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Bitcoin is 'more a substitute for gold than the dollar' — Fed Chair Powell
22.3.2021
Jerome Powell reiterates his opinion about Bitcoin as a gold substitute, but a sell-off accompanies his other criticisms
CBDCs won’t entirely replace cash if the US Fed gets its way
18.3.2021
The U.S. does not want cash to go extinct in the presence of a CBDC, according to the Fed’s chairman
How Bitcoin Neutrality Is Simply Another Vote for a Crumbling Status Quo
18.3.2021
Nearly ten years into failed fiscal and monetary policy experiments, when trust in institutions is ebbing near an all-time low, the rationale for holding bitcoin has never been stronger. Yet, many people are neutral and non-reactive on the matter, giving credence to the current state of affairs...
$60K Bitcoin price back in sight after Morgan Stanley and Fed announcements
18.3.2021
Bitcoin bulls are making a renewed push toward $60,000 after the Federal Reserve and Morgan Stanley made announcements that could bode well for BTC price
Unfortunate Bitcoin Suisse, Fed Rates, Delayed Tax Season + More news
17.3.2021
Fed Chairman Jerome Powell. Source: a video screenshot, Youtube, NBC News
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Regulation news
The Swiss Financial Market Supervisory Authority (FINMA)...
Inflation Concerns Supersede Covid-19: 220 Investors Managing $650B Say Economy’s Biggest Risk Is Inflation
17.3.2021
As mainstream media pundits like the Bloomberg economics editor Peter Coy tell Americans to “tune out the hyperinflation hype,” fund managers from a recent Bank of America survey who collectively manage $630 billion, believe inflation is the biggest risk to markets right now. Instead...
Star Citizen Developers Fed Up After Being Expected To Work During Devastating Texas Snowstorm
11.3.2021
Last month, the entirety of Texas ground to a halt after a colossal winter storm pushed the state’s cordoned-off power grid to the brink. Power and heat outages, as well as resulting food and water shortages, led many businesses to temporarily shut down. This included a large number of Texan video...
‘The Fed Is Trapped’- Erratic Bond Markets, Exhausted Supplies, Analyst Says Tsunami of Treasury Issuances Underway
5.3.2021
The U.S. Federal Reserve is in a predicament as fiscal deficits erode the American economy and the nation is seeing a spike in benchmark 10-year Treasury yields. Meanwhile, Federal Reserve Chairman Jerome Powell expressed zero worries about inflation during an interview at a Wall Street Journal...
From Gold to Greenbacks: A Look at the US Dollar’s Devaluation, Manipulation and Militant Backing
26.2.2021
228 years ago the U.S. dollar was created and ever since then, the national currency has been both powerful and controversial at the same time. Moreover since 1971, after being backed by precious metals for decades, American dollars have been backed by nothing and estimates say a quarter of...
Fed chair says it's up to Congress to bring a digital dollar to market
24.2.2021
Jerome Powell added that the Federal Reserve needed to consider the health of other markets when creating a digital currency
The Fed Is Carefully Examining Digital Dollar — Chairman Jerome Powell Says ‘Very High Priority Project for Us’
24.2.2021
Federal Reserve Chairman Jerome Powell has provided an update on the progress of a digital dollar. He confirmed that it is a “very high priority project” for the Fed, and agrees with U.S. Treasury Secretary Janet Yellen on the benefits of issuing a digital dollar. The Fed Is Looking...
Federal Reserve Appoints Pro-Bitcoin Chief Innovation Officer
23.2.2021
A pro-bitcoin head of digital assets from TD Ameritrade has been appointed as the Federal Reserve System’s chief innovation officer. This is “a new role in which she will lead efforts to identify, research, enable and advocate for new technologies,” the Fed explained....
Bitcoin Price Drops 18%, Fed Discusses ‘Soft’ Inflation, Analyst Says BTC Sell-Off Attracts More Investors
23.2.2021
Digital asset markets are seeing some turbulence on Tuesday as the entire crypto market capitalization has lost 11% in value during the last 24 hours. Bitcoin has slid to a low of $44,846 during the morning trading sessions (EST) losing more than 18% during the last day. Bitcoin Price Dips Over...
US Treasury Secretary floats idea of digital dollar maintained by the Fed
22.2.2021
She still questioned how regulators would "manage money laundering and illicit finance issues" with digital currencies
Federal Reserve Bank President James Bullard Confident Bitcoin Not a Threat to US Dollar
21.2.2021
The president of the Federal Reserve Bank of St. Louis, James Bullard, has shared his view on the future of bitcoin. He is confident that the cryptocurrency poses no threat to the U.S. dollar. Referencing the unpopularity of various versions of dollars issued before the Civil War by banks, Bullard...
As Millions Drown in Today’s Poverty Trap, Macro Strategist Raoul Pal Says ‘Bitcoin Is a Life Raft’
18.2.2021
Global Macro Investor CEO, Raoul Pal, discussed the current economy this week and asked his 394,000 followers if people are using the wrong denominator when it comes to certain economic factors. One thing’s for certain, wages have not increased, no matter the common denominator people use...
Head of St Louis Fed Says Bitcoin Not a Challenge to US Dollar’s Global Dominance
17.2.2021
James Bullard also likened bitcoin to gold as a safe-haven asset
People don't want a ‘non-uniform currency’ like Bitcoin, says Fed President
16.2.2021
"It's going to be a dollar economy as far as the eye can see," said James Bullard
US Treasury Secretary Janet Yellen Says ‘the Misuse of Cryptocurrencies Is a Growing Problem’
12.2.2021
Janet Yellen, the new U.S. Treasury Secretary, has warned about “a growing problem” from “the misuse of cryptocurrencies.” She emphasized that “cryptocurrencies have been used to launder the profits of online drug traffickers; they’ve been a tool to finance...
Bitcoin 'supercycle' may emerge in 2021 as Fed balance sheet hits new record high
12.2.2021
Indicators point to the moon as an ailing macro economy provides a mass influx of retail investors into Bitcoin