Bitcoin Eyes $45K: Crypto Market Turns Green on Positive US Fed News (Market Watch)
The price of bitcoin has jumped to a weekly high of nearly $45,000 amid positive news coming from the US Fed Chair – Jerome Powell. Most alternative coins have also…
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Global CBDC bridge needs public and private cooperation, says BIS
Cooperation between public and private sectors would be vital for a global CBDC system, says a new joint report.
Bitcoin price eyes $50K as the US Dollar retreats after hitting its one-year high
Rising jobless claims in the U.S. sparked selloffs in the dollar market. On the other hand, Bitcoin held onto its intraday gains.
Fed’s Powell has no intent to ban Bitcoin or crypto
Powell testified before the House Financial Services Committee on Thursday on matters related to the economy and the Covid-19 pandemic.
Fed Chair Says US Inflation ‘More Enduring Than Anticipated’ — Strategist Predicts 10% Market Correction
Americans are not only worried about future inflation, but they are also dealing with dwindling purchasing power in real-time. Meanwhile, on Thursday, Federal Reserve chairman Jerome Powell plans to address…
Digital dollar advocate will retire as Dallas Fed president
At a November 2020 virtual conference, Rob Kaplan said "it is critical that the Fed focuses on developing a digital currency in the coming months and years."
Federal Reserve Soon to Release Report on CBDC Launch, Says Jerome Powell
Jerome Powell – the active chair of the Federal Reserve – says they have begun studying whether to launch their own digital currency and will soon be releasing a paper…
Crypto markets soar after Fed commits to printing and Evergrande plans to pay its debt
The crypto market staged a roaring comeback after Evergrande makes a deal to pay its debts and the Fed signals a continuation of its current monetary policy.
Fed’s Powell Scrutinized for Owning Bonds of the Same Type the Central Bank Bought During Pandemic
As a number of Federal Reserve presidents have been criticized for their 2020 stock moves, Fed chairman Jerome Powell has been cast into the limelight for owning $1.5 million municipal…
Bitcoin jumps toward $49K amid fears 5%-plus inflation is here to stay
The rush to so-called safe-haven cryptocurrency appears despite concerns that the Federal Reserve would taper its $120 billion a month asset purchasing program.