Stay informed on Federal Reserve news, interest rate decisions, inflation policy, and economic outlooks. Explore how Fed actions impact crypto markets, traditional finance, and global monetary policy.
Bitcoin maintained support above $115,000 following the Federal Reserve’s 25 basis point rate cut, which fell short of the widely anticipated 50bp reduction.
The Federal Reserve officially terminated its Novel Activities Supervision Program, shifting crypto oversight to standard processes as Treasury rules out new Bitcoin purchases for strategic reserves.
The Fed’s decision to pause rate cuts reflects economic stability and persistent inflation, while simultaneously signaling a pivotal shift in its stance toward cryptocurrency adoption.
The M2 Money Supply has continued to grow with potential upside for Bitcoin and risk assets.
Michael Barr’s planned departure as Federal Reserve Board Vice Chair for Supervision marks a significant shift in financial oversight, with implications for both traditional banking and cryptocurrency regulation.
After steady economic growth as showcased by economic data, the Federal Reserve now have the basis to cut interest rate
A source familiar with the matter said that although the specifics of the legislation are unclear, the purpose of the bill is to direct the Federal Reserve to buy BTC and hold it as a reserve asset similar to how the central bank holds gold and foreign currencies.
Bitcoin’s major divergence from the US equity market comes amid forced selling by BTC miners in order to cover their operational costs.
Custodia’s lawyers argue that the Federal Reserve treating state-chartered banks differently when they try to get master accounts may go against the Monetary Control Act.
QCP Capital highlights the possibility of the US Federal Reserve being pressured to follow suit with other Central banks.
Over the past five years, central banks worldwide have shown significant interest in issuing CBDCs. According to research by the Atlantic Council, as of March 2024, 134 countries are exploring a CBDC, with 38 ongoing pilot projects.
The positive sentiment is driven by the world’s largest assets manager firm BlackRock recently announcing its tokenized fund targeting Ethereum’s BUIDL products.
Dimon expressed his well-known skepticism about Bitcoin, highlighting its uncertain use cases and involvement in illegal activities.
According to the official, the use of dollar stablecoins in the decentralized finance sector is good because it strengthens the USD.
A UBS strategist says that both gold and Bitcoin will benefit from the Fed when the agency decides to cut interest rates.