2018-7-19 22:20 |
Federal Reserve Chairman Jerome Powell criticized cryptocurrencies during a hearing on Capitol Hill.
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The Justice Department alleges that the Russian intelligence officers who were indicted today in the Mueller investigation used cryptocurrencies like Bitcoin to purchase and fund their hacking operations.
2018-7-14 02:11 | |
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The latest report from Imperial College London shows cryptocurrencies are poised to be used as a mainstream financial payment method. In the past, many researchers have criticized regarding the long-term potential of virtual digital currencies, but this time it’s the other way round.
2018-7-10 10:22 | |
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The downtrend in inflation has stalled so far this year, putting in doubt the odds for any Fed rate cuts in 2024.
Bitcoin was one of the cryptocurrencies that reacted to Federal Reserve Chairman Jerome Powell’s remarks during a panel discussion on Tuesday. Powell reiterated the central bank’s commitment to maintaining a restrained monetary policy, despite encouraging economic indicators.
In testimony before the Senate Banking Committee, Federal Reserve Chair Jerome Powell stated the Federal Reserve is nowhere near making a recommendation or adopting a CBDC.
Powell also said a CBDC would need Congress' approval before the Federal Reserve will act.
Bitcoin may witness a “very dovish” move from Powell as high U.S. bond yields cause a stir, while BTC’s price passes $28,600.
Anticipation builds in both the traditional financial as well as Bitcoin and crypto sectors as the Federal Reserve’s FOMC rate decision looms this Wednesday at 2:00 pm ET. Federal Reserve Chair Jerome Powell will address the public, shedding light on the decision, 30 minutes post-announcement.
In a few hours, the Bitcoin and financial community will be glued to their screens as Fed Chair Jerome Powell addresses the Jackson Hole symposium at 10:05 am EST. His remarks are anticipated to sway not just traditional markets like stocks and commodities, but also the volatile realms of Bitcoin and crypto. The backdrop for […]