Bitcoin Teeters while Federal Reserve Chairman Saves Stocks With Promises

Bitcoin Teeters while Federal Reserve Chairman Saves Stocks With Promises
фото показано с : beincrypto.com

2020-3-2 08:10

U. S. Federal Reserve (Fed) Chairman Jerome Powell played a stabilizing force for the stock market on Friday. The chairman told investors that the Fed will take whatever steps it can to help bolster the economy after coronavirus scares.

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Fed Chairman Powell Reveals The US Is ‘Working Hard’ On A Digital Dollar

Federal Reserve Chairman Jerome Powell discloses that the US is indeed working on a central bank digital currency Facebooks’ Libra, he said was what “lit a fire” under its work towards the digital dollar Federal Reserve Chairman Jerome Powell revealed in his testimony before Congress that the US was “working hard” on its own digital […]

2020-2-12 22:48


Mnuchin Has No Problem With Libra Crypto Launch; Agrees With Powell, No Need For A Digital Dollar

Steven Mnuchin, the US Treasury Secretary said that he and Jerome Powell, the Federal Reserve Chairman, think the US doesn’t need to create a digital currency soon. This is what Mnuchin declared on Thursday, at a Washington House Financial Services Committee hearing: “Chair Powell and I have discussed this — we both agree that in […]

2019-12-6 17:59


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United States Examines Launching Digital Currency, Confirms Federal Reserve Chairman

United States Federal Reserve Chairman Jerome Powell has confirmed that the nation is looking into launching its own Central Bank Digital Currency (CBDC). The news comes at a time when many other nations have also hinted at launching their own national digital currencies in a race to be among the first countries to do so.

2019-11-21 13:34


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Central Bank Cryptocurrencies Are Pointless, Says Ex-Federal Reserve Chairman

The perceived inevitability of central bank-issued digital currencies on a global scale has been a hot topic of discussion for a while now. With China reportedly going ever so close to releasing the world’s first nationalized digital currency, central banks in most major economies are under immense pressure to follow suit — or at least […] The post Central Bank Cryptocurrencies Are Pointless, Says Ex-Federal Reserve Chairman appeared first on BeInCrypto.

2019-11-14 11:44


Central Bankers Won’t Listen to Senior Alan Greenspan’s Digital Currency Views

Those who have followed Alan Greenspan’s career know how his tenure as a Federal Reserve chairman propelled the U.S. economy to the brink of disaster. The monetarist, who the Time Magazine named among the 25 people that caused the 2008 financial crisis, conveniently blocked efforts to crack down on the abusive subprime mortgage loans, promoted […] The post Central Bankers Won’t Listen to Senior Alan Greenspan’s Digital Currency Views appeared first on CCN.com

2019-11-13 20:13


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Former U.S. Fed Chairman Alan Greenspan Discusses Digital Currencies and Libra

Alan Greenspan, the second longest-serving chairman of the Federal Reserve, has denounced sovereign digital currencies as pointless at an economic conference in China. According to CNBC, Greenspan also criticized Facebook by claiming that the sovereign credit of the United States was stronger than anything Facebook could create or imagine, November 12, 2019.

2019-11-13 18:00


Libra all set for a crucial week, as CEO of Calibra awaits hearing in Washington

It has been a long and exhausting week for Facebook’s Libra cryptocurrency after the imminent crypto asset ended up on the wrong side of most prominent people. Just this week, the social media-backed virtual currency received criticism from the Chairman of the Fed Reserve, Jerome Powell, and soon after, the President of the United States, […] The post Libra all set for a crucial week, as CEO of Calibra awaits hearing in Washington appeared first on AMBCrypto.

2019-7-14 19:00


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Fundstrat Analyst Tom Lee Responds to Trump’s Bitcoin Tweet

On July 11 President Donald Trump tweeted that Bitcoin, Facebook’s Libra and all other cryptocurrencies are basically rubbish when compared to the US dollar. Now Tom Lee has a response. Bitcoin: A Store of Value or the Choice Asset of Criminals? Earlier this week the US Federal Reserve Chairman Jerome Powell made media waves and rocked crypto Twitter when he suggested that Bitcoin is a speculative store of value that functions similarly to an investment Read More The post Fundstrat Analyst Tom Lee Responds to Trump’s Bitcoin Tweet appeared first on Bitcoinist.com.

2019-7-14 09:45


Bitcoin Is A “Store of Value” Like Gold: The US Federal Reserve Chairman

Yesterday has been quite a historic day for the bitcoin and cryptocurrencies as the Fed and President of the US both talked about digital currencies. The Validation Of The Highest Order While answering questions before the Banking Senate Committee on Thursday, Jerome Powell was asked if a cryptocurrency system became prevalent throughout the globe, would […]

2019-7-12 16:01


Gold Beats Bitcoin as Fed Chair Powell Finalizes Dovish Pivot

Monetary policy may or may not have a direct impact on bitcoin, but the US Federal Reserve's dovish pivot is helping gold regain a bit of shine from its digital counterpart. The precious metal popped to its weekly high today, extending gains from the previous session after Federal Reserve Chairman Jerome Powell appeared to set […] The post Gold Beats Bitcoin as Fed Chair Powell Finalizes Dovish Pivot appeared first on CCN Markets

2019-7-12 21:02


Altcoins fall below key support levels

The cryptocurrency market crashed by a strong margin with many altcoins falling below key levels. At press time, the collective market cap stood at $311 billion. The latest bearish trend came right after the US Federal Reserve chairman, Jerome Powell’s latest comment before the US House of Representatives Financial Services Committee, where he warned that Facebook’s Libra […] The post Altcoins fall below key support levels appeared first on AMBCrypto.

2019-7-11 11:00


Fed Chairman Swears ‘Very High’ Scrutiny Against Facebook’s Crypto Libra

Federal Reserve Chairman Jerome Powell said his agency – as well as the rest of the federal government – will be looking carefully at Facebook’s Libra cryptocurrency. The Unspoken Advantage of Large Companies Entering Crypto He promised that Facebook would be held to very “high” standards, implying that the social media giant should be able […] The post Fed Chairman Swears ‘Very High’ Scrutiny Against Facebook’s Crypto Libra appeared first on CCN Markets

2019-6-27 15:21


Fed Chairman Swears 'Very High' Scrutiny Against Facebook's Crypto Libra

Federal Reserve Chairman Jerome Powell said his agency – as well as the rest of the federal government – will be looking carefully at Facebook’s Libra cryptocurrency. The Unspoken Advantage of Large Companies Entering Crypto He promised that Facebook would be held to very “high” standards, implying that the social media giant should be able […] The post Fed Chairman Swears 'Very High' Scrutiny Against Facebook's Crypto Libra appeared first on CCN Markets

2019-6-28 15:21


Trump Prefers ECB’s Draghi as Fed Chair in Epic Powell Diss

President Donald Trump took a swipe at the Federal Reserve Chairman this week, saying Jerome Powell’s rush to raise interest rates hampered an economy that didn’t need tightening. Draghi, Not Powell Donald Trump said he would prefer the actions of European Central Bank President Mario Draghi – and wanted him as Fed Chairman instead – […] The post Trump Prefers ECB’s Draghi as Fed Chair in Epic Powell Diss appeared first on CCN Markets

2019-6-27 02:15