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Powell Says Fed’s Battle With Inflation Will Bring ‘Some Pain,’ After Insisting Last Year Elevated Inflation Is ‘Likely to Prove Temporary’
27.8.2022
On Friday, Jerome Powell spoke at the annual Jackson Hole Economic Symposium and the Federal Reserve chair explained that the U.S. central bank is focused on fighting the country’s red-hot inflation. Powell stressed at the event that strict monetary policy is necessary, and his commentary...
Bitcoin price briefly loses $20K on 'bunch of nothing' Powell speech
27.8.2022
Bitcoin could well sink below the $20,000 mark again, traders warn, with price targets now as low as $16,000
Bitcoin, Ethereum Technical Analysis: BTC Nears $20,000, as ETH Hits 1-Month Low
27.8.2022
Bitcoin was trading close to $20,000 to start the weekend, as traders reacted to comments from U.S. Fed Chair Jerome Powell during Friday’s Jackson Hole summit. Powell warned that “there will be some pain ahead,” as the Fed attempts to bring the rate of inflation down. Ethereum...
US stocks lose $1.25T in a day — more than entire crypto market cap
27.8.2022
Risk assets take a major blow as Fed Chair Jerome Powell stays firmly hawkish on inflation and monetary policy
Market Wrap: Bitcoin Slumps to Lowest Level in Over a Month After Powell Affirms Hawkish Monetary Policy
26.8.2022
The first cryptocurrency dipped 4.3% to around $20,549, its lowest point since July 16, after the head of the U.S. central bank said the Fed would maintain its restrictive monetary course. This article originally appeared in Market Wrap, CoinDesk’s daily newsletter diving into what happened...
Bitcoin cae por debajo de $21K tras los comentarios de Powell sobre medidas de ajuste monetario
26.8.2022
El presidente de la Reserva Federal dijo que los hogares y las empresas deberían prepararse para meses difíciles mientras el banco central trabaja para reducir la inflación
Bitcoin Tumbles Below $21K After Powell’s Hawkish Remarks
26.8.2022
The Federal Reserve Chairman said households and businesses should prepare for pain as the central bank works to bring down inflation
Federal Reserve’s Powell: Inflation Battle Not Yet Close to Finished
26.8.2022
First Mover Americas: Bitcoin in Stasis Ahead of Powell Speech; Coinbase's cbETH Trades At Discount to Ether
26.8.2022
The latest price moves in bitcoin (BTC) and crypto markets in context for August 26, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Bitcoin price taps $21.3K ahead of Fed Chair Powell Jackson Hole speech
26.8.2022
Daily lows greet Bitcoin traders as markets await fresh macro cues from the Fed
Market Wrap: Bitcoin Price Barely Budges as Traders Await Powell Speech
25.8.2022
Bitcoin traded sideways on Thursday as Fed officials speaking during the first day of the central bank’s Economic Symposium were circumspect about an interest rate hike in September. This article originally appeared in Market Wrap, CoinDesk’s daily newsletter diving into what happened in today's...
First Mover Americas: Bitcoin Gains Stall at $22K as Markets Await Powell at Jackson Hole
25.8.2022
The latest price moves in bitcoin (BTC) and crypto markets in context for August 25, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Market Wrap: Bitcoin Price Falls as Markets Await Fed Chair Powell’s Comments
22.8.2022
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. Market Wrap is CoinDesk’s daily newsletter diving into what...
3 reasons why the Bitcoin price bottom is not in
20.8.2022
Bear market fractals, weak technicals and macro risks continue to signal more pain for Bitcoin ahead
In Crypto Winter, Jesse Powell’s Pirate-King Leadership Style Might Be the New Normal
6.8.2022
Less than 1% of employees have taken the CEO’s buyout offer since he laid down the law on culture. Is Kraken a “based” place to work, or just somewhere to ride out crypto winter?
'Bullish rate hike' — Why crypto spiked today in the face of bad news
28.7.2022
The Fed’s attempts to reel inflation in by increasing interest rates are usually associated with a pullback of investment activity across markets
Fed Hikes Benchmark Bank Rate by 75 bps, Elizabeth Warren Says Central Bank Could ‘Trigger a Devastating Recession’
27.7.2022
On Wednesday, the U.S. Federal Reserve raised the federal funds rate by 75 basis points (bps) in order to tame inflation and stabilize the American economy. The recent rate hike is the U.S. central bank’s third rate increase after increasing the benchmark rate by 50 bps last March. Fed Hikes...
Report: Digital Currency Exchange Kraken Under Investigation for Violating OFAC Sanctions
27.7.2022
On Tuesday, a newly published report details that the cryptocurrency exchange Kraken is under federal investigation for allegedly violating U.S. sanctions, according to five people familiar with the matter. The unknown sources explained that the inquiry into Kraken started in 2019, and it’s...
Economists Say Fed Could Shrink Balance Sheet in 2023, Critics Insist Central Bank Hasn’t Reduced QE at All
26.7.2022
With inflation soaring in the U.S., economists from monetary policy analytics and forecasting firm LH Meyer say the U.S. Federal Reserve could stop shrinking its balance sheet earlier than expected. However, critics have said the U.S. central bank hasn’t really shrunk the Fed’s...
Trend Forecaster Gerald Celente Says World War 3 Has Begun — ‘If the People Don’t Unite for Peace, We Are Finished’
9.7.2022
This week Bitcoin.com News spoke with Gerald Celente, the popular trends forecaster, and publisher of the Trends Journal. During a telephone conversation, Celente discussed the uncertainty surrounding the global economy after governments worldwide locked down the world’s citizens over...