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Fed Chairman Powell Sees Bitcoin As A Substitute For Gold Rather Than The U.S. Dollar
Chairman of the Federal Reserve, Jerome Powell, on Monday reaffirmed his belief that the world’s oldest cryptocurrency is a gold substitute but it is too volatile and is “backed by nothing” for it to replace the U. дальше »
2021-3-24 18:20 | |
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Bitcoin is much closer to gold than to dollar, says Jerome Powell
While Bitcoin and other cryptocurrencies are “not backed by anything,” they are still capable of serving as a “substitute for gold,” Jerome Powell, chairman of the United States Federal Reserve, stated today. дальше »
2021-3-23 03:00 | |
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Fed Chairman Not Interested in Crypto, But Calls Them Substitute To Gold
Federal Reserve Chair Jerome Powell has voiced his opinions related to the cryptocurrency market. Powell speaking at a virtual panel discussion on digital banking, admitted that cryptocurrency was not the U. дальше »
2021-3-23 23:05 | |
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Fed Chairman Jerome Powell Says Bitcoin Is a Substitute for Gold
Federal Reserve Chairman Jerome Powell sees cryptocurrency as a substitute for gold, rather than the dollar. However, he cautioned that crypto assets, including bitcoin, are highly volatile and not useful as a store of value. дальше »
2021-3-23 22:30 | |
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Why FED Chairman thinks Bitcoin is a substitute for gold
In the Bank of International Settlements Innovation Summit, the U.S. Federal Reserve Chairman Jerome Powell referred to cryptocurrencies and their position next to the dollar. For Powell, assets such as Bitcoin present very high fluctuations in their price and have no “underlying valued”, a position familiar to the official: Crypto assets are highly volatile — […] дальше »
2021-3-23 21:54 | |
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CBDCs to coexist with cash payments, according to FED Chairman Powell
The Committee on Payments and Market Infrastructures conference was held in Basel, Switzerland. One of the main guests was the Chairman of the U.S. Federal Reserve, Jerome Powell. Referring to a report created by the institution he chairs and other banking institutions, Powell said: A recent report from the Bank for International Settlements (BIS) and […] дальше »
2021-3-19 22:00 | |
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CBDCs won’t entirely replace cash if the US Fed gets its way
The U.S. does not want cash to go extinct in the presence of a CBDC, according to the Fed’s chairman.
дальше »2021-3-19 23:57 | |
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Federal Reserve Chairman Jerome Powell Gives Risky Assets The Green Light to Continue Higher
For Bitcoin, Investment activity isn’t overheated either though a sell-off in traditional markets would weigh heavier on crypto assets, nonetheless. The post Federal Reserve Chairman Jerome Powell Gives Risky Assets The Green Light to Continue Higher first appeared on BitcoinExchangeGuide. дальше »
2021-3-18 16:37 | |
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Will Warren Buffett and Jamie Dimon buy Bitcoin at $250k? Pompliano strongly believes so
Jamie Dimon, Chairman & CEO of JPMorgan Chase, and Warren Buffett, an American investor, and business tycoon are two Billionaires whose convictions about Bitcoin are largely bearish. The two men, whose knowledge of finance has contributed greatly to their wealth, have asserted that Bitcoin is not poised to remain in use for the long term. […] дальше »
2021-3-18 14:02 | |
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Dutch Political Candidate Puts up ‘Bitcoin Is the Future’ Billboards With Laser Eyes
Billboards saying “Bitcoin is the future,” featuring laser eyes, can now be seen in the Netherlands. They are part of an election campaign for Robert Valentine, the chairman of the Dutch Libertarian Party and candidate for the upcoming parliamentary election. дальше »
2021-3-17 22:05 | |
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Bitcoin: Get Ready to Take Cover if FOMC Meeting Misses the Mark
Market sentiments are in Bitcoin’s favor as on-chain data signals an influx of retail and with stimulus checks coming in, as long as Fed Chairman Jerome Powell doesn’t pull the rug on equities. The post Bitcoin: Get Ready to Take Cover if FOMC Meeting Misses the Mark first appeared on BitcoinExchangeGuide. дальше »
2021-3-17 21:35 | |
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Ripple Executives Move To Quash SEC’s Probe Into Their Personal Financial Statements
Two senior executives at blockchain technology company Ripple are seeking to throw out the United States Securities and Exchange Commission’s (SEC) request to access their personal bank statements. On March 11, Ripple CEO Brad Garlinghouse and executive chairman Chris Larsen sent a letter to the New York judge Sarah Netburn asking her to block SEC’s […] дальше »
2021-3-13 20:22 | |
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George Ball Says Crypto Is Effective Hedge Against Currency Debasement as US Passes $1.9 Trillion Stimulus Bill
The chairman of investment firm Sanders Morris Harris, George Ball, says cryptocurrencies are an effective hedge against currency debasement. In addition, he says that cryptocurrencies are attractive as a small part of portfolios. дальше »
2021-3-8 03:30 | |
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SEC files motion to dismiss XRP holders’ petition
United States Securities and Exchange Commission and former Acting Chairman Elad Roisman have filed a motion to dismiss a petition filed by XRP investors who seek to amend SEC’s complaint against RiThe post SEC files motion to dismiss XRP holders’ petition appeared first on AMBCrypto. дальше »
2021-3-6 23:35 | |
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‘The Fed Is Trapped’- Erratic Bond Markets, Exhausted Supplies, Analyst Says Tsunami of Treasury Issuances Underway
The U.S. Federal Reserve is in a predicament as fiscal deficits erode the American economy and the nation is seeing a spike in benchmark 10-year Treasury yields. Meanwhile, Federal Reserve Chairman Jerome Powell expressed zero worries about inflation during an interview at a Wall Street Journal Jobs Summit on Thursday. Powell didn’t explain when the […] дальше »
2021-3-6 17:39 | |
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Former CFTC Chairman, Giancarlo & Billionaire Lasry Invest in Crypto Asset Manager, BlockTower
Bitcoin-enthusiast and billionaire, Gary Lasry and Christopher Giancarlo, the former Commodities and Futures Trading Commission (CFTC) chairman, are reportedly making an undisclosed investment in cryptocurrency and blockchain investment firm, BlockTower. дальше »
2021-3-4 19:30 | |
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Biden’s SEC Chair Pick Gary Gensler Reveals Policies on Bitcoin and Crypto Regulation
Gary Gensler, President Joe Biden’s pick to lead the U. S. Securities and Exchange Commission (SEC), has revealed his policies on bitcoin and other cryptocurrencies if confirmed as the SEC chairman. дальше »
2021-3-4 19:05 | |
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Berkshire Hathaway’s Charlie Munger Advises Investors to Never Buy Bitcoin or Gold
Berkshire Hathaway’s vice chairman and Warren Buffett’s long-time business partner, Charlie Munger, has advised investors not to buy bitcoin or gold. He believes the cryptocurrency is too volatile to serve well as a medium of exchange. дальше »
2021-2-26 05:05 | |
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US Fed Chairman Jerome Powell Hinges Digital Dollar’s Fate on Lawmakers
Jerome Powell, the U. S. Federal Reserve Chairman, has hinted that the Fed is eyeing a digital dollar, an initiative that will see the apex bank control digital assets. According to the Federal Reserve chief, in the course of the year (2021), members of the public and lawmakers will likely debate the project. дальше »
2021-2-26 19:10 | |
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Fed Is Investing ‘Time and Labor’ As A Digital Dollar is ‘High Priority’ says Chairman Powell
The Federal Reserve is also “committed” to solving the tech problems. Treasury Secretary, unlike her predecessor, also says it “makes sense for central banks to be looking at.” The post Fed Is Investing ‘Time and Labor’ As A Digital Dollar is ‘High Priority’ says Chairman Powell first appeared on BitcoinExchangeGuide. дальше »
2021-2-25 20:20 | |
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The Fed Is Carefully Examining Digital Dollar — Chairman Jerome Powell Says ‘Very High Priority Project for Us’
Federal Reserve Chairman Jerome Powell has provided an update on the progress of a digital dollar. He confirmed that it is a “very high priority project” for the Fed, and agrees with U. S. дальше »
2021-2-25 19:30 | |
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Amidst XRP Woes, Are Ripple Execs Continuing to Dump Coins?
To compound the problems, Executive Chairman Chris Larsen or other Ripple execs may have been moving at least 20 million XRP in the last day to exchanges. This equates to over $10 million. However, this isn’t exactly a new phenomenon. дальше »
2021-2-18 22:00 | |
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Only Invest in Bitcoin if You are “Very Wealthy,” Says Former FDIC Chairman
As Bitcoin moves close to $50,000, hitting a new ATH at $49,000 on Thursday, new detractors keep rearing their skeptic heads, advising people to not invest in the digital currency, which has surged nearly 12x from its March low. дальше »
2021-2-12 19:50 | |
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NYDIG’s Order Book Likely To Secure $20 Billion In Bitcoin From Institutional Investors This Year
The chairman of the New York Digital Investment Group (NYDIG) Ross Stevens has revealed very bullishly, that institutional investors are no longer just riding the bullish boat; they are dominating the entire sea. дальше »
2021-2-6 15:06 | |
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NYDIG Sees Institutional Order Books Pushing BTC Holdings to $25B by Year-End
This week, Ross Stevens, the founder and chairman of NYDIG, made an appearance at the MicroStrategy World Conference 2021. In his session, the executive explained that the crypto investment company could be sitting on $25 billion in assets under management (AUM) by year's end. дальше »
2021-2-4 18:25 | |
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6th Global Blockchain Congress by Agora Group on February 9th in Dubai
The 6th edition of the world-renowned flagship Global Blockchain Congress by Agora Group I staking place on February 9 and 10, 2021 in Dubai. The conference boasts an amazing line up of speakers including Keynote Addresses by His Excellency Hussain Mohammed Al Mahmoudi, CEO of Sharjah Research, Technology, and Innovation Park (SRTIP)- Deputy chairman of … Continued The post 6th Global Blockchain Congress by Agora Group on February 9th in Dubai appeared first on BeInCrypto. дальше »
2021-2-4 11:57 | |
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“Bitcoin is Not a Currency,” says Michael Saylor to Forbes Chairman; Declaring BTC Not an Alternative to the Dollar
Besides being “steak one day, dog food the next, and caviar the day after,” Steve Forbes says Bitcoin’s limited supply makes it not fit to be money. The post “Bitcoin is Not a Currency,” says Michael Saylor to Forbes Chairman; Declaring BTC Not an Alternative to the Dollar first appeared on BitcoinExchangeGuide. дальше »
2021-2-4 18:34 | |
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Peter Schiff says govt should not regulate Bitcoin; criticizes Elon Musk
Peter Schiff, chairman of Schiffgold and long-time Bitcoin critic thinks that US government should not regulate Bitcoin. In his latest tweet, Schiff also stated that he was not against people buying oThe post Peter Schiff says govt should not regulate Bitcoin; criticizes Elon Musk appeared first on AMBCrypto. дальше »
2021-2-2 23:30 | |
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Visa CEO Says Payments Giant Set to Introduce Cryptocurrency Trading on Its Network
Payments giant Visa Inc’s CEO Alfred Kelly has revealed his firm’s plans to enable cryptocurrencies trading on its network. Kelly, who is also chairman of the firm, explains that there is no reason not to add cryptos when these are increasingly becoming “a recognized means of exchange. дальше »
2021-1-31 16:30 | |
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Should you buy Dogecoin now? DOGE surges 900%
Dogecoin is in the centre of attention of the financial and crypto sectors as the r/WallStreetBets subreddit started pouring money into it. All it took was a few questions about the cryptocurrency coming from the “Chairman of WallStreetBets” to push DOGE into a skyrocket that ultimately pushed its price up close to 900%. дальше »
2021-1-30 17:38 | |
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Dogecoin skyrockets as r/WallStreetBets subreddit steps in
Dogecoin had quite an interesting day as its price pumped and dumped after the “Chairman of WallStreetBets” subreddit started asking about it. This triggered a large portion of the community to step into the DOGE market and try to do the same as with GameStop. дальше »
2021-1-28 16:32 | |
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How Janet Yellen’s Position As Treasury Secretary Will Shape The Crypto Industry
The United States has recently welcomed some new members into different government positions, alongside its new President Joe Biden. But two roles; the role of the SEC chairman, (a position which is to be handled by Gary Gensler) and the role of Treasury Secretary (which has now been handed over to Janet Yellen) stand out […] дальше »
2021-1-28 16:57 | |
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Bitmain Co-founders Resolve Long-Standing Disagreement on Company’s Future
In the settlement, the current CEO and Chairman of Bitmain, Jihan Wu, will step down from his position to make way for the other co-founder Micree Zhan. Zhan agreed to purchase $600 million worth of Bitmain shares, which represents just over half of the total, as part of the transferal of power. дальше »
2021-1-27 10:30 | |
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