2019-11-29 20:05 |
Fed Chairman Jay Powell puts the agency’s economic theories on display in a recent letter to U.S. representatives asking: “What about a USD stablecoin?”
Similar to Notcoin - Blum - Airdrops In 2024
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The U. S. Federal Reserve System (FED) is analyzing the possibility to issue a digital dollar. Although there is nothing confirmed, Jerome Powell, the Chairman of the FED, explained that they are exploring whether it makes sense to issue a Central Bank Digital Currency (CBDC).
2019-11-21 23:49 | |
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Oxford University Press published its recent quarterly report which revealed the term ‘satoshi’ was added to the Oxford English Dictionary (OED) database. The word represents the “smallest monetary unit in the Bitcoin digital payment system,” according to the definition.
2019-10-16 00:25 | |
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Bitcoin prices have jumped 5.9 percent in the past 24 hours, recovering some of the cryptocurrency's losses in recent weeks.
2019-10-10 22:00 | |
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The stock market is juggling a trio of issues comprised of the trade talks, the Fed, and the upcoming third-quarter earnings season. And while it hasn’t been pretty, all three major stock market indices are currently trading in the green.
2019-10-8 21:00 | |
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Ex Federal Reserve senior official, Simon Potter, has rebutted against Mark Carney’s recent suggestion to introduce a digital currency to be used as the global reserve currency for international settlement.
2019-9-26 19:00 | |
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Whenever Bitcoin prices fall off the cliff industry observers scramble to find a reason beyond the technical indicators. Something fundamental must have caused the crash and one industry executive has fingered the FED’s recent market meddling.
2019-9-25 09:00 | |
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The Dow Jones flat-lined on Tuesday as the Federal Reserve began their deliberations for the September interest rate decision. Though markets still fully expect a rate cut, recent economic developments have suggested that Jerome Powell’s easing cycle might not be as aggressive as Dow bulls first thought.
2019-9-18 22:57 | |
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The past week has been quite eventful in the field of cryptocurrency, with the recent tweet by Donald Trump, the U.S president, on Bitcoin a cherry on top of the cake. The president of the free world lashed out at Bitcoin claiming he is “not a fan” of the digital asset and calling for regulation […]
2019-7-15 21:22 | |
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Bitcoin has been incurring significant volatility over the past few days, which is, in many ways, emblematic of the improving market conditions, as BTC surged from year-to-date lows of below $4,000 to recent highs of nearly $14,000.
2019-6-29 01:00 | |
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By CCN: The stock market has officially exited its mid-year slump. The Dow Jones surged more than 500 points on Tuesday. It added more than 200 points to the tally today. The S&P 500, meanwhile, has climbed nearly four percent from its recent low.
2019-6-6 00:35 | |
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By CCN: The Dow Jones lost nearly 1,000 points last week, but the stock market bellwether made a tepid recovery on Monday. At last check, the DJIA had gained 24 points or 0. 1% to climb back to 24,839.
2019-6-4 18:57 | |
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In a recent Tweet, the recognized investor and founder of Galaxy Digital said that economic policies make him more bullish about Bitcoin (BTC) and digital currencies. There are several US leaders, including President Donald Trump and Vice President Michael Pence that suggest that the Federal Reserve (FED) should cut interest rates even further for the […]
2019-5-5 17:55 | |
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By CCN: If you think the Dow Jones Industrial Average has had a good run, you haven’t seen anything yet. President Trump wants to see interest rates slashed by 1%, which has the potential to unleash further gains in an already historic bull market for stocks.
2019-5-1 23:29 | |
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Trump and other world leaders have been named and shamed in the recent Fitch ratings report. Slowing global economic growth coupled with governments’ relentless interventions are eroding central banks’ independence around the world.
2019-4-10 16:00 | |
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Fund manager Travis Kling believes that more people are becoming open to the idea of Bitcoin being a haven from central banks’ “irresponsible” monetary policy. Bitcoin is Becoming a Safe Haven Travis Kling, chief investment officer at Ikigai Asset Management, believes that more people are becoming open to the idea of Bitcoin being a haven from uncertainties in the mainstream market.
2019-4-8 17:00 | |
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As the bitcoin price recovers following a catastrophic bear market, crypto bulls are optimistic that good times lie ahead. Moreover, they predict that the public’s embrace of bitcoin will strengthen over time as they lose faith in the Federal Reserve for its “irresponsible” fiscal policies.
2019-4-5 02:30 | |
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In the most recent issue of the BitMEX newsletter, CEO Arthur Hayes predicts that the $10,000 Bitcoin will return this year. Hayes ties federal reserve inflation rates to the last bull run in Bitcoin, and thinks the Fed’s recent decision to halt interest rate hikes will predicate the next one.
2019-3-23 20:30 | |
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The party may be over for automated trend-following trading strategies on Wall Street. As a recent report by Bloomberg highlights, the once legendarily profitable investment systems run on computers by hedge fund managers have lost their edge.
2019-3-4 18:53 | |
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In a recent interview, the renowned female economist Janet Yellen was critical of US President Donald Trump’s economic prowess. Yellen says Trump demonstrates a “lack of understanding” as she prepares to become president-elect of the American Economic Association.
2019-2-26 09:39 | |
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“We’re human, we make mistakes,” Fed chairman Jerome Powell said last month in what some are calling the biggest u-turn in recent decades. “The Fed is stepping back from raising.
2019-2-11 16:22 | |
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According to the St. Louis Fed, altcoins are harming Bitcoin’s price and its market dominance. In a recent report released by David Andolfatto and Andrew Spewak, they mention that altcoins could harm Bitcoin’s future growth.
2019-1-13 22:31 | |
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Going by the recent development in the US banking sector, that has seen the US Fed Reserve, the central bank of US raise interest rate the fourth time in 2018, which many believe could lead to a recession in the US and a global recession by 2019, former IMF economist, who also was a former […] The post Bitcoin Proponent Ron Paul: ‘Tax free Bitcoin and crypto will prevent next Fed-created recession’ appeared first on ZyCrypto.
2018-12-21 14:15 | |
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How To Feed Chickens Using Bitcoin Cash Coinbase co-founder, Brian Armstrong, recently caused a stir on Twitter when he posted that he fed chickens using cryptocurrencies. Indeed, a recent live stream aired on Twitch demonstrated how Bitcoin Cash users can feed chicken using zero-confirmation transactions. So far, the video has had over 11,000 views. This […]
2018-11-7 02:46 | |
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US stock markets have landed in hot waters. October 2018 has witnessed the worst stock market performance since 1987. While some crypto pundits claim that the bad performance of stocks could lead to the eventual rise of cryptocurrencies, the former chair of the US Federal Reserve Janet Yellen thinks otherwise.
2018-11-1 20:29 | |
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Former U. S. Presidential candidate Ron Paul has published an article advising against taxation on cryptocurrencies and precious metals in order to avoid a looming financial crisis. Paul is hard-hitting in his article and goes as far as calling the US Federal Reserve’s recent increase in interest rates a “crazy” idea.
2018-10-31 19:59 | |
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Industry leaders Ivan Soto-Wright, CEO of MoonPay, and Nancy Beaton of Uphold highlight stablecoins as a transformative 'killer use case' for the crypto industry.
Hong Kong presents a stablecoin bill to solidify its digital asset regulatory framework. At a legislative council meeting on Dec. 18, Christopher Hui, Hong Kong’s Secretary for Financial Services and the Treasury, presented a stablecoin bill in its second reading.…
BVNK, a stablecoin infrastructure platform founded in 2021, has announced it raised $50 million in its Series B funding round. The platform plans to use the funding to drive the next phase of its business growth, it said in a…
Ripple’s stablecoin RLUSD is live on major crypto exchanges, the U.S.-based crypto company has announced. The launch of the Ripple USD (RLUSD) stablecoin follows the official announcement of its highly anticipated unveiling on December 16. In that communication, Ripple stated…
Ripple’s U.S. dollar stablecoin will become available on the XRP Ledger and Ethereum blockchain starting Tuesday, Dec. 17.
Ethena Labs has introduced a new stablecoin, USDtb, backed by BlackRock’s USD Institutional Digital Liquidity Fund. USDtb operates similarly to other popular fiat-backed stablecoins like USD Coin (USDC) and Tether (USDT), with reserves held in cash or cash-equivalent assets at…
The Bank of England’s Prudential Regulation Authority has issued a data request asking firms to disclose their current and planned exposures to “cryptoassets.” The statement requested firms to disclose their current and expected future “cryptoasset exposures” and to explain their…