Monetary Policy

Legal Tender Status of CBDCs Challenged by US States

Blount CharlestonJan 17, 20243 min read

Four States Challenge CBDCs as Legal Tender Four states – Utah, South Carolina, South Dakota, and Tennessee – have introduced bills challenging the status of Central…

Investors in a State of Uncertainty as the Fed Remains Ambiguous about Rates – US Stocks, Bitcoin, and Gold Experience Declines

Benito CormiJan 17, 20243 min read

The Effect of Treasury Yields on Stock Indices The leading trio of U.S. stock indices — Dow Jones Industrial Average, Nasdaq Composite, and the S&P 500…

Anticipating Market Volatility Following Fidelity’s Timmer’s Prediction on Bitcoin ETF Approval

Gapster InnesJan 17, 20243 min read

Fidelity Executive Analyzes Bitcoin ETF Approval Jurrien Timmer, an executive at Fidelity Investments, has provided insights into the potential impact of the SEC’s approval of spot…

USDT (Tether) Stablecoin Receives Validation for Collateralization in the US

Leo NomistJan 17, 20243 min read

Confirmation of Tether’s USDT Reserves by Cantor Fitzgerald CEO Howard Lutnick Yesterday, Howard Lutnick, the CEO of Cantor Fitzgerald, confirmed the reserves of Tether’s US dollar…

Bitcoin surges past $43,000 amid analysts’ speculation of a potential rate halt during the Fed’s January gathering

Theon BarrettJan 16, 20242 min read

Bitcoin’s Price Rebounds on Possible Fed Rate Pause Bitcoin’s price experienced a rebound, increasing by over 1.4% in the past 24 hours, reaching $43,071. Analysts suggest…

Predicting the End-of-2024 Bitcoin Price with Microsoft’s Copilot AI

Fin BoldomJan 16, 20243 min read

Bitcoin’s Future Price Predictions for Late 2024 Last year, Bitcoin experienced a significant rally, reaching as high as $44,000 in December 2023. However, the start of…

Egypt Aiming for a Working Central Bank Digital Currency (CBDC) by 2030, According to a Recent Report

Benito CormiJan 16, 20242 min read

Boosting Competitiveness and Efficiency Egypt is reportedly planning to introduce a central bank digital currency (CBDC) called the e-pound by 2030. The goal is to enhance…

Decline in Asian Stocks and Strengthening Dollar Amid Concerns Over Interest Rate Prospects

Cindy DuttaJan 16, 20243 min read

Asian Shares Drop as Central Bankers’ Remarks Dampen Rate Cut Expectations Asian shares fell to a one-month low, U.S. stock futures declined, and the dollar strengthened…

Barclays Predicts Commencement of Regular Interest Rate Reductions in March: Report

Daisy HodleyJan 15, 20242 min read

Barclays Expects Federal Reserve to Begin Rate Cuts in March According to analysts at Barclays, the Federal Reserve is expected to reverse its hawkish monetary policy…

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