Fed will have to continue its strong posture until the next meeting. Following the data release in May, Treasury rates spiked, and stock futures plummeted. On June 15, the U.S Federal Reserve will meet to decide interest rates, and investors fear a more hawkish tone from the central bank, which
The Federal Reserve is expected to raise the interest rate by 50 basis points. The Terra ecosystem crash caused a ripple effect across the market. The Consumer Price Index (CPI) rose by one percent between May and June, bringing its year-over-year gain to 8.6 percent, while the crypto sector continues
Custodia was one of the first Special Purpose Depository Institutions (SPDIs). Custodia applied for a Federal Reserve master account in October 2020. Federal Reserve Board of Governors and Federal Reserve Bank of Kansas City are being sued by Wyoming-based digital asset bank Custodia for “unlawful delay” in processing its master
Experimentation and technical research have been used to investigate CBDC. The Federal Reserve says it is the safest method of expanding payment alternatives. CBDC, which is expected to be widely accessible, will become the Federal Reserve’s liability instead of ordinary currency, which will be the central bank’s responsibility. Currently, the
The price of Bitcoin (BTC) has fallen to $41,897.15, a three-week low. BTC’s long holdings were liquidated in big numbers last week. BTC continued its downward trend on Monday, slipping even farther into the trading range it has been in for much of the year. Inflation and a more hawkish
The crypto market’s overall valuation fell back below $2 trillion on Saturday. Bitcoin is down 0.84% in the last 24 hours. There were several significant liquidations in the market due to Bitcoin’s (BTC) sudden fall from its 2022 high. This year witnessed the largest liquidation of long holdings, which had
The largest currency climbed to $48,000 last week before retracing its course. The Nikkei 225 index of Japan’s stock market fell more than 1.5 percent earlier today. A 5% correction has occurred in Bitcoin (BTC), and the wider crypto market as investors prepare for the Fed’s largest rate hike. Bitcoin
Traders and experts await the next move amid a general lack of direction. MicroStrategy acquiring 4,000 BTC failed to have a lasting impact on the market. Wednesday’s opening of Wall Street saw Bitcoin (BTC) fall below $44,000 for the second time in less than a month. At the end of
The Fed’s policy shifts have caused a 40% drop in the price of Bitcoin recently. The Federal Reserve Board will now wrap up its monetary policy meeting today. The Bitcoin price has been stagnant in the last several days as investors await the Federal Reserve’s interest rate announcement. For much
This week’s crypto performance is likely going to be influenced by the Federal Reserve. Bitcoin has been down 0.01% in the last 24 hours. Bitcoin (BTC) begins a new week amid a major macroeconomic shift. The United States Federal Reserve is expected to be the most talked-about topic for investors
