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Federal Reserve Cuts Interest Rates by 50 Basis Points to Address Economic Uncertainty

[yesterday 6:29 PM] The Federal Reserve made a significant decision today by cutting interest rates by 50 basis points, lowering the federal funds rate target range to 4.75%-5%. The move, the first substantial cut in over four years, reflects concerns over the state…

Fed Cuts Interest Rates by 50 Basis Points, Bitcoin Briefly Hits $61K

[yesterday 6:10 PM] Market participants were uncertain about the size of rate cut prior to the Fed meeting, laying the groundwork for volatility on the markets.

Fed Slashes Benchmark Interest Rate by 50bps in First Cut Since 2020

[yesterday 6:03 PM] On Wednesday, the U.S. Federal Reserve lowered its benchmark interest rate for the first time since March 2020. The Sept. 18, 2024 rate cut amounted to 50 basis points (bps), a notably bigger adjustment than many analysts anticipated. According to…

Bitcoin Surges to $60,000 as Markets Brace for Potential Fed Rate Cut

[Sep 13 8:09 PM] Bitcoin has climbed back to $60,000, fueled by anticipation of a Federal Reserve interest rate cut expected next week. Bitcoin's rally comes as markets prepare for the possibility of a 25-50 basis point rate reduction, a move that many believe…

The Fed Under Fire: Elizabeth Warren Pushes for Unprecedented Rate Cut

[Aug 27 4:05 PM] As the U.S. Federal Reserve’s Federal Open Market Committee (FOMC) gears up for its meeting on Sept. 18, anticipation is building for a rate cut. Market participants are placing their bets, with expectations leaning toward either a 25 basis…

Bitcoin Inflows Reach $543 Million as Powell Suggests Rate Cuts, Coinshares Reports

[Aug 26 2:45 PM] Coinshares, led by researcher James Butterfill, reports a significant uptick in bitcoin inflows following recent comments from Federal Reserve Chair Jerome Powell. The investment surge reflects the market’s response to potential interest…

Bitcoin chart signals possible move to $68K 'extremely quickly' — Traders

[Aug 25 3:28 AM] Bitcoin traders are targeting $68,000, provided Bitcoin can firmly hang onto $64,000, a level it has struggled to hold above since first reclaiming it 20 days ago.

Bitcoin Blasts to $64,853—Powell’s Rate Cut Hints Lift Entire Crypto Market

[Aug 23 10:31 PM] Bitcoin reached an impressive peak of $64,853 per unit on Friday, spurred by U.S. Federal Reserve Chair Jerome Powell’s speech at Jackson Hole, where he hinted at the possibility of rate cuts in September. The cryptocurrency showed a 5.3%…

Past rate cuts indicate potential crypto bull market catalyst — 21Shares

[Aug 23 8:04 PM] The US Federal Reserve is expected to begin lowering its benchmark interest rate in September.

Fed Chair Powell Signals Confidence in Inflation Control, Hints at Rate Cuts

[Aug 23 5:16 PM] Federal Reserve Chair Jerome Powell expressed confidence in the central bank’s progress in reducing inflation, suggesting that rate cuts may be on the horizon. Speaking at the Jackson Hole economic symposium, Powell emphasized the Fed’s…

Fed Chair Jerome Powell: Time Has Come for Policy to Adjust

[Aug 23 2:14 PM] Bitcoin TKTK

Bitcoin Pops Over $61K, XRP Leads Gains Among Majors

[Aug 20 7:09 AM] Some traders expect market movements nearer to Friday when Federal Reserve chair Jerome Powell is scheduled to speak at the Jackson Hole symposium.

QCP Capital Analyzes Market Sentiment Ahead of Fed Chair’s Speech at Jackson Hole

[Aug 19 5:30 PM] QCP Capital’s latest insights report offers a fascinating blend of optimism and caution as investors eagerly anticipate Federal Reserve Chair Jerome Powell’s speech at the Jackson Hole symposium. The firm observes a buoyant mood in…

Robert Kiyosaki Advises Preparing for Crash Landing — Says ‘Time to Save Yourself’

[Aug 17 11:30 PM] Rich Dad Poor Dad author Robert Kiyosaki has explained why he is preparing for a crash landing. He criticized U.S. leadership, including Vice President Kamala Harris, Treasury Secretary Janet Yellen, and Fed Chairman Jerome Powell, calling them…

Trump Suggests Presidents Should Weigh in on Fed Policies, Jabs at Powell’s Interest Rate Timing

[Aug 9 12:30 PM] On Thursday, at a press conference held at Mar-a-Lago, former President Donald Trump shared his thoughts with reporters, stating that the sitting president should have a voice in the U.S. Federal Reserve’s monetary policies. Trump targeted…

North Carolina lower chamber overturns governor’s veto of CBDC ban

[Aug 1 9:32 PM] The bill received strong support in the General Assembly. Now, the state Senate will consider overturning the veto.

Bitcoin slips below $65K as Fed holds rates, hints at September cut

[Aug 1 2:48 AM] Bitcoin dropped below a key price point after the US Federal Reserve decided to hold rates steady, and tensions flared up in the the Middle East.

No Rate Cuts Yet: Fed Maintains Rates at Historic Highs 

[Jul 31 6:25 PM] The U.S. Federal Reserve has opted to maintain the federal funds rate target range at 5.25-5.5%, according to the latest report from the Federal Open Market Committee (FOMC). The committee noted that while inflation has eased over the past year, it…

All Eyes on the Fed: Steady Rates Anticipated, September Reduction Likely

[Jul 30 10:06 PM] The U.S. Federal Reserve is set to convene its monthly Federal Open Market Committee (FOMC) meeting to evaluate the state of the economy and determine if the central bank should adjust the federal funds rate. The prevailing market sentiment…

Fed Chair Powell Reveals No Contact With Biden in 2 Years Amid Economic Challenges

[Jul 10 1:08 PM] Amid swirling speculation in Washington D.C. about whether President Joe Biden will seek reelection in 2024 and questions about who really governs the nation, Fed Chair Jerome Powell disclosed that he hasn’t spoken with the U.S. President for…

Citi Analysts Predict 8 Weeks of Fed Rate Cuts Starting in September, Powell Seeks Evidence

[Jul 9 9:31 AM] Analysts from Citi, the American multinational investment bank and financial services corporation, predict the U.S. Federal Reserve will begin reducing rates by September, totaling a 200 basis points (bps) cut over the next eight Federal Open…

Bitcoin Little-Changed Above $57K as Fed Chair Powell Testifies to Congress

[Jul 9 9:18 AM] Jerome Powell made clear that central bank policymakers are focused on downside risks to the economy as much as they are inflation.

Fed’s Minutes Report Cites High Inflation and Economic Risks in Decision to Hold Rates

[Jul 4 12:04 PM] According to the minutes from the Federal Reserve’s Federal Open Market Committee (FOMC), the choice to maintain the federal funds rate in its current range was driven by concerns about ongoing inflation and economic instability. Economic…

Bitcoin Dips to $56,952 as Market Reacts to Mt Gox and German BTC Moves

[Jul 4 5:33 AM] On Thursday, July 4, 2024, the price of bitcoin fell below $57,000, reaching a low of $56,952 at 5:20 a.m. EDT. There is widespread speculation about the Mt Gox distribution and the German government’s transfer of approximately 3,000 bitcoin…

IMF Advises US to Keep Interest Rates Steady Through Late 2024

[Jul 3 5:16 PM] The International Monetary Fund (IMF) has advised the U.S. to improve its fiscal position by reducing spending and increasing revenues. The IMF emphasizes addressing rising debt through policy adjustments and recommends maintaining current interest…

Analyst targets $91.5K Bitcoin next despite Fed’s ‘hawkish tone’

[Jun 12 9:14 PM] Pseudonymous analyst CryptoCon is confident Bitcoin will surge 25% above current all-time highs — its next big “step” before cracking the cycle’s top of $123,982.

US Senators Urge Federal Reserve to Cut Interest Rates — Warn Fed Policy Threatens Economy, Risks Recession

[Jun 11 9:10 AM] Three U.S. senators have urged Federal Reserve Chair Jerome Powell to cut interest rates, arguing that high rates stifle the economy and raise housing and auto insurance costs, which are key inflation drivers. They warn that prolonged high rates…

FOMC Preview: How Will Bitcoin And Crypto React? All You Need To Know

[Jun 11 1:30 AM] As the financial markets brace for the upcoming Federal Open Market Committee (FOMC) meeting on Wednesday, June 12th, the Bitcoin and crypto community is poised to assess the implications of any Federal Reserve announcements on digital assets such…

Cautious Bitcoin Bounce to Face Inflation Data Hurdles Later This Week

[May 13 12:57 PM] The downtrend in inflation has stalled so far this year, putting in doubt the odds for any Fed rate cuts in 2024.

Jerome Powell’s pivot heralds a boring summer for Bitcoin

[May 1 1:38 PM] The Federal Reserve isn't sticking with the schedule of interest rate cuts it predicted earlier in the year. That makes navigating the market more challenging.