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Weekly Top Crypto News (June 12 – June 18)

The crypto market has seen the development of a slew of significant news impacting the Bitcoin price during the last…

2 years ago

Fed Pauses Interest Rates Due To Inflation Losing Steam, But More Hikes Coming

The Fed pauses interest rates, citing inflation numbers losing steam, as per Watcher Guru. FED Chair Jerome Powell emphasizes commitment…

2 years ago

Fed Doesn’t Raise Interest Rates, Bitcoin Stabilizes At $26,000

The Fed unanimously voted in June's FOMC to keep the federal funds rate between 5% to 5.25%.

2 years ago

CPI Hits Expectations At 4%, BTC Price Has A Slight Recovery

The consumer price index (CPI) in the US in May increased by 4.0% compared to the same period in 2022…

2 years ago

Custodia Bank Takes First Step To Win Its Lawsuit With The Fed

Custodia Bank advanced in its legal fight against the Federal Reserve when a federal court in Wyoming dismissed dismissal requests…

2 years ago

Bitcoin Holds $27,000 Ahead Of US May Employment Report

The price of Bitcoin fell after a mixed US Nonfarm Payrolls data for May.

2 years ago

Silvergate Agrees With The Fed With A Self-Liquidation Plan Within 10 Days

Silvergate Bank has agreed to the Federal Reserve's order and will submit a self-liquidation plan to the California financial regulator…

2 years ago

US PCE Core Inflation Grew 4.7%, Market Concerned About Fed Rate Hike

The Bureau of Economic Analysis announced the core personal consumption expenditures (US PCE) for the United States on Friday.

2 years ago

FED May Stop Raising Interest Rates In June, BTC Price Moves To $27,000

Federal Reserve Chairman Jerome Powell said stress in the banking system likely means the central bank won't have to raise…

2 years ago

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