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Reputable Non-AAMS Crypto Casinos for Italian Players 

The online gambling industry in Italy has been fully legal in Italy since 2006. However, many Italian casino enthusiasts prefer to play offshore gaming sites without a license issued by AAMS (Agenzia Delle Dogane e Dei Monopoli). The most popular among them are non-AAMS Italian crypto casinos, which provide fast transaction speed, low fees, fewer restrictions on games available, and more.

Want to enjoy your favorite slots or live casino games without revealing your gambling activity? Then, these crypto casinos are what you need! Scroll down to learn more about these gaming sites, pick the one that meets your requirements, and register for big wins right away!

Safe Non-AAMS Crypto Casinos

As the name suggests, these are offshore gaming sites that operate according to the rules of other regulatory bodies. All of them are reputable authorities, so you do not need to worry about your sensitive data protection.

For example, trustworthy non-AAMS gaming sites support SSL encryption, HTTPS, and firewalls. BCgame, 20Bet Casino, and MyStake Casino are among the pinnacle representatives of such gaming platforms.

BC.Game

www.bc.game

It is a popular crypto-based casino operated under the Curacao license (#5536/JAZ). The website is perfectly designed and easy to understand. You can quickly switch between games, make a deposit in a few clicks, and cash out winnings without delay.

In the game’s profile, you can find numerous games powered by NetEnt, Microgaming, Pragmatic Play, etc. A separate category is powered by a BCgame provider (Plinko, Limbo, Crash, Mines, etc.).

The platform accepts many tokens, including Bitcoin, Satoshi, Ethereum, Binance Coin, Tether, Ripple, and more. Also, you may deposit using 8 mNFTs like mPunks, mBAYC, mClonex, and others.

Pros: Why should you play at BC.Game

• A user-friendly interface where you can switch between day and night modes;
• A perfect mobile compatibility;
• Cooperation with leading software developers;
• The best security measures, including SSL encryption, HTTPS, etc.;
• A developed community on different social networks and platforms like Discord, Facebook, Instagram, X, Telegram, GitHub, and Bitcoin Forum;
• A dedicated sportsbook with thousands of minor and world events.

Cons: The disadvantages

• There is a poor selection of promotions for regular players.

MyStake Casino

Last but not least representative is MyStake Casino, which also operates under the Curacao eGaming license (No. 1668/JAZ). The platform provides casino and bookmaker services for fiat and cryptocurrency players.

The site features top-notch security measures, so you do not need to worry about your sensitive data protection. MyStake cooperates with dozens of leading software providers, including NoLimit City, Hacksaw Gaming, EGT, Pragmatic Play, and more.

Thus, you may count on perfect optimization of all games spiced up with excellent graphics and engaging sound effects. All games are perfectly structured based on their distinguishing features like Jackpot, Megaways, Bonus Buy, etc.

Pros: Why should you play at MyStake Casino

• Stylish and catchy UI;
• Plenty of popular slots, including Gates of Olympus, Sweet Bonanza, Sun Of Egypt 3, and more;
• A dedicated welcome bonus for mini-games like Aero, Chicken, Dino, etc.;
• An affiliate program with multiple plans, including Hybrid, CPA, Sub Affiliate, and Revenue Share;
• A perfectly optimized mobile version of the site;
• Highly professional customer support service available via live chat, email, and Skype.

Cons: The disadvantages

• No dedicated applications for iOS and Android devices.

20Bet Casino

This is another globally available non-AAMS crypto casino site that also operates under the license issued by the Curacao Gaming Control Board (8048/JAZ2017-067). Being offshore, it still adheres to AML policy and strictly follows KYC rules.

Along with the perfectly optimized mobile version of the site, you may download and play from dedicated iOS and Android apps. The platform caters to the interests of newly registered and regular players by implementing the 1st/2nd deposit bonuses, Friday reloads, Slot Races, and Wednesday Free Spins.

Also, there is a casino VIP program within which you may expect to get a share of a $100,000 prize.

Pros: Why should you play at 20Bet Casino

• Multiple bonuses for regular players and newcomers;
• Support of banking options that accept fiat and virtual money;
• Dedicated applications for Android and iOS devices;
• Antillephone license validation;
• Reliable customer support service available 24/7;
• Hundreds of slot, table, card, live dealer, and instant games.

Cons: The disadvantages

• The site’s interface looks a bit outdated.

Casino GoldenBet

This gaming site offers hundreds of slot, card, table, bingo, and crash games. There is also a Live Casino category where you can play roulette, baccarat, poker, or enjoy game shows.

Games are hosted by professional dealers who use real casino equipment for maximum immersion into the land-based casino atmosphere. The site’s interface is intuitively understandable, so you can easily set it up in a couple of minutes.

Casino players may claim bonuses for the first 2 deposits, a 10% cashback, and activate free spins. In case you face gambling-related issues, you may contact the customer support service via live chat or email.

Pros: Why should you play at Casino GoldenBet

• This migliori casino online non AAMS offers hundreds of regular and jackpot games;
• A relevant Curacao license (No. 1668/JAZ);
• A tempting affiliate program for passive income;
• Multiple tournaments to keep regular players engaged;
• The perfectly optimized mobile version of the site;
• A refund policy.

Cons: The disadvantages

• You can not use cryptocurrency for depositing and withdrawing.

Most Popular Games to Play with Crypto

Non-AAMS gaming sites offer a wide selection of games powered by top software providers. One of the most popular categories are slot, card/table, instant, and live dealer games.

• Slots. A player may launch thousands of slot games powered by NetEnt, Microgaming, BGaming, and other developers. The premier ones are Fire In The Hole XBomb, Speed Winner, Wild Coaster, etc.

Among them, you can select classic slots with 3-reel mechanics and advanced 5-reel games. Depending on your preferences, you may choose games with low/medium/high volatility and a wide range of RTP rates.

• Card and table games. Within this category, casinos offer Baccarat, Poker, Blackjack, Andar Bahar, Sic Bo, Craps, and other games. All of them are RTP-based and have licenses, so you can expect to get timely payouts, all in-game bonuses stated in the descriptions, and a completely secure gaming environment.

Games are perfectly optimized for any platform so that you can enjoy them anywhere on the go without a quality or speed drop.

• Live dealer games. Games from this category are played vs real dealers. For example, you may enjoy XXXtreme Lightning Roulette, Speed Baccarat, Power Blackjack, and more against professional dealers who use real casino equipment. Together with a live chat, it helps you dive into the land-based casino atmosphere without leaving your house.
• Instant games. This category is one of the most popular at crypto gaming sites. These games are fairly simple and engaging. An inbuilt chat, Provably Fairness algorithm, and fast-paced rounds attract many casino enthusiasts. Among the most popular titles within this category are Aviator, Space XY, Plinko, and more.

Most games support a demo mode so that you may enjoy them without spending a single penny. It is also a perfect option to hone your skills, test new games, or simply have fun without depositing.

Guide on Playing at a Casino without AAMS License

To start playing at non AAMS crypto casinos, you should take the following simple steps.

1. Choose a reputable platform from the list provided and head to its official website.
2. Pass the registration process and provide the minimum info to become a full member.
3. Claim a welcome reward and start testing games for free. Also, you can make the minimum qualifying deposit and enjoy your favorite games for real money.
4. Withdraw winnings after meeting all wagering requirements (in case you use bonuses).

Remember that these casinos adhere to KYC/AML rules, so you must pass the verification of ID and payment details to cash out your winnings successfully.

Why Join Non-AAMS Crypto Casinos?

Among the main benefits of offshore crypto casinos are the following:

• Fewer restrictions on games and software providers;
• Richer bonus program with moderate wagering requirements;
• Ability to play even if you are on the self-exclusion program;
• Multiple banking options that accept cryptocurrencies;
• Global accessibility;
• Enhanced anonymity;
• Reduced fees and quick transaction speed.

Remember that all these advantages make sense only if you pick a trustworthy gaming site with a relevant license.

Ready to enjoy all those advantages non-AAMS gaming platforms offer? Then do not hesitate to register at one of the casinos reviewed and start your journey to big wins!

FAQ

Is It Safe To Play at Non-AAMS Crypto Casinos?

Yes, if you select a reputable casino from our list, you are guaranteed to enjoy a 100% secure gaming environment.

What Are the Fees Associated With Using a Crypto?

Most crypto casinos do not impose fees on deposit transactions. As for withdrawals, sites may charge different percentages. For example, BCgame users must pay 0.000188 BTC for cashing out in Bitcoin or 0.002 ETH for Ethereum.

What Cryptocurrencies Are Accepted at Non-AAMS Crypto Casinos?

These sites support a wide selection of stablecoins and cryptocurrencies, including BTC, ETH, USDT, BNB, etc.

How to Buy Cryptocurrency for Gambling at Casinos Without AAMS License?

For this purpose, you must open an e-wallet and buy tokens on a crypto exchange. Some non-AAMS crypto casino sites have built-in features (for example, MoonPay) so you can purchase crypto and start playing from one place.

Worldcoin (WLD), the cryptocurrency associated with Sam Altman’s innovative retina-scanning project, experienced significant fluctuations in its value in recent days, coinciding with Altman’s departure from OpenAI and subsequent rumors of his potential return before ultimately being replaced.

On November 16, WLD reached a high of $2.48, but its value began to decline shortly thereafter.

The decline intensified after Altman’s departure from OpenAI became public on November 17 in the United States, causing WLD to plummet to a low of nearly $1.84, according to data from CoinGecko.

However, the token managed to stage a recovery, surging by 12% within the following 24 hours, reaching an intraday high of $2.54 during Asian trading on Monday morning.

Nevertheless, WLD once again faced a drop in its value, falling to $2.30 after Altman was officially replaced as CEO by Emmett Shear, co-founder of Twitch.

It’s worth noting that Altman was one of the co-founders of Worldcoin, which was launched in July as a digital identity platform with grand ambitions of creating a global ID and financial system.

READ MORE:The Best Ways to Earn Passive Income with Cryptocurrency in 2023

This system would rely on retina scanning technology to authenticate individuals, addressing concerns related to privacy and security amidst the growing influence of artificial intelligence (AI) technology.

The launch of Worldcoin sparked a polarized response within the cryptocurrency community, with many questioning the project’s degree of centralization and its implications for user privacy.

Interestingly, over the past 24 hours, AI-related cryptocurrencies have exhibited strong performance.

The market capitalization of AI-related tokens recorded a notable 7.2% increase, reaching $6.5 billion.

Tokens like Fetch.ai (FET), SingularityNET (AGIX), and Akash Network (AKT) have witnessed double-digit gains during this period, as reported by CoinGecko.

In summary, Worldcoin’s recent volatility was closely tied to the developments surrounding Sam Altman, its co-founder, and his departure from OpenAI.

The cryptocurrency continues to be a subject of scrutiny and debate within the crypto community, while AI-related tokens as a whole are demonstrating resilience and growth in the market.

Discover the Crypto Intelligence Blockchain Council

Coinbase, a prominent cryptocurrency exchange, made two attempts to acquire FTX Europe, with the intention of expanding its derivatives business internationally.

However, it has now been revealed that Coinbase has decided against pursuing this acquisition, as reported by Cointelegraph.

These acquisition endeavors occurred in November 2022, shortly after FTX’s parent company experienced a significant setback, and again in September 2023.

A spokesperson from Coinbase confirmed the reports, stating, “We’re always evaluating opportunities to strategically expand our business and meet with many teams around the world.”

Besides Coinbase, other entities expressing interest in acquiring FTX Europe include Crypto.com and Trek Labs.

The sale deadline for FTX Europe has been extended until September 24. FTX had previously invested nearly $400 million in its European branch.

FTX Europe conducted its derivatives trading activities under a regulatory license from Cyprus. At the time of its parent company’s downfall, it was the sole provider of several popular derivatives products, including perpetual futures.

Derivatives are financial instruments whose value is derived from an underlying asset, such as Bitcoin (BTC).

READ MORE: Creators Embrace Decentralized Platforms as Web3 Reshapes Adult Content Industry

They encompass various types, including options, futures, and swaps, and are commonly used by investors for hedging, leverage, and market speculation, making them a favored strategy among traders and institutional investors.

The potential acquisition of FTX Europe could have significantly boosted Coinbase’s fee revenue, given the growing popularity of crypto derivatives trading, even during bear markets.

Coinbase’s latest quarterly earnings report revealed $707 million in revenue for the second quarter of 2023, with $327 million attributed to spot trading—a 13% decline from the previous quarter.

Simultaneously, global derivatives trading volumes on centralized exchanges experienced a 13.7% surge in June, reaching $2.13 trillion, as per CCData.

Binance emerged as the leading platform for cryptocurrency derivatives trading, with a trading volume exceeding $1.21 trillion in June, followed by OKX exchange at $416 billion, marking a 44.9% increase in activity.

Bitcoin futures trading also spiked on the CME exchange, reaching $37.9 billion, a 28.6% increase in the same month.

Notably, Coinbase has also ventured into the derivatives markets in the United States. In August, it received regulatory approval to offer crypto futures investments to eligible customers in the country.

This approval enabled Coinbase to introduce Bitcoin and Ether (ETH) futures contracts through its Commodity Futures Trading Commission-regulated derivatives exchange, FairX.

The global crypto derivatives market, according to Coinbase, represents nearly 75% of crypto trading volume worldwide and serves as a critical access point for traders.

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Bitcoin Holds Steady at $27,000 as Crypto Community Awaits Fed’s Decision

Does the online casino have a gender? Many people think it’s a male-dominated field, but facts say the opposite. This article will show that the female audience is rapidly increasing and determine the kind of quality casino entertainment each gender prefers.

How Many Women Play in Casinos?

The history of the casino goes back to the 18th century. During these times, gambling houses were visited mainly by men. But with the advent of new technologies and going online, the situation in the world has changed.

Gambling statistics (in 2019) report that the total number of women relative to all online casino users exceeds 17.6% in Canada and 45.8% in Australia! It means that almost each fifth Canadian and each second Australian casino player is female. According to the British Gambling Commission surveys (in 2021), 41.6% percent of United Kingdom women were gambling last month. For men, this percentage is just over 43%. At the same time, the average age of women in the casino is 29 years, and for men – 33 years. It vividly demonstrates the real picture of casino gender and refutes that gambling is male-dominated.

Psychology of Online Gambling

After online casinos appeared, this kind of entertainment became much more accessible to females. Like men, they see gambling as a vibrant alternative Universe for a unique experience. According to the YouGov UK research about the reasons to play (in 2021), more than 40% of women and men agreed that this is a common fun activity. Over 27% of women chose that they like to fantasize about winning. Over 20% of men selected it as getting the experience of what they bet on. Besides, five times more men than women identified the casino as a reliable way to show skills and earn money. 

Another difference is that women are less dependent on casinos. The British Gambling Commission study found that men are about seven times more likely to have addiction problems. They see the casino as a source of income or competition because of keeping going for the reward when losing a streak. Besides, men’s large bets with aggressive strategies also express it. Women, in turn, play for a long time, bet little, and enjoy the process differently.

What games do men and women prefer?

The main question remains how the preferences of players of different sexes differ. Men love table games such as BlackJack or Poker because they prefer competitive activities and often play according to the chosen strategy. Women choose games of luck such as Lottery or Bingo. In addition, they are attracted by colorful Slots with fruits or any other theme. They rarely act according to a specific plan, so these games are perfect for them.

Some activities appeal to both women and men. For example, Roulette is a game with a moment of randomness but a certain probability of a ball falling out. This combination of sheer luck and clear strategy has proven to be universal in terms of gender casinos.

Crypto Casino and Genders

The above facts argue that men have ceased filling the casino space. But one more variable should be added to this equation – cryptocurrency. Since modern online casinos allow you to place bets in many currencies, the gender distribution, in this case, changes significantly.

The spoiler is that this situation will not change. It is difficult to deny the clear predominance of the number of male crypto enthusiasts. The percentage of women with an account on platforms like BetFury is very low. Although, according to statistics, more than 40% of those interested in buying Bitcoin were women. Therefore, more women will soon play in the casino and bet on cryptocurrencies.

So, we can conclude that women are interested in investing and the cryptocurrency market no less than men. By the way, apart from the 8,000 Slots and Original games with one of the highest RTPs on the market, you can also participate in Staking on BetFury. BetFury has an internal token – BFG. It’s listed on many crypto exchanges: PancakeSwap, Biswap, etc. The token has over 55,000 holders, and more than 3B BFG are in circulation. To start investing, you only need a minimum of 100 BFG. 

Communication Ways on Social Media

Social media is one of the most important means of attracting an audience to the casino environment. Among them are Twitter, Telegram, TikTok, YouTube, and others. So, Twitter has 43.6% of women, Telegram has 41.4%, and TikTok has 57%. Let’s now define the relationship between general statistics and gambling.

The BetFury platform has collected data on gender from social media. The study showed that the clear leaders in the female audiences are TikTok (28%) and Twitter (32.09%). Therefore, most women often go to the casino from these social networks.

Analyzing this data makes it possible to identify the content attracting females the most. These are fascinating videos, funny memes, short info posts, and interactive, that is, a news feed with short facts and a visual component.

To sum up, the potential of attracting a female target audience to the casino is great since it’s a high-quality type of entertainment. Women are increasingly interested in cryptocurrency, looking for ways to make money and have a good time. Therefore, the online gambling audience will become more diverse soon, and no one will say that the casino is a male-dominated area.

Several analysts have predicted that the price of Flasko (FLSK) will rally in the coming 18-24 months, but is this token a good investment for retail crypto traders. Read on to find out more about Flasko, including our price prediction and an overview of the platform.

What is Flasko?

In an innovative approach to wine and spirits investment, a new platform, Flasko, was launched in 2022 to offer users the chance to invest in high-end alcoholic beverages using non-fungible tokens (NFTs). The goal is to enable potential investors to purchase NFTs, each representing a certain amount of a bottle or case of alcoholic beverages, that can either be held onto or sold at a profit.

The unique aspect of Flasko’s approach lies in the fractionalization of the NFTs, allowing investors to purchase a part-NFT. This concept is similar to buying a fraction of an ether (ETH) token on a cryptocurrency exchange. Despite the fractionalization, part-NFT holders maintain their investments on the specific part of the tokenized item.

The system’s whitepaper describes the daily monitoring and analysis of the market by their experts to identify the products with the most potential for long-term growth. Flasko offers a range of wines, whiskeys, and champagnes, which are stored in insured and licensed-bonded warehouses.

One of the key features of Flasko’s system is the ability for users to purchase either a fraction or the entirety of an NFT, and have the represented alcoholic beverage delivered to their specified address free of charge. The NFTs represent individual investments or even a basket of various alcoholic beverages. These NFTs and their fractions are tradable via the Flasko platform, allowing users to buy and sell their investments.

Flasko price prediction and ROI

Flasko’s website claims that wine, whiskey, and champagne investments have delivered a 28% return on investment (ROI) in recent years. However, potential investors should conduct their own research to verify these claims and understand the implications for their prospective investments.

It’s important to understand that past performance does not guarantee future results. The value of these drinks could possibly stagnate or decline in the coming years. Therefore, investors are urged to exercise caution and carry out thorough research before committing their funds to such investments.

Every blockchain and blockchain-based network requires its own native cryptocurrency, and Flasko is no different. It features the Flasko token (FLSK), which serves to keep the system operational.

Owners of the Flasko cryptocurrency can use it to purchase the system-created NFTs and stake their Flasko tokens for rewards. Additionally, those holding a certain amount of Flasko, the specifics of which have yet to be announced, will gain access to in-person events.

However, there is ambiguity regarding the blockchain on which the Flasko cryptocurrency is based, making it unclear whether we are referring to the Flasko token or the Flasko coin. While every coin is a token, not all tokens are coins. At the time of writing, we have sought clarification from Flasko but received no immediate response.

The Flasko token is not yet available on the open market but is currently in the presale stage. During the presale, 35% of the total supply of one billion tokens will be up for sale. Other allocations include 12.5% for exchange listings, 17.5% for marketing, and 14% for the development team. Protocol community investments will receive 15%, while 5% goes to platform partnerships, and 0.5% will be directed towards charitable causes. The presale end date remains unspecified.

After the presale concludes and Flasko (FLSK) enters the open market, transactions will incur a tax. Purchases will carry a 7% tax, distributed between marketing (4%), liquidity pool (2%), and token burn (1%). Sales, on the other hand, will have a 14% tax, with distribution to marketing (9%), the liquidity pool (3%), and token burn (2%) intended to maintain a reasonably high price.

In summary

Flasko presents an innovative and unique opportunity to invest in high-end alcoholic beverages via fractional NFTs. Despite the promising prospects, potential investors should conduct their own due diligence and remain cognizant of potential risks. The evolution of Flasko’s business model and tokenomics will certainly be interesting to follow in the coming months.

Inclave Casino stands as a shining beacon of modern gambling entertainment, nestled within the hustle and bustle of the contemporary urban scene. As a symbol of a vibrant gaming culture, this establishment strikes a perfect balance between the classic essence of casino gaming and the innovation of digital age technology.

Stepping into Inclave Casino, one is greeted by an atmosphere that perfectly combines luxury and excitement. The beautifully decorated interior captures the spirit of elegance, with opulent chandeliers illuminating the space, intricate gold detailing along the walls, and plush, comfortable seating. Yet, amid this lavish setting, the thrill of the gamble pulses through the air, creating an exhilarating environment that invites visitors to engage in their favorite games.

The casino’s gaming floor is an awe-inspiring sight, presenting a grand assortment of traditional and modern games. Row upon row of slot machines fill the air with their playful, chiming melodies. Each machine offers a unique theme, from classic fruit designs to more adventurous concepts, ensuring that there’s something for everyone.

Table games are plentiful at Inclave, with numerous variations of poker, blackjack, baccarat, and roulette available. High-quality felt tables, impeccably maintained, and attended by professional dealers lend credibility and sophistication to the gaming experience. Whether a novice or a seasoned pro, the games are accessible to all, fostering an inclusive gaming community.

Poker at Inclave Casino

The Inclave Casino also boasts a world-class poker room, offering high-stakes games for the more serious players. These rooms have become a popular hub for both local and international poker enthusiasts, hosting a multitude of tournaments throughout the year.

What sets Inclave Casino apart is its innovative incorporation of technology. Reflecting the digital era, the casino has integrated modern tech solutions to enhance the gaming experience. Biometric identity verification ensures secure transactions, while digital game variants offer an alternative for tech-savvy players. Inclave has even introduced a digital currency system, allowing players to easily manage their gaming funds electronically. This symbiosis of tradition and innovation sets the benchmark for the future of the gambling industry.

Inclave Casino also offers an impressive array of dining options. Visitors can savor a wide range of cuisines at the establishment’s premium restaurants, from gourmet meals to comfort food. The casino’s cocktail bars offer an assortment of expertly crafted drinks, perfect for unwinding after a thrilling session on the gaming floor.

Entertainment

In terms of entertainment, Inclave Casino pulls out all the stops. Regular live music performances, comedy shows, and other events offer a rounded entertainment experience, providing visitors with more than just gaming. The casino’s dedication to providing diverse entertainment options helps to create an environment that caters to a broad audience.

Moreover, the casino prides itself on responsible gaming, promoting a healthy balance between gambling for entertainment and maintaining financial control. Inclave Casino has made it its mission to provide a safe and responsible environment for all players, with staff trained to identify and help manage problem gambling behavior. This commitment to responsible gaming reflects the casino’s values and adds another layer of trustworthiness to its brand.

In terms of customer service, Inclave Casino leads by example. With a highly trained staff always ready to assist, the casino ensures that all visitors receive a first-class experience. Be it a question about the games, help with reservations, or simply a need for recommendations, the staff handles all queries with the utmost professionalism.

Inclave Casino is more than a gambling establishment; it’s an institution that upholds the heritage of traditional gaming while forging a path for future innovations. It brings together diverse groups of people, all united by their love for gaming, in an environment that is luxurious, inclusive, and progressive.

Does Inclave Casino accept crypto?

Inclave Casino does not currently accept wagers in cryptocurrencies. If you’d like to gamble in crypto, you should use an online crypto casino, such as Wolf Bet.

Summary

In summary, Inclave Casino isn’t just about winning or losing; it’s about the experience of the game, the thrill of the gamble, and the joy of shared entertainment. It’s a shining example of how the classic and the modern can coexist, creating a rich and vibrant tapestry that satisfies all senses. It’s not just a casino; it’s a destination – a place where people come for the games but stay for the atmosphere, the service, and the total experience.

Bitcoin prices were unaffected by announcements from a Federal Reserve body, remaining roughly around $23,000 following the news, reports revealed.

The Federal Reserve’s Federal Open Market Committee (FOMC) announced on Wednesday it had increased federal fund rates 25 basis points to roughly 4.5 percent to 4.75 percent.

In its statement, the FOMC said that the US received “modest growth in spending and production,” along with low unemployment and high job gains.

It also cited the ongoing Russo-Ukrainian war, which caused “tremendous human and economic hardship” and “elevated global uncertainty.”

From Inflation to Elation

The Committee also aims to return inflation to 2 percent in the long term by raising federal fund rates, with additional increases in the future.

It explained, stating,

“In determining the extent of future increases in the target range, the Committee will take into account the cumulative tightening of monetary policy, the lags with which monetary policy affects economic activity and inflation, and economic and financial developments.

According to analysts, the Federal Reserve could increase basis point rates in 25 point increments once or twice before ceasing measures.

The crypto market has made a new high after the Fed meeting, despite the Fed trying to act hawkish, just as we expected.

Bitcoin, though, has been stronger than we expected, as it didn't go down to 22200. After consolidating for a while, it looks ready to go higher. pic.twitter.com/K0JD982R2f

— Crypto Bull Society (@Crypto_Bull_Soc) February 2, 2023

Despite this, Bitcoin remained high amid the news, with Twitter users commenting on the matter. One person stated that crypto had made a “new high” after the meeting.

The user added: “Bitcoin, though, has been stronger than we expected, as it didn’t go down to 22200. After consolidating for a while, it looks ready to go higher.”

The news comes as Bitcoin maintains an upswing in value after recouping from a bearish 2022 market. In January, the cryptocurrency surpassed $23,000 multiple times, indicating a slow return to bullish markets.