Bitcoin and ether prices fluctuated sharply following the U.S. Federal Reserve’s decision to raise interest rates by 0.25%, its first increase since July 2023. Bitcoin
Tag: Federal Reserve
US House Committee Passes Bill to Establish Federal Bitcoin Reserve
The US House Committee on Financial Services has approved legislation to create a federal Bitcoin reserve, marking a significant shift in how the US government
Federal Reserve Board Seeks Public Input on Stablecoin Regulatory Proposals Under GENIUS Act
The Federal Reserve Board has initiated a 60-day public comment period on two regulatory proposals aimed at governing payment stablecoin issuers under the GENIUS Act.
Bank of Japan Raises Interest Rates to 1.25%, Highest in 31 Years
The Bank of Japan (BOJ) has raised its benchmark interest rate to 1.25%, the highest level in three decades, in a move aimed at curbing
US Treasury triples liquidity buybacks as Bitcoin price fails to rally
The US Treasury Department has significantly expanded its programme to purchase longer-dated government debt, raising liquidity-support buybacks to $6 billion, but Bitcoin’s price has shown
Bitcoin Struggles to Break $80,000 Amid Low Volatility Ahead of Key Economic Events
Bitcoin has remained below the $80,000 threshold despite intermittent upward momentum, with market participants citing subdued implied volatility as traders await pivotal economic data. Options
Bitcoin Holds Near $78,000 Amid Geopolitical Tensions and Fed Rate Hike Expectations
Bitcoin remained close to $78,000 on Tuesday, preserving much of its strong August performance despite rising oil prices and anticipation of a Federal Reserve rate
Bitcoin Faces Key Resistance as Fed Rate Hike Bets Rise Amid Geopolitical Volatility
Bitcoin remains under pressure near $86,000 as financial markets increasingly price in a 60% chance of a Federal Reserve rate hike in September, according to
Bitcoin Falls Below $78,000 Amid Higher-Than-Expected US PCE Inflation Data
Bitcoin (BTC) fell below $78,000 on Wednesday as investors reacted to US inflation data exceeding expectations, with the July Personal Consumption Expenditures (PCE) index rising
Bitcoin Surges to Multi-Month Highs Amid U.S. Treasury Buyback Announcements
Bitcoin (BTC) surged to multi-month highs on Monday, briefly reaching $81,000 before retreating, with the rally attributed to last week’s U.S. Treasury buyback announcement. The
