fed

Mt. Gox Repayments Now Completed for Over 17,000 Creditors

The move follows Mt. Gox repayments on 5, 16, and 24 July 2024. Over 17,000 creditors have settled their debt…

5 months ago

Fed Interest Rate Steady At 5.25%-5.50%, High Odds For September Reduction

The Fed interest rate remains at 5.25%-5.50% as of July 2024, with cuts likely soon. The Fed aims to balance…

5 months ago

Senator Cynthia Lummis Proposes Bitcoin Reserve Bill as National Debt Hits New High

Senator Cynthia Lummis proposes a Bitcoin reserve to back the U.S. dollar and address the nation's $35 trillion national debt.

5 months ago

US Core CPI Data Shows Inflation Cooling, Bitcoin Backs Above $59,000

June's US core CPI data showed inflation eased to 3%, beating Wall Street expectations and marking a significant drop from…

5 months ago

German Government’s Bitcoins Continue to Put New Pressure on the Market

Bundestag member Joana Cotar criticized the German government's Bitcoin selling, citing privacy and financial concerns.

6 months ago

Fed Interest Rate Cut Is Positively Forecasted To Take Place By The End Of 2024

Minneapolis Federal Reserve President Neel Kashkari indicated a potential Fed interest rate cut in December.

6 months ago

Optimism About Fed Rate Cut Is Driving Bitcoin Price Above $70,000

Traders are pricing in a higher chance of a Fed rate cut later this year, leading to looser financial conditions…

7 months ago

Bitcoin’s Correlation With Technology Stocks Is Growing With Confidence About Interest Rates

Bitcoin's correlation with mainstream assets, like tech stocks, is on the rise, fueled by optimism over potential rate cuts by…

7 months ago

Crypto Market Liquidation Hits Record $920 Million In Last 24 Hours

Bitcoin's price fell sharply to $65,000, its lowest since March, amid crypto market liquidations of $920 million.

8 months ago

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