News
Jeff Park: Bitcoin Bull Market May Come With Rate Hikes – Bitbo
3+ hour, 38+ min ago (230+ words) ProCap Financial chief investment officer Jeff Park said bitcoin's next major catalyst may come from a shift in how markets think about interest rates. Park made the comments in a Thursday interview with Anthony Pompliano. Park argued that more accommodative…...
White House to Host Stablecoin Yield Meeting at 1 PM – Bitbo
5+ day, 21+ hour ago (210+ words) The White House will convene a working-level meeting at 1 PM ET today between banks and crypto firms to discuss stablecoin yields, according to journalist Eleanor Terrett. The debate over whether stablecoins should be allowed to pay yield has become a…...
Bessent Says Trump Weighing Four Fed Chair Candidates – Bitbo
1+ week, 3+ day ago (267+ words) Treasury Secretary Scott Bessent said he spoke at length with President Donald Trump about picking the next Federal Reserve chair, with four candidates still in contention. Bessent told CNBC he traveled with Trump to Iowa for a rally and then…...
Fed Holds Rates at 3.5%–3.75% After 2025 Cuts – Bitbo
1+ week, 3+ day ago (185+ words) The Federal Reserve said Wednesday it is leaving its benchmark interest rate unchanged, marking its first pause after three consecutive rate cuts last year. The Fed maintained the federal funds rate in a range of 3.5% to 3.75%. The decision matched expectations…...
Fed Expected To Hold Rates As Trump Presses For Cuts – Bitbo
1+ week, 3+ day ago (317+ words) The Federal Reserve is expected to hold its benchmark interest rate steady, despite President Trump's public push for cuts. Economists polled by FactSet expect the federal funds rate to remain in a 3.5% to 3.75% range, after the Fed delivered rate cuts…...
US CPI Holds At 2.7% In December As Fed Meets Soon – Bitbo
3+ week, 4+ day ago (267+ words) US consumer prices rose 2.7% in December from a year earlier, according to the Labor Department's Jan. 13 Consumer Price Index report. The final CPI print of 2025 followed a year in which inflation eased unevenly across categories. From November to December, consumer…...
Bitcoin Jumps Above $92K After Powell Warns on Fed – Bitbo
3+ week, 6+ day ago (264+ words) Bitcoin rallied late Sunday, briefly pushing above $92,000 as markets reacted to new headlines around Federal Reserve independence. Bitcoin rose about 1.5% to $92,047 as of 11:30 p.m. ET Sunday, after trading around the $90,000 area earlier in the session. The move came shortly after Federal…...
Iran Rial Collapse Sparks Bitcoin Calls From Bitwise CEO
1+ mon, 1+ week ago (252+ words) Protests erupted in Tehran on Monday after Iran's rial fell to record lows against the U.S. dollar. Locals blamed the Central Bank of Iran's fiscal policies as the currency slide eroded household savings. Bitwise CEO Hunter Horsley said bitcoin offers a…...
Fed Proposes Direct Payment Access for Stablecoin Issuers – Bitbo
3+ mon, 1+ week ago (353+ words) Federal Reserve Governor Christopher Waller has proposed a new account structure that would allow stablecoin issuers and digital asset firms limited direct access to Federal Reserve payment systems. The announcement was made at the Fed's inaugural Payments Innovation Conference, signaling…...