Interest rates will continue to rise while the euro area falls into recession, a high-ranking executive at the European Central Bank (ECB) has indicated. His statements follow the latest rate increase...
Tag: ECB
ECB publishes new digital euro report, rollout decision in fall 2023
The European Central Bank (ECB) has published its second report on the feasibility of launching a digital euro. It updates the progress made since the first report, published in September 2022. This i...
Bonds Get Wake-Up Call From ECB Warning
(Bloomberg) — European bondholders are coming to terms with the fact that this year’s devastating losses may have further to run in 2023. Most Read from Bloomberg The worst-ever year for the reg...
ECB Raises Interest Rates by 0.5 Basis Points to Curb Inflation
12 seconds ago | 2 mins read Bitcoin News European Central Bank’s benchmark interest rate will rise to 2% from 1.5%. The bank has signaled that it plans to increase interest rates further. The Europea...
ECB slows rate hikes, but signals it’s far from done
The European Central Bank delivered a half-point rate increase Thursday, slowing the speed of its monetary tightening after a pair of larger rate moves. But policy makers emphasized that market partic...
ECB Hikes Interest Rates by 50bps; Signals Need for Further Hikes to Fight Inflation – Economics Bitcoin News
The European Central Bank (ECB) decided to hike three of its key interest rates by 50 basis points (0.5%) as part of its ongoing war against inflation. The organization stated that further increases a...
ECB & Bank Of England Lift Interest Rates; Crypto Market Reacts
On Thursday, the European Central Bank (ECB) slightly reduced its record rate of interest rate increases, joining the U.S. Federal Reserve and other central banks around the world in stepping up their...
ECB follows trend of US an UK with 50 bps rate hike
The European Central Bank (ECB) has announced a hike of 50 bps (0.5%) Thursday. The move is largely in line with expectations, while it warned there are further moves on the horizon. “Interest rates w...
ECB hikes rates, sees significant increases ahead as it announces plan to shrink balance sheet
President of the European Central Bank Christine Lagarde attends a hearing of the Committee on Economic and Monetary Affairs in the European Parliament on November 28, 2022 in Brussels, Belgium. Thier...
ECB President Christine Lagarde speaks after rate decision
[The stream is slated to start at 8:45 EST. Please refresh the page if you do not see a player above at that time.] European Central Bank President Christine Lagarde is due to give a press conference ...
Fundamental Flaws in Crypto Finance: ECB Executive Board Member.
Executive board member of the ECB, Dr. Fabio Panetta, was speaking at the “Insight Summit.” held at London Business School (LSB) He believes only central banks can provide risk-free and dependable dig...
ECB, BOE, UK inflation data ahead
The EUR/GBP forex price has been in a consolidation phase as investors refocused on the upcoming European Central Bank (ECB) and Bank of England (BoE) decisions. It was trading at 0.8600, where it has...
“Crypto-assets have Become The Bubble of a Generation”: ECB
European Central Bank or ECB officials propose a ban on tokens with an “excessive ecological footprint.” Crypto Dominos At the LBS’s Insight Summit 2022, Fabio Panetta, ECB Executive Board member, say...
ECB considers Bitcoin ban to curb environmental damage
Fabio Panetta, a member of the European Central Bank’s executive board, said that the bank was “seriously considering” a Bitcoin ban (including other cryptocurrencies) due to the environmental damage ...
Crypto’s ‘Easy Money’ Scams Need Tougher Oversight – ECB Board Member
In a speech this week, European Central Bank board member Fabio Panetta called for broader taxation on crypto assets, which he likened to a Ponzi scheme. “The EU should introduce a tax levied on cros...
ECB official proposes ban on tokens with an ‘excessive ecological footprint’
Fabio Panetta, an executive board member of the European Central Bank (ECB), proposed banning crypto assets with a significant environmental impact as part of efforts to address risks. In written rema...
ECB attempts to tarnish crypto before CBDC rollout
As the European Central Bank prepares to issue its digital currency, executive member Fabio Panetta gives a speech based on trying to dissuade the public from investing in cryptocurrencies. A keynote ...
Crypto industry will survive bubbles of 2022: ECB official
European Central Bank (ECB) executive board member Fabio Panetta believes that the crypto sphere requires adequate regulation after recent crashes and insists that the bubbles won’t end the industry a...
Consumer price inflation almost at its peak, says ECB economists
European Central Bank Chief Economist Philipp Lane has stated that consumer price inflation is almost its peak as he conceded that lending rates are likely to be increased again. Inflation about to pe...
Bitcoin’s Value Artificially Inflated and Rarely Used for Legal Transactions, Says ECB
The latest critique came from the top leadership at European Central Bank (ECB), who stated that Bitcoin’s value “is likely to be artificially induced” while adding that the crypto-asset is on a “road...
Promoting Bitcoin Could Damage The Reputation Of Banks, ECB Warns ⋆ ZyCrypto
Advertisement     The European Central Bank has cautioned banks against promoting Bitcoin investments, arguing that the cryptocurrency’s apparent calm will likely pan ...
ECB reports Bitcoin’s last stand
The European Central Bank put out a blog yesterday heavily maligning Bitcoin. Rarely being used for legal transactions was one its allegations. The European Central Bank (ECB) published a blog on Wedn...
Why Bitcoin Is Becoming ‘Irrelevant,’ According To ECB Officials
Bitcoin has been under the radar of the the European Central Bank and now the level of monitoring has grown to such extent that puts Bitcoin in a bad light. The ECB has made a caustic comment arguing ...
Bitcoin Is on a “Poor Investment,” Says ECB
European Central Bank has launched an unprecedented critique of Bitcoin in an article on its website. Ulrich Bindseil and Jürgen Schaff, both of the ECB Market Infrastructure and Payments Division, hi...
Bitcoin Price Stability ‘Last Gasp Before The Road to Irrelevance’: ECB
The seeming stabilization of the price of Bitcoin (BTC) at levels around $20,000 in the months before the FTX collapse was “an artificially induced last gasp before the road to irrelevance.” Moreover,...
ECB Officials Say Bitcoin (BTC) Is About To Become Irrelevant, Claim Top Crypto on It’s ‘Last Stand’
High-ranking members of the European Central Bank (ECB) say that Bitcoin (BTC) is on the cusp of becoming an irrelevant asset. In a new blog post, ECB officials Ulrich Bindseil and Jürgen Schaaf say t...
ECB calls out BTC stability as market manipulation
According to a newly released report by the ECB, Bitcoin is in the final stages of becoming irrelevant due to its many shortcomings. The report stated that Bitcoin’s value stems from mere speculation,...
ECB Blog Post Insists This Is ‘Bitcoin’s Last Stand,’ Officials Claim BTC Is Headed Toward ‘Irrelevance’ – Bitcoin News
On Wednesday, Nov. 30, 2022, a blog post published by the European Central Bank (ECB) discusses bitcoin and the authors Ulrich Bindseil and Jürgen Schaaf seem to believe its “bitcoin’s last stand.” Th...
Eurozone inflation drops as ECB plans rate hikes
For the first in almost one and half years, Euro-zone inflation has declined, giving the European Central Bank (ECB) some hope in the fight against record inflation. Eurostat indicated that the Novemb...
Bitcoin is on its ‘last gasp before the road to irrelevance,’ ECB advisers argue
While bitcoin might appear stable for now, it’s on the brink of irrelevance — at least according to a report from two advisers to the European Central Bank (ECB). Bitcoin is rarely used in...
ECB president reiterates calls for ‘MiCA II’ in response to FTX collapse
Christine Lagarde, president of the European Central Bank, or ECB, has once again called regulation and supervision of crypto an “absolute necessity” for the EU in the wake of the collapse of crypto e...
ECB Governing Council Member Klaas Knots: Interest Rate Hikes Far From Over
Klaas Knot, a member of the Governing Council of the European Central Bank, has hinted that the interest rate hikes cycle intended to combat high inflation is far from over. In order to combat soaring...