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Even the New York Fed Doesn’t Know the Meaning of Fiat Money
There are many labels one could attribute to Bitcoin and other cryptocurrencies. A recent statement by the New York Fed, however, has the crypto community up in arms. Governments and regulators are often criticized for not understanding cryptocurrencies. дальше »
2020-6-22 00:00 | |
Financial Bazookas Revealed – Market Strategists Believe the Fed Will Purchase Stocks Soon
Bitcoin and cryptocurrencies may be the only free-market assets left not manipulated by central banks like the U. S. Federal Reserve. Since the covid-19 outbreak, the Fed has unleashed a massive arsenal of monetary weapons to combat the effects on the economy. дальше »
2020-4-1 03:05 | |
Ethereum Bulls Are Eyeing Further Recovery Based On These Strong Fundamentals
As cryptocurrencies stage an epic comeback following Fed’s announcement about its sweeping commitment to unlimited quantitative easing, ethereum is roaring back to life. On-chain metrics suggest that investors believe in the long-term potential of ETH and this is super bullish for the ethereum prices. дальше »
2020-3-25 16:12 | |
Fed Chairman Comes out in Favor of Private Cryptocurrency Transactions
In a reversal of previous policy, Fed Chairman Jerome Powell has come out in favor of anonymous cryptocurrencies in his recent comments to the House of Representatives Committee on Financial Services. дальше »
2020-2-12 22:58 | |
Facebook’s Active-User Network, A Third of Global Population, Sets Libra Apart From Others: Fed
The Governor Lael Brainard, of the US Federal Reserve on Wednesday stated Facebook’s digital currency project Libra faces a “core set of legal and regulatory challenges.” Social media giant’s stablecoin that is linked to fiat money and other sound assets to mitigate fluctuations in the price of cryptocurrencies like Bitcoin, remains unproven with a vague […] дальше »
2019-12-18 21:12 | |
Dallas Fed Reserve President Weighs In On Releasing A Digital Currency As A Hedge For Dollar Value
Rob Kaplan, President of the Fed Reserve in Dallas, and a former executive at Goldman Sachs is the latest to come out in support of digital currency. This comes at a time when regulators are keenly looking into how cryptocurrencies like Bitcoin and Libra might disrupt the financial systems. While speaking at an event in […] дальше »
2019-10-17 18:43 | |
Crypto Market Recovers While Monero Rockets, As Fed Considers Digital Dollar
Cryptocurrencies are recovering somewhat today, as we alluded to yesterday. While Bitcoin is still weak at slightly above $8,000, the altcoin thawing continues with a few outliers leading the way. дальше »
2019-10-17 18:37 | |
How Central Bankers Accidentally Printed Cryptocurrencies Against Themselves
The United States Federal Reserve this week said that it will start growing its balance sheet again in response to the rough couple of weeks that the overnight lending markets have experienced in September. дальше »
2019-10-11 00:35 | |
Can Bitcoin (BTC) Still Plunge Below $6,000 In 2019?
Following the testimony of the US Federal Reserve Chairman regarding Cryptocurrencies and those of the St. Louis Fed President, Bitcoin prices have started slipping again from its year to date high of $13,387. дальше »
2019-7-25 13:54 | |
This Time It’s Chrissy Teigen Who Doesn’t Understand Bitcoin, Crypto Community Comes to Help
Bitcoin fever is spreading Lately, Bitcoin is getting a lot of attention and advertisement from mainstream media, top authorities, and the sports and entertainment industry. After US President Donal Trump’s remarks on Bitcoin and cryptocurrencies and the Fed Chairman characterizing Bitcoin as a “store of value” like gold, Chrissy Teigen, a model, and author has […] дальше »
2019-7-14 18:39 | |
Bitcoin is too big to fail now; Trump and Fed Chair’s acknowledgement proves its growing significance
It is slowly becoming an impossible year to keep your eyes off from. Not only has Bitcoin and its family of cryptocurrencies outperformed most traditional stocks and assets, but today everyone from a small-time trader to the President of the United States, is tweeting about the digital asset. дальше »
2019-7-13 18:00 | |
Bitcoin Is A “Store of Value” Like Gold: The US Federal Reserve Chairman
Yesterday has been quite a historic day for the bitcoin and cryptocurrencies as the Fed and President of the US both talked about digital currencies. The Validation Of The Highest Order While answering questions before the Banking Senate Committee on Thursday, Jerome Powell was asked if a cryptocurrency system became prevalent throughout the globe, would […] дальше »
2019-7-12 16:01 | |
Fed Chairman Powell: Bitcoin Is A Store of Value Like Gold
Cryptocurrencies took the center stage again during Federal Reserve Chairman Jerome Powell’s second day of testimony before the U. S. Senate. Today, lawmakers expressed their concerns about the threat that bitcoin and other cryptocurrencies pose to the financial system, including the possible challenge of bitcoin replacing the U. дальше »
2019-7-12 01:02 | |
Fed Chair Jerome Powell Talks About Facebook’s Crypto Project During A Press Conference
Jerome Powell said the monetary policy shouldn’t be affected by Cryptocurrencies Libra will be strictly regulated by agencies and governments all around the world The Chairman of the Federal Reserve of the United States Jerome Powell talked with the reporters about Facebook’s recently launched Libra. As reported by The Block, the central bank of the […] дальше »
2019-6-20 03:54 | |
India’s Supreme Court Gives Gov Ultimatum, Publish Crypto Policy or Else
India’s supreme court is finally fed up with the government dragging its foot over a much anticipated policy decision on cryptocurrencies. According to an India based lawyer, the supreme court. дальше »
2019-2-25 15:53 | |
New York Fed: Cryptocurrency Won’t Challenge Dollar in Near Or Mid-Term
Cryptocurrencies are “unlikely” to become an international monetary phenomenon in the coming years, the Federal Reserve Bank of New York has claimed. ‘Unlikely To Meet Criteria’ In a research piece on US dollar supremacy published February 11, the NY Fed argued that despite the appearance of cryptocurrency in mainstream society, only its long-term perspectives could include significant usage. дальше »
2019-2-13 18:00 | |
US Federal Reserve Branch of St. Louis Says Altcoin Market is Slowing Bitcoin’s Price Increase
According to the St. Louis Fed, altcoins are harming Bitcoin’s price and its market dominance. In a recent report released by David Andolfatto and Andrew Spewak, they mention that altcoins could harm Bitcoin’s future growth. дальше »
2019-1-13 22:31 | |
U.S. Federal Reserve Doesn’t Like the Idea of a Government Cryptocurrency
The Federal Reserve Board governor is still not fond of the idea of central bank digital currencies, despite the fact that the reserve is equipped to issue one. The Fed Says No to CBDCs It’s been a year since bitcoin’s price exploded and launched cryptocurrencies into the mainstream, which pushed many to believe that the […] The post U. дальше »
2018-12-30 14:20 | |
Say No More About FedCoin, US Federal Reserve Has No Interest in National Crypto Anymore
The Federal Reserve of the United States, known commonly as Fed, has lost its interest in the idea of national cryptocurrencies. With the value of Bitcoin skyrocketing last year, blockchain seemed like the future, but it was actually a lot more hype than anything else, so now the Fed is abandoning the idea of the […] дальше »
2018-12-29 09:46 | |
Former Congressman Ron Paul Accuses U.S. Fed of Manipulation; Urges Cryptocurrency Detaxation
Former presidential candidate Ron Paul published an article titled “Trump Is Right, the Fed Is Crazy” in November 2018, pointing out for the immediate detaxation of cryptocurrencies and precious metals in the United States. дальше »
2018-12-10 14:00 | |
Roger Ver And Brian Armstrong Chip In On How To Feed Chickens Using Bitcoin Cash (BCH)
How To Feed Chickens Using Bitcoin Cash Coinbase co-founder, Brian Armstrong, recently caused a stir on Twitter when he posted that he fed chickens using cryptocurrencies. Indeed, a recent live stream aired on Twitch demonstrated how Bitcoin Cash users can feed chicken using zero-confirmation transactions. So far, the video has had over 11,000 views. This […] дальше »
2018-11-7 02:46 | |
The Fed’s Looming Interest Rate Hike Could Hit Cryptocurrencies Hard
A rising interest rate environment courtesy of the Federal Reserve could hit deflationary cryptocurrencies hard, according to Robert Leshner, who spoke to Fortune about why he started a company called Compound. дальше »
2018-11-5 21:00 | |
Former Fed Chair Janet Yellen Rejects Donald Trump’s Trade Policy, Criticizes Bitcoin
US stock markets have landed in hot waters. October 2018 has witnessed the worst stock market performance since 1987. While some crypto pundits claim that the bad performance of stocks could lead to the eventual rise of cryptocurrencies, the former chair of the US Federal Reserve Janet Yellen thinks otherwise. дальше »
2018-11-1 20:29 | |
Tax on Crypto Is a Self Goal; President Trump Is Right to Call the FED Crazy: Ron Paul
Former U. S. Presidential candidate Ron Paul has published an article advising against taxation on cryptocurrencies and precious metals in order to avoid a looming financial crisis. Paul is hard-hitting in his article and goes as far as calling the US Federal Reserve’s recent increase in interest rates a “crazy” idea. дальше »
2018-10-31 19:59 | |
Ron Paul Advocates for Cryptocurrencies to be Tax-Free While Criticizing US Fed
Ron Paul, the Austrian School economist and notable Libertarian who served as a US Representative for over ten years, is now advocating for a tax exemption on cryptocurrencies. He also noted that the issuance of a government-backed digital currency, as opposed to private or decentralized ones, could lead to a “Fed-created recession. дальше »
2018-10-31 07:00 | |
Ron Paul Admonishes Fed, Comes out Against Crypto Taxes in New Blog Post
Former US Congressman Ron Paul believes that tax-free cryptocurrencies may help navigate the economy past recession. Paul, the consummate libertarian and eternal critic of the Federal Reserve, believes that the abolition of crypto taxes may help avoid a crisis similar to 2008’s recession. дальше »
2018-10-31 04:00 | |
Bitcoin and Other Cryptocurrencies Not Significant Threats – Says US Federal Reserve Chairman
While a good number of central banks see bitcoin and other cryptocurrencies as significant threats to their survival, the United States Federal Reserve Chairman, Jerome Powell, said on July 18, 2018, that the exponential growth in the price of bitcoin and the increasing adoption of cryptos doesn’t bother him. дальше »
2018-7-21 13:00 | |
US Fed Reserve Chair Bashes Crypto’s Money Properties, Says “Not Really a Currency”
Jerome Powell Claims Bitcoin is Not a Real Currency and Has No Intrinsic Value The head of the United States Federal Reserve issued a warning to Congress earlier today regarding cryptocurrencies. Federal Reserve chair Jerome Powell, who took the position in February, said on Capitol Hill that bitcoin and other cryptocurrencies are dangerous to “unsophisticated […] дальше »
2018-7-21 00:41 | |
New Fed Chairman Dismisses Crypto As No “Significant Risk” To The Current Financial System
Head of the Federal Reserve, Jerome Powell on Wednesday in responding to a US federal Committee said that cryptocurrencies did not pose a “significant risk” to the stability of the current financial system. дальше »
2018-7-20 10:06 | |
Fed Chairman Jerome Powell Warns Against Cryptocurrencies Yet Again
According to CNBC, US central bank’s chair Jerome Powell has asked investors to be cautious while investing in cryptocurrencies. Speaking to the members of the Congress on Wednesday, he warned people about serious risks they could get exposed to if they invest in digital currencies. дальше »
2018-7-19 18:24 | |
Fed Does Not Have Jurisdiction or Regulatory Authority Over Cryptocurrencies Says Chairman Powell
Jerome Powell, the current Chairman of the Federal Reserve, has stated cryptocurrencies come up a lot at G7 and other international forums, but the Fed doesn’t have any authority over it. . . дальше »
2018-7-19 18:17 | |
Fed Sir: Crypto No Intrins Value, Value is not a store, great for money laundering
In his view, cryptocurrencies have no intrinsic value, are not used often as a means of payment, are not a store of value, but are great for money laundering. He also dismisses the idea that cryptocurrencies could pose a significant risk to the country’s financial stability at their current size. U.S. Representative and vice-chairman of дальше »
2018-7-19 17:07 | |
Fed Governor’s Crypto Testimony Reveals US Central Bank Has No Plans For Regulation
Jerome Powell, chairman of the U. S. Federal Reserve, raised concerns about cryptocurrencies on Wednesday, saying they present serious risks to investors. During his testimony before the House Committee on Financial Services,Powell was asked for his opinion on cryptocurrencies and he had few kind words for the sector. дальше »
2018-7-19 15:00 | |
Fed Chair: Crypto Has No Intrinsic Value, Not a Store of Value, Great for Money Laundering
The Federal Reserve’s new chairman made his stance on cryptocurrency clear to the US House of Representatives on Wednesday. In his view, cryptocurrencies have no intrinsic value, are not used often as a means of payment, are not a store of value, but are great for money laundering. дальше »
2018-7-19 14:05 | |
US Fed Chairman Maintains Cryptos Don’t Have Intrinsic Value
On Wednesday morning, the U. S. Congress held a hearing regarding cryptocurrencies, hearing mixed opinions from regulators and representatives of the U. S. government. Federal Reserve Chairman: Cryptos Aren’t A Store of Value Or A Payment Tool Jerome Powell, the chairman of the U. дальше »
2018-7-19 10:30 | |
According to the Fed Chairperson, Money Laundering Benefits Greatly from Cryptocurrencies.
Jerome Powell, chairman of the U. S. Federal Reserve, had some harsh words for cryptocurrencies during an appearance before the U. S. Congress. “They are very challenging because cryptocurrencies are great if you’re trying to hide or launder money, we have to be very conscious of that,” he said. дальше »
2018-7-19 01:09 | |
Fed Chair: Cryptocurrencies Are 'Great' For Money Laundering
Federal Reserve Chairman Jerome Powell criticized cryptocurrencies during a hearing on Capitol Hill. дальше »
2018-7-19 22:20 | |
Gun Industry’s Concerns Over Access to Financial Services Create Opportunities for Bitcoin
Finding new use cases for Bitcoin and other cryptocurrencies has not been easy or straightforward. It now seems a new potential use case is on the horizon, as the gun industry is getting fed up with bankers’ attitudes. дальше »
2018-6-26 16:00 | |
St. Louis Fed Now Tracking Prices of 4 Prominent Cryptos
Federal Reserve Bank of St. Louis has included prices of four top cryptocurrencies in its research database. The Feds announced the move on Tuesday, indicating that the Federal Reserve Economic Data (FRED) will now include price data of Bitcoin, Bitcoin Cash, Ethereum and Litecoin, provided by Coinbase. дальше »
2018-6-21 20:59 | |