News
Crypto Investors Withdraw Over $100M on Anticipated Interest Rates Hikes
Data from CoinShares shows that institutional investors withdrew $101.5 million in digital assets in the past week amid anticipated hawkish monetary policy by ...
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Bitcoin Plunges As US Inflation Rate Slows
Bitcoin has dropped 4.8% to about $30,145 after the inflation data report shows that the U.S. inflation slowed last month for the first ...
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Fed Faults Stablecoin Use in Margin Trading Over Transparency Issues
The US Federal Reserve says that the rising use of stablecoins to meet margin requirements in leveraged crypto trade increases the redemption risks. ...
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Fed’s Brainard Forecasts Methodical Rate Hikes, Faster Balance Sheet Reduction
Federal Reserve Governor Lael Brainard stated the task of reducing inflation pressures is paramount, stating the central bank could begin balance sheet reduction ...
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Stablecoins and a Fed Digital Currency Could Coexist, Says Powell
Jerome Powell, chairman of the Federal Reserve, reverses one of his prior positions on the relationship between CBDCs and stablecoins. Source: CryptoPotato BTC ...
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Fed Commence Tapering in Late November
The Federal Reserve stated on Wednesday that it will commence reducing the rate of its monthly bond purchases. Source: Federal Reserve. DXY up ...
