US Federal Reserve Chairman Jerome Powell announced on Wednesday that the central bank is set to begin raising interest rates this month as part of efforts to combat high inflation, strong economic de...
Tag: Reserve
Federal Reserve Chairman Says Russia-Ukraine Conflict Highlights Need For Crypto Regulation
Jerome Powell – Chairman of the Federal Reserve – recently testified in front of the House Financial Services Committee on the state of the economy, and future monetary policy. Given the various sanc...
Fed Chairman Says There’s Room For Multiple Reserve Currencies
The US government is not ignoring the continued adoption that cryptocurrencies have been getting. Jerome Powell, the chair of the US Federal Reserve, noted that crypto could become another reserve cur...
Woodford Reserve Debuts Its 2022 Kentucky Derby Bottles
Woodford Reserve Woodford Reserve Today Woodford Reserve debuted its 2022 commemorative Derby bottle. The bottle features the artwork on Kentucky native Jaime Corom, who is known for her horse portrai...
Despite Struggling Price, Bitcoin Exchange Reserve Hits Lowest Value Since Sept 2018
Despite the recent struggling Bitcoin price, on-chain data shows the exchange reserve has just hit the lowest value since September 2018. Bitcoin Exchange Reserve Declines To Lows Not Seen Since Sept ...
Terra’s LUNA Jumps 15% as UST Stablecoin Gets $1B Bitcoin Reserve
“Raising a BTC reserve is a smart move and may result in lesser fluctuations of UST during future bouts of market volatility,” Matthew Dibb, chief operating officer and co-founder of Stack...
Luna Foundation Guard plans for BTC UST stablecoin reserve
Luna Foundation Guard (LFG) is dedicated to supporting a vibrant community of blockchain innovators. Recently, the project has committed a big raise through a sale of LUNA, the native cryptocurrency o...
The market has adjusted its views of how the Federal Reserve will raise interest rates
The Federal Reserve building is seen before the Federal Reserve board is expected to signal plans to raise interest rates in March as it focuses on fighting inflation in Washington, January 26, 2022. ...
Tether latest reserve attestation shows slash in commercial paper
Tether, the number one Stablecoin issuer, has released its attestation for the last quarter of 2021 yesterday, and there were lots of interesting figures. Tether slashes commercial paper holdings The...
LUNA rallies as Terra raises $1 billion to create a Bitcoin reserve for UST
Luna Foundation Guard (LFG) recently completed an over-the-counter sale of LUNA–raising $1 billion from venture capital groups led by Jump Crypto and Three Arrows Capital. Established in the Republic ...
Luna raises $1 billion for Bitcoin reserve fund
The Luna Foundation Guard has announced the raise of $1 billion from an over-the-counter sale of LUNA, which is the native token of the Terra blockchain. The $1 billion fund will be used as an extra l...
LUNA Shoots 10% After Luna Foundation Raises $1 Billion to form UST Reserve In Bitcoin
LUNA, the native cryptocurrency of the Terra ecosystem has surged by 10% in the last 24-hours with its price shooting past $55 once again. This comes as the Luna Foundation Guard (LFG) raises $1 billi...
Terra Says LUNA Token Sale Raises $1 Billion for Bitcoin Reserve
In brief The Lunar Foundation Guard, a nonprofit organization linked to Terra, claims it has raised $1 billion in a private token sale. It says the money will be used for a “UST Forex Reserve de...
Terra Raises $1 Billion for an Emergency Bitcoin Reserve
Key Takeaways Terra and the Luna Foundation Guard have completed a $1 billion sale that sold LUNA tokens to venture capital groups. The funds raised will go toward establishing a Bitcoin reserve that ...
Luna Foundation Guard raises $1 billion to form bitcoin reserve for UST stablecoin
The Luna Foundation Guard (LFG) has raised $1 billion through an over-the-counter sale of LUNA, the native token of the Terra blockchain. The raise, one of the largest in the history of the crypto sec...
Billionaire continues to pour scorn on Federal Reserve and tells the people to buy Bitcoin
Ricardo Salinas Pliego, billionaire, and the third richest man in Mexico, tells people on his Twitter account to keep buying Bitcoin, and scoffs at the cynicism of the Federal Reserve. We are always t...
Officials of the Federal Reserve are forbidden from trading crypto
Crypto trading has made many billionaires and millionaires over the past couple of years. As inflation across the world began to rise significantly amid the global COVID-19 pandemic, the entire digita...
Federal Reserve Officials Banned From Trading Crypto and Stocks in New Directive
The Federal Open Market Committee (FOMC) has banned members of the U.S. Federal Reserve from partaking in the crypto and stock markets. In a new press release, the FOMC unanimously adopted a comprehen...
Will Circle And Tether Reign Supreme? Federal Reserve Predicts Stablecoin Issuer Duopoly
Federal Reserve Governor Lael Brainard, nominated by President Biden to be the Vice Chair of Supervision at the Fed, issued a warning Friday about the rapid growth of stablecoins. Before the 2022 U.S....
Federal Reserve Should Add Bitcoin (BTC) to Its Balance Sheet in the Future: Wyoming Senator Lummis
Wyoming Senator Cynthia Lummis thinks the Federal Reserve should add Bitcoin (BTC) to its balance sheet once the top crypto asset becomes more regulated. Lummis spoke this week at a webinar hosted by ...
The Federal Reserve Minutes Indicate That The Hammer Could Fall Harshly On Crypto Markets ⋆ ZyCrypto
Advertisement     Fed minutes are indicative of a plan to aggressively raise rates. Fed officials during the meeting also expressed concern over cryptocurrencies and s...
Terra injects 450M UST into Anchor reserve days before protocol depletion
In a tweet published early Friday, Do Kwon, founder of Terraform Labs, the entity developing the Terra Luna (LUNA) and Terra USD (UST) stablecoin ecosystem, announced the injection of 450 million UST ...
Federal Reserve Officials Prohibited From Trading Bonds, Stocks, and Cryptocurrencies
A few months after introducing the first draft aiming to prohibit Fed officials from owning certain assets, the policymaking Federal Open Market Committee has updated the document to include cryptocur...
Recession Risks Are ‘Rising’ As Federal Reserve Scrambles To Fight Inflation, Experts Say
Topline With the Federal Reserve set to aggressively raise interest rates and tighten monetary policy as it scrambles to confront decades-high inflation, Wall Street experts are now warning that doing...
Federal Reserve Officials Banned From Trading Crypto
Key Takeaways The Federal Reserve approved rules today that would bar senior officials from trading crypto and other assets. The ban also applies to stocks and bonds; it affects officials in the Feder...
Federal Reserve puts new bans on trading in stocks, bonds, crypto or commodities following trading scandal
advertisement The Federal Reserve has barred senior officials from a number of investment activities, particularly those involving individual stocks, bonds, cryptocurrencies and commodities. The Feder...
Federal Reserve should buy bitcoin, says US senator Cynthia Lummis
Cynthia Lummis, US Senator from the Wyoming state, has suggested that the Federal Reserve should hold bitcoin on its balance sheet. Speaking on a panel hosted by the Orrin G. Hatch Foundation on Thurs...
Bitcoin (BTC) On-Chain Analysis: Reserve Risk Flashes Buy Signal
BeInCrypto takes a look at the reserve risk on-chain indicator and its components, in order to determine if the current Bitcoin (BTC) market conditions are oversold. What is Bitcoin reserve risk ? Res...
Has The Federal Reserve Lost Control?
Rising prices are clearly the big domestic issue. But this episode of What’s Ahead examines why the two principal inflation fighters—the Federal Reserve and the White House—are floundering. The Fed wa...