#EUROPEANCENTRALBANK News

Is This The End of Bitcoin Bull Market? Top Analysts Issue Dire Warning

coingape.com Bitcoin price has not gained upside momentum yet after the Bitcoin halving in mid-April, with market sentiments still more focused on macroeconomic and geopolitical events.…

Reasons Why Bitcoin Is Struggling Despite Crypto Market Is Up On Wednesday

coingape.com Bitcoin price still struggled to regain its momentum despite a recovery noted in the broader crypto market today. The altcoins have reclaimed their position in the green…

UK Inflation Drops To 2% Fuelling BoE Rate Cut Speculation, Impact On Crypto?

coingape.com The United Kingdom’s inflation rate has finally aligned with the Bank of England’s (BoE) long-term target of 2% for the first time in nearly three years. As the UK inflation…

Futures Funding Rates Show Bitcoin Traders Are Still Bullish Despite Rout

decrypt.co Despite the recent market rout, Bitcoin and Ethereum funding rates on perpetual futures contracts are still bullish, according to data from CoinGlass. Funding rates are…

Major UK Political Parties Have ‘Missed Opportunity’ on Crypto, Experts Say

decrypt.co Crypto is a key battle ground in the U.S. presidential election. But as the UK general election heats up, no major political party has taken a stance on the industry. Last…

Bitcoin Still in the Red as Fed Pessimism Sets In and BTC Miner Selling Continues

decrypt.co Bitcoin has fallen below $65,000 to its lowest price in a month, while the recently launched zkSync token was the biggest loser in the top 100 coins by market…

On the Margin Newsletter: SEC crypto enforcement leader departs

blockworks.co Today, enjoy the On the Margin newsletter on Blockworks.co. Tomorrow, get the news delivered directly to your inbox. Subscribe to the On the Margin newsletter. Welcome to…

Bitcoin ETF snapshot: Outflows follow hawkish FOMC meeting

blockworks.co Hundreds of millions of investor assets exited bitcoin ETFs last week amid concerns over potential monetary policy shifts and a more hawkish-than-expected stance from the…

IMF Issues Serious U.S. Dollar Collapse Warning As The Fed Primes Bitcoin, Ethereum And XRP For A Crypto Price Boom

forbes.com 06/17 update below. This post was originally published on June 15 Bitcoin , along with other major cryptocurrencies ethereum and XRP , have rocketed higher this year (with a…

Bitcoin Crashes To $65,000, Expert Unpacks Drivers Of Crypto Market Bloodbath

newsbtc.com The cryptocurrency market has been experiencing a significant downturn, with Bitcoin leading the way by retracing to the $65,000 mark after failing to retest its all-time…

On the Margin Newsletter: CPI takeaways and an update from Brian Armstrong

blockworks.co Today, enjoy the On the Margin newsletter on Blockworks.co. Tomorrow, get the news delivered directly to your inbox. Subscribe to the On the Margin newsletter. Welcome to…

Project mBridge reaches minimum viable product stage and invites further international participation

bis.org Project mBridge continues its development and has reached the minimum viable product (MVP) stage, while broadening its international reach. The project aims to explore a…

FINMA Orders Closure of Crypto Bank FlowBank, Begins Liquidation

coingape.com The Swiss financial watchdog, the Financial Market Supervisory Authority (FINMA), closed FlowBank and declared it insolvent. This came after FlowBank was found to lack…

EU Body Publishes Final Draft Technical Standards for Prudential Matters: MiCA

coindesk.com None The European Banking Authority published the final version of draft technical standards on prudential matters for firms to comply. • None The technical standards are…

Currency: Foreign Countries Dump Euro From Their Reserves

watcher.guru The world’s second-biggest currency, the Euro declined by 1% in central bank reserves from developing countries. The latest report from the European Central Bank (ECB) shows…

Bitcoin Whales Buy The Dip: Supply on Exchanges Drops to Lowest Level Since December 2022

coinpedia.org The post Bitcoin Whales Buy The Dip: Supply on Exchanges Drops to Lowest Level Since December 2022 appeared first on Coinpedia Fintech News The Bitcoin (BTC) supply on…

Euro’s Reserve Currency Status Threatened as Its Share of Foreign Reserves Holdings Drops

news.bitcoin.com A report from the European Central Bank indicated that the euro’s share of foreign exchange reserves declined by one percentage point to 20% in 2023. According to the…

Crypto Prices Explode With Cool CPI, FOMC Next

cryptonews.com looks to retest the $70,000 mark in the wake of data showing that the US labor market softened more than expected in May, traders are now scouting altcoin markets for the…

On the Margin Newsletter: Fed leaves interest rates unchanged; expects cuts by end of year

blockworks.co Today, enjoy the On the Margin newsletter on Blockworks.co. Tomorrow, get the news delivered directly to your inbox. Subscribe to the On the Margin newsletter. Welcome to…

Price Eyes $70,000 As US Feds Leaves Rate Unchanged

coingape.com Against the general expectation of the broader financial ecosystem, the United States Federal Reserve has held its interest rate intact, a move that holds a crucial sway on…

Bitcoin Drops As Federal Reserve Announces No Rate Cuts In June

cryptopotato.com The Federal Reserve announced on Wednesday that it would not change its policy interest rate despite increasing political pressure to change course. No Rate Cuts Yet, Says…

Bitcoin set to benefit whether FOMC cuts or holds rates: Bitfinex

cryptobriefing.com The Consumer Price Index (CPI) the expected today, bringing the crypto market up and sparking expectations over an interest rate cut in the US at today’s Federal Open Market…

Why Bitcoin Price Surged Above $69K Today?

coinpedia.org The post Why Bitcoin Price Surged Above $69K Today? appeared first on Coinpedia Fintech News Bitcoin’s (BTC) price surged above $69,400 on Wednesday after teasing below $66k…

U.S. CPI Was Flat in May, Beating Expectations; Bitcoin Rises to $69.2K

coindesk.com The U.S. Consumer Price Index (CPI) was flat in May, beating economist forecasts for a 0.1% rise and down from 0.3% in April. On a year-over-year basis, CPI was up 3.3%,…

Economist Henrik Zeberg Says ‘Everything Bubble’ About To Grow Bigger

dailyhodl.com Macro strategist Henrik Zeberg thinks the economy is currently in the midst of an “everything bubble” that’s primed to get even bigger. The economist tells his 143,400…

Why Altcoins’ Prices Are Falling & When Will They Recover?

coingape.com The altcoin prices have noted volatile trading over the past few days, with Ethereum, Solana XRP, and others noting declines. Meanwhile, the decline in the broader crypto…

FED Meeting June 2024: Why The Interest Rate Cuts Might Not Happen At All?

coingape.com Interest rates are the discussion in every other individual’s mouth as they affect day-to-day life, impacting the way of living for every individual. The term interest is…

Altcoins Market Is Crashing

coinpedia.org The post Altcoins Market Is Crashing – Here’s Why & What To Expect Now? appeared first on Coinpedia Fintech News When Bitcoin prices tend to drop, other altcoins often…

US Senators Call for Federal Reserve to Lower Interest Rates Amid Economic Concerns

dailycoinpost.com Three U.S. senators have called on Federal Reserve Chair Jerome Powell to reduce interest rates, highlighting that the current high rates are hampering the economy and…

On the Margin Newsletter: Has rate-cutting season just begun?

blockworks.co Welcome to the On the Margin Newsletter, brought to you by Ben Stack, Casey Wagner and Felix Jauvin. Here’s what we unpack in our inaugural edition: The European Central…

Bitcoin Tumbles 5% as Dollar Spikes to 4-Week High

thedefiant.io ETH and SOL are down 6% and 8%, respectively, ahead of tomorrow’s Fed decision and CPI inflation report. Crypto markets fell sharply on Tuesday morning, with Bitcoin on…

Elizabeth Warren Urges the Fed to Cut Interest Rates

tftc.io Three Democratic senators have publicly urged the Federal Reserve to reduce interest rates. Senators Elizabeth Warren of Massachusetts, Jacky Rosen of Nevada, and John…

Bitcoin Address Dormant for 5.5 Years Just Sent Half A Billion BTC To Binance

coingape.com address that has been dormant for 5 and a half years recently resurfaced. According to data from Lookonchain, a popular on-chain analytical platform, the once-dormant…

Dogecoin Price Prediction 11 June: DOGE Falls 10%

cryptonews.com The Dogecoin price has dropped by 2% in the past 24 hours, with the meme token’s fall to $0.1416 also marking a big 10% loss in a week. DOGE’s slip today comes as the crypto…

Crypto Market Sinks Amid Rising Uncertainty Before US Inflation Data

beincrypto.com The crypto market has been experiencing significant volatility as the US Federal Reserve prepares to release updated economic projections this week. Despite slower growth,…

Fed Should Cut Interest Rate as Restrictive Stance Adds to Inflation, Democrats Say

coindesk.com None Now is the time to cut rates, three Democrat senators said in a letter to the Fed on Monday. • None The Fed should move away from its 2% inflation target, the letter…

ECB’s Lagarde Discusses Digital Euro Launch Before Her Term Ends in 2027

cryptonews.com European Central Bank (ECB) President Christine Lagarde has hinted that a digital euro could be available to Europeans before her term ends in 2027. Still, she acknowledged…

Why Bitcoin Price is Down Today?

coinpedia.org The post Why Bitcoin Price is Down Today? appeared first on Coinpedia Fintech News The total cryptocurrency market cap slipped over 3 percent to about $2.59 trillion, led by…

Why Is the Crypto Market Declining Today?

coingape.com Despite many uncertainties, the crypto market was performing well, actually bullishly, until today. The market gained stability after a recovery period last month and the…

Senator Elizabeth Warren Urges Fed Chair Jerome Powell To Cut Interest Rates

coingape.com In a recent letter to Federal Reserve Chair Jerome Powell, U.S. Senators Elizabeth Warren, Jacky Rosen, and John Hickenlooper have urged a reduction in the Fed interest…

Bitcoin Spot ETFs See Net Outflows After 19 Consecutive Days of Inflows

cryptonews.com Bitcoin spot exchange-traded funds (ETFs) have experienced their first net outflows in nearly a month. According to Farside Investors, a total of 11 U.S. spot Bitcoin ETFs…

Price Hits Weekly Low Before Fed Rate Cut Decision, More Pain Ahead?

coingape.com Bitcoin, the world’s largest cryptocurrency, continues to be under some selling pressure as traders get jittery ahead of the Fed’s decision on interest rate cuts. In the…

Why Bitcoin’s Big Breakout Is Just Around The Corner, According To These Experts

bitcoinist.com Bitcoin’s price stability below $70,000 over the past months has sparked various speculations and analyses among traders and investors. While the crypto community grapples…

Price Falling? Crypto Liquidation Tops $93M

coingape.com The price of Bitcoin (BTC) is undergoing a very intense pressure, a trend that is dragging altcoins to new lows. With the drawdown, the price of Bitcoin is now changing…

Arthur Hayes Predicts Dogecoin Will Get An ETF This Cycle

cryptopotato.com Regulators will inevitably approve a Dogecoin ETF after both Bitcoin and Ethereum hit US public markets, according to BitMEX co-founder Arthur Hayes. During a Sunday…

Bitcoin ETF snapshot: $2B of inflows, but BTC price stuck

blockworks.co Bitcoin marched closer to an all-time high price last week amid particularly strong inflows into bitcoin ETFs. But uncertainty around the Federal Reserve’s potential…

EU elections and Fed spook investors

dlnews.com Bitcoin wobbled again on Monday, following the euro and risk assets lower amid gains by far-right parties in European Parliament elections. French President Emmanuel Macron…

Crypto Market Faces Uncertainty After EU Parliament Election Results

coingape.com The crypto market is experiencing heightened volatility as it reacts to recent macroeconomic and political events. The latest EU Parliament election results have…

Buy the Dip in Bitcoin and Ether After Payrolls Surprise, Crypto Firm Says

bitcointoday.app and **Ethereum (ETH)** prices have dropped due to stronger-than-expected U.S. jobs data, reducing hopes for a Federal Reserve interest rate cut in September. However, **QCP…

Economist Henrik Zeberg Says Altcoins Set To Go ‘Flying’ in Blow-Off Top Style Euphoric Bull Run

dailyhodl.com Economist Henrik Zeberg says that the altcoin market is setting up for a parabolic run to new highs before the global economy witnesses a recession. Zeberg tells his 143,000…

Payrolls-Led Bitcoin, Ether Price Swoon Is 'Buy the Dip' Opportunity, Crypto Trading Firm Says

coindesk.com Friday's non-farm payrolls data showed the U.S. economy added 272,000 jobs in May, way more than the 185,000 estimated and well ahead of April's downwardly revised 165,000.…

Price Struggles Below $3,900 as SEC Delays ETF Launch

coinpedia.org Price Struggles Below $3,900 as SEC Delays ETF Launch appeared first on Coinpedia Fintech News As the United States Securities and Exchange Commission (SEC) delays the final…

Euro falls in warning sign for markets after Macron calls snap France vote

investing.com LONDON/SINGAPORE (Reuters) -The euro skidded while stock and bond futures slipped on Monday, as French President Emmanuel Macron called a shock election after being trounced…

SOL/BTC Price Prediction: Solana Bulls Eye $200 as BTC Struggles

coingape.com Solana price has been greatly affected by the meme coin season on that network. SOL price saw over 990% gains Year-over-year (YOY), making it the best-performing top 10…

How Wall Street’s hopes for multiple Fed rate cuts this year came undone

finance.yahoo.com It was perhaps one of the biggest and most important trading theses for investors at the start of 2024, contributing to a mostly upbeat view that helped propel large-cap and…

Preview of the June Fed meeting: 3 key themes to watch as the economy slows but interest rate cuts remain delayed

aol.com None The FOMC is expected to leave interest rates at a 23-year high at their upcoming meeting, and their estimates of three rate cuts for 2024 may be revised to show fewer…

Saudi Arabia Joins mBridge Initiative for Cross-Border CBDC Payments

cryptonews.com Saudi Arabia has joined the mBridge project to enhance cross-border payments using central bank digital currencies (CBDCs). According to a recent report by China Daily, the…

How To Develop An AI Implementation Strategy For Your Business

forbes.com This is the published version of Forbes’ CEO newsletter, which offers the latest news for today's and tomorrow's business leaders and decision makers. Click here to get it…

Euro slips to one-month low as Macron calls French election

finance.yahoo.com The euro fell on Monday as the French President Emmanuel Macron called a shock election after being trounced in the European Union vote by the far-right, while the dollar…