Market Analysis
Long-dated U.S. Treasury yields are slumping ahead of the Jackson Hole meeting.
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Federal Reserve News
The Federal Reserve. or The Federal Reserve System, is the central bank of the United States that was founded in 1913 by the U.S. Congress in order to establish central financial control. The Federal Reserve is responsible for a lot of functions, so some may become confused about its role and ask the question “what does the Federal Reserve do?” The main objectives of the Federal Reserve System were established along with its founding in 1913. They are: maximizing employment, stabilizing prices and moderating long-term interest rates. Those are achieved by open-market operations, placing the discount rate, and establishing reserve requirements for financial institutions. Decisions and prognoses of the Federal Reserve are crucial for world’s economy because most economic operations are dependent on the U.S. dollar, which falls under the Federal Reserve’s control.
- Market Analysis
The Fed’s plan to taper a massive monthly economic stimulus pulled stocks down, but BTC ignored critical comments and looks strong heading into Friday’s options expiry.
23997 - Market Analysis
The benchmark cryptocurrency retreated alongside risk-on markets as investors shifted their exposure to the U.S. dollar.
11567 - Altcoin Watch
The market capitalization of the world’s largest stablecoin received a boost despite facing regulatory threats in the United States.
11110 - News
Circle is willing to operate under the supervision of the Federal Reserve, the U.S. Treasury, the OCC and the FDIC, CEO Jeremy Allaire said.
8996 - News
Chris Waller’s comments come after Jerome Powell said that the Federal Reserve would be issuing a discussion paper on CBDCs.
2082 - Market Analysis
Bitcoin is in wait-and-see mode as the dollar trades near two-month lows on warnings that the Fed could continue its stimulus programs.
4338 - Market Analysis
“This is just on-chain sentiment, though. The big question is, how does that correlate to the price action in general?”
12394 - News
The bill also calls for the U.S. Federal Reserve to be vested with the clear authority to issue a digital dollar.
11411 - Market Update
The Federal Reserve chairman had to explain what he meant by the term "transitory" inflation as he admitted that consumer prices have gone higher than he and other central bank officials had anticipated.
20151 - Markets News
The two cryptocurrencies appear directionless after correcting in sync lower from their monthly highs.
15667 - News
Rich Checkan described CBDCs as the spawn of Satan and thinks that Bitcoin is still a speculative asset and not a currency alternative yet.
5415 - Markets News
Bitcoin's drop below $30,000 has sparked worries that it is heading to $20,000 next, but is such a massive drop feasible against the backdrop of current macro fundamentals?
12260 - News
Yale Professor Gary B. Gorton and Jeffery Zhang of the Board of Governors of the Federal Reserve System have co-authored a 49-page paper called, “Taming Wildcat Stablecoins.”
9244 - Market Analysis
The latest meltdown in BitFinex BTC shorts could follow up with a spike in spot Bitcoin bids, stated one analyst.
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