News
Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.
1Bitget Daily Digest (March 19) | CME Solana futures face a lukewarm reception on the first day of launch, the market awaits the Federal Reserve's interest rate decision2Cardano Social Sentiments Hits Highest Bullish Level in 4 Months, Will Prices Follow?3Mubarak (MUBARAK) Price Prediction 2025-2030: Will It Hold Its Bullish Momentum?

This Important Polkadot Metric Drops Along the Price, What Does it Mean? (DOT Price Analysis)
Cryptopotato·2024/06/12 12:43
CPI cools down, increasing the likelihood of a Fed rate cut
Bitget·2024/06/12 12:41
QCP Capital: optimistic about US CPI data and FOMC meeting results
Bitget·2024/06/12 12:26

Rhythm Evening News|A list of important information in the crypto industry on June 12
BlockBeats·2024/06/12 12:19

Bitcoin Price Prediction: BTC Nears $68,000 as Fed Policy, FOMC and Inflation Loom
Cryptonews·2024/06/12 12:07

Algorand (ALGO) Price Recovery Looks Bleak as Sellers Line Up
BeInCrypto·2024/06/12 10:58

Cookie3 (COOKIE): The Future of Marketing in the Web3 Era
Bitget Academy·2024/06/12 10:51

June Investment Battle: PEPE, DOGE, BEFE – Which Memecoin to Choose?
Cryptonews·2024/06/12 10:31

Why did the astonishing inflow of US spot ETFs fail to drive a sharp rise in BTC?
BlockBeats·2024/06/12 10:04
Flash
- 20:55‘Fed megaphone": the Fed is considering adjusting its balance sheet reduction plan to deal with the debt ceiling challengeOn 19 March, the Wall Street Journal's Nick Timiraos, ‘the Fed's sounding board’, reported that Federal Reserve officials will consider adjusting their policy of shrinking its $6.8 trillion asset holdings. For the past three years, the Fed has been shrinking its portfolio of US Treasuries and mortgage-backed securities accumulated in previous stimulus packages, including moves to stabilise markets during the 2020 epidemic. For now, the Fed may choose to pause or slow down this tapering process. The move is intended to avoid a repeat of 2019, when balance sheet reductions led to tight overnight financing markets, forcing the Fed to turn to and expand its holdings. Roberto Perli, the Fed's executive officer overseeing the balance sheet at the New York Fed, said this month that a pause in tapering would be a ‘tactical decision’ that ‘doesn't change the ultimate goal.’ Blake Gwinn, an interest rate strategist at RBC Capital Markets, noted that a pause in tapering makes sense because ‘the debt ceiling is going to distort those signals’. Currently, the Fed allows up to $25 billion of Treasuries and $35 billion of mortgage-backed securities to mature each month without reinvestment. As holdings decrease, so do bank reserves. However, the debt ceiling issue could interfere with this process because the Fed is also the government's banker. Analysts expect that the Fed may pause tapering until a few months after the debt ceiling is raised, and then resume when the Treasury rebuilds its cash balance, and Gwinn said that if the economy deteriorates, this ‘pause’ could also turn into a ‘halt’, prompting officials to end this form of policy tightening.
- 20:53Trump Media Technology Group Announces Launch of Its Truth+ Streaming Service on the Roku PlatformOn 19 March, Trump Media Technology Group (ticker: DJT.O) announced the release of its Truth+ streaming service on the Roku platform, with the company's shares pulling up more than 2% in pre-market trading after the news was announced, according to a report from Golden Ten. According to the announcement, the company plans to launch a Truth+ native app in the near future and further expand its support to a variety of connected TV platforms, including Samsung and LG.
- 18:16FOMC statement: Fed to begin slowing pace of balance sheet reduction on 1 AprilThe Federal Reserve will begin to slow the pace of balance sheet reduction on 1 April, according to the Fed's FOMC statement.