Federal Reserve officials, led by Chairman Jerome Powell, have cautioned for a careful consideration of rate cuts amid high inflation and jobs data. Despite growing institutional interest in Bitcoin, uncertainties…
Browsing: Jerome Powell
Fed keeps interest rates steady, easing market worries and leading to a crypto market rebound. Bitcoin surges after Fed hints at rate cut later this year, boosting investor confidence. The…
Bitcoin’s price surged past $29,500 due to the Federal Reserve’s cautious tone and optimism about an ETF approval. XRP jumped above $0.50 following a legal victory for Ripple, as a…
The latest statement by the Fed Chair ignites confidence in the crypto market as Bitcoin makes a jump toward $30k. According to Jerome Powell, there may be a halt in…
Bitcoin’s price initially recovered, then declined on August 24th after trying to stay above $26k. Fed Chairman’s speech and a $150M Binance withdrawal impacted Bitcoin’s trajectory. The price of Bitcoin…
Bitcoin (BTC) price has been facing massive volatility as macroeconomic policies keeps impacting investor sentiment. Amid the uncertainties, the possibility of BTC hitting the $35,000 price target is high. Bitcoin…
The Federal Reserve has announced its intention to extend the FedNow program to encompass all 10,000 banks located in the United States. CGI, Volante, one of Ripple’s integrated partners, is…
An alleged conversation between the Fed chair and US Congressman triggers rumors of Powell’s involvement in the Ripple establishment. A 2018 video by a Ripple executive concerning the creation of…
Bitcoin (BTC) attractiveness and growth have sparked a broad recovery for altcoins. The latest stance of the Federal Reserve on interest rate pause is one of the recent catalysts fueling…
This trading week’s economic and financial data will be crucial to crypto investors. Lagarde and Powell to share their latest assessments of the economic and monetary policy situation on Tuesday.…
Fed chair Jerome Powell says that regulated stablecoins issued by private entities could coexist alongside a U.S CBDC. He also told Congress that the Fed is almost through with a…
The Fed Chairman said they have ‘no intention’ to ban crypto but will place appropriate regulations. Jerome Powell compared stablecoins to market funds and said that they would require regulations…
All bipartisan infrastructure deals settled with crypto payments will henceforth attract additional taxes. The bill has spurred backlash from the crypto community as crypto firms aren’t equipped to report such…
The ERC20 USDC has seen 1800 percent growth so far in 2021 eating into the USDT market share. Tether CTO calls the growing competition healthy for the stablecoin industry. Bitfinex-backed…
Jerome Powell, the chairman of the Federal Reserve addressed the nation yesterday, revealing the government wouldn’t take any drastic action and would keep current mitigation measures in place. Bitcoin and…
The Fed’s monetary policy committee is set to conclude its two-day meeting today after which chair Powell will let the nation know what lies in the future. Whichever way the…