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US Lawmaker Warns Treasury Secretary and Fed Chair Not to Ignore Bitcoin or America Will Fall Behind
Congressman Kevin McCarthy has urged Treasury Secretary Janet Yellen and Federal Reserve Chairman Jerome Powell not to ignore bitcoin like they have been trying to do. He believes it is the future, emphasizing, “I do not want America to fall behind” other countries. дальше »
2021-4-19 00:15 | |
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Federal Reserve Chairman Jerome Powell Says Cryptocurrencies Are ‘Vehicles for Speculation’
The Federal Reserve chairman believes that cryptocurrencies are “really vehicles for speculation” and “No one is using them for payments. ” He then compared crypto to gold. His comments about cryptocurrency followed Coinbase’s direct listing on Nasdaq. дальше »
2021-4-17 20:30 | |
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Federal Reserve Chairman Jerome Powell Calls BTC A ‘Speculative Asset’ Amid Coinbase Direct Listing
Cryptocurrencies have been around for more than a decade and have just gained global relevance in the last two years. This has been largely due to institutional investors seeing digital assets like Bitcoin as a hedge against inflation. дальше »
2021-4-16 22:11 | |
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US Government Concerned China’s Digital Yuan Could Threaten Dollar as the World’s Dominant Reserve Currency
The U.S. government is reportedly concerned that China’s digital yuan could threaten the U.S. dollar’s status as the world’s dominant reserve currency. Officials at the Treasury, State Department, Pentagon, and National Security Council are increasing their efforts to understand the implications of China’s central bank digital currency. Digital Yuan Could Be a Threat to US […] дальше »
2021-4-14 19:15 | |
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Japan-inspired NFT game Chainbinders raises $5 million in 2 hours
Chainbinders, the world’s first liquid NFT collection backed by a reserve pool of Ethereum, raised over $5 million in the first two hours after the start of sale of their native BND utility token earlier this week, the firm said in a release to CryptoSlate. дальше »
2021-4-13 10:57 | |
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Recent Comments From Fed’s Kashkari On Inflation Could Trigger Massive Bitcoin Buys
President of the Federal Reserve Bank of Minneapolis Neel Kashkari has said that a 4% inflation rate would not cause him any form of panic. In an interview sponsored by the Economic Club of New York, Kashkari told American macroeconomist and Harvard professor Gregory Mankiw that his concerns would majorly depend on “why” inflation had […] дальше »
2021-4-13 00:11 | |
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Paypal Cofounder Peter Thiel Thinks China Is Using Bitcoin as Financial Weapon Against the US
According to Paypal cofounder Peter Thiel, the Chinese government, which detests the U.S. dollar’s reserve currency status, could be using bitcoin as a financial weapon against the U.S. While he concedes that China has no intentions of making the yuan renminbi a reserve currency, Thiel still thinks the Asian country may have longed bitcoin because […] дальше »
2021-4-9 10:30 | |
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Bitcoin Reclaims $58K After Fed Underscores Continued Recovery Support
Bitcoin rallied on Thursday after the Federal Reserve vowed to support the economic recovery in the United States. The benchmark cryptocurrency jumped 3. 80 percent to $58,083 after declining two days in a row. дальше »
2021-4-9 03:55 | |
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Bitcoin (BTC) Price May Peak at $400,000 This Cycle: Bloomberg Report
Bitcoin is also “replacing old-guard” gold, that too more sudden than gradual as it fulfills the need for a digital reserve asset in a low-yield environment. The post Bitcoin (BTC) Price May Peak at 0,000 This Cycle: Bloomberg Report first appeared on BitcoinExchangeGuide. дальше »
2021-4-8 18:10 | |
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Michael Saylor to Debate Canadian Billionaire and Gold Proponent Frank Giustra on Bitcoin
Michael Saylor, the CEO of MicroStrategy who became a Bitcoin believer earlier last year, and has since championed Bitcoins’ adoption by continually buying the asset for his company and educating other fintech companies to take part in accumulating some of the assets for their company’s reserve, will be going head to head with Frank Giustra, a […] дальше »
2021-4-6 12:43 | |
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2% Inflation Is a Myth- 2021 Statistics Show Prices of Goods and Services Have Surged
Members of the U. S. Federal Reserve and fellow bureaucrats have said that they are not worried about inflation levels and some officials have even encouraged a general increase in prices for goods and services. дальше »
2021-4-5 06:30 | |
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The Fed Plans to Unveil Digital Dollar Prototypes in July
The Federal Reserve is actively working on a central bank digital currency and some prototypes are near completion. The Federal Reserve Bank of Boston and the Massachusetts Institute of Technology (MIT) plan to unveil two prototypes of a digital dollar as early as July. дальше »
2021-3-29 00:15 | |
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Survey Shows 77% of Americans Are Concerned About Rising Inflation, Prices for Goods Are Soaring
Since well before the Covid-19 outbreak was found in America, the U. S. Federal Reserve invoked a number of monetary easing policies. Then throughout 2020, the central bank created a quarter of all the USD ever issued in less than 12 months to help the economy during the outbreak. дальше »
2021-3-28 18:10 | |
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‘Too Much’ Bitcoin Supply Is In Search of Yield Reveals True Inherent Yield on Crypto Assets
Decentralized Finance (DeFi) continues to attract not just degens and crypto enthusiasts, but as we have been seeing, government authorities are also getting interested. As we reported recently, the US Federal Reserve published a paper on DeFi, and now the Fed is interested in knowing more about the revolutionary and burgeoning sector that, according to […] The post ‘Too Much’ Bitcoin Supply Is In Search of Yield Reveals True Inherent Yield on Crypto Assets first appeared on BitcoinExchangeGuide. дальше »
2021-3-27 18:34 | |
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RBI Governor Says Government and Central Bank Agree on Cryptocurrency Approach
RBI Governor Shaktikanta Das says that there is no difference of opinion between the Reserve Bank of India (RBI) and the finance ministry on cryptocurrencies. While the finance minister said that the government will not shut off all options and will take a calibrated position regarding crypto legislation, the central bank has voiced some “major […] дальше »
2021-3-27 13:35 | |
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Crypto Analyst Claims MicroStrategy Is “On The Ropes” Amidst Bitcoin Selloff
MicroStrategy and its head honcho Michael Saylor have become synonymous with Bitcoin, responsible for kicking off the corporate treasury reserve trend that’s transpired ever since. As a result of the innovative, albeit risky move, company shares skyrocketed to revisit dot com-bubble resistance levels. дальше »
2021-3-26 04:00 | |
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Gold, Stocks, and Bitcoin: Weekly Overview – March 25
BTC Bitcoin has been struggling this past week. After reaching an all-time high of over $60,000 last weekend, BTC retraced to around $54,000 during the week. However, news from the US Federal Reserve (Fed) on March 17, saw it just back up to the higher 50,000’s. дальше »
2021-3-25 22:30 | |
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Bitcoin price bounces at $50K amid 4-month highs for DXY
Federal Reserve Chair Jerome Powell hints that monetary stimulus could be withdrawn thanks to "substantial progress" in the U.S. economic recovery. дальше »
2021-3-25 17:10 | |
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Litecoin (LTC) and Cardano (ADA) price prediction for April
The total cryptocurrency market capitalization has dipped about 2% this week after hitting $1. 86 trillion earlier this month. Fundamental analysis: Powell comments weighing on crypto? Jerome Powell said this week that cryptocurrencies still represent an unstable store of value and that the Federal Reserve is in no rush to roll out a competitor. дальше »
2021-3-25 13:49 | |
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MIT & Boston Federal Reserve Look to Reveal Two Digital Dollar Pilots by July 2021
The Federal Reserve Bank of Boston and researchers from the Massachusetts Institute of Technology (MIT) are making giant strides in their digital dollar program, according to a Bloomberg report. Boston Fed To Launch Digital Dollar Prototypes Researchers from both institutions are reportedly preparing to launch prototypes of two central bank digital currencies (CBDCs) platforms as […] The post MIT & Boston Federal Reserve Look to Reveal Two Digital Dollar Pilots by July 2021 first appeared on BitcoinExchangeGuide. дальше »
2021-3-24 18:25 | |
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Fed Chairman Powell Sees Bitcoin As A Substitute For Gold Rather Than The U.S. Dollar
Chairman of the Federal Reserve, Jerome Powell, on Monday reaffirmed his belief that the world’s oldest cryptocurrency is a gold substitute but it is too volatile and is “backed by nothing” for it to replace the U. дальше »
2021-3-24 18:20 | |
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Bitcoin is More of a Gold Substitute than the Dollar, Fed Chair Powell Says
The Chair of the US Federal Reserve argues that while Bitcoin (BTC) is too volatile to be considered money and is “backed by nothing,” it could be a substitute for gold. He also recently made a statement on Bitcoin, which has affected the asset’s price seeing it drop by $1,000. Powell’s View on Cryptocurrencies InRead More дальше »
2021-3-24 16:30 | |
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Analyst: ‘Apple and Google would be insane not to put 1% of Treasury assets in Bitcoin’
A cryptocurrency analyst has advised leading fintech companies to consider stashing a small portion of their asset reserve in Bitcoin, to avoid the potential losses that could be sustained as a result of the brewing inflation that the United States economy could face as the USD continues to weaken. дальше »
2021-3-24 15:47 | |
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Report: JP Morgan Boss ‘Not Happy’ as Capital Positions Exemption for Big Banks Ends
On March 19, 2021, the U. S. Federal Reserve Board published a press release that detailed the temporary supplementary leverage ratio easements will be expiring as scheduled. U. S. banks will no longer have the relaxed capital requirements they once held since the onset of the Covid-19 outbreak. дальше »
2021-3-23 10:00 | |
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Bitcoin is much closer to gold than to dollar, says Jerome Powell
While Bitcoin and other cryptocurrencies are “not backed by anything,” they are still capable of serving as a “substitute for gold,” Jerome Powell, chairman of the United States Federal Reserve, stated today. дальше »
2021-3-23 03:00 | |
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Fed Chairman Not Interested in Crypto, But Calls Them Substitute To Gold
Federal Reserve Chair Jerome Powell has voiced his opinions related to the cryptocurrency market. Powell speaking at a virtual panel discussion on digital banking, admitted that cryptocurrency was not the U. дальше »
2021-3-23 23:05 | |
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Fed Chairman Jerome Powell Says Bitcoin Is a Substitute for Gold
Federal Reserve Chairman Jerome Powell sees cryptocurrency as a substitute for gold, rather than the dollar. However, he cautioned that crypto assets, including bitcoin, are highly volatile and not useful as a store of value. дальше »
2021-3-23 22:30 | |
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Why FED Chairman thinks Bitcoin is a substitute for gold
In the Bank of International Settlements Innovation Summit, the U.S. Federal Reserve Chairman Jerome Powell referred to cryptocurrencies and their position next to the dollar. For Powell, assets such as Bitcoin present very high fluctuations in their price and have no “underlying valued”, a position familiar to the official: Crypto assets are highly volatile — […] дальше »
2021-3-23 21:54 | |
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Bitcoin Weekly Outlook: Crucial Support Promises $60,000-Breakout
Bitcoin shrugged off a significant week prior as the Federal Reserve, Bank of England, and Bank of Japan declared their interest rate decisions and monetary policy guidance. дальше »
2021-3-22 11:37 | |
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French Firm Launches Euro-Pegged Stablecoin on Tezos (XTZ)
Lugh.io has joined forces with Coinhouse, Societe Generale Bank, and others to launch its euro-backed stablecoin dubbed Lugh (EUR-L). The firm claims the new digital currency will be highly stable and regular audits of its reserve will be done by PwC France and Maghreb, according to a press release on March 18, 2021. Lugh.io UnveilsRead More дальше »
2021-3-20 22:00 | |
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CBDCs to coexist with cash payments, according to FED Chairman Powell
The Committee on Payments and Market Infrastructures conference was held in Basel, Switzerland. One of the main guests was the Chairman of the U.S. Federal Reserve, Jerome Powell. Referring to a report created by the institution he chairs and other banking institutions, Powell said: A recent report from the Bank for International Settlements (BIS) and […] дальше »
2021-3-19 22:00 | |
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Canadian Condo Company Invests in Bitcoin, Hopes to Become ‘Self-Sustaining Real Estate’
A few months ago a trend started where well known businesses like Microstrategy, Square, and Tesla started adding bitcoin to their company balance sheets. Now a Canadian condominium company has decided to invest in bitcoin in order to replace some of the firm’s reserve fund with crypto. дальше »
2021-3-19 18:30 | |
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U.S. Federal Reserve says digital currencies can ‘coexist’ with cash
Jerome Powell, head of the US Federal Reserve, said state-backed digital currencies and official Central Bank Digital Currencies (CBDCs) can function alongside fiat money in the coming years, as per a report on business outlet Bloomberg on Thursday. дальше »
2021-3-20 11:31 | |
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NFT в виде банкнот с изображением Сатоши Накамото выставлены на продажу
В продаже на маркетплейсе OpenSea появились девять NFT в виде стодолларовых банкнот с изображением создателя биткоина Сатоши Накамото. Коллекция названа Federal Reserve System of USA. Ссылки в описании лотов ведут на официальный сайт и Twitter Федеральной резервной системы США. дальше »
2021-3-18 18:47 | |
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Шифф-младший предложил отцу поспорить о росте цены биткоина до $100 000
Биткоин-скептик и сторонник золота Питер Шифф посетовал, что чиновники Федеральной резервной системы (ФРС) США совершенно не разбираются в экономике. The Federal Reserve has tremendous power over the U. дальше »
2021-3-18 18:06 | |
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Доллары с «изображением Сатоши» выставили на продажу в виде NFT
В продаже на маркетплейсе OpenSea появились девять NFT в виде стодолларовых банкнот с изображением Дориана Накамото, которому приписывали создание биткоина. Коллекция названа Federal Reserve System of USA. дальше »
2021-3-18 18:01 | |
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Federal Reserve Chairman Jerome Powell Gives Risky Assets The Green Light to Continue Higher
For Bitcoin, Investment activity isn’t overheated either though a sell-off in traditional markets would weigh heavier on crypto assets, nonetheless. The post Federal Reserve Chairman Jerome Powell Gives Risky Assets The Green Light to Continue Higher first appeared on BitcoinExchangeGuide. дальше »
2021-3-18 16:37 | |
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$60K Bitcoin price back in sight after Morgan Stanley and Fed announcements
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. дальше »
2021-3-18 02:22 | |
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Eerie Fractal Puts Bitcoin At Risk of Testing $47,000; Here’s Why
Bitcoin prices were relatively flat ahead of the New York opening bell Tuesday as traders waited for the Federal Reserve officials’ gathering for a two-day policy meeting. The flagship cryptocurrency slumped 0. дальше »
2021-3-16 17:03 | |
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Internet and Mobile Association of India appeals to the government not to ban Crypto
India has a very interesting and complicated relationship with the cryptocurrency industry. In the past, crypto businesses were prevented from receiving banking services by the Reserve Bank of India. дальше »
2021-3-12 20:57 | |
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