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Fed Chair Powell Told House Democrats U.S. Needs Stablecoin Bill: Politico
14.2.2024
Powell also said a CBDC would need Congress' approval before the Federal Reserve will act
BitMEX Co-Founder Arthur Hayes Sees Bitcoin Price Hit $1 Million on Bank Bailouts
6.2.2024
BitMEX co-founder and former CEO Arthur Hayes earlier posted on X a scenario where he sees Bitcoin price touching $1 million. Hayes tweeted that Federal Reserve Chairman Jerome Powell is saying US banks are strong to very strong, but NYCB (New York Community Bancorp) says otherwise. Who is right...
Fed Chair Powell Says US Government Is on ‘Unsustainable’ Fiscal Path
6.2.2024
Federal Reserve Chairman Jerome Powell says in the long run, the U.S. federal government is on an unsustainable fiscal path due to its ballooning debt growing faster than the economy. Moreover, the Fed chair cautioned that there will be some banks that have to be closed or merged out of existence....
Top Crypto Gainers Today on DEXTools – POP, INEDIBLE, BEBE
5.2.2024
Top Crypto Gainers Today on DEXTools A surging US Dollar Index (DXY) and rising US government bond yields on Monday in wake of fresh hawkish commentary from the US Federal Reserve Chair Jerome Powell over the weekend and last Friday’s bumper US jobs report is capping gains in major cryptocurrencies...
Best Crypto to Buy Now February 5 – ENS, GNO, LINK
5.2.2024
ptoA surging US Dollar Index (DXY) and rising US government bond yields on Monday in wake of fresh hawkish commentary from the US Federal Reserve Chair Jerome Powell over the weekend and last Friday’s bumper US jobs report is capping gains in major cryptocurrencies on Monday, though Ethereum Name...
Economist Peter Schiff Discusses Likelihood of a Fed Interest Rate Cut in March
2.2.2024
Economist Peter Schiff says Federal Reserve Chairman Jerome Powell taking the March rate cut off the table “may have actually raised the probability that the Fed will indeed serve up the first rate cut in March.” Moreover, Schiff explained that the Fed’s job is actually to create...
Bitcoin Price Dips as Fed Chair Powell Says March Rate Cut Unlikely – Where Next for BTC?
31.1.2024
The Bitcoin (BTC) price has dipped back below $43,000 in wake of hawkish comments from Fed Chairman Jerome Powell, who on Wednesday commented that he doesn’t think it likely the FOMC will be confident enough to cut US interest rates as soon as March. ⚠️ Powell: Not Likely Committee Will...
Bitcoin Dips to $42.4K as Fed's Powell Pours Cold Water on March Rate Cut
31.1.2024
Bitcoin dipped to $42,300, while crypto majors ETH, ADA, DOT fell 3%-4% with Solana's SOL tumbling over 6%
Fed Maintains Interest Rates, Seeks ‘Greater Confidence’ on Inflation Goal; Bitcoin and Gold Hold Steady
31.1.2024
On Wednesday, Jan. 31, 2023, the U.S. Federal Reserve opted to maintain the federal funds rate unchanged. The Federal Open Market Committee (FOMC) additionally stated that the committee “does not expect it will be appropriate to reduce the target range until it has gained greater confidence...
Fed Leaves Rates Unchanged, Sounds Hawkish Note on March
31.1.2024
Bitcoin investors have mostly been focused on spot ETFs and the upcoming halving, but central bank monetary policy is also likely to play a sizable role in the 2024 price outlook
Gravity Rush Film Makes Surprise Appearance At Sony CES Presentation
9.1.2024
Nearly a year and five months after its announcement, Sony has revealed a brief look at the Gravity Rush film that’s currently in production and based on the 2012 open-world action-adventure game of the same name by the now-defunct developer Japan Studio. It’s just a small tease, but what...
Morgan Stanley’s Chief Economist Predicts Rate Cuts ‘This Year’ as Market Eyes Federal Reserve’s Next Move
8.1.2024
This year, mirroring last year’s speculation, market observers are keenly awaiting decisions from the U.S. Federal Reserve concerning the federal funds rate, with a particular focus on potential rate cuts this year. Ellen Zentner, Morgan Stanley’s lead economist in the U.S., predicts...
Analysts Predict ‘Higher Crypto Prices in 2024,’ Regardless of Spot Bitcoin ETF Approval
14.12.2023
Matrixport’s research team has observed a significant increase in U.S. money market fund deposits, doubling since the outbreak of Covid-19. This growth, they believe, bodes well for the continued expansion of the crypto asset market. Analysts anticipate that bitcoin will maintain its upward...
Powell’s Fed Policy Criticized: Experts Claim ‘Phony Economy’ and ‘Credibility Destruction’ Post Rate Decision
14.12.2023
The Federal Reserve’s most recent session of the Federal Open Market Committee (FOMC) wrapped up, leaving interest rates as they were. The market, expecting rate reductions in 2024 and influenced by Fed Chair Jerome Powell’s dovish stance, reacted positively. This uplift was evident...
Bitcoin Halts at $41K as Traders Eye Fed Rate Decision; AVAX Flips Dogecoin as Altcoins Jump
12.12.2023
Bitcoin remained steady around $41,000 after Monday's dramatic flush
Fed Observer Jim Grant Foresees Long-Term High Rates as FOMC Meeting Approaches
11.12.2023
Market participants, including both investors and traders, have their attention keenly set on the upcoming Federal Open Market Committee (FOMC) meeting, slated for Dec. 13, 2023. There is widespread speculation about whether Fed Chair Jerome Powell will continue to uphold the current elevated...
Real-Life ‘Florida Joker’ To GTA 6 Makers: ‘We Gotta Talk’
7.12.2023
It’s no secret that Grand Theft Auto VI takes a lot inspiration from IRL events and people, but one person colloquially called the “Florida Joker” has seemingly taken umbrage with Rockstar Games for possibly copying his whole entire vibe.Read more
SocGen’s Own Stablecoin Set to Debut Trading on Bitstamp Exchange
6.12.2023
Source: AdobeStock / AUFORT Jérome French banking giant Societe Generale is listing its stablecoin, dubbed EUR CoinVertible, on the Luxembourg-based Bitstamp crypto exchange. EUR CoinVertible will be fully backed by Euros and issued on the Ethereum public blockchain, SocGen said in a release....
Bitcoin Price Pumps to $39,000 As Fed Chair Powell’s Remarks Encourage Rate Cut Bets – Where is BTC Headed Next?
1.12.2023
Source: Pixabay / Michael Wuensch Fed Chair Jerome Powell’s tone on the risks faced by the US economy just shifted in a dovish direction, spurring a pump in the price of Bitcoin (BTC) to new yearly highs at $39,000. Powell noted that risks that the Fed doesn’t raise interest rates enough to combat...
Moody’s Downgrades US Credit Rating to ‘Negative’ on Fiscal Deficits and Debt Concerns
11.11.2023
The credit agency Moody’s has revised the United States credit outlook to “negative” from “stable” due to concerns over persistent large fiscal deficits and diminishing debt affordability. The announcement follows a previous downgrade by Fitch and reflects ongoing...