Fed still undecided about digital dollar, says Chair Jerome Powell
The United States Federal Reserve is still evaluating the prospects of introducing a digital currency for the country but says it has not yet decided on the matter. Speaking at …
Crypto markets soar after Fed commits to printing and Evergrande plans to pay its debt
The cryptocurrency ecosystem is showing signs of a recovery on Sept. 22 following a 48-hour corrective stint which saw Bitcoin and altcoins sell-off to their swing lows. Equities and crypto …
Bitcoin extends slide below $43K as Binance’s BTC stash grows to May-crash levels
Despite Bitcoin (BTC) dropping below $43,000 mark on Sept. 20, the amount of BTC on exchanges has continued its downtrend, particularly on Coinbase Pro. BTC/USD 4-hour candle chart, Coinbase. Source: TradingView.com …
Bitcoin jumps toward $49K amid fears 5%-plus inflation is here to stay
Bitcoin (BTC) inched higher on Sept. 18 as the focus shifted to the Federal Open Market Committee’s (FOMC) policy meeting in the wake of lower inflation numbers last Tuesday. The …
CBDCs could lead to ‘deeply negative interest rates’: Wall Street Journal
According to the Wall Street Journal, central bank digital currencies (CBDCs) could actually negatively impact interest rates by giving policymakers an additional tool. A Sept. 8 article authored by senior …
Which stablecoins were actually ‘stable’ during this week’s sudden Bitcoin price crash?
A sharp sell-off across the cryptocurrency market Tuesday—that saw top tokens like Bitcoin (BTC), Ether (ETH), Cardano (ADA), and Solana (SOL) fall by double-digital percentages—created a venue for stablecoins to …
Gold, bond portfolios are ‘naked’ without Bitcoin, Bloomberg strategist asserts
What is protecting an investment portfolio from potential stock market volatility? As per Bloomberg Intelligence’s Mike McGlone, a merged exposure of Bitcoin (BTC), gold, and government bonds. The senior commodity …
Bitcoin price overcomes $50K, stocks slide after disappointing US jobs report
The S&P 500 slid to the intraday highs of Sept. 2 while Bitcoin (BTC) climbed to its highest levels in more than three months. The moves came as a key …
Bitcoin weekly outlook: Why a $50K-retest is likely ahead of Friday’s US jobs data
The heavy selling in the U.S. dollar market at the end of last week assisted Bitcoin (BTC) to climb above $49,000. However, BTC struggled to extend its climb above $50,000, …
Bitcoin slides with S&P500 as Fed signals tapering $120B monthly bond purchases
Bitcoin (BTC) prices briefly fell below $44,000 on Aug. 19 as the United States Dollar strengthened after the Federal Reserve policy minutes revealed their intentions to limit their bond-purchasing program …