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CRYPTOCURRENCY

CoinShares: Hawkish FOMC Meeting Triggers $600M Outflows in Digital Asset Funds
cryptocurrency

CoinShares: Hawkish FOMC Meeting Triggers $600M Outflows in Digital Asset Funds

Digital asset investment products saw $600 million in outflows, primarily in Bitcoin, following a hawkish FOMC meeting, according to CoinShares.

Ethereum’s Sentiment Drops as FOMC Meeting Nears
cryptocurrency

Ethereum’s Sentiment Drops as FOMC Meeting Nears

After experiencing considerable momentum, Ethereum’s sentiment has dropped as the Federal Open Market Committee (FOMC) meeting edges closer, according to Santiment.

Crypto Markets Surges above $1T in Valuation, What Lies Ahead?
cryptocurrency

Crypto Markets Surges above $1T in Valuation, What Lies Ahead?

With Bitcoin growing to its highest point in a month after slumping as low as its 18-month performance last month, speculations are now mounting with respect to the possibility of the industry slowing and easing out of the menacing crypto winter.

Federal Reserve Votes to Keep Inflationary Monetary Conditions as US Economy Heals
cryptocurrency

Federal Reserve Votes to Keep Inflationary Monetary Conditions as US Economy Heals

Federal Reserve officials voted at the Federal Open Market Committee (FOMC) meeting to maintain the same monetary conditions that have aided Bitcoin's 2020 price surge.

Bitcoin and Tesla Prices Plunge as FED Hints QE Scale Back to Avoid Asset Bubbles
cryptocurrency

Bitcoin and Tesla Prices Plunge as FED Hints QE Scale Back to Avoid Asset Bubbles

Analyst narratives on why Tesla and Bitcoin crashed yesterday are varied, but a look at the FOMC minutes hint at scaling back QE to avoid asset bubbles may be an indication.

Federal Reserve Holds 0% Interest Rates until 2023, Targets Over 2% Inflation—BTC Price Breaks $11,000
cryptocurrency

Federal Reserve Holds 0% Interest Rates until 2023, Targets Over 2% Inflation—BTC Price Breaks $11,000

Bitcoin price spikes as Federal Reserve officials of FOMC said they will hold US interest rates close to zero and will continue to push inflation above 2% by 2023.

Federal Reserve FOMC Meeting Inflation Targets Might See Bitcoin Price Retest $10,400 Resistance
cryptocurrency

Federal Reserve FOMC Meeting Inflation Targets Might See Bitcoin Price Retest $10,400 Resistance

Bitcoin traders await the Federal Reserve’s upcoming policy meeting on Wednesday to hear how the United States central bank will enact its inflation policy.

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