Geneva, Switzerland, 10th August, 2022, Chainwire The TRON DAO Reserve has announced Wintermute as the ninth Member and Whitelisted Institution to mint Decentralized USD (USDD), the over-collateralize...
Tag: Reserve
Reserve Bank of Australia Set to Initiate One-Year CBDC Pilot Program
The RBA has announced plans to conduct a yearlong pilot research phase for CBDC applicability in Australia. The Reserve Bank of Australia (RBA) is launching a pilot to explore use cases of a CBDC (Cen...
The Reserve Bank of Australia to explore use cases for CBDC
The Reserve Bank of Australia weighs in the central bank digital currencies (CBDCs) race to explore use cases for a CBDC in the country. It will collaborate with the Digital Finance Cooperative Resear...
Federal Reserve Governor Supports More 75bps Rate Hikes
It cited Significant Risk of High Inflation Into Next Year Inflation reached 9.1% in June Federal Reserve has a duty to bring inflation down to 2% Federal Reserve Governor Michelle Bowman says she sup...
TRON DAO Reserve Welcomes Wintermute as USDD’s Latest Whitelisted Organization
In order to continue strengthening its algorithmic stablecoin USDD, the TRON DAO Reserve has tapped another institution to mint and burn it as a collaborator – Wintermute. The latter has extensive exp...
Reserve Bank of Australia Rolls Out CBDC Pilot Project
The Reserve Bank of Australia (RBA) has launched a year-long trial to explore a central bank digital currency’s (CBDC) business models and innovative use cases. The Australian central bank highl...
How To Take BTC From Reserve Asset To World Reserve Currency
Is the Lightning Network bitcoin’s killer app? It might be, but it still has a long road ahead. One of the stops on that road is the possible inclusion of stablecoins. Does bitcoin need them? Aren’t t...
Federal Reserve Governor Supports More 75bps Rate Hikes Citing ‘Significant Risk of High Inflation Into Next Year’ – Coinotizia
Federal Reserve Governor Michelle Bowman says she supports ongoing 75 basis point interest rate hikes “until inflation is on a consistent path to significantly decline,” citing “a significant risk of ...
Federal Reserve Governor Supports More 75bps Rate Hikes Citing ‘Significant Risk of High Inflation Into Next Year’ – Economics Bitcoin News
Federal Reserve Governor Michelle Bowman says she supports ongoing 75 basis point interest rate hikes “until inflation is on a consistent path to significantly decline,” citing “a significant risk of ...
Consumers’ expectations of future inflation decreased significantly in win for the Federal Reserve
Gas prices are displayed at an Exxon gas station on July 29, 2022 in Houston, Texas. Brandon Bell | Getty Images The consumer outlook for inflation decreased significantly in July amid a sharp drop in...
Reserve Bank of India appoints firm to adopt blockchain for cross-border payments
India has been hostile towards cryptocurrencies, given the hefty taxes that the country has imposed on the sector. However, it has shown more openness towards blockchain technology, with the Reserve B...
Bitcoin fluctuates as Federal Reserve raises key interest rate by 75 basis points
The US Federal Reserve has raised the US federal funds rate to 2.5%, an increase of 75 basis points. Wednesday’s decision was largely expected, with the market pricing in a rise of 75 basis points ah...
Federal Reserve Increases Interest Rates Again, This Time by 0.75%
The United States Federal Reserve has raised interest rates again to fight inflation. The 0.75% point hike takes the borrowing rate to 2.25–2.50%. The United States Federal Reserve has once again rais...
Steve Forbes Roasts Federal Reserve
In the name of fighting inflation, the Federal Reserve is raising interest rates again. As this episode of What’s Ahead points out, our central bank is suffering from amnesia. It’s applying the same a...
U.S Federal Reserve Raises Interest Rates by 75 Basis Points
53 mins ago | 2 mins read Bitcoin News Consumers and companies are likely to reduce their borrowing and spending. The central bank had predicted an interest rate increase of 100 basis points. Second t...
Tether Says No Chinese Commercial Papers Holding on its Reserve
Tether Holdings Ltd, the blockchain startup that is in charge of the USDT stablecoin issuance and operations, has come out yet again to address the growing rumours about the composition of its reserve...
Federal Reserve Hikes US Interest Rate by 0.75 Percentage Point
“Recent indicators of spending and production have softened,” said a statement by the Federal Open Market Committee (FOMC), a group of 12 Fed officials who set the Fed’s monetary policy. &...
Federal Reserve Hikes Interest Rates with a 75-Bp Increase, Bitcoin Remains Bearish
The US Federal Reserve on Wednesday announced a 0.75 percentage point interest rate increase as part of efforts to clamp down rising inflation without creating a recession. The latest interest rate ri...
Federal Reserve ‘Might’ Do Another Huge Rate Hike, But Powell Sparks Dow Jones Rally
The Federal Reserve delivered a 75-basis-point rate hike for the second straight meeting, and chair Jerome Powell indicated a third such hike “could be appropriate” in September. Still, th...
Federal Reserve announces 75bps rate hike; Bitcoin up 3% following the news
The Federal Reserve, chaired by Jerome Powell, has announced that it will raise interest rates in the U.S. by 75 basis points. The increase matched the market consensus, which some analysts deemed to ...
Federal Reserve to raise rates again at 2 pm ET
The Federal Reserve on Wednesday raised interest rates by 0.75% as the central bank attempts to avoid a deep recession. The decision to move by 0.75% matched the magnitude of the Fed’s last move in Ju...
How portfolios are shifting as the Federal Reserve hikes rates again
The Good Brigade | DigitalVision | Getty Images Here’s how portfolio allocations have shifted “We’re attempting to address both inflation and recession concerns,” said certifie...
Private Sector Could Be Better Placed To Issue Digital Tokens, Says Australia Reserve Bank Governor ⋆ ZyCrypto
Advertisement     Digital money is drawing the attention of the public, regulators, and governments worldwide. Several central banks are already at different stages o...
How the Federal Reserve fights inflation through interest rate hikes
Top officials at the Federal Reserve were seeing inflation data come in very hot for months before policymakers moved to wind down monetary policies that were stimulating the economy. A chorus of anal...
Federal Reserve officials expected to hike interest rate
Investors and economists are bracing for another interest rate hike this week as central bank officials gather in Washington for their July meeting. Their two-day gathering July 26 and 27 comes as the...
ETH Drops Below $1,400 Support, BTC Hits $21,000 Prior to Federal Reserve Meeting – Market Updates Bitcoin News
Ethereum fell below its recent floor of $1,500 earlier in today’s session, as bearish pressure intensified in crypto markets. Uncertainty in the market has heightened today, as traders prepare for yet...
4 things to watch at this week’s Federal Reserve decision
The week ahead is marked by one of the summer’s most important monetary policy decisions. After last week’s surprise decision by the European Central Bank to raise the rates by 50bp instead of 25bp, i...
Pluto Protocol Launches Bear Market Resistant Reserve Currency on Waves Blockchain
Advertisement     Pluto Protocol has launched its reserve currency on the Waves blockchain. The currency is said to resist market conditions such as the bear market. T...
Russia, China, and BRICS Nations Plan to Craft a New International Reserve Currency – Economics Bitcoin News
While inflation data in Europe and the U.S. has risen significantly higher last month, Russia and members of the BRICS countries revealed leaders in the five major emerging economies are in the midst ...
TRON DAO Reserve Addresses Questions Regarding USDD Stablecoin – crypto.news
Geneva, Switzerland / July 21 / – The TRON DAO Reserve (TDR) has officially answered some frequently asked questions from the community about USDD, the decentralized over-collateralized stablecoin on...
Weekend reads: Prepare for a big week — a crucial Federal Reserve decision, tech-company earnings and a GDP report
It was mostly a week for stocks, particularly a rebound in the tech-heavy Nasdaq Composite Index, as companies topped expectations on second-quarter earnings. The coming week brings a heavy dose of t...
Will the Federal Reserve kill the stock-market bounce?
A summer rebound is stirring hopes the bear market in U.S. stocks has seen its lows, but a meeting of Federal Reserve policy makers this coming week might test the nerves of would-be bulls. “I expect ...