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Federal Reserve

News

Republican Kevin McCarthy says Fed chair needs more education on crypto

Kevin McCarthy, the minority leader in the U.S. House of Representatives, hinted that both the current Secretary of the Treasury and chair of the Federal Reserve may need to reevaluate …

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Bitcoin price bounces at $50K amid 4-month highs for DXY

Bitcoin (BTC) fell to its lowest level since March 8 on Thursday as U.S. dollar strength added to selling pressure near $60,000. BTC/USD 1-day candle chart (Bitstamp). Source: Tradingview BTC …

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Bitcoin is ‘more a substitute for gold than the dollar’ — Fed Chair Powell

While Bitcoin (BTC) is too volatile to be money and “backed by nothing,” it could be a “substitute for gold,” says the Chair of the United States Federal Reserve. Speaking …

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Bitcoin’s new use case? A report card for how the US handles the dollar

Throughout the middle of March, many Americans received stimulus checks from the government, and while the payments — $1,400 for every U.S. citizen earning less than $80,000 annually — will …

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CBDCs won’t entirely replace cash if the US Fed gets its way

Many expect that a time could soon come when central bank digital currencies, or CBDCs, replace physical dollars once and for all. Comments from U.S. Federal Reserve Chairman Jerome Powell, …

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$60K meets whale sellers: 5 things to watch in Bitcoin this week

Bitcoin (BTC) begins a new week riding high near record price levels — can it sustain the gains much longer? After a roaring weekend, the largest cryptocurrency is seeing mixed …

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Law Decoded: Loose ends and long dramas, Feb. 19–26

Every Friday, Law Decoded delivers analysis on the week’s critical stories in the realms of policy, regulation and law. Editor’s note One day in the not-so-distant future, the curious experience …

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Fed chair says it’s up to Congress to bring a digital dollar to market

Federal Reserve chair Jerome Powell said 2021 will likely have the central bank engaging with the public and lawmakers regarding the digital dollar. In a House Financial Services Committee hearing …

News

Bitcoin prints biggest hourly candle in history after BTC rebounds strongly to $54K

Bitcoin (BTC) fell below $50,000 on Feb. 22 as a correction gathered pace at Wall St. opening to deliver 20% daily losses prior to a strong response from the bulls.  …

News

People don’t want a ‘non-uniform currency’ like Bitcoin, says Fed president

James Bullard, president of the Federal Reserve Bank of St. Louis, seemingly doesn’t understand why many are looking to cryptocurrency as a medium of exchange instead of a uniform currency …

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Recent Posts

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  • DOGE soars 80% on the day to become 10th largest crypto by market cap
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