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Somerco Blockathon  •  
February 23-24, 2019

# Federal Reserve News

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...
April 16, 2018 by at Bitcoin, Commentary, News
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...
April 5, 2018 by at Altcoins, Bitcoin, Commentary, News
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 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...
July 26, 2017 by at Bitcoin, Commentary, Finance, News
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....
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