Jerome Powell Prepares to Testify Before Congress
Jerome Powell is preparing to testify before Congress. Powell acknowledged the enduring power of cryptocurrencies. Interest rate cuts could impact…
Jerome Powell Prepares to Testify Before Congress
Jerome Powell is preparing to testify before Congress. Powell's testimony is significant for Bitcoin and cryptocurrency markets. Investors will closely…
JPMorgan Analyzes Interest Rate Predictions
Markets were shocked by first-quarter inflation data, expecting a 150bp rate cut. JPMorgan President Pinto suggested no rate cuts this…
MTGOX Refunds and German Sales Impact Cryptocurrency Market
MTGOX refunds and German sales impact the cryptocurrency market. BTC fell to $53,485, and altcoins dropped over 8%. US data…
Fed Releases Meeting Minutes Highlighting Economic Concerns
At the last Fed meeting, members revised their 3-year interest rate forecasts upward despite good inflation data. Cryptocurrencies took this…
Bitcoin Price Remains Stable After Key US Data Release
US released ADP non-farm employment change and unemployment claims data. Bitcoin traded at $60,150 before the data release. Bitcoin remained…
Bitcoin Analyst Comments on Recent Market Movements
Bitcoin was trading at $62,850 as US JOLTS data was about to be released. Fed Chairman Powell reiterated the Fed's…
Fed Chair Powell Discusses Inflation and Potential Rate Cuts
Powell's statements impact cryptocurrencies and highlight inflation progress. Markets may price in rate cuts if convinced of declining inflation. Key…
FATF Removes Turkey from Grey List
FATF removed Turkey from the grey list imposed in 2021. Turkey completed all 40 standards in the FATF action plan.…
Bitcoin Remains Stable Despite US Economic Data Release
US GDP data came in at 1.4%, meeting expectations. US unemployment claims data was 233,000, below the expected 236,000. Bitcoin…
Central Bank of Turkey Maintains Interest Rate at 50%
The CBRT kept the interest rate at 50% in June. Markets await June CPI data to be released on July…
Turkish Parliament Approves Law Proposal on Capital Markets
Turkish Parliament approved a significant law proposal on capital markets. The decision holds great importance for monetary policies and cryptocurrencies.…
Bitcoin Price Reaches $61,000 as Fed Maintains Cautious Stance
Bitcoin price returned to $61,000. Fed remains cautious despite falling inflation. Rate cuts postponed to 2025 by Fed's Bowman.
Investors React to Bitcoin Price Drop and Fed Announcements
Investors were aware of an active week but started faster than expected. Bitcoin price fell below $61,000 due to MTGOX…
Bitcoin Reaches Peak Before Halving for the First Time
Bitcoin reached its peak before halving for the first time in 2024. IMF claims a decline in the dollar's share…
US Releases Key Economic Data Affecting Cryptocurrency Market
The US released PPI and Unemployment Claims data. PPI data was 2.2%, below expectations, pleasing investors. Unemployment Claims data was…
Experts Discuss Moscow Stock Exchange Issues and Cryptocurrency Adoption in Russia
Experts discuss Moscow Stock Exchange issues and cryptocurrency adoption in Russia. Concerns about foreign exchange reserves and economic instability are…
Powell Addresses the Market with Key Announcements
Powell started his fourth announcement of the year. FED kept the interest rate steady at 5.25-5.50 range. Bitcoin's price pulled…
Fed Announces Interest Rate Decision
Fed kept interest rates unchanged. Inflation remains high despite a decrease. Fed projects rate cuts in 2024 and 2025.
Central Banks Start Cutting Interest Rates
Global monetary tightening had significant negative effects on risk markets. ECB and Canada made their first rate cuts recently. Fed…