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Brian Armstrong Meets With Fed Chair Jerome Powell – ‘US Needs to Be a Major Crypto Player to Stay Relevant’
4.7.2021
According to Jerome Powell’s conference calendar, the CEO of Coinbase, Brian Armstrong, met with the Federal Reserve chairman and former House of Representatives Speaker Paul Ryan to speak about the implications of digital currencies. The meeting’s details are unclear but most of...
Fed chair met with Coinbase CEO Brian Armstrong and former House speaker in May
2.7.2021
Armstrong said he had spoken about China’s central bank digital currency with lawmakers and heads of federal agencies, believing it to be "a threat to U.S. reserve currency status long term."
Fed Vice Chair Quarles Says Digital Dollar Could Pose Significant Risks to US Banking System
1.7.2021
The Federal Reserve’s vice chairman of supervision and the chair of the Financial Stability Board (FSB), Randal K. Quarles, doubts the benefits of the digital dollar but says it “could pose significant and concrete risks” to the U.S. banking system. Fed Vice Chair Speptical About...
Foreign CBDCs and stablecoins unlikely to threaten US dollar, says Fed vice chair
28.6.2021
Though Randal Quarles said there was a "legitimate and strong regulatory interest in how stablecoins are constructed and managed," a U.S. dollar-pegged coin could help provide support for its fiat counterpart
New York Fed president says crypto poses challenging questions for central banks
28.6.2021
John Williams responded to a presentation from Mark Carney, the former head of the Bank of Canada and Bank of England, about the potential for issuing central bank digital currencies
As Bitcoin’s Yearly Inflation Rate Dips to 1.77%, BEA Data From May Shows US Inflation Fears Are Legitimate
28.6.2021
The U.S. economy is looking stagnant according to data stemming from the Bureau of Economic Analysis, as core personal consumption expenditures (PCE) jumped 3.4% in May from a year prior. The recent PCE spike is the highest year-over-year basis change since 1992 and the statistic is fueling...
Boston Fed President Says the ‘Exponential Growth’ of Stablecoins Could ‘Disrupt’ Money Markets
27.6.2021
Boston Federal Reserve president Eric Rosengren discussed stablecoins in a recent presentation on June 25. Rosengren stressed that stablecoins could be a “disruptor” to prime money market funds and the Boston Fed president remarked that the exponential growth of stablecoins...
Federal Reserve official: Stablecoin growth is 'exponential,' deserves 'attention'
26.6.2021
Boston Federal Reserve President Eric Rosengren notes that Tether could be a "disruptor" to short term credit markets
Minneapolis Fed President Neel Kashkari calls DOGE a ponzi
20.6.2021
The central banker previously referred to cryptocurrencies as a “giant garbage dumpster.”
Data suggests the strong US dollar makes Bitcoin weaker argument is flawed
19.6.2021
Analysts and traders are linking Bitcoin's bearish turn with the growing strength of the U.S. dollar, but data suggests otherwise
Hawkish Fed comments push Bitcoin price and stocks lower again
19.6.2021
Bitcoin price drops a leg lower and stocks slump after St. Lous Federal Reserve President James Bullard signals that interest rates could rise by the end of this year
Bitcoin pinned below $38K as investors stash record $756 billion with Fed
18.6.2021
Bitcoin bulls ducked for cover as the Federal Reserve started paying interest rate returns on cash deposits via its reverse repurchase program
John McAfee Says the Feds Seized All His Assets: ‘I Have No Hidden Crypto, I Have Nothing, I Regret Nothing’
18.6.2021
Antivirus tycoon John McAfee says he has no hidden cryptocurrencies, no assets left as there were all seized by the Feds, no friends, and no regrets. He has shared his story from prison, where he says he has “never felt more free.” McAfee Says He Has No Cryptocurrencies, No Assets,...
Bitcoin retests $37K support, gold and stocks drop lower over Fed comments
18.6.2021
Steady BTC inflows to crypto exchanges and fallout from the Federal Reserve’s plan to hike interest rates dropped Bitcoin price to the $37,000 support
Bitcoin slips below $39K as Fed sends gold to 6-week lows
17.6.2021
It's been a bad 24 hours for the precious metal, which shed $100 per ounce thanks to the Fed's outlook
Bitcoin price edges higher as Fed inflation meeting sends DXY to 2-month high
17.6.2021
The U.S. dollar appeared to benefit from fresh comments by Jerome Powell, while Bitcoin remains frustrated
Bank of America Survey: Most Fund Managers Say Bitcoin Is a Bubble, Inflation Is Transitory
17.6.2021
The latest Bank of America’s Global Fund Manager Survey shows that “long bitcoin” is now the second most crowded trade. Moreover, most fund managers believe bitcoin is in a bubble and agree with the Fed that inflation is transitory. Bank of America’s June Fund Manager Survey...
Fed Expects 2 Rate Hikes in 2023, Stock Market Plunges, Powell Anticipates Higher Inflation
17.6.2021
The Federal Reserve on Wednesday told the public that it has forwarded the time frame for raising interest rates. “Progress on vaccinations will likely continue to reduce the effects of the public health crisis on the economy, but risks to the economic outlook remain,” the Federal Open...
Bitcoin price falls after Fed shifts interest rate hikes forward amid inflation fears
16.6.2021
Stock markets and Bitcoin price took a slight hit after the Federal Reserve announced plans to increase interest rates twice in 2023, a tad bit earlier than markets expected
Fed Keeps Rates, Says Inflation 'Largely Reflects Transitory Factors'
16.6.2021
Fed Chairman Jerome Powell. Source: a video screenshot, Youtube, NBC News
The US Federal Reserve (Fed) said it decided to keep the target range for the federal funds rate at 0 to 1/4 percent and expects it will be appropriate to maintain this target range until labor market conditions have reached...