Tag: Federal Reserve

After 2018’s bearish Q1 for the cryptocurrency market, Q2 is marked with positive news, increased adoption, institutional investing, and a generally bullish sentiment. Taking this trend further is a former Federal Reserve executive, who is certain about cryptocurrencies being adopted by central banks in the near future, providing customers and businesses with a fast, anonymous, and convenient payment tool. Currently,…

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On April 9, the chief of the NYSE declared that crypto trading is an area that they cannot ignore, and stated that people trust the mysterious creator of Bitcoin, Satoshi Nakamoto, more than they trust the Federal Reserve (or ‘the Fed’), the central bank of the world’s largest economy. In this article, we answer the question, ‘why do some people…

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With all the talk that surrounds crypto’s nature on a daily basis, the most recent term to be associated with it is “extremely volatile.” On Tuesday, the digital currency got called out for their extreme volatility by one of the members of the Federal Reserve’s board of governors. Owing to the sudden rise of bitcoin of over 1000 percent in…

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The Federal Reserve raised interest rates by 25 basis points Wednesday, March 21, 2018, taking the benchmark funds rate from a target of 1.5 percent to 1.75 percent. This was the first rate hike under the chairmanship of the new governor, Jerome Powell, who was handpicked by President Trump. The rise in interest rates will increase short-term lending rates for…

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Almost ten years since the global financial crisis and interest rates are still very low in the US. Higher inflation to reduce the debt load and the realization of the true state of the US economy may spark a positive fundamental driving BTC-USD to new highs over the medium term. Never for so long have interest rates been so low….

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On December 7, the Federal Reserve of the United States released an official research paper on blockchain entitled “Distributed ledger technology in payments, clearing, and settlement.” The study mainly entailed the practicality of the blockchain and the technology’s potential in the traditional financial industry. Over the past two years, banks, financial institutions, technology corporations and investment firms have spent billions…

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When Donald Trump successfully became the 45th president of the United States of America, most of the media was in shock. But not shocked enough to stop trumping up the idea that Bitcoin’s price rises as a safe haven asset in response, while the world slips off into panic and chaos. Most media outlets in Europe were outraged about the…

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Since the beginning of the blockchain hype, banks and financial institutions have emphasized the importance of permissioned blockchains or private networks in overseeing cross-border transactions and the settlement of assets. Federal Reserve governor Lael Brainard disagrees, stating the security of blockchain networks should always be the priority. Earlier in September, multi-billion dollar research firm Accenture spurred a series of controversial…

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