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Federal Reserve
Bitcoin Falls Toward $28K After Volatile Price Moves
Bitcoin (BTC) is dropping toward $28,000 after falling roughly 5% on Monday, wiping out all of April's gains. STORM Partners Managing Partner Sheraz Ahmed discusses his bitcoin analysis and outlook as investors await the Federal Reserve's key decision on interest rates tomorrow. Plus, the impact of recent banking sector jitters on crypto and reactions to art auction house Sotheby's expanding its NFT art offerings through the release of a specially curated, peer-to-peer secondary marketplace.
Bitcoin Falls Toward $28K Ahead of Key Fed Decision
Bitcoin (BTC) continues to fall toward $28,000 as investors await a key decision from the Federal Reserve on interest rates. The Tie co-founder and CEO Joshua Frank joins "All About Bitcoin" to discuss bitcoin's recent price action amid lingering jitters surrounding the U.S. banking industry. Plus, insights on bitcoin's surging market cap dominance.
Bitcoin Below $29K Ahead of Key Federal Reserve Decision This Week
Bitcoin (BTC) has fallen below $29,000 ahead of this week's key interest rate decision from the Federal Reserve. tastycrypto Head of Digital Assets Ryan Grace discusses his predictions of a potential rate hike and what the collapse of First Republic Bank could mean for the crypto market in the long run.
Signature Bank Failed Because of Mismanagement, Contagion, FDIC Report Says
The Federal Deposit Insurance Corp. said Signature’s exposure to crypto industry deposits was also a contributing factor.
NY Fed Policy Change Could Squash Stablecoin Issuer Circle’s Hope for Fed Access
Funds structured as stablecoin issuer Circle’s BlackRock-managed USDC reserve fund “generally will be deemed ineligible” for the New York Federal Reserve’s reverse repurchase program under the new rules.
Crypto Stocks Post Large Losses as Bitcoin Price Slides Toward $28K
Bitcoin miners were the hardest hit on Thursday.
U.S. CPI Inflation Rises 0.1% in March, Slower Than Forecasts for 0.2%
The bitcoin price rose nearly 1.5% to $30,430 in the minutes following the better-than-expected news.
Wyoming Defends ‘Legitimacy’ of Its Crypto Charter Framework in Custodia Lawsuit
The state's attorney general claims the Kansas City Fed’s decision to deny Custodia’s master account rests partly on “perceived inadequacies in Wyoming’s laws and regulations.”
Bitcoin Breaks Above $30K for First Time Since June 2022
The move continues a 2023 rally that has now seen the most popular crypto gain more than 80% in value.
Bitcoin Approaches $30K, Reaching Highest Price Since June
The roots of an hour-long surge were difficult to pinpoint, according to one analyst, but investors have recently been more optimistic about the crypto’s prospects following last month’s banking crisis.
