Federalreserve

Crypto Bank Custodia Files Lawsuit against Federal Reserve for Delaying Master Account Application
Federalreserve

Crypto Bank Custodia Files Lawsuit against Federal Reserve for Delaying Master Account Application

Wyoming state-based digital asset bank Custodia has filed a lawsuit against the authority for unlawfully delaying a decision on its applications for a master account.

American Bankers See No Compelling Case for Digital Dollar
Federalreserve

American Bankers See No Compelling Case for Digital Dollar

The ABA said that it has not seen a compelling case for the pursuit of the Digital Dollars as any attempt to float the new form of money will undermine the role of banks and private financial institutions in the country.

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

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
Federalreserve

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.

Bitcoin Falls Below $44K, Attributed to the Fed Plans to Raise Interest Rate in March
Federalreserve

Bitcoin Falls Below $44K, Attributed to the Fed Plans to Raise Interest Rate in March

Attributed to the preliminary raise of the interest rate in March, revealed by the U.S. Fed, Bitcoin's price fell below $44,000 and the lowest trading price was as low as $42,413.

Digital Dollar Project to Begin Pilot Testing to Gather Data for CBDC
Federalreserve

Digital Dollar Project to Begin Pilot Testing to Gather Data for CBDC

The Digital Dollar Foundation is planning to run a pilot test for the US CBDC project.

Fed Chair Powell: Cryptocurrencies not Useful Stores of Value and CBDC Issuance Will not be Immediate
Federalreserve

Fed Chair Powell: Cryptocurrencies not Useful Stores of Value and CBDC Issuance Will not be Immediate

Federal Reserve Chairman Jerome Powell’s stance on Bitcoin and cryptocurrencies remains unchanged – he views them primarily as “a speculative asset.”

Federal Reserve Bank Sees Nationwide Outage Days After Treasury Sec Says Bitcoin is "Extremely Inefficient"
Federalreserve

Federal Reserve Bank Sees Nationwide Outage Days After Treasury Sec Says Bitcoin is "Extremely Inefficient"

The Federal Reserve Bank suffered a massive outage on its system, lending credence to the superiority of Bitcoin as a decentralized network.

Fed Chair Powell Says Central Bank Will Engage with US Lawmakers On Digital Dollar
Federalreserve

Fed Chair Powell Says Central Bank Will Engage with US Lawmakers On Digital Dollar

Federal Reserve Chair Jerome Powell says it will be up to United States lawmakers whether or not to bring a digital dollar to the market.

Bitcoin and Tesla Prices Plunge as FED Hints QE Scale Back to Avoid Asset Bubbles
Federalreserve

Bitcoin and Tesla Prices Plunge as FED Hints QE Scale Back to Avoid Asset Bubbles

Analyst narratives on why Tesla and Bitcoin crashed yesterday are varied, but a look at the FOMC minutes hint at scaling back QE to avoid asset bubbles may be an indication.

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