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Bitcoin, Gold record growth, but only one didn't need the Fed
The performance of the crypto-market has taken a turn for the better, with many coins now recovering their losses. The same was not evident in the stock market, however. In the case of Gold too, the tThe post Bitcoin, Gold record growth, but only one didn't need the Fed appeared first on AMBCrypto. дальше »
2020-3-26 01:30 | |
Market Is Already Pricing In Another Fed Rate Cut, Should You Be Long On Gold, Bitcoin?
The fear of a global recession triggered by coronavirus has sent stocks plunging yet again with the Dow Jones down 2.3%, the S&P 500 losing 3%, and Nasdaq sliding by 3.3%. However, according to Deutsche Bank, there is no rest for the exhausted investors as today the bank released a grim analysis where it states […] дальше »
2020-3-7 23:52 | |
Coronavirus Prompts Fed to Slash Interest Rate – Stocks Slide, Gold Spikes, Bitcoin Uncertainty
The U. S. Federal Reserve slashed interest rates by 50 bps on Tuesday citing concerns about the coronavirus outbreak against the bleak economy. The last time the central bank slashed rates by leveraging an “emergency rate shift” by half a percentage point was after Lehman Brothers filed for bankruptcy in 2008. дальше »
2020-3-4 16:20 | |
Gold Price Hits 7-Year High as Fed Scrambles to Curb Rate-Cut Mania
Gold is outshining other financial assets on Thursday. The yellow metal rose for a sixth consecutive day en route to fresh seven-year highs. The post Gold Price Hits 7-Year High as Fed Scrambles to Curb Rate-Cut Mania appeared first on CCN.com дальше »
2020-2-21 23:29 | |
Gold Price Desperately Clings to $1,450 Ahead of Fed’s Powell Testimony
Gold futures fell on Monday to their lowest levels since early August. The loss comes despite a mixed session for stocks and a declining U. S. dollar. Federal Reserve Chairman Jerome Powell will testify before Congress on Wednesday and Thursday. дальше »
2019-11-12 22:53 | |
Bitcoin Hater Peter Schiff Is the Gold Bug Who Cried Wolf
Peter Schiff is once again making apocalyptic bitcoin price predictions. This isn’t the first time the famous gold bug has sounded the alarm on the crypto market. Are crypto investors right to treat him like the boy who cried wolf? Peter Schiff has remained active on Twitter lately, chiming in on the Fed’s ballooning balance […] The post Bitcoin Hater Peter Schiff Is the Gold Bug Who Cried Wolf appeared first on CCN.com дальше »
2019-11-10 02:00 | |
Gold Price Plunges 3% as Fed’s Repo Operation Ignites Dollar-Shortage Fears
The price of gold was under pressure Friday, extending a weeklong slump that saw the U. S. dollar rise to multi-year highs against a basket of currencies. Gold Tumbles; Silver Follows Futures on December gold delivery reached a session low of $1,493. дальше »
2019-9-28 00:00 | |
Gold Price Desperately Clings to $1,500 as Divisive Fed Decision Looms
After a sharp rally at the start of the week, the price of gold drifted lower on Tuesday, as risk-off traders shifted their focus to an upcoming meeting of the Federal Reserve. Gold, Silver Drift Lower Precious metals were down across the board, giving back some of Monday’s blistering gains. дальше »
2019-9-18 15:11 | |
Trump’s Call to “Bonehead” Fed to Cut Rates Is Tantamount to Shilling Bitcoin and Gold
In a desperate attempt to salvage the failing U. S. economy, President Donald Trump has urged the Federal Reserve to slash interest rates once again; something which could help see the price of assets such as gold and bitcoin proliferate. дальше »
2019-9-13 15:53 | |
Cryptocurrency is Part of the Global Currency War, Says Federal Reserve Branch Head
Cryptocurrency has found itself on the center stage of the global political sphere over the past several weeks, which first began when Fed Chair Jerome Powell compared Bitcoin to gold. Shortly after this, US President Donald Trump shared his thoughts on BTC, which sparked what appears to be a regulatory crackdown on the nascent markets. дальше »
2019-7-20 03:00 | |
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 | |
Trump’s Fed Pick Isn’t Just a Gold Bug – She’s Also a Crypto Bull
White House economic adviser Judy Shelton made headlines last week after President Donald Trump nominated her to the Federal Reserve Board of Governors. The mainstream press and finance industry were surprised to learn Trump’s Fed pick is a “gold bug. дальше »
2019-7-14 00:15 | |
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 Jerome Powell Compares Bitcoin to Gold
Coinspeaker FED Chairman Jerome Powell Compares Bitcoin to GoldJust recently, during his testimony before the Senate Banking Committee, FED Chairman Jerome Powell looked into the Facebook's Libra cryptocurrency, compared Bitcoin to Gold, saying that it's an alternative to the asset.FED Chairman Jerome Powell Compares Bitcoin to Gold дальше »
2019-7-12 11:38 | |
Fed Chairman Jerome Powell Compares Bitcoin to Gold
Powell compared bitcoin to gold, referring to them both as speculative stores of value. дальше »
2019-7-12 01:30 | |
Fed Chair Suggests Bitcoin Is Gold's Biggest Competition
In a remarkable admission during his testimony to Congress, Federal Reserve Chair Jerome Powell admitted that bitcoin is used as an alternative to gold, conceding that BTC is a store of value. He said before the Senate: "Really, almost no one uses bitcoin for payment, they use it more as an alternative to gold really. дальше »
2019-7-12 01:20 | |
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 | |
Gold Beats Bitcoin as Fed Chair Powell Finalizes Dovish Pivot
Monetary policy may or may not have a direct impact on bitcoin, but the US Federal Reserve's dovish pivot is helping gold regain a bit of shine from its digital counterpart. The precious metal popped to its weekly high today, extending gains from the previous session after Federal Reserve Chairman Jerome Powell appeared to set […] The post Gold Beats Bitcoin as Fed Chair Powell Finalizes Dovish Pivot appeared first on CCN Markets дальше »
2019-7-12 21:02 | |
Bitcoin's Use Case for Payments Strengthens with Lightning-Powered App
Fed Chairman Jerome Powell believes that bitcoin's primary use case is as a store of value, not payments. He said yesterday, "almost no one uses bitcoin for payments. " That could be about to change. дальше »
2019-7-12 21:00 | |
Trump’s Economy Makes Michael Novogratz ‘More Bullish’ on Bitcoin
By CCN: Go right ahead lefties with your monetary policies. You’re rallying crypto bulls. And you right leaners who are calling for lower interest rates are as good as gold for crypto, too. That’s the message from former hedge fund manager Michael Novogratz. дальше »
2019-5-5 01:00 | |
Why Many Believe Fed Rate and Dow Jones Rebound Could Fuel Bitcoin in Long-Term
Just like common Joes and Jills, politicians, economists, and bigwigs in the upper echelons of society are subject to whims. This was only accentuated on Wednesday, as the world’s most powerful economic body revealed that it would be taking a step in a new direction, pushing gold and stocks much higher. дальше »
2019-1-31 17:00 | |
The Fed is Following the Market – Will Gold Respond Again?
This week on Wednesday (06/13/2018), the Federal Reserve will gather for its once-per-six-week meeting on monetary and interest rate policy in the United States. We have demonstrated how since the first interest rate hike of the present cycle in December 2015, five out of six rate hikes have corresponded nearly-perfectly with significant price lows for […] дальше »
2018-6-13 21:10 | |