Category: FED

Bitcoin drifts into weekly close while Fed rate hike looms as next major BTC price trigger

Bitcoin drifts into weekly close while Fed rate hike looms as next major BTC price trigger

Bitcoin (BTC) upped the volatility into the weekly close on March 13 as markets braced for geopolitical and macroeconomic cues. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Long-awaited Fed action set to come this week Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it again came close to testing $38,000 support during Sunday. The […]

Continue Reading

Does a Fed digital dollar leave any room for crypto stablecoins?

Does a Fed digital dollar leave any room for crypto stablecoins?

During Jerome Powell’s Jan. 11 United States Senate confirmation hearings, Sen. Patrick Toomey posed a question to the incumbent-and-future Federal Reserve chief: “If Congress were to authorize and the Fed were to pursue a central bank digital dollar, is there anything about that that ought to preclude a well-regulated privately-issued stablecoin from co-existing with a central […]

Continue Reading