Powell said the Federal Open Market Committee is weighing interest rates on a meeting-by-meeting basis, with no long-term consensus.
According to blockchain parsing data from btcparser.com, a pack of long-silent wallets have been stirring back to life over the past 48 hours. Several Bitcoin Time Capsules Opened Over the Last 48 Hours On Tuesday, one slumbering bitcoin address finally stretched its legs, sending out 99 BTC—the first activity since Jan. 23, 2014—breaking a silence […]
New York Superintendent of Financial Services Adrienne Harris issued a guidance letter on Wednesday advising all New York banking organizations to consider using blockchain analytics to strengthen compliance and manage risks tied to virtual currency activity. NYDFS Links Prior VCRA, Analytics Guidance in New Notice to Banks The Department of Financial Services (DFS or NYDFS) […]
Lawmakers in the US House of Representatives and Senate met with cryptocurrency industry leaders in three separate roundtable events this week.
Lawmakers in the US House of Representatives and Senate met with cryptocurrency industry leaders in three separate roundtable events this week.
Bitcoin struggles to hold the $115,000 level even after a Federal Reserve policy pivot brought about the long awated 25 basis point interest rate cut.
The 25-basis-point cut marks the first time the U.S. Federal Reserve has lowered its policy rate since December 2024. Fed Cut Sends Bitcoin Above $116K, but Not for Long Wednesday’s interest rate cut by the U.S. Federal Reserve wasn’t much of a surprise, after all, just minutes before the announcement, the CME Group’s Fedwatch Tool […]
The Federal Reserve trimmed its benchmark rate by a quarter point on Wednesday, signaling caution as growth cools and inflation lingers. The U.S. Federal Reserve nudged its federal funds rate lower by 25 basis points, setting the target range at 4% to 4.25% after signs of slowing momentum in the first half of the year. […]
Market participants are eagerly anticipating at least a 25 basis point (BPS) interest rate cut from the Federal Reserve on Wednesday.
Market participants are eagerly anticipating at least a 25 basis point (BPS) interest rate cut from the Federal Reserve on Wednesday.
On Wednesday, the stablecoin market cracked into uncharted territory, vaulting past the $290 billion mark for the first time ever after padding its coffers with more than $4 billion in fresh capital over the past week. From USDT to RLUSD, Every Fiat-Pegged Token Joins the $290B Stablecoin Party Stablecoins are stealing the spotlight, complete with […]
Bullish secures NYDFS BitLicense and Money Transmission License, unlocking crypto trading and custody services for institutions in New York.