TradFi Liquidity Stress Indicator Surges. What Does It Mean for BTC?
The secured overnight financing rate surged Monday, indicating liquidity stress in the U.S. banking system.
Federal Reserve
Fed Sees Just One Rate Cut This Year; Bitcoin Gives Up Session Gains
Fed Chair Jerome Powell (Helene Braun/CoinDesk)
Fed Should Cut Interest Rate as Restrictive Stance Adds to Inflation, Democrats Say
Elevated interest rates aimed at taming inflation have become a part of the problem, three Democrat senators said.
U.S. Crypto Regulations Are Moving Against a CBDC and Non-Compliant Stablecoins Like Tether: JPMorgan
Out of four recent crypto regulatory initiatives, the stablecoin bill has the highest chance of being passed before the U.S. presidential election, the report said.
Finance market prices a single interest rate cut for 2024 in the U.S.
The finance market has dramatically shifted its expectations for U.S. interest rates in 2024, now pricing in just a single … Continue reading
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Bitcoin’s Modest Rally Cut Short, Price Tumbles Back Below $61K
Stagflationary U.S. economic data and hawkish remarks from a Fed speaker appeared to sour the bullish mood.
U.S. Financial Industry to Explore Sharing Ledger Technology for Multiasset Transactions
Major stakeholders in the U.S. financial sector, including Citi, JPMorgan, Mastercard, Swift and Deloitte, are teaming up to explore sharing ledger technology by simulating multiasset transactions in dollars.
Federal Reserve Holds Policy Steady, Says Progress on Inflation Has Stalled
Hopes for a series of interest rate cuts in 2024 have been quickly vanishing over the past few weeks as both the economy and inflation exhibit unexpected strength.
Bitcoin Tumbles Below $60K, Risking Deeper Pullback as Crypto Markets Endure Worst Month Since FTX Crash
Recent U.S. economic data could prompt more hawkish forward guidance from the Federal Reserve.
Investors adjust their bets on Fed’s interest rate cut for 2024
Finance markets trembled early this week in the expectation of the Federal Reserve’s target interest rate decision on May 1. … Continue reading
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