fed

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%.

1 year 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…

1 year 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…

1 year 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.

1 year 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…

1 year 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.

1 year 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

Bitcoin Crosses $28,000 On Positive US Inflation Data

Bitcoin rose after US inflation statistics for April came in lower than expected.

2 years ago

Federal Reserve Raises Interest Rates 25bps For 10th Consecutive Time

The Federal Reserve raises interest rates by 25 basis points, marking the 10th consecutive increase. Despite calls to halt hikes,…

2 years ago

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