Warsh's testimony could redefine the Fed's approach to digital assets, influencing future monetary policy and regulatory frameworks.
The post Federal Reserve Chair Kevin Warsh to testify on monetary policy July 15 appeared first on Crypto Briefing.
The post Federal Reserve Minutes Reveal AI Boom Sparking Inflation Worries and Rate Hike Possibilities appeared on BitcoinEthereumNews.com.
Key Takeaways Federal Reserve policymakers identify AI infrastructure expansion as a significant contributor to inflationary pressures through elevated semiconductor, energy, and data center expenses Interest rates remained unchanged at 3.5%–3.75% during June’s policy meeting under new Chair Kevin Warsh Half of the 18 voting committee members anticipate at least one rate increase by the conclusion of 2026 Market expectations show a 69.5% probability of unchanged rates at the upcoming July 29 decision, declining from 80% the previous week Prediction markets indicate a 59% likelihood of a rate adjustment this year, influenced by escalating U.S.-Iran geopolitical risks Central bank officials found themselves at odds during their June policy gathering regarding the appropriate path forward for interest rates. Documents released on Wednesday revealed th
The post Bitcoin (BTC) Slides Under $62K as Iran Tensions Escalate and Oil Surges appeared on BitcoinEthereumNews.com.
Key Takeaways BTC declined 2.1% to approximately $62,115 following Trump’s announcement that the US-Iran ceasefire has ended Brent crude oil prices spiked, momentarily exceeding $80 per barrel Crypto analyst Michaël Van de Poppe identified $61,000 as a critical support threshold Federal Reserve meeting minutes revealed internal disagreement about potential rate increases, pressuring risk-on assets Bitcoin spot ETFs in the US recorded three consecutive days of positive net flows despite price weakness Bitcoin experienced a decline exceeding 2% on Wednesday as heightened tensions between the United States and Iran disrupted global financial markets and triggered a sharp rally in crude oil prices. Bitcoin (BTC) Price The leading cryptocurrency by market capitalization retreated to approximately $62,115, down from levels above $64,600 observed earlier in the trading week.
The post Pound Sterling Price News and Forecast: GBP/USD gains ground to around 1.3395 appeared on BitcoinEthereumNews.com.
British Pound strengthens to near 1.3400 as UK political risk fades The GBP/USD pair gathers strength near 1.3395 during the Asian trading hours on Thursday, bolstered by fading domestic political uncertainty. However, hawkish minutes from the Federal Reserve (Fed) and renewed tensions between the US and Iran might support the US Dollar (USD) and cap the upside for the major pair. Following the resignation of Keir Starmer in late June, UK political risk has eased significantly, lifting the Cable. The formal race to replace outgoing Prime Minister Keir Starmer begins on July 9. Frontrunner Andy Burnham is widely expected to become Prime Minister by July 20. Read more… British Pound Sterling wins the day and stays stuck in the same trap GBP/USD trades just below 1.3400 on Wednesday, up around a quarter of a percent and once again leaning on the 200-day Exponential M
The post Why Vanguard Wants a Digital Assets Lead Now appeared on BitcoinEthereumNews.com.
Vanguard is hiring a Head of Digital Assets. That single line would have sounded far-fetched a couple of years ago. Today it reads like an overdue alignment with where money and market plumbing are heading. This piece unpacks what the role actually covers, why ETF firms that avoided crypto headlines still need crypto talent, and how tokenization, stablecoins, and custody plans show up inside a conservative shop. We will keep it practical, because the stakes are operational, not theoretical. If you work in wealth, product, or risk, you will walk away with a checklist for what matters and what to avoid as incumbents build digital asset teams. ETF giants need crypto talent because client assets, market rails, and back-office workflows are tilting toward blockchains whether or not a firm sells a flashy crypto fund. Vanguard’s new role signals a multi-year roadmap that touches strategy, governance, cu
The post Euro strengthens ahead of Germany’s Trade Balance data appeared on BitcoinEthereumNews.com.
EUR/USD extends its gains for the second successive day, trading around 1.1430 during the Asian hours on Thursday. The Euro (EUR) receives support against the US Dollar (USD) ahead of Germany’s Trade Balance data release later in the day. Traders will likely shift their focus to Friday’s Harmonized Index of Consumer Prices (HICP) data. The US Dollar (USD) underperforms as the Federal Reserve’s (Fed) June Meeting Minutes underscored a widening rift among policymakers during Kevin Warsh’s debut meeting as FOMC Chairman on June 16–17. While a portion of the committee anticipated that the benchmark rate, currently holding at a target range of 3.50% to 3.75%, would likely end the year unchanged or lower, a hawkish contingent strongly argued that persistent price pressures would require a rate hike by year-end. However, this internal friction has reinforced market expectations that the US cen
The post India Maintains Tough Crypto Position as RBI Renews Warning Against Digital Assets appeared on BitcoinEthereumNews.com.
The RBI of India once again reiterated its recommendation for keeping cryptocurrencies and privately held stablecoins out of the regulated financial system. Indian revenue officials have cautioned that offshore exchanges, private wallets, and P2P transactions involving crypto remain difficult to report and enforce. India is currently evaluating its crypto policy in the long run. While the regulatory bodies adopt a cautious stance towards digital assets. According to recent internal government papers, the RBI has reiterated its recommendation regarding restrictions on cryptocurrencies and stablecoins. Reuters reported any cryptocurrencies. Also, keeping themselves free from direct exposure to digital assets. The officials of the RBI believed that restricting financial institutions’ involvement would help avoid the problem of financial contagion within the coun
The post Nexo launches crypto card in Argentina as Latin America push grows appeared on BitcoinEthereumNews.com.
Nexo launched the Nexo Card in Argentina, giving eligible users a way to spend digital assets or borrow against them through one product. The card supports debit mode for direct spending and credit mode for borrowing against crypto collateral without selling holdings. Nexo’s dual-mode card lets eligible Argentine users spend crypto or borrow against holdings without selling. Buenos Aires now anchors Nexo’s Latin America strategy after Buenbit acquisition and Argentina football partnership. Andres Ondarra’s appointment gives Nexo a local lead with finance, fintech and crypto experience depth. The company said users can switch between both modes inside one interface. Nexo also said the card supports purchases in Argentine pesos and U.S. dollars, with cashback on eligible spending and interest on idle in-app balances. Nexo said the product is available through its app and websi
