Federal Reserve Chairman Jerome Powell Says Cryptocurrencies Are ‘Vehicles for Speculation’
The Federal Reserve chairman believes that cryptocurrencies are “really vehicles for speculation” and “No one is using them for payments.” He then compared crypto to gold. His comments about...
Monetary Stability: The IMF and Fed Chair Jerome Powell Discuss Digital Currency Implications
On Monday, the International Monetary Fund (IMF) published a report on crypto assets like central bank digital currencies (CBDCs) and global stablecoins (GSCs). Moreover, the IMF also hosted a...
Bitcoin Worth Will Not Hit New Lows, Says Main Crypto Analyst
Bitcoinist Senior Analyst, FilbFilb, believes that the fundamental rule of provide and demand will stop Bitcoin from dropping to a brand new 2019 low.
FUD to Drive Bitcoin to...
Bitcoin And Crypto Weekly Preview: 5 Must-Watch Events
In this week’s preview, we delve into five key events that are poised to shape the Bitcoin and crypto market. From Bitcoin’s price trajectory eyeing the $38,000 mark to...
Fed Chairman Powell: Bitcoin Is A Retailer of Worth Like Gold
Cryptocurrencies took the middle stage once more throughout Federal Reserve Chairman Jerome Powell’s second day of testimony earlier than the U.S. Senate. Right this moment, lawmakers expressed their issues...
Fed Chairman Claims ‘Now Is Not the Time’ to Worry About the Federal Budget
According to the Federal Reserve Chairman, Jerome Powell, the road to economic recovery is far from over and the Covid-19 pandemic has fueled the tragedy. During his speech at...
Wells Fargo Gained’t Permit Clients To Purchase Bitcoin
Wells Fargo, an enormous conventional financial institution based in 1852 to supply banking companies, and mail supply by means of the Pony Categorical, has not too long ago come...