Central Bank
Singapore Central Bank Starts Tokenization Pilots; What's Behind Solana’s SOL Rally?
"CoinDesk Daily" host Jennifer Sanasie breaks down the hottest crypto headlines today, including Singapore's central bank starting to test tokenization use cases alongside major financial services firms like JPMorgan. Shiba Inu (SHIB) ecosystem’s upstart blockchain Shibarium will be used by the Manny Pacquaio Foundation for fundraising and operational activities. And, a closer look at the latest SOL rally.
Bitcoin Flirts With $29.5K Shrugging off Macroeconomic Events, Curve Finance Exploit
Bitcoin briefly broke above $29,500 in the last 24-hours as investors await the upcoming U.S. jobs report on Friday. The largest cryptocurrency by market cap appears to be unfazed by recent moves from central banks around the globe and even material technical events like the Curve Finance exploit. eToro US Investment Analyst Callie Cox shares her crypto markets analysis and outlook.
World's Leading Central Banks' Balance Sheets Look to Have Troughed
The world's most influential central banks appear to have stopped shrinking their balance sheets, a tactic they adopted last year to control inflation in a program that destabilized risk assets, including cryptocurrencies. "The Hash" panel discusses the implications for the crypto industry and global finance at large.
Inflation Crisis Lingers Ahead of Key Fed Decision: Analyst
The U.S. Federal Reserve Chairman Jerome Powell will announce the central bank's latest interest rate decision amid lingering banking and inflation concerns. eToro Investment Analyst Callie Cox shares her expectations, saying, "optically it's going to be very hard for the Fed to raise rates right now...but doesn't mean they won't do it."
Fed's Powell: No Decision yet on Size of March Rate Hike
U.S. Federal Reserve Chairman Jerome Powell stressed that the central bank has yet to decide on the size of the rate hike when the Federal Open Market Committee (FOMC) meets later in March. Testifying before the House Financial Services Committee for his semi-annual monetary policy report on Wednesday, Powell made a notable change from Tuesday's Senate testimony in his prepared remarks.
