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Federal Reserve Keeps Interest Rates Steady, Bitcoin Responds with Significant Fluctuations

Federal Reserve Keeps Interest Rates Steady, Bitcoin Responds with Significant Fluctuations

Federal Reserve officials has agreed to keep interest rates unchanged following 10 consecutive hikes. However, the Federal Reserve hinted that they may consider a rate hike next month if the economy and inflation don't show further signs of cooling down.

Independent Reserve Considers Expansion to Hong Kong

Independent Reserve Considers Expansion to Hong Kong

Independent Reserve, an Australia-based cryptocurrency exchange, is exploring opportunities to expand its business in Hong Kong following the city’s recent proposal of a licensing regime for crypto exchanges. The company sees Hong Kong as a potential friendly jurisdiction for its business expansion in Asia.

SEC Report Reveals MicroStrategy “May Increase” its Bitcoin Holdings Beyond Initial Purchase of $250 Million

SEC Report Reveals MicroStrategy “May Increase” its Bitcoin Holdings Beyond Initial Purchase of $250 Million

Microstrategy has revealed in its United States Securities and Exchange Commission (SEC) report that it “may increase” its Bitcoin (BTC) holdings.

Bitcoin Safe Haven Status Under Fire Following US Federal Reserve Rate Cuts to Combat Coronavirus Disruption

Bitcoin Safe Haven Status Under Fire Following US Federal Reserve Rate Cuts to Combat Coronavirus Disruption

The reaction of the bitcoin market to the first rate cut from the Federal Reserve since December 2008, during the global financial crisis, is being carefully observed by the crypto community and may eventually reveal the cryptocurrency’s true nature.

US Representative Tom Emmer Introduces Legislation to Limit Fed

US Representative Tom Emmer Introduces Legislation to Limit Fed

Representative Tom Emmer presented the "CBDC Anti-Surveillance State Act" to encourage financial privacy and CBDC transparency.

The Fed Rejects Custodia Bank's Membership Application

The Fed Rejects Custodia Bank's Membership Application

The Fed rejected cryptocurrency-focused Custodia Bank membership again, citing "sound banking operations."

Bitcoin Climbs to $40K Despite Fed’s Interest Rate Hike, Is Sell The Rumor Buy The News Playing Out?

Bitcoin Climbs to $40K Despite Fed’s Interest Rate Hike, Is Sell The Rumor Buy The News Playing Out?

Despite the Federal Reserve (the Fed) increasing interest rates by half a point (0.5%), Bitcoin soared by 6% to reach $40,002.

US Federal Reserve Raises Interest Rates since 2018: Implications for Crypto

US Federal Reserve Raises Interest Rates since 2018: Implications for Crypto

The United States Federal Reserve has raised its interest rates by 25 basis points, the first time in about three years it will be making such a move since Dec. 2018. The implications for crypto is considered.

Binance Publishes Details of Holdings in its Hot Wallet

Binance Publishes Details of Holdings in its Hot Wallet

Binance has posted a snapshot of its hot wallet reserve to lead the exchange's transparency push

Fed Is Driving Current Downturn, Crypto Billionaire Says

Fed Is Driving Current Downturn, Crypto Billionaire Says

While investors have become increasingly concerned with rising inflation, the Fed planned to address it by hiking interest rates. The central bank has been clear with regards to what it would do to control inflation.

Why Bitcoin Has Threatened US Dollar Dominance and Federal Reserve

Why Bitcoin Has Threatened US Dollar Dominance and Federal Reserve

How Bitcoin has threatened US dollar dominance and Federal Reserve power, and has been reducing the role of the government in issuing money.

Indian Government Affirms to Regulate Digital Currencies instead of Banning

Indian Government Affirms to Regulate Digital Currencies instead of Banning

Affirming the prior speculations on the concerted efforts of the Indian parliament and government to regulate the developing world of cryptocurrencies.

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