News with the tag "central banks"

Russia’s position on cryptocurrencies has undergone a significant shift in recent years, moving from strict opposition to a more nuanced and strategic approach. Once advocating a total ban on digital assets, the Bank of Russia is now proposing a regulatory framework that would permit wealthy individ...

The US government just made history by officially recognizing Bitcoin as a strategic reserve asset—a first for any global superpower. President Donald Trump’s new Executive Order (EO) establishes a Strategic Bitcoin Reserve, ensuring that seized Bitcoin will be permanently held by the federal govern...

Cryptocurrency markets are likely to remain under pressure in the short term owing to a lack of positive catalysts and skepticism about whether Congress will approve a U.S. strategic crypto reserve, JPMorgan (JPM) said in a research report Wednesday. "Not only is there skepticism about congressional...

Regardless of its persistent waning movements and underperformance compared to a few major crypto assets, Ethereum still has the potential to undergo a significant rally in the ongoing bull market cycle. With key developments surrounding ETH and its ecosystem, many analysts foresee a move to unprece...

In a surprising turn of events, the Australian Dollar (AUD) is showing remarkable resilience in the Forex market! Despite recent domestic economic data and global uncertainties, the Aussie Dollar has perked up. What’s fueling this surge? Optimism around a potential trade deal between the US and Chin...

In a potentially game-changing development for the world of cryptocurrency, a high-ranking official from a European central bank has publicly advocated for deeper exploration into Bitcoin’s role in national reserves. Aleš Michl, the Governor of the Czech National Bank (ČNB), has called upon his peer...

Cryptocurrency investors often keep a close watch on traditional financial markets for cues about global economic trends and currency movements. Recent developments in the UK, specifically concerning UK Inflation and the Pound Sterling , are creating ripples that are worth noting. The Pound Sterling...

Cryptocurrency traders, are you keeping a close eye on global economic shifts? The Reserve Bank of New Zealand (RBNZ) recently made a significant move, cutting the Official Cash Rate (OCR) by 50 basis points. Governor Adrian Orr’s subsequent speech offers vital clues about the future of New Zealand’...

Cryptocurrency markets are closely intertwined with global economic trends, and shifts in traditional forex markets can offer valuable insights for crypto traders. Currently, the spotlight is on the **Japanese Yen**, which is experiencing a notable uptick against the US Dollar. This movement is fuel...

The Reserve Bank of New Zealand (RBNZ) delivered a jolt to the markets with another significant interest rate cut, and all eyes are now on Governor Adrian Orr’s speech for clues about the future policy direction. Following the anticipated move, Orr addressed the media, offering critical insights int...