Citing an unlawful delay of 19 months over its application for a master account with the Federal Reserve, Custodia has today started a federal court action against the Federal Reserve Board and the Fe...
Tag: Fed
Caitlin Long’s Custodia Bank Sues the Fed
Key Takeaways Digital asset bank Custodia is suing the Federal Reserve Bank of Kansas City for delaying a decision to grant it a master account. Custodia claims the Federal Reserve has refused to act ...
How Will Bitcoin React To FED Interest Hike On June 15th ! BTC Price Preparing For Brutal Sell-off – Coinpedia – Fintech & Cryptocurreny News Media
Bitcoin’s price has returned to its favorite psychological level, which it has been trading at for the past month. While technical analysis only provides half of the picture of why a catastrophe is un...
Egg On Face: St. Louis Fed Uses Bitcoin As Unit Of Account
The St. Louis Federal Reserve has posted a new blog where it compares the price of eggs in USD versus Bitcoin. Although the blog is designed to crack a joke about the cryptocurrency, the Fed ultimatel...
Fed Prices Eggs in Bitcoin but Misses the Big Picture: Crypto Community Reacts
The St. Louis Federal Reserve published a blog post with the ratio of eggs to Bitcoin in a bid to criticize the volatility in the latter but ended up being ridiculed for the example. Cracking Bitcoin-...
Why is the Fed tracking the price of eggs in Bitcoin?
? Want to work with us? CryptoSlate is hiring for a handful of positions! Economist Turr Demeester tweeted that it’s “wild” that the St. Louis Fed compiles data for the ratio of eggs to Bitcoin. Wild...
These High-Yield Bond Funds Profit From The Fed
NEWPORT BEACH, CA., OCTOBER 1, 2014: PIMCO offices in Newport Beach where bond king Bill Gross used … [+] to work. Gross is now located in another tower(far right) down the street October 1, 201...
Fed forgets long-term dollar devaluation when pricing eggs in BTC
The St. Louis Federal Reserve stirred up a mix of amusement and curiosity from the crypto community on Tuesday, May 7, after publishing a post showing how the cost of eggs in Bitcoin (BTC) has fluctua...
Tech and Crypto in Peril as Fed Ends Liquidity Binge: Bloomberg Markets Survey
(Bloomberg) — The speculative darlings of the easy-money era — technology stocks and cryptocurrencies — are acutely vulnerable now that the Federal Reserve is shrinking its nearly $9...
Fed Governor Says Public Will Demand Crypto Regulation As ‘Intolerable’ Losses Mount
A top official at the U.S. Federal Reserve says the public will clamor for the regulation of the crypto markets as losses continue to pile up. In a new speech at the SNB-CIF Conference on Cryptoassets...
What made the Fed Governor agree to push regulations for crypto?
Every now and then demand for regulations on crypto emerged given the risks involved on digital assets for investors and general people Recently the Fed Governor made a statement regarding the crypto ...
US stocks end week lower after jobs data bolster case for Fed tightening
US stocks slid to another weekly loss on Friday, after the latest batch of data on the labour market reinforced expectations for aggressive monetary policy tightening from the Federal Reserve. The blu...
US Recession Is Avoidable If Fed Is Able to ‘Thread the Needle’
(Bloomberg) — To hear some of the chatter in financial markets and corporate America’s C-suites, a US recession is imminent and inevitable. Most Read from Bloomberg Not necessarily so. While the...
You Can’t Program Confidence In Crypto, FED Governor Warns
The crypto space has been gaining more and more attention recently. As per usual, government officials are highlighting the possible ways the new ascent class is harmful to retail investors and why th...
FED Raising Interest Rate By 50 bps In June! Crypto Market to Tumble More?
CEO of Tesla Elon Musk recently pointed to a negative trend in the crypto market. He said that the crypto market may face even more economic troubles in the coming months. In a recent tweet, Elon Seem...
Fed governor explains who needs crypto regulation and why demand for it is growing
Regulation is needed to open the crypto ecosystem to a larger public, United States Federal Reserve Board Governor Christopher Waller told an audience at the SNB-CIF Conference on Cryptoassets and Fin...
The SEC Is Fed Up With ESG Greenwashing
It was a bad May for greenwashing. On the 31st, German police raided Deutsche Bank and its asset management group DWS over accusations that they fudged their Environmental, Social and Governance (ESG)...
Fed had to choose Between Inflation or Recession: Chief Economist
One might cause a recession, while the other could keep inflation high until 2023. According to Mohamed El-Erian, Chief Economic Advisor of Allianz, the Federal Reserve will have to “choos...
NY Fed president urges colleagues to prepare for coming digital payment transformation
Get ready for a fundamental change in money and payments, John Williams, president and CEO of the Federal Reserve Bank of New York, told central bank officials, academics and financial industry leader...
Investors may be in for this rude surprise: History shows inflation can take years to return to normal even when Fed hikes above 10%
History can be a powerful tool, particularly in a high-inflation environment like this one in which no suitable economic model seems to apply. Inflation — running at 8.3% as of April, near a four-deca...
Fed Vice Chair Lael Brainard says it’s ‘very hard to see the case’ for the Fed pausing rate hikes
Federal Reserve Vice Chair Lael Brainard said Thursday that it’s unlikely the central bank will be taking a break from its current rate-hiking cycle anytime soon. Though she stressed that Fed po...
Hiring Has Slowed Across All Industries, ADP Reveals In Worst Private Jobs Report Since 2020
Topline As looming interest rate hikes fuel uncertainty over the economic recovery, private U.S. employers posted their worst monthly job growth in more than two years on Thursday, according to payrol...
Fed Paper Sheds Light On Possible Impacts Of CBDCs On US Monetary Policy
The US has been giving constant thought to the Central Bank Digital Currency (CBDC) for quite some time now. The US Federal Reserve has released the latest study on the potential impacts of a re...
President’s speech on stablecoins- The Cryptonomist
The President and CEO of the Federal Reserve Bank (Fed) of New York, John C. Williams, delivered a speech on the technological transformation of digital payments, commenting mainly on stablecoins, CBD...
Crypto Market Downside Continues As Fed Remains Hawkish ⋆ ZyCrypto
Advertisement     Crypto markets continued to slide on Wednesday in response to Fed Chair Jerome Powell’s statements late last week. With current macroeconomic concern...
Fed and SNB in focus
The USD/CHF pair is slowly forming a rounded bottom as investors focus on monetary policy by the Federal Reserve and the Swiss National Bank (SNB). The pair is trading at 0.9627, which is slightly abo...
Jamie Dimon says ‘brace yourself’ for an economic hurricane caused by the Fed and Ukraine war
Jamie Dimon, CEO of JP Morgan Chase, appears on CNBC’s Squawk Box at the 2020 World Economic Forum in Davos, Switzerland on Jan. 22nd, 2020. Adam Galica | CNBC JPMorgan Chase CEO Jamie Dimon say...
Top 3 reasons why the Bank of Canada will “out hike” the Fed
The first trading day of the new month begins with the Bank of Canada announcing the monetary policy. It was one of the first central banks to remove the stimulus from the economy in the aftermath of ...
Fed paper looks at the potential effects of CBDC on monetary policy
On Tuesday, the United States Federal Reserve released a study on the possible effects of a retail central bank digital currency (CBDC) on U.S. monetary policy implementation. The study, dated April, ...
How does the Fed impact crypto?
“The Market Report” with Cointelegraph is live right now. On this week’s show, Cointelegraph’s resident experts discuss how the United States Federal Reserve and its chair, Jerome Powell, influence th...
Biden Meets With Fed Chair Powell, Says Fighting Inflation Is ‘Top Economic Priority’
Topline President Joe Biden met with Federal Reserve Chair Jerome Powell at the White House on Tuesday to discuss tackling historically high levels of inflation, declaring it a top priority for the ad...