4.11.2022
The Federal Reserve Bank of New York has published findings stemming from an experiment dubbed “Project Cedar,” a protocol that uses a wholesale digital dollar in order to improve financial transactions. Michelle Neal, head of the bank’s Markets Group remarked on Friday that...
CBDCs Could Reduce FX Transaction Speeds to 10 Seconds, NY Fed Says
4.11.2022
Foreign exchange transactions could drop from a two-day process to less than 10 seconds if central bank digital currencies (CBDCs) were involved, according to an experiment conducted by the Federal Reserve Bank of New York
Bitcoin bulls face $21K sellers as BTC price wipes out Fed FOMC losses
4.11.2022
$21,000 is looking tricky as sell orders mount, while buy walls dry up, taking potential support with them
Former Fed Chair Alan Greenspan Says Decreasing Supply of Greenbacks Makes the US Dollar a ‘Better Store of Value’
3.11.2022
On Nov. 2, 2022, the American economist and 13th chairman of the U.S. Federal Reserve, Alan Greenspan, published an opinion editorial that says he envisions a monetary “tailwind” for the U.S. dollar next year. Greenspan expects this to happen even if the Fed decides to pivot its restrictive...
The crypto market bottom is ‘almost in’ — Market Talks chats with trader Korean Jew Crypto
3.11.2022
Market Talks discussed the Bitcoin bottom, DOGE’s price action and signs to follow in order to know when it’s time to ape into crypto
Bitcoin holds $20K post-Fed as rising dollar sparks BTC price warning
3.11.2022
Potential headwinds are gathering for risk assets as Bitcoin puts FOMC volatility behind it
Bank of England Hikes Repo Rate by 75bps — UK’s 30-Year Fixed Mortgage Rate Jumps to 7%
3.11.2022
On Nov. 3, 2022, the Bank of England followed the U.S. Federal Reserve by codifying the eighth consecutive benchmark bank rate hike by 75 basis points (bps). The increase brings the United Kingdom’s main lending rate to 3%, after a majority of the Monetary Policy Committee (MPC) members voted...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Move Lower on Thursday, After Hawkish Fed Rate Hike
3.11.2022
Bitcoin fell towards the $20,000 mark on Thursday, after the U.S. Federal Reserve once again moved to increase interest rates. The Fed hiked rates by 75 basis points (bps), as it chose to maintain its current hawkish policy. Ethereum, which initially surged on the news, was also lower...
Bitcoin Price and Ethereum Prediction – BTC to Hit $21,000 Post-FOMC?
3.11.2022
On November 3, the Bitcoin price fell sharply following the Fed's interest rate hike decision, but the losses were short-lived as BTC reclaimed pre-FOMC trading levels. The Fed was widely expected to raise interest rates by 75 basis points, and the majority of that was already factored in, limiting...