Bitcoin nearly loses $59K as DXY surges: Are traders bracing for more pain?
Bitcoin drops toward new 2026 lows as spot BTC ETF outflows and slowing accumulation from Strategy weigh on market sentiment.
Category: Federal Reserve
Crypto market treads thin ice following Warsh FOMC, Trump Iran comments
Markets wobbled after mixed comments from President Trump on the Iran peace deal and Fed Chair Kevin Warsh signaling a new direction from the Federal Reserve.
Custodia Bank’s Appeal Denied In Battle Over Fed Master Account – Details
Custodia Bank, the popular crypto bank founded by Caitlin Long, has suffered another court setback in its fight for a Federal Reserve master account. Notably, the Wyoming-based institution failed to secure a favorable appeal ruling after an initial court rejection in March 2024. Related Reading: US Urges Global Regulators To Review Bank Crypto Standards Amid […]
Crypto Boom Soon? Major Banks Predict At Least 2 Rate Cuts After Weak Labor Data
The crypto market has been quite excited about the possibility of the United States Federal Reserve cutting interest rates in the remaining months of the year. This display of emotions could be seen in the last crypto market rally on the back of a positive Jackson Hole speech by Fed Chairman Jerome Powell. A different […]
Analysts Sound The Alarm: Fed Rate Cut Hopes May Backfire On Crypto
Market confidence over a possible Federal Reserve rate cut has pushed crypto prices higher in recent days, but analysts warn that the mood could flip quickly. Related Reading: No Crypto In Office? Pennsylvania Lawmakers Push New Ban According to Santiment, social chatter around the words “Fed,” “rate,” and “cut” has hit an 11-month high, a […]
Did This Federal Reserve Announcement Just Put Ripple In The Ranks Of SWIFT And BRICS?
In a recent short post on its official X account, the Fed confirmed that the migration to the ISO 20022 messaging standard has been completed. The news might sound highly technical, but XRP proponents and payment analysts see it as a quiet milestone that could transform how money moves across borders. Interestingly, this development actually […]
Fed’s Bowman Backs 3 Rate Cuts By Year-End – Another Crypto Catalyst?
Federal Reserve Governor Michelle Bowman has publicly called for the US central bank to implement multiple interest rate cuts before 2025 ends. Michelle’s statement comes amid a monetary policy stalemate between US President Donald Trump and Fed Chairman Jerome Powell. Related Reading: Trump Appoints Pro-Bitcoin Fed Economist, Boosts Crypto & Bitcoin Hyper Sentiment Rate Cuts […]