After experiencing volatility, global markets have stabilized. Stocks are currently trading around 1.5% below recent highs, while Bitcoin is approximately 10% lower than its peak. This rebound is […]
Digital Euro Could Trigger Substantial Bank Deposit Outflows: ECB Study Finds
A simulation study by the European Central Bank (ECB) has revealed a potential risk for commercial banks in the eurozone should a digital euro be introduced. The study, […]
Gold’s Resurgence: Parallels with Bitcoin Emerge Amidst Central Bank Purchases
Central banks are rapidly expanding their gold holdings as economic uncertainty grows. Deutsche Bank draws a parallel between the historical rise of gold and the recent adoption of […]
Deutsche Bank Predicts Rise of Bitcoin in Central Bank Reserves
Deutsche Bank predicts that central banks will incorporate both gold and Bitcoin as key reserves by 2030, viewing Bitcoin as a modern cornerstone for financial security. The report […]
Central Banks Eyeing Bitcoin and Gold for Reserves by 2030: Deutsche Bank
Deutsche Bank predicts that central banks could incorporate Bitcoin and gold into their reserves by 2030, according to a recent report from PANews. This prediction follows Bloomberg’s report […]
Ray Dalio Remains Skeptical of Bitcoin’s Reserve Currency Status
Billionaire hedge fund manager Ray Dalio expressed doubt regarding central banks’ potential adoption of Bitcoin (BTC) as a reserve currency, citing privacy concerns. His comments came amidst Bitcoin’s […]
Federal Reserve’s Independence Safeguarded Amid Political Pressure
The Federal Reserve maintained its independence from political influence despite ongoing debate over potential reforms. Kevin Hassett, Director of the White House National Economic Council, reaffirmed this stance […]
Federal Reserve Independence Under Pressure Amidst Lack of Reform Plans
Concerns about political influence on the Federal Reserve’s independence have resurfaced as no reform plans are currently in place. Kevin Hassett, White House National Economic Council Director, emphasized […]
El Salvador Diversifies Reserves with $50 Million Gold Purchase
In a move signaling a shift in reserve strategy, El Salvador’s Central Reserve Bank purchased 13,999 troy ounces of gold for $50 million. This landmark acquisition marks the […]
ECB Doubles Down on Digital Euro Despite Privacy Fears
Despite lawmakers’ concerns about privacy risks and potential harm to commercial banks, the European Central Bank (ECB) is pushing forward with plans for a digital euro. This digital […]
ECB Official Raises Concerns About Federal Reserve’s Independence
Olli Rehn, a member of the European Central Bank’s governing council and Governor of the Bank of Finland, has cautioned about potential threats to the Federal Reserve’s independence. […]
Trump Attempts to Fire Fed Governor: A Fight Over America’s Central Bank
President Donald Trump has taken aim at Federal Reserve Governor Lisa Cook, aiming to remove her over allegations of mortgage fraud. The move has sparked a legal storm […]
Bank of Russia Tightens Rules on Crypto Operations to Mitigate Risks
The Bank of Russia (CBR) is implementing new regulations for crypto-related operations, aiming to minimize risks for banks and their customers involved in these activities. The regulator has […]
Yellen Emphasizes Fed’s Political Roots, Potentially Impacting Crypto Market
U.S. Treasury Secretary Janet Yellen underscored the Federal Reserve’s independence as a political arrangement, drawing attention to public trust as the sole source of its legitimacy. This statement […]
Singapore Inflation Falls to Lowest Level in Four Months
Singapore’s core and overall inflation rates witnessed a sharp decline in July, falling below analyst predictions and marking the lowest point in four months. Core inflation, excluding housing […]