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Custodia Bank Founder Caitlin Long: ‘The Fed Thinks Only Large Incumbents Should Service Crypto’

[Jun 22, 2023 5:30 AM] Caitlin Long, the founder of Custodia Bank, has railed against the favoritism that the Federal Reserve and the institutions of the U.S. financial system are supposedly showing to incumbents. According to Long, regulators have applied double…

Fed rate pause triggers traders’ pivot to stocks — Will Bitcoin catch up?

[Jun 19, 2023 12:23 PM] U.S. stock markets hit year-to-date highs, the Fed paused rate hikes, and Binance.US and the SEC reached an agreement, but data shows Bitcoin bulls remain somewhat skittish.

Bitcoin, Ethereum Technical Analysis: BTC Moves Below $25,000 Following Fed Meeting

[Jun 15, 2023 7:00 AM] Bitcoin fell below the $25,000 level for the first time since March, as the Federal Reserve opted to keep rates unchanged. However, to the surprise of many, the Fed also forecasted two further hikes in this current cycle. Ethereum reacted…

Fed Pauses Interest Rates After 10 Consecutive Hikes; Committee Likely to Raise Rates ‘Somewhat Further’ This Year

[Jun 14, 2023 1:20 PM] In accordance with market predictions, the U.S. Federal Reserve decided to halt its rate hike this month after ten consecutive hikes since last year. The members of the Federal Open Market Committee (FOMC) asserted that the U.S. banking system is…

Bitcoin stays flat at $26K after PPL data as markets await Fed’s Powell

[Jun 14, 2023 7:24 AM] BTC price action shrugs off the latest signs that inflation is receding, with Bitcoin traders focused on Fed comments.

What Bitcoin And Crypto Traders Can Expect From Today’s FOMC Meeting

[Jun 14, 2023 5:00 AM] The Bitcoin and crypto market faces the most important event of this week and probably the entire month of June today with the Federal Open Market Committee (FOMC) meeting of the US Federal Reserve (Fed) at 2:00 pm EST (release of the interest rate…

Fed Preview: Bitcoin Market Skews Bearish as Analysts Anticipate 'Hawkish Rate-Hike Pause'

[Jun 14, 2023 3:41 AM] Options market shows a bias for puts, or bearish bets, tied to bitcoin ahead of the pivotal Fed meeting.

Economist Larry Summers Urges Fed to Consider Half-Point Rate Increase in July

[Jun 3, 2023 3:30 PM] Larry Summers, the American economist and former U.S. Treasury Secretary, believes that should the U.S. Federal Reserve refrain from increasing the benchmark interest rate this month, a half-point rate hike may be necessary for July. As per the CME…

Bitcoin Recedes to $27K as Fed's Mester Favors Unabated Tightening

[May 31, 2023 1:26 AM] "I don't really see a compelling reason to pause rate hikes," Fed's Master said, validating the recent hawkish repricing of interest rate expectations in the U.S.

Bitcoin Edges Below $28K as Investors Eye US Debt Ceiling Progress

[May 30, 2023 4:55 PM] Investors awaited a House vote on the debt ceiling deal, scheduled for Wednesday.

This bearish technical pattern hints at a double digit drop in Bitcoin price

[May 25, 2023 2:36 PM] Inflation concerns and the U.S. debt standoff cast a long shadow over Bitcoin’s dwindling bullish prospects.

Fed Survey: US Household Financial Well-Being ‘Declined Markedly’ in 2022

[May 24, 2023 12:30 AM] A survey by the U.S. Federal Reserve shows that American household financial well-being “declined markedly” in 2022. The share of adults who said they were worse off financially than a year earlier rose to “the highest level since…

Bitcoin Hovers Below $27K as Fed Chair Powell Makes Modestly Dovish Comments

[May 19, 2023 1:57 PM] “The financial stability tools helped to calm conditions in the banking sector. Developments there, on the other hand, are contributing to tighter credit conditions,” says U.S. central bank chair Jerome Powell in a Friday panel.

Hedge Fund Mogul Stanley Druckenmiller Warns of ‘Hard Landing’ for US Economy

[May 14, 2023 4:30 PM] Billionaire hedge fund manager Stanley Druckenmiller has a dire prediction for the U.S. economy: a recession is looming, and it’s likely set to hit this June. Druckenmiller’s forecast comes as American consumer spending remains low, and is…

Biden Appoints New Fed Vice Chair as Fedwatch Tool Shows Slim Chance of Rate Hike at June Meeting

[May 14, 2023 11:30 AM] Investors believe it is highly likely that the target rate will remain unchanged at the June 14 Federal Open Market Committee (FOMC) meeting, following the U.S. Federal Reserve’s decision to increase the federal funds rate by 25 basis points…

Ethereum derivatives flirting with bearishness: Mind the $1,820 support

[May 10, 2023 1:41 PM] The failed rally above $2,000 on May 6 has proven that ETH bulls are nowhere near comfortable adding leveraged longs.

Bitcoin Moves Sideways at $27.5K as Investors Await CPI Inflation Reading

[May 9, 2023 5:02 PM] Equities slid. Investors will be watching Wednesday's release of the April Consumer Price Index for clues about the Federal Reserve's next monetary policy decision.

Bitcoin Struggles To Break $30,000 Resistance Level: Here’s Why

[May 7, 2023 1:00 AM] The cryptocurrency market has been trading sideways in recent weeks, with the leading token, Bitcoin, following a similar pattern. Despite numerous attempts in April, Bitcoin has struggled to break the $31,000 mark. The price is blocked by its…

Bitcoin Provides Insurance Against Fiat Currency Failure, Says Validus Power Corp.’s Greg Foss

[May 6, 2023 11:30 PM] On May 4, in a recent Youtube video, Validus Power Corp.’s executive director, Greg Foss, discussed the potential for the banking industry’s failures to wipe out $10 trillion in equity. Foss expressed his support for “hard…

ECB Raises Interest Rates by 25bps Amid ‘Too High’ Inflation, ‘No Pause,’ Lagarde Says

[May 4, 2023 9:30 PM] The European Central Bank (ECB) raised its key interest rates by 25 basis points, slowing the pace from previous increases. However, as inflation in the euro area remains persistently high, future rate hikes may still be expected with the regulator…

Bitcoin Up After Fed Rate Reveal, Correlation With Stocks Over?

[May 4, 2023 8:20 AM] Bitcoin has surged above the $29,000 mark following the Fed rate hike of 25 bps, a sign that the asset may be decoupling from the stocks. Bitcoin Has Jumped Despite Fed Interest Rate Hike Announcement According to the on-chain analytics firm…

Ex-Coinbase Exec Balaji Srinivasan Closes Out $1 Million Bitcoin Bet

[May 3, 2023 11:30 PM] Former Chief Technology Officer at Coinbase, Balaji Srinivasan, closed out early a bet that the price of bitcoin would hit $1 million by mid-June amid hyperinflation of the U.S. dollar. Srinivasan paid a total of $1.5 million, more than the…

The Fed has little ammo left as $30K Bitcoin price becomes key battle line

[May 3, 2023 1:20 PM] BTC options and futures markets show no use of excessive leverage from buyers, a healthy indicator as the $28,000 support gets retested.

Ethereum price outlook weakens, but ETH derivatives suggest $1.6K is unlikely

[May 2, 2023 6:48 AM] Another top 20 U.S. bank bites the dust, but Ether’s price fails to benefit from the event.

Bitcoin Holds At $29,300 As PCE Comes Out Neutral

[Apr 28, 2023 6:49 AM] With today’s release of the Personal Consumption Expenditure (PCE) price index by the Bureau of Economic Analysis, the Bitcoin market just experienced the most important macro event of the week. Ahead of the Federal Open Market Committee…

AI tool created by JPMorgan analyzes Fed speeches to signal trades

[Apr 27, 2023 10:25 PM] The investment bank uses OpenAI's ChatGPT to sniff out trading signals from Federal Reserve policy statements.

NY Fed Policy Change Could Squash Stablecoin Issuer Circle’s Hope for Fed Access

[Apr 25, 2023 6:10 PM] Funds structured as stablecoin issuer Circle’s Blackrock-managed USDC reserve fund “generally will be deemed ineligible” for the New York Federal Reserve’s reverse repurchase program under the new rules.

Bitcoin Price May Hit $100K by Year End, Standard Chartered Bank Says

[Apr 24, 2023 8:32 AM] The report noted that the crypto winter is finally over and bitcoin halving is set to be a positive catalyst for the price.

US Treasury seeks to tighten nonbank rules following banking crisis

[Apr 24, 2023 12:18 AM] Janet Yellen called for further regulation of nonbank institutions, claiming they pose a systemic risk to U.S. financial stability.

Commodity Strategist Warns US Economy Heading Toward ‘Severe Deflationary Recession’

[Apr 20, 2023 6:30 PM] Bloomberg Intelligence’s senior commodity strategist, Mike McGlone, has warned that the U.S. economy is “heading towards a severe deflationary recession,” emphasizing that the Federal Reserve is still tightening. “Typically, when…