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Category Bank Term Funding Program

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Speculation Intensifies Over US Banking Sector’s Fate as Fed’s BTFP Closure Looms

Speculation Intensifies Over US Banking Sector’s Fate as Fed’s BTFP Closure Looms

This weekend, many are intrigued by the potential outcomes following the cessation of the U.S. Federal Reserve’s Bank Term Funding Program (BTFP), ...
Mar, 10, 2024
by Bitcoin News
US Banks Borrow $100,000,000,000 From Fed’s Emergency Lending Platform As Industry Fights Crisis of Confidence and Liquidity

US Banks Borrow $100,000,000,000 From Fed’s Emergency Lending Platform As Industry Fights Crisis of Confidence and Liquidity

The Federal Reserve’s lending program to support US banks is in high demand as borrowings shatter $100 billion. The latest data from the Fed shows ...
Jun, 15, 2023
2 min read
by The Daily Hodl
White House Says Biden Has ‘Confidence’ in Fed Chair Powell While Fedwatch Tool Predicts a 25bps Hike This Week

White House Says Biden Has ‘Confidence’ in Fed Chair Powell While Fedwatch Tool Predicts a 25bps Hike This Week

With the Federal Open Market Committee convening on Wednesday and the recent financial troubles facing the U.S. banking system, White House press s...
Mar, 21, 2023
3 min read
by Bitcoin News
‘Next Round of Bailouts Is Here’ — Bitcoin and Precious Metals Soar Amid Speculation of Fed Policy Change

‘Next Round of Bailouts Is Here’ — Bitcoin and Precious Metals Soar Amid Speculation of Fed Policy Change

At around 7:30 a.m. ET, the price of bitcoin skyrocketed past the $27,000 range to a high of $27,025 per unit. Precious metals, or PMs, like gold a...
Mar, 17, 2023
3 min read
by Bitcoin News
Moody’s Downgrades US Banking Sector to Negative After Collapse of Three Major Banks

Moody’s Downgrades US Banking Sector to Negative After Collapse of Three Major Banks

After the failure of three major U.S. banks last week, with two of them being the second and third largest banking failures in the country, Moody’s...
Mar, 14, 2023
2 min read
by Bitcoin News