Category: FED

Crypto crackdown targeting USD access points has begun: Caitlin Long

July 13, 2021

Crypto Nanobot 0

Avanti’s Caitlin Long expects the U.S. Federal Reserve to make it harder for crypto companies to access USD payment channels. 2615 Total views 6 Total shares Caitlin Long, the founder and CEO of the pioneering bank for the crypto sector, Avanti Bank & Trust, has declared that the regulatory crackdown on crypto “has begun.” In […]

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An even bigger mining difficulty drop? 5 things to watch in Bitcoin this week

July 5, 2021

Crypto Nanobot 0

Bitcoin (BTC) starts a new week in familiar territory after a weekend of solid gains ended in a drawdown — what’s in store? With another rally to near $36,000 under its belt, the largest cryptocurrency is showing signs of strength, but old resistance levels remain in place. The conditions are complex — the ongoing miner […]

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Federal Reserve official: Stablecoin growth is ‘exponential,’ deserves ‘attention’

June 26, 2021

Crypto Nanobot 0

Boston Federal Reserve President Eric Rosengren notes that Tether could be a “disruptor” to short term credit markets. 7165 Total views 9 Total shares While a presentation yesterday from Boston Federal Reserve President Eric Rosengren has some members of cryptoTwitter spooked at the idea of regulation and oversight, the central bank might simply be pondering […]

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Data suggests the strong US dollar makes Bitcoin weaker argument is flawed

June 19, 2021

Crypto Nanobot 0

At the moment, there seems to be a general assumption that when the U.S. dollar value increases against other global major currencies, as measured by the DXY index, the impact on Bitcoin (BTC) is negative. For the past few weeks, analysts and influencers have been issuing alerts about this inverse correlation, which held true until […]

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