Key Reason Why New Fed Chair Might Be Bearish for Bitcoin

Despite his reputation as one of the most pro-crypto nominees in Federal Reserve history, Kevin Warsh's impending confirmation as Fed Chair could spell short-term trouble for Bitcoin.

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Bitcoin raced to $62k as Fed teased September rate cut

Bitcoin surged by $1,100 in just 10 minutes after Federal Reserve Chair Jerome Powell shared dovish remarks during his Jackson Hole speech. “The time has come for policy to adjust,” Fed chair Powell said on Aug. 23 at Jackon Hole…

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Bitcoin price hits $20.8K as volatility ensues over Fed 75-point rate hike

The Fed acted as expected, with comments from Chair Jerome Powell still to come as BTC/USD wakes up.

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First Mover Asia: Hong Kong FinTech Chair Praises Crypto Friendly Policy Statement; Dogecoin Outshines Bitcoin, Ether

Neil Tan said that the statement by the Financial Services and Treasury Bureau acknowledged the importance of retail investors and would help clarify regulatory issues similar to other countries recent frameworks.

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CryptoSlate Wrapped Daily: Bitcoin slumps after CPI release; Fed Vice Chair warns banks on crypto company deals

The biggest news in the cryptoverse for October 13 includes Bitcoin falling by 3% as CPI data of 8. 2% worsen fear of rate hikes, Binance allegedly filing inadequate financial reports in the UK, STEPN denying lay-off claims, and United States lawmakers demanding a probe of ERCOT for paying Bitcoin miners in Texas.

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Bitcoin Price Could Easily Double Under CFTC-Led Regulation, Chair Rostin Behnam Reckons

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SEC Chair Gensler Says He Supports CFTC Having Oversight Over BTC, Ether

The U. S. Securities and Exchange Commission (SEC) Chairman Gary Gensler says he supports the proposal to give oversight of Bitcoin (BTC) and Ethereum (ETH) to fellow watchdog, the Commodity Futures Trading Commission (CFTC).

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CryptoSlate Wrapped Daily: SEC’s Gensler wants CEX, DEXs to register; Bitcoin regaining dominance

The biggest news in the cryptoverse for September 14 includes Binance CEO Changpeng Zhao’s comments on the MiCA framework, SEC Chair Gary Gensler reiterating his stance on most crypto being securities, and the blocking of Bitcoin wallets linked to an Iranian cybercriminal group.

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Bitcoin [BTC]: Should investors expect bullish correction this month

The price of many crypto assets, in the last 30 days, registered bearish retracements from highs logged in July. Furthermore, the hawkish remarks made by Federal Reserve Chair Jerome Powell on 26 AuguThe post Bitcoin [BTC]: Should investors expect bullish correction this month appeared first on AMBCrypto.

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Bitcoin Slips Below $20,000 As Investors Continue To Mull Powell’s Jackson Hole Speech

After two consecutive weeks of negative returns, Bitcoin opened on Monday with its head down as investors continued to contemplate the hawkish comments by Fed chair Jeremy Powell.

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First Mover Asia: Bitcoin Falls to $19.6K as Investors Continue to Mull Fed Chair's Comments

Ether and other major altcoins are down.

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BTC drops to near $20,700 after Fed Chair Powell’s speech

Bitcoin fell almost 5% to $ 20,822 after Federal Reserve Chairman Jerome Powell spoke at Jackson Hole on August 26, saying that restoring inflation back to ideal levels will take time. The post BTC drops to near $20,700 after Fed Chair Powell’s speech appeared first on CryptoSlate.

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Bitcoin price taps $21.3K ahead of Fed Chair Powell Jackson Hole speech

Daily lows greet Bitcoin traders as markets await fresh macro cues from the Fed.

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WATCH: Will Powell’s Friday Speech Send Bitcoin Soaring? Daily TA August 25, 2022

In this episode of NewsBTC’s all-new daily technical analysis videos, we are looking at the the impact an upcoming speech from US Fed Chair Jerome Powell could have on Bitcoin price action. Take a look at the video below.

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Market Wrap: Bitcoin Price Falls as Markets Await Fed Chair Powell’s Comments

Bitcoin (BTC) sold off mildly in Monday trading, declining 0. 65% on average trading volume. The largest cryptocurrency by market capitalization rose 3% over the weekend, and has settled in near the $21,000 mark after plunging Friday.

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First Mover Asia: Bitcoin Hovers Over $21K in Weekend Trading; India Crypto Industry's Challenging Year

High German inflation and ongoing macroeconomic uncertainty raised market anxieties. Investors will be eyeing comments by Fed Chair Jerome Powell at a central bank symposium in Wyoming.

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Manchester United loses against Bitcoin too — Elon would have been over 6,000x better off buying BTC

A recent Twitter spat between Tesla and SpaceX CEO Elon Musk and MicroStrategy’s Executive Chair Michael Saylor prompts the question of whether Bitcoin is a better buy than Manchester United.

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Why Bitcoin Evangelist Michael Saylor Stepping Down As MicroStrategy CEO Could Be A Boon For BTC

As Saylor moves into the executive chair, it begs the question of what it really means for bitcoin.

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Michael Saylor will step down as MicroStrategy CEO but remain as executive chair

The soon-to-be former CEO said splitting the roles of MicroStrategy's chief executive officer and chair would help the firm pursue its strategy of “acquiring and holding Bitcoin.”

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US SEC Chair Gary Gensler Says Bitcoin Is The Only Crypto He’s Willing To Label As A Commodity

US SEC chairman Gary Gensler speaking with Jim Cramer on CNBC has made it clear that Bitcoin is the only crypto he is willing to openly call a commodity.

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China’s BSN chair calls Bitcoin Ponzi, stablecoins ‘fine if regulated’

Stablecoins like USDT and USDC would be doing just fine if properly regulated, while Bitcoin is a “Ponzi scheme” in any case, China’s BSN chair told Cointelegraph.

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XRP Leads Crypto Majors Recovery, Bitcoin Rises Over $21K as Rate-Hike Concerns Wane

Technology stocks and equity indexes rallied as investors assessed fresh comments from Federal Reserve Chair Jerome Powell.

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XRP Leads Crypto Majors Recovery; Bitcoin Rises Over $21K as Rate-Hike Concerns Wane

Technology stocks and equity indexes rallied as investors assessed fresh comments from Federal Reserve Chair Jerome Powell.

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Market Wrap: BTC Falls Below $20K as Crypto Bounce Loses Steam

The price of bitcoin and other major cryptocurrencies fell amid testimony by U.S. central bank Chair Jerome Powell, who said a recession might not be avoidable.

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Bitcoin price rises to $20.7K as Fed's Powell says more rate hikes 'appropriate'

Testimony from the Fed Chair provides no surprises while risk assets meander on the Wall Street open.

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Bitcoin Recovers Over $21K as Fed Commits to Slow Inflation; Traders Remain Cautious

Fed Chair Jerome Powell said the agency remained committed to bringing down inflation and hiked interest rates by 75 basis points this week.

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Bitcoin Erases Losses As Fed Raises Interest Rates By 0.75% In Largest Hike Since 1994

FOMC Chair Jerome Powell assured investors that the Fed is ‘not trying to induce a recession’ in the United States.

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SEC chair warns about 'too good to be true' returns amid market downturn

Gary Gensler added that he continued to be “intrigued with the technology,” but did not directly address if the SEC would approve a Bitcoin exchange-traded fund.

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Climate-Advocate CFTC Chair Wants To Change Bitcoin

In a recent interview, Rostin Behnam revealed that if Lummis-Gillibrand were to be enacted, the CFTC could advocate for a less energy-intensive Bitcoin.

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What are the implications if Bitcoin is treated as a commodity?

Securities and Exchange Commission (SEC) Chair Gary Gensler told the House Appropriations Committee on May 18 that Bitcoin could potentially be a commodity token. The post What are the implications if Bitcoin is treated as a commodity? appeared first on CryptoSlate.

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CFTC Chair Considers Bitcoin and Ethereum to Be Commodities

Commodity Futures Trading Commission (CFTC) Chair Rostin Behnam has expressed his belief that Bitcoin and Ethereum are commodities, though the digital asset market contains commodities and securities alike. He therefore...

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‘It’s Time to Move Bitcoin to Proof of Stake’ — CFTC Chair Rostin Behnam Posits

Rostin Behnam, chair of the Commodity Futures Trading Commission (CFTC) has called the current mechanism of obtaining Proof of work cryptocurrencies such as Bitcoin “skewed”.

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CFTC Head Complains About Bitcoin’s Energy Use

CFTC Chair Rostin Behnam believes that the industry should move to proof-of-stake in order to reduce power consumption

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Former US Fed Chair Ben Bernanke Doesn’t See Value in Bitcoin — Here’s Why

Ben Bernanke, former US Fed chair, has said that Bitcoin has failed to meet the requirements of a medium of exchange or store of value.

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Bitcoin, Major Cryptos Slide as Markets Digest Hawkish Powell Remarks

A day after the U.S. Federal Reserve chair pledged to keep tightening monetary conditions until inflation comes down, analysts and traders from crypto to stocks and futures were assessing the economic impact, from higher mortgage rates to lower company earnings.

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CFTC Chair labels Bitcoin, Ethereum as commodities

Rostin Behnam, the Chair of the Commodity Futures Trading Commission (CFTC), claimed Bitcoin (BTC) and Ethereum (ETH) are commodities. The post CFTC Chair labels Bitcoin, Ethereum as commodities appeared first on CryptoSlate.

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Ben Bernanke Says He Doesn't See Value in Bitcoin

The former Fed chair also faulted current monetary policymakers for acting too slow to curb inflation.

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Former Fed Chair Dismisses Bitcoin

Former Fed Chair Ben Bernanke says that Bitcoin will not become alternative form of money

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Bitcoin climbs as Fed confirms “inflation is much too high”

Bitcoin rose as much as 3% today as the chair of the Federal Reserve, Jerome Powell, directly addressed the American people, declaring that “inflation is much too high” and “we have the tools to bring inflation down.

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Bitcoin drops to $40K as FED looks for faster rate hikes

Crypto markets fall as Federal Reserve chair Jay Powell states that they need to move “more quickly” in raising interest rates.   Powell also expressed that a “0. 5 percentage point interest rate increase was on the table in May.

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Janet Yellen, Sounding More Constructive, Acknowledges Crypto's Role in Finance

The former Fed chair and current Treasury Secretary has previously been skeptical, and in 2018 said she “was not a fan” of Bitcoin.

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Market Wrap: Bitcoin Pulls Back After Fed Chair's Comments; Volatility Oversold

Bitcoin (BTC) traded roughly flat on Monday, although the Fed's plan for aggressive rate hikes caused a slight pullback intraday. Volatility sold off in BTC and ETH, but could pick up into next month.

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Why The Crypto Market Bloomed After FED Decision

Bitcoin and the crypto market trend to the upside on Wednesday. The Federal Reserve (FED) announced a raise rates by 25 basis points. The FED Chair Powell said at the news conference; We are attentive to the risks of further upward pressure on inflation and inflation expectations.

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Should The Federal Reserve Add Bitcoin To Its Balance Sheet?

Senator Cynthia Lummis and a former Federal Reserve vice chair recently discussed whether the U.S. central bank should hold bitcoin on its balance sheet.

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SEC chair says concerns about lack of spot Bitcoin ETF under ‘careful consideration’

SEC building in Washington DC, USA Gary Gensler said the US Securities and Exchange… The post SEC chair says concerns about lack of spot Bitcoin ETF under ‘careful consideration’ appeared first on Coin Journal.

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SEC chair hints at no spot Bitcoin ETFs yet, but cites 'careful consideration' for future

Gary Gensler reiterated his stance of being technology-neutral, but will carefully consider concerns raised by congresspersons.

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Bitcoin Trades Neutral As Fed Chair Powell Speaks

Fed Chair Jerome Powell once again said the FOMC is committed to curbing inflation and promoting a strong labor market.

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Congressman 'frustrated' with SEC Chair as Bitcoin Spot ETF debate continues

Congressman Tom Emmer has hit back at SEC Chair Gary Gensler once again, right after pushing a parliamentary bill around CBDCs. [embed]https://twitter.com/RepTomEmmer/status/1481717718332186632?t=jThe post Congressman 'frustrated' with SEC Chair as Bitcoin Spot ETF debate continues appeared first on AMBCrypto.

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Bitcoin Price Jumps Towards $50K As Fed Chair Speaks

Bitcoin quickly turned green as the Fed announced a quicker withdrawal of its asset purchasing programs and likely interest rate hikes in 2022.

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Minnesota’s Congressman Blasts Gary Gensler For Declining Much-Requested Bitcoin Spot ETF

U. S. House of Rep member puts Gary Gensler on blast over Bitcoin Spot ETF saga. The SEC chair has failed to respond and continues to reject spot-settled crypto ETFs.   Reactions that have followed Emmer’s inquiry implies that the SEC’s stance seems dubious U.

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