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Market Outlook: Trade Wars and Filthy Fiat Battles Fuel Crypto Prices
5.8.2019
A slew of digital currencies have gathered decent gains over the last 48 hours and the entire market capitalization now stands at around $308 billion. Moreover, cryptocurrency trade volumes have kicked up a notch, capturing $66 billion in swaps over the last day. Overall, speculators think...
Even Fed Is Not Happy with the Current Payments System
5.8.2019
Fed Chairman Jerome Powell. Source: a video screenshot, Youtube, NBC News
As Bitcoin and other cryptocurrency projects are already forcing banking incumbents to work more efficiently, the Federal Reserve, the central bank in the U.S., is reportedly “seriously considering” to develop a new...
This is How Bitcoin Met its First Fed Rate Cut
1.8.2019
Source: iStock/Toshe_O
The first interest cut by the Federal Reserve (Fed), the U.S. central bank, in Bitcoin’s history was a bit more complex than the market estimated and opinions still vary on the impact of this event.
As many expected, yesterday, the Fed indeed cut its main interest rate...
Bitcoin Price on the Rise After First Fed Rate Cut Since 2008
1.8.2019
Bitcoin has eked out moderate gains amid the U.S. Federal Reserve’s announcement of its first rate cut in over a decade
Bitcoin Might be Tested by the First Fed Rate Cut Today
31.7.2019
An eagle carved in stone on the Federal Reserve building in Washington, D.C.
With Bitcoin about to experience the first interest cut by the Federal Reserve [the central bank in the U.S.] in its history today, some traders are watching closely for clues on how the bitcoin price might...
Crypto Bullishness Spreads on Capitol Hill
21.7.2019
U.S. Congress has shown that it is starting to care about cryptocurrency as a number of lawmakers spoke up in favor of it this week. “The world Satoshi Nakamoto had envisioned is an unstoppable force” and “there’s no capacity to kill bitcoin” are some of the comments...
Diamonds and the Treasury Debt Ceiling: Why Nothing Has ‘Intrinsic Value’ in Economics
15.7.2019
The U.S. Treasury Department has just issued an urgent letter requesting a lift on the debt ceiling, warning Congress of imminent financial collision in September as federal cash is running out. Though this scenario has played out many times before, it takes on special significance now in light...
Fed Chairman Jerome Powell Compares Bitcoin to Gold
12.7.2019
Powell compared bitcoin to gold, referring to them both as speculative stores of value
Bitcoin Price Slips 10% in 24 Hrs as Fed Raises Facebook Libra Concerns
11.7.2019
U.S. Fed Chairman sparks crypto rout with Facebook Libra comments
Market Outlook: Gold and Crypto Reap the Benefits of Economic Fear
10.7.2019
Cryptocurrencies have recovered from losses incurred a week ago, with many digital assets up 50-80% since July 2. For instance, eight days ago bitcoin core (BTC) tumbled to $9,650 and then back to a high of $13,150 yesterday evening. However, during the afternoon trading sessions on Wednesday, most...
Fed Chair Says Facebook Needs to Satisfy Regulatory Concerns Regarding Libra
10.7.2019
The chair of the Federal Reserve said Facebook needs to address a number of concerns thoroughly and carefully before it can move forward with Libra
Fed Chair Says Libra ‘Cannot Go Forward’ Until Facebook Addresses Concerns
10.7.2019
Fed Chairman Jerome Powell said Facebook should not be allowed to launch its Libra cryptocurrency until the company details how it will handle a number of regulatory concerns
Bitcoin Reclaims $13,000 as NY Fed Says Recession Risk Highest Since 2008
10.7.2019
Highest-ever monthly close potential for bitcoin sparks countdown to July 31
Money and Democracy: Why You Never Get to Vote on the Most Important Part of Society
10.7.2019
It’s very odd that citizens never get to vote or have any say in regard to society’s money, even though it’s one of the most important aspects of everyday life. In fact, in developed countries, most central banks are institutions that are privatized from political interference...
Ex-Trump Economist Joins ‘Crypto Central Bank’ After Failed Fed Bid
25.6.2019
Decentral aims to perform similar monetary functions for cryptocurrencies as the Federal Reserve does for the U.S. economy
US Fed Policies Might Help Bitcoin (BTC) To Reach New High
23.6.2019
Some of the recent economic situations around the world are proving to be beneficial for Bitcoin. Prominent among these phenomena is the announcement by the chairman of US Federal Reserve, Jerome Powell, who indicated on June 19 that Fed would be maintaining interest rate in the target range...
US Fed Chair: Facebook's Libra Carries Both Benefits and Risks
20.6.2019
Jerome Powell, the head of the United States Federal Reserve, has said that he recognizes both potential benefits and risks to Facebook’s recently-unveiled Libra project
Facebook Talked to the Fed About Libra Coin, Chairman Powell Says
19.6.2019
Fed chair Jerome Powell was asked about Facebook's Libra cryptocurrency during a press conference Wednesday
Markets Update: Crypto Prices Sink Lower Finding New Support Levels
9.6.2019
On June 9, digital currency markets have been meandering along in a consolidated manner after the slight downturn this afternoon. At the moment, the entire cryptocurrency market is around $243 billion, but global trade volume has dropped from $80 billion on June 5 to $56 billion this weekend. Also...
In a World Where Central Planners Push Debt, Cryptocurrencies Look Better Every Day
6.6.2019
Economists have been predicting a worldwide recession which could pose a risk to financial stability throughout various countries. Fear of an economic downturn has caused the central bank of Australia to cut interests rates on Tuesday and both the U.S. Federal Reserve and the Reserve Bank of India...