I never thought I’d see a high-ranking politician stand up and declare, “I like bitcoin.” But that’s exactly what just happened. House Minority Leader Kevin McCarthy practically sung bitcoin’s praises…
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When Donald Trump unleashed a savage bitcoin takedown on Twitter last week, a weird thing happened. Traders shrugged. If anything, the bitcoin price went up a little. Donald Trump, 45th…
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Just five years ago, Bitcoin (BTC) being mentioned by some of the biggest names in finance and politics was a quixotic dream. Now, this dream is coming to a reality.Ever…
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Let’s be clear: It was not the substance of Donald Trump’s tweet that made his critique of bitcoin and Libra so important last week. It should be of no surprise…
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President Trump’s recent Bitcoin tweet might make cryptocurrency a discussion point for the 2020 election and crypto investors think this is a good thing. Let’s Talk About Bitcoin 2020 Thanks…
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Wells Fargo, a huge traditional bank founded in 1852 to provide banking services, and mail delivery through the Pony Express, has recently come out stating that it does not allow…
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Federal Reserve Chairman Jerome Powell said he can envision a return to an era where multiple currencies are in use in the United States. During Powell’s testimony before the Senate…
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In a remarkable admission during his testimony to Congress, Federal Reserve Chair Jerome Powell admitted that bitcoin is used as an alternative to gold, conceding that BTC is a store…
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Cryptocurrencies took the center stage again during Federal Reserve Chairman Jerome Powell’s second day of testimony before the U.S. Senate. Today, lawmakers expressed their concerns about the threat that bitcoin…
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Monetary policy may or may not have a direct impact on bitcoin, but the US Federal Reserve’s dovish pivot is helping gold regain a bit of shine from its digital…
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Cryptocurrencies have recovered from losses incurred a week ago, with many digital assets up 50-80% since July 2. For instance, eight days ago bitcoin core (BTC) tumbled to $9,650 and…
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The head of the U.S. central bank believes Facebook should not be allowed to launch its Libra cryptocurrency until the company details how it will handle a number of regulatory…
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After grilling Federal Reserve Chairman Jerome Powell on Capitol Hill about his agency’s response to Facebook‘s Libra “cryptocurrency,” US Representative Maxine Waters finished her questioning by asking the central banker…
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The Dow executed a sudden recovery on Wednesday after Federal Reserve Chair Jerome Powell appeared to signal that the US central bank will capitulate to Wall Street’s rabid desire –…
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Dow Jones futures point to another weak open on Wall Street on Wednesday. As Federal Reserve chairman Jerome Powell prepares his speech to Congress, a crucial recession light is flashing…
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The Dow stumbled toward a third straight loss on Tuesday as Wall Street braced for Federal Reserve Chair Jerome Powell to initiate a painful U-turn on interest rate policy. Dow…
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Dow Jones futures traded higher on Wednesday as Trump aims to stack the Federal Reserve in his favor. In a series of tweets last night, he revealed his picks for…
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President Donald Trump took a swipe at the Federal Reserve Chairman this week, saying Jerome Powell’s rush to raise interest rates hampered an economy that didn’t need tightening. Draghi, Not…
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Sure, he couched it in the painfully-sanitized Fedspeak one expects from the US central bank, but Federal Reserve Chair Jerome Powell just flashed President Trump – and stock market bulls…
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Published: 19/06/2019 17:50 EST. Journalist: By CCN Markets: Federal Reserve members held discussions with Facebook over the company’s Libra project. According to Federal Reserve Chairman Jay Powell during today’s press…
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Published: 19/06/2019 16:05 EST. Journalist: By CCN Markets: The Dow Jones Industrial Average was meandering in and out of positive territory as investors digested a fascinating Federal Reserve meeting. In…
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Jerome Powell, chairman of the U.S. Federal Reserve, said Wednesday that social media giant Facebook met with the central bank in the run-up to the reveal of its Libra cryptocurrency.…
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Bitcoin is going to benefit from the growing distrust between the US President Donald Trump and Federal Reserve Chairman Jerome Powell, believes Mr. Michael Novogratz of Galaxy Digital, LLC.The billionaire…
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Published: 17/06/2019 15:30 EST By CCN Markets: The Dow and broader U.S. stock market rose on Monday, as investors shifted focus to a high-profile central-bank meeting that could lay the…
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By CCN: The Dow and broader U.S. stock market extended their winning streaks on Thursday, as Federal Reserve officials began preparations for a high stakes policy meeting later this month.…
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By CCN: The Dow and broader U.S. stock market extended their relief rally on Wednesday, as traders continued to raise bets that the Federal Reserve will cut interest rates following…
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By CCN: Fed Chairman Jerome Powell isn’t about to let the stock market crumble on his watch. The Dow took the hint, responding positively to Powell’s measured opening address during…
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By CCN: The Dow and broader U.S. stock market rebounded sharply on Tuesday after Federal Reserve Chairman Jerome Powell more or less laid the groundwork for rate cuts in the…
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By CCN: The Dow floundered on Thursday as the US stock market struggled to mount a convincing recovery from Wednesday’s triple-digit pullback. Meanwhile, the Federal Reserve continues to flex its…
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By CCN: It’s easy to see why the stock market-obsessed presidency of Donald Trump doesn’t like what Jerome Powell is doing. The Federal Reserve chairman has hurt the performance of…
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