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The Federal Reserve sees a future for crypto in banking, with Chair Jerome Powell saying banks can serve crypto customers—if they manage risks responsibly. Fed Chair Jerome Powell Breaks Silence on Crypto: What the Fed Thinks About Bitcoin Now Federal Reserve Chair Jerome Powell held a postmeeting press conference on Jan. 29 following the central … Read more
Following former President Donald Trump’s declaration that he would “demand” interest rate cuts from the U.S. Federal Reserve, policymakers defied external pressure Wednesday, maintaining the federal funds rate without adjustment. FOMC Monetary Policy Unmoved At its first 2025 gathering on Jan. 29, the Federal Open Market Committee (FOMC) observed that “economic activity has continued to … Read more
Seven days into Donald Trump’s tenure as the 47th U.S. president, his administration has swiftly moved to dismantle a slew of regulations established under his predecessor, Joe Biden. The abrupt reversal of policies has ignited debates about the ideological pivot now shaping federal governance. Ron Paul’s Video Message to Trump Insists That the U.S. Cut … Read more
“Higher-than-expected inflation could trigger equity market volatility, potentially dragging Bitcoin lower,” Bitfinex’ head of derivatives told Cointelegraph. Go to Source
Binance Open Interest surged approximately $500 million just two hours after the CPI results “brought smiles to the faces of crypto investors,” says an analyst. Go to Source
Sustained outperformance may hinge on whether US President-elect Donald Trump implements pro-crypto policies once he takes office on Jan. 20. Go to Source
Bitcoin futures markets may still be overheated, and a hotter-than-expected CPI could trigger further drawdowns, Steno said. Go to Source
The upcoming US presidential inauguration could be a positive catalyst, the asset manager said. Go to Source
In just 26 days, the Federal Open Market Committee (FOMC) of the U.S. Federal Reserve will gather to deliberate on whether to adjust the federal funds rate. As of Jan. 2, 2025, with the next meeting slated for Jan. 29, the market anticipates no movement in the rate. Fed’s Rate Play: Markets Brace for January … Read more
Bitcoin is now down around 11% after reaching its all-time high price of $108,135 on Dec. 17. Go to Source
