European Central Bank
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On Wednesday, markets will receive the latest Consumer Price Index report followed by the Federal Reserve’s rate decision and projections
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Bitcoin lost around 6.5% over the past 24 hours while ether lost more than 7%, analysts say the correction was expected
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Global bank leaders say a recession is unlikely, but persistent inflation may lead to rate hikes
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Some of the banks are getting to a point where “they may decide” for or against CBDC implementation
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Given the impressive growth trajectory and unpredictable future of crypto markets, the potential systemic risks cannot be dismissed, the board said
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Cryptoassets have become the “bubble of a generation,” ECB Board Member Fabio Panetta said
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Buried inside a recent hateful Bitcoin blog from the European Central Bank are two nuggets of truth
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Bitcoin, like gold, has been trading sideways for months, a period of unusually low volatility, but now looks poised to trend upward
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The guidance comes shortly after the European Central Bank (ECB) released a report on stablecoins and financial stability
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MiCA will increase transparency around stablecoin reserves, carbon emissions and crypto exchange practices
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As the ECB does due diligence on a possible CBDC, executives issue warnings about other digital assets
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Policymakers in the UK opted to raise interest rates for the first time since 2018, while the ECB retains a relatively more accommodative stance
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The investigation phase will last 24 months and will focus on addressing “key issues regarding design and distribution” of a digital euro, it said.
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