Search
Fed Chair Powell Provides Update on US Central Bank Digital Currency
10.3.2023
Federal Reserve Chairman Jerome Powell has provided an update on the Fed’s central bank digital currency (CBDC) work in a hearing before the House Financial Services Committee. While stating that the Fed is “making progress on technological issues,” Powell stressed that...
Final Fantasy XIV Fans Are Melting Down Over This 'Insulting' Chair
9.3.2023
Final Fantasy XIV just dropped a new patch this week, which added new sidequests and a massive dungeon to the popular MMO. It also added quality of life features, one of which has made fans extremely upset. You’ll never guess what it is: A chair. Many FFXIV players are rioting in the Square Enix...
Bitcoin Price Prediction as Fed Chair Powell Warns of Higher Than Expected Interest Rates – Will Crypto Prices Crash?
9.3.2023
In the world of cryptocurrency, Bitcoin remains one of the most popular and widely traded assets. Recently, as the Chairman of the US Federal Reserve, Jerome Powell, warned of higher-than-expected interest rates, many investors question whether this will lead to a crash in crypto prices. ...
Read...
Stablecoins and Ether are ‘going to be commodities,’ reaffirms CFTC chair
9.3.2023
In the tug-of-war between the US regulators over control of crypto assets, the CFTC chair has triple-downed his stance — that Ether and stablecoins are commodities
Fed Chair Warns of Higher Interest Rates Than Previously Anticipated, Faster Hikes
8.3.2023
Federal Reserve Chairman Jerome Powell has warned that “the ultimate level of interest rates is likely to be higher than previously anticipated.” In addition, if faster tightening is warranted, the Fed “would be prepared to increase the pace of rate hikes,” Powell said....
Bitcoin, Ethereum Technical Analysis: BTC Falls Below $22,000, as Powell Warns of Higher Rates
8.3.2023
Bitcoin moved below the $22,000 level on March 8, as markets continued to react to U.S. Fed Chair Jerome Powell’s testimony. Speaking in front of the Senate Banking Committee, Powell said he expected rates to be higher than initially anticipated. Ethereum has also slipped on the news....
First Mover Asia: Bitcoin, Ether Bounce Back After Being Tested by Fed Chair Powell’s Comments
8.3.2023
A study by CryptoRank, which tracks crypto fund portfolios, shows that despite massive declines last year, a number of major funds are up over the past three years; bitcoin trades over $22.2K
Fed Chair Powell on Crypto: We See Turmoil, Fraud, Lack of Transparency, Run Risk
8.3.2023
Federal Reserve Chairman Jerome Powell has outlined several risks related to crypto activities during a hearing before the Senate Committee on Banking, Housing, and Urban Affairs. While stating that the Fed sees turmoil, fraud, a lack of transparency, and run risk in the crypto space, he stressed:...
Bitcoin Rebounds Above $22K, Equities Struggle After Fed Chair Powell Says Rates Are ‘Likely to Be Higher’
7.3.2023
Over 70% of traders now see the possibility of a 50-basis point rate hike in the March FOMC meeting. Bitcoin has dropped 1.6% in the past 24 hours but remained in range-bound
Bitcoin, Ethereum Technical Analysis: BTC, ETH Stall Ahead of Powell Testimony
7.3.2023
Bitcoin remained in consolidation earlier in Tuesday’s session, as markets prepared for this afternoon’s testimony from Fed Chair Powell. The head of the U.S. Federal Reserve will be speaking in front of the Senate Banking Committee later in the day. Ethereum was also largely...
Bitcoin, Ethereum Technical Analysis: Volatility in BTC, ETH Remains High to Start the Week
6.3.2023
Bitcoin consolidated for a third straight session, as markets prepared for a big week of U.S. economic data. Later this week, nonfarm payrolls will be posted, with Federal Reserve chair Jerome Powell also speaking in the coming days. Ethereum also fell marginally lower to start the week. Bitcoin...
SEC Chair Gensler Casts Doubt on Crypto Exchanges' Ability to Meet "Qualified Custodian" Standards – Here's Why
3.3.2023
Crypto exchanges likely do not meet the requirements expected of a qualified custodian, Securities and Exchange Commission (SEC) chair Gary Gensler has said.
Gensler said the fact that exchanges cannot be considered custodians in the legal sense has become clearer as more information has emerged...
SEC chair implies crypto exchanges may be ‘qualified custodians’ as new rule is drafted
2.3.2023
Gary Gensler praises the SEC Investor Advisory Committee’s proposed rule on safeguarding advisory client assets, but thinks crypto firms may not be up to snuff
House Digital Assets Panel Chair Ready to Work With Ag Committee on Crypto Framework
2.3.2023
Representative French Hill (R-Ark.) is the chairman of the newly-formed Financial Services Subcommittee on Digital Assets
SEC Chair Gensler Says Crypto Exchanges May Not Be 'Qualified Custodians'
2.3.2023
Ripple Lawyer Argues SEC Chair Gensler Has Prejudged Crypto Asset Cases
1.3.2023
Recently, Gary Gensler, the chairman of the U.S. Securities and Exchange Commission (SEC), expressed his opinion in a detailed interview with New York Magazine’s Intelligencer regarding why he believes crypto assets other than bitcoin are securities. However, Stuart Alderoty, Ripple’s...
SEC Chairman Explains Why He Views All Crypto Tokens Other Than Bitcoin as Securities
28.2.2023
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has detailed why he considers all crypto tokens other than bitcoin as securities. While acknowledging that crypto tokens may have different setups, he stressed that “at the core, these tokens are securities.”...
Kevin O’Leary Warns US Crypto Regulation Getting ‘Very Aggressive’ — ‘You’ve Got to Stay out of the Way of SEC’
22.2.2023
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has warned that U.S. crypto regulation is “getting very, very aggressive.” Noting that regulators are now “regulating by enforcement, penalties, and massive fines,” O’Leary emphasized the importance of staying...
Many stablecoins fall short of coming regulatory recommendations, says FSB chair
20.2.2023
The BIS-affiliated advisory body will release its final recommendations on global crypto asset regulation and supervision in July
SEC Clampdown Has Crypto Space Abuzz, Pantera Capital Says We’re in Bull Market, and Much More — Week in Review
19.2.2023
There’s been no shortage of news in past weeks when it comes to the United States Securities and Exchange Commission (SEC) taking action against crypto exchanges and companies. From Kraken, to Paxos, to Terraform Labs, it seems enforcement is in the air when it comes to chair Gary...