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Federal Reserve News
Latest Federal Reserve News
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Feature
Elon Musk raised concerns about whether Fort Knox is still holding $425 billion worth of gold. The posts reignited an old conspiracy theory about gone gold and sparked discussion about the advantages of Bitcoin. Donald Trump said he will audit…
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News
Georgia State Senator Greg Dolezal has introduced Senate Bill 178, which aims to permit the state treasurer to invest in Bitcoin. The bill, co-sponsored by Senators Brandon Beach and Clint Dixon, has been added to the Senate Hopper for consideration.…
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News
Eric Semler, Chair of Semler Scientific, has called on Zoom Communications to allocate its $7.7 billion cash reserves to Bitcoin, arguing it could drive growth and shareholder value. According to an X post, Semler cited his firm’s success with a…
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News
Fed Governor Christopher Waller believes there should be a framework that allows banks and non-banks to issue regulated stablecoins. According to a recent Bloomberg report, Waller stated that stablecoins have the potential to expand the reach of the U.S. dollar…
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News
A new analysis by VanEck suggests that 20 state-level Bitcoin reserve bills, if enacted, could lead to $23 billion in Bitcoin purchases, equivalent to 247,000 BTC. This estimate excludes potential pension fund allocations, which could further increase demand if lawmakers…
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News
Bitcoin stands poised to breakout from the current consolidation range on looming CPI data. The crypto market is closely watching today’s release of the January consumer price index by the U.S. Labor Department, with the data expected to trigger Bitcoin…
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News
Nearly a third of central banks have delayed CBDC rollouts, but 75% still plan to issue one, a survey finds. A new survey from the Official Monetary and Financial Institutions Forum and Giesecke+Devrient shows that 67% of central banks haven’t…
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News
Federal Reserve chair Jerome Powell told the U.S. Senate that regulators should” take a fresh look” at the crypto debanking debacle.
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Markets
Bitcoin’s first bearish signal since October is here. With key U.S. data ahead, traders are on edge — will BTC hold support or break lower? Bitcoin faces uncertainty Bitcoin (BTC) is treading on shaky ground as it struggles to reclaim…
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News
Missouri is joining the trend of states embracing Bitcoin by introducing its own Bitcoin reserve bill, known as House Bill 1217. Missouri Representative Ben Keathley introduced the bill, seeking to establish a Bitcoin Strategic Reserve Fund that would allow the…
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News
The National Bank of Poland has firmly ruled out the possibility of incorporating Bitcoin into its currency reserves, citing significant security concerns. NBP President and Monetary Policy Council Chairman Adam Glapiński emphasized the necessity of absolute security in reserve assets…
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News
Bitget Exchange CEO Gracy Chen has highlighted key developments in the Czech Republic’s approach to Bitcoin. Chen noted that if the Czech National Bank proceeds with its proposal to allocate 5% of its €140 billion foreign reserves into Bitcoin, the…
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Markets
Bitcoin and other altcoins remained under pressure on Wednesday after ADP released a stronger-than-expected private payrolls report. Bitcoin (BTC) continued trading below $100,000, while major cryptocurrencies like Ethereum (ETH), Solana (SOL), and Binance Coin (BNB) were in a tight range. …
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News
Neptune Digital Assets Corp., a leading Canadian blockchain company, has announced the acquisition of 20 additional Bitcoin and 1 million Dogecoin. The Bitcoin (BTC) purchase was made at an average price of $99,833 per BTC, totaling approximately $2 million USD.…
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News
Semler Scientific has expanded its Bitcoin holdings, acquiring an additional 871 BTC for $88.5 million. Between January 11 and February 3, Semler made this Bitcoin (BTC) purchase, which was funded through proceeds from a senior convertible notes offering and the…
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Feature
Following its January 28-29 meeting, the Federal Reserve kept interest rates unchanged, stating that it would wait for more substantial progress on inflation before considering any further cuts. However, what caught markets by surprise was Fed Chair Jerome Powell’s unexpectedly…