Federal Reserve Governor Jerome Powell maintains a cautious stance on rate cuts, prioritizing stable inflation before policy adjustments. Market anticipation clashes with the Fed's commitment to economic stability, reflecting uncertainties in global economic forecasts.
Bitcoin's price dips nearly 3% following unexpected inflation data for February, impacting both cryptocurrency and stock markets. Investors await potential Federal Reserve action amidst a backdrop of rising inflationary pressures. Explore the market dynamics and implications of ETF approval on Bitcoin's performance.
All eyes remain fixed on Bitcoin (BTC), as the market continues to be watchful within a narrow trading range extending over several days, and August 23 is no exception. Presently, attention is directed towards Jerome Powell's address at the annual Jackson Hole event. Investors...
The Federal Reserve has initiated the Novel Activities Supervision Program to enhance the supervision of all banking organizations involved in crypto, distributed ledger technology, and technology-driven partnerships with nonbanks. The move is to ensure that regulation and supervision allow for innovations that improve financial...