Fed Rules out BTC Reserves: ‘We’re Not Allowed to Own Bitcoin’

December 19, 2024 Bitcoin.com

Bitcoin

Federal Reserve Chair Jerome Powell has dismissed the idea of the Fed holding bitcoin, emphasizing legal restrictions, as U.S. crypto policies and market dynamics rapidly shift. Why the Federal Reserve Can’t—and Won’t—Hold Bitcoin Anytime Soon Federal Reserve Chair Jerome Powell reiterated the central bank’s stance on bitcoin during a press conference Wednesday, following a rate […]

Former Binance.US CEO Brian Brooks takes board seat at MicroStrategy

Bitcoin Price Drops As Jerome Powell Says Federal Reserve ‘Not Allowed’ To Hold BTC

December 18, 2024 The Daily Hodl

Bitcoin

The price of Bitcoin is testing $100,000 after Fed Chair Jerome Powell issued a statement on the central bank’s ability to hold BTC. Powell took questions from reporters after announcing the Fed has lowered its key interest rate by a quarter percentage point in its third consecutive reduction. When asked if he sees any value […]

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Former Binance.US CEO Brian Brooks takes board seat at MicroStrategy

Bitcoin (BTC) Competes With Gold, Not the US Dollar: Fed Chair Jerome Powell

December 6, 2024 The Daily Hodl

Bitcoin

U.S. Federal Reserve Chair Jerome Powell thinks Bitcoin (BTC) is more akin to gold than the US dollar. At the New York Times DealBook summit this week, Powell was asked whether the public’s interest in BTC represents a lack of faith in the US dollar. Says the Fed chair, “I don’t think that’s how people […]

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Former Binance.US CEO Brian Brooks takes board seat at MicroStrategy

Senior Fed Official Pockets $770,000 in Insider Trading Scheme, Faces 25 Years in Prison: US Department of Justice

November 29, 2024 The Daily Hodl

Senior Fed Official Pockets 0,000 in Insider Trading Scheme, Faces 25 Years in Prison: US Department of Justice

Daily Hodl

An ex-bank examiner and senior manager at the Federal Reserve Bank of Richmond (FRBR) could spend decades behind bars for using confidential information to trade shares of US banks. The U.S. Justice Department (DOJ) says former FRBR senior official Robert Brian Thompson has pleded guilty to one count of insider trading and one count of […]

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Former Binance.US CEO Brian Brooks takes board seat at MicroStrategy

Rate Cut Roulette: Bettors and Analysts Divided on Fed’s Next Step

November 24, 2024 Bitcoin.com

bitcoin.com

Based on current data, 24 days before the upcoming Federal Open Market Committee (FOMC) meeting, there’s a 52.7% likelihood of a quarter-point rate cut, according to CME Group’s Fedwatch tool. Markets Signal Mixed Messages Ahead of FOMC Meeting The U.S. Federal Reserve‘s federal funds rate outlook for December remains a toss-up. The odds of no […]

Former Binance.US CEO Brian Brooks takes board seat at MicroStrategy

Trump Appears Set To Keep Fed Chair Jerome Powell On Until His Term Ends in 2026: Report

November 8, 2024 The Daily Hodl

Daily Hodl

Donald Trump reportedly appears to have no problem with Federal Reserve Chair Jerome Powell serving the remainder of his term until May 2026. Trump appointed Powell during his first term but the two clashed several times leading to the then 45th US president threatening to remove the Fed Chair from office. Powell kept his post […]

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Former Binance.US CEO Brian Brooks takes board seat at MicroStrategy

Unanimous Fed Decision: Quarter-Point Cut Signals Major Shift

November 7, 2024 Bitcoin.com

bitcoin.com

The U.S. Federal Reserve gathered on Thu. for its Federal Open Market Committee (FOMC) session, where officials opted to trim the federal funds rate by a quarter-point. This announcement comes on the heels of Donald Trump’s election as the 47th president of the United States. “The economic outlook is uncertain, and the Committee is attentive […]

Former Binance.US CEO Brian Brooks takes board seat at MicroStrategy

Bitcoin price metrics align to project further upside for BTC

November 6, 2024 Coin Telegraph

Adoption

Bitcoin options and futures markets display moderate optimism after a new BTC all-time high, which could be indicative of new price highs.

Bitcoin (BTC) surged by 10.5% to hit a new all-time high at $75,350 from Nov. 5 to Nov. 6 following former US President Donald Trump's win in the 2024 election.

Despite the recent price fluctuations, the market is demonstrating a strong foundation that supports continued growth. Bitcoin derivatives highlight the robust improvement in sentiment and the absence of excessive leverage, which are essential for gains above $75,000.

Bitcoin 2-month futures annualized premium. Source: Laevitas.ch

Former Binance.US CEO Brian Brooks takes board seat at MicroStrategy

Bitcoin price peels back from its weekly high, but BTC derivatives markets look good

November 2, 2024 Coin Telegraph

Coin Telegraph

Wider economic and stock market-related issues are impacting Bitcoin’s softening price, but futures market data shows traders still feel bullish.

Bitcoin’s (BTC) price momentum has cooled since the Oct. 29 rally toward the all-time high, but the derivatives market continues to project traders’ optimism in a price recovery.

The analysis of Bitcoin futures and options markets suggests that traders are maintaining positions without excessive leverage, which is crucial for a sustainable push toward new all-time highs. However, understanding the trigger for Bitcoin's price drop to below $69,000 on Nov. 1 remains essential.

Bitcoin 1-month options delta skew, put-call. Source: Laevitas.ch

Former Binance.US CEO Brian Brooks takes board seat at MicroStrategy

Bitcoin traders take a breather as BTC price metrics hint new highs are incoming

October 30, 2024 Coin Telegraph

ATH

Bitcoin fell short of its all-time high, but multiple Bitcoin price metrics show BTC price on target to hit new all-time highs

Bitcoin (BTC) surged 9.7% from Oct. 27 to Oct. 29, reaching a peak of $73,575, before paring gains to retest the $71,500 level on Oct. 30. Despite Bitcoin’s price correction, several indicators—including derivatives market activity, onchain metrics, and stablecoin demand—suggest a solid foundation for a sustained rally above $73,000 in the near term.

But, the Bitcoin futures premium—a key gauge of leveraged demand—signals strong conviction from bullish investors.

Bitcoin 2-month futures premium. Source: laevitas.ch

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