CBDC Alternative FedNow to Launch Next Summer
The U.S. Federal Reserve says that it will introduce its instant payments service, FedNow, by next summer. FedNow Set to Launch Next Year The Federal Reserve is getting ready to...
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ECB President Christine Lagarde Blames Climate Change for Europe’s Torrid Inflation
According to the French politician currently serving as the president of the European Central Bank (ECB), Christine Lagarde, Europe’s scorching hot inflation can be blamed on climate change. During her…
Market Strategist Expects Stock Market to Drop 50% From Here, Says There’s ‘Going to Be No Middle Class Left’
Following Jerome Powell’s hawkish commentary at the annual Jackson Hole Economic Symposium, major stock indexes, cryptocurrencies, and precious metals slid significantly in value. Over $240 billion was erased from the…
Powell Says Fed’s Battle With Inflation Will Bring ‘Some Pain,’ After Insisting Last Year Elevated Inflation Is ‘Likely to Prove Temporary’
On Friday, Jerome Powell spoke at the annual Jackson Hole Economic Symposium and the Federal Reserve chair explained that the U.S. central bank is focused on fighting the country’s red-hot…
Bitcoin price briefly loses $20K on ‘bunch of nothing’ Powell speech
Bitcoin could well sink below the $20,000 mark again, traders warn, with price targets now as low as $16,000.
Into the Night: Markets Tremble as Powell Warns of “Pain” Ahead
Federal Reserve Chair Jerome Powell delivered an address this morning at the central banks annual Jackson Hole meeting in which he warned of tightening policies for some time. Risk markets...
Bitcoin Volatility Amplifies as Fed Chair Speaks at Jackson Hole
Federal Reserve chairman Jerome Powell spoke about FOMC’s future goals at the annual Jackson Hole symposium on Friday. He said that FOMC’s overarching directive remains to bring inflation back down…
Jerome Powell Speech, Merge Updates, and Bitcoin’s Choppy Price Action: The Week’s Crypto Recap
The past seven days were relatively unproductive in the cryptocurrency markets – at least in terms of price development, but this doesn’t mean there wasn’t volatility. The total capitalization seems…
Why September is shaping up to be a potentially ugly month for Bitcoin price
Bitcoin has closed its previous five months of September in losses and could suffer similar pains if history repeats.
Wen moon? Probably not soon: Why Bitcoin traders should make friends with the trend
Recurring bear flags and the Fed’s telegraphed monetary policy are painting a roadmap for BTC’s future price action.
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