Ethereum Surges with $1B Buying Despite Fed
Ethereum demonstrates resilience with $1 billion in buying activity, countering a hawkish Federal Reserve stance. #Update #Crypto $ETH
Federal Reserve
XRP Surges in US Fed Access Talks
Evernorth CEO links $XRP to potential U.S. payment infrastructure shift as stablecoin issuers may gain limited Federal Reserve access. Regulatory proposals and $1B raise support strategy. #Update #Crypto $XRP
Federal Reserve Holds Rates at 3.75%
CME Fedwatch indicates a 99% chance of the Federal Reserve holding rates at 3.75% for the April 29 FOMC meeting. #Update #Finance
Banks Lose $5.6 Billion to Bad Loans
Three major U.S. banks, @JPMorgan, @Citigroup, and @WellsFargo, wrote off $5.6B in bad loans amid rising credit card debt hitting $1.083T. #Update #Crypto $BTC (-8) ↘
XRP Surges Amid FedNow Expansion
The Federal Reserve’s proposal to expand FedNow capabilities may position $XRP for increased relevance in US payment infrastructure, aligning with Ripple’s strategic vision. Crypto $XRP
Federal Reserve Holds Rates Defying 2026 Cuts
Fed funds futures show a 99.5% probability the Federal Reserve holds rates at 3.50%-3.75% on April 29, with no cuts expected in 2026. #Update #Finance
Bitcoin Impacted by Rising Oil Prices
Tensions in the Middle East and rising oil prices pressure $BTC, with potential for further downside to $60,000 amid investor caution. #Update #Crypto $BTC
Oil Prices Surge Threatening Federal Reserve Rate Cuts
Economists at @MorganStanley indicate rising oil prices and inflation may delay Federal Reserve rate cuts, pushing expectations to September and December. This could impact U.S. Treasury performance positively. #Update #Crypto $USDT
Bitcoin Holds Steady as Gold Plummets
Bitcoin remains stable while gold suffers its worst week since 1983 amid the Iran conflict. #Update #Market $BTC
Bitcoin Rally Faces Fed Meeting Challenge
Bitcoin’s rally pauses ahead of the Fed’s decision, trading around $74,000. Analysts expect rates unchanged, but rising oil prices could impact inflation outlook. Market sentiment remains cautious. #Update #Crypto $BTC
Federal Reserve Opens Master-Account Door
A federal appeals court rejected @CustodiaBank’s final appeal against the Federal Reserve’s authority over master accounts, coinciding with the Fed exploring new account options for crypto firms. #Update #Legal $BTC
SEC Mandates Equal Capital for Tokenized Securities
The U.S. Federal Reserve and regulators mandate banks to hold equal capital for tokenized and traditional securities, promoting regulatory clarity in crypto-assets’ integration with banking. #Update #Crypto $BTC
Crypto Rule Scraps Reputation Risk Debanking
The Federal Reserve proposes a rule to eliminate “reputation risk” from bank supervision, aiming to protect lawful customers, including crypto firms, from debanking pressures. Comments due in 60 days. #Update #Crypto $BTC
Bitcoin Declines as Kashkari Calls Crypto Useless
Neel Kashkari, president of the Federal Reserve Bank of Minneapolis, calls cryptocurrencies “utterly useless” and dismisses stablecoins as “buzzword salad,” questioning their real-world utility. #Update #Crypto $BTC