Bitcoin and Privacy Coins Climb Amid Trump-Powell Standoff
On January 11 the crypto market turned higher after Fed chair Jerome Powell said the central bank faced pressure from U.S. president Donald Trump.Jerome Powell is the Chair of the Federal Reserve of the United States.
Bitcoin and Privacy Coins Climb Amid Trump-Powell Standoff
On January 11 the crypto market turned higher after Fed chair Jerome Powell said the central bank faced pressure from U.S. president Donald Trump.
Fed Chair Backs Stablecoin Regulation in the US
Federal Reserve Chair Jerome Powell has expressed support for cryptocurrency bills currently under consideration by Congress. He stated that the country requires a regulatory framework for stablecoins. JUST IN: #Fed Chair #Powell says it’s “a great thing” that #stablecoin bills are moving forward. Adds: “We need a stablecoin framework.” https://t.co/knxhr4OVlm pic.twitter.com/hLsPKF28VJ — Roundtable Network (@RTB_io) […]
Donald Trump Calls for Federal Reserve Chair’s Resignation
US President Donald Trump launched a scathing critique of Federal Reserve Chair Fed Jerome Powell, urging his dismissal over the slow reduction of the key interest rate. Source: Trust Social. The head of state made his comments a day after Powell confirmed the central bank’s cautious and patient policy. He referred to the “massive tariffs” […]
Federal Reserve Considers Easing Cryptocurrency Restrictions for Banks
Regulators may “ease” requirements related to digital assets for financial institutions in the future, according to Jerome Powell, Chairman of the Federal Reserve. The official mentioned a “wave of failures and fraud” in the sector in recent years but noted the industry’s shift towards the “mainstream.” “We have taken a fairly conservative view. Other regulators […]
Fed Chair Dismisses Idea of US Bitcoin Reserve
Jerome Powell, Chairman of the Federal Reserve, indicated that the institution is not interested in establishing a national bitcoin reserve. Following the statement, the cryptocurrency’s price barely held the $100,000 level. On December 18, the Federal Reserve announced a reduction in the key interest rate by 25 basis points, bringing it to 4.25-4.5% per annum. […]
Jerome Powell Compares Bitcoin to Gold
The Chairman of the United States Federal Reserve, Jerome Powell, regards Bitcoin as a speculative asset, akin to gold. The official made this statement on November 4 at the DealBook summit. BREAKING: ?? Fed Chair Jerome Powell says #Bitcoin is a competitor to gold, not the US dollar. pic.twitter.com/YQHFiThTBo — Bitcoin Magazine (@BitcoinMagazine) December 4, […]
Bitcoin’s Reaction to Powell’s Speech and Growth Signals
During a speech in Jackson Hole, Wyoming, Federal Reserve Chairman Jerome Powell stated that “the time has come to lower the rate.” The pace of monetary policy easing will depend on economic indicators. The next meeting is scheduled for September 18. Market participants anticipate a rate cut of 0.25% with a probability of 67.5%, and […]
Bitcoin Rallies Following Fed Chair’s Remarks
The price of the leading cryptocurrency climbed back above $59,000 following a speech by Federal Reserve Chair Jerome Powell in the Senate. Bitcoin’s value rose by 3.3% over the past day. The market capitalization increased by 2.5%, reaching $2.23 billion. Data: CoinGecko. Ethereum’s price exceeded $3100. Despite a 7.6% decline over the past week, it […]
Citi Predicts Fed Rate Cuts to Begin in September
Starting in September and continuing for the next seven consecutive meetings until July 2025, the Federal Reserve will reduce the key rate eight times by 25 basis points each, totaling a 2% decrease. This was stated by Citi analysts, according to Fortune. Subsequently, the regulator will maintain the key rate at 3.25% until the end […]
Federal Reserve Chair: Digital Dollar Will Not Be a Surveillance Tool
The Federal Reserve is not ready to launch a digital dollar and is not interested in a form that would allow for citizen surveillance. This was stated by the head of the regulator, Jerome Powell, during hearings in the U.S. Senate. “I want to say that we are far from recommending or, even more so, […]We use cookies to improve the quality of our service.
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