Search Results for "fed"
Bitcoin Less Risky than Cash or Gold says MicroStrategy CEO Michael Saylor
Michael Saylor, CEO of MicroStrategy says Bitcoin is less risky than gold and cash and said the firm would not hesitate to dump the BTC portfolio if they had to.
Japan Aims to Curb the Potential Influence of China’s Digital Currency With Help From the US
Aiming to curb the potential influence of China’s digital currency electronic payment, its nation’s central bank digital currency, Japan is looking to release its own digital currency proposals today. According to Prime Minister Shinzo Abe, the country is also requesting support from the US Federal Reserve.
Gold Prices Rally Higher While Bitcoin Fails to Reach $11,000, What’s Next for BTC?
While gold prices have recorded an all-time high this year, surpassing $2,000 per ounce, prices have dipped again lately.
Janet Yellen says Crypto Terrorist Financing is a Concern Following Attacks on US Capitol
Janet Yellen highlighted the “growing concern” of crypto being leveraged to finance terror just weeks after the US Capitol was attacked by domestic terrorists paid in BTC.
Bloomberg Predicts Bitcoin Price to Surge Past $20,000 in 2020, Doubling Last Year’s High
Bloomberg predicted in its recent report that Bitcoin’s price in 2020 could reach double of last year’s high of $14,000. It further suggested that adoption is the primary Bitcoin metric, and Bloomberg takes a positive outlook on this end. Bitcoin’s price has seen a 60% decline in 2014, and at the end of 2016, Bitcoin matched the peak in 2013. If Bitcoin chooses to follow the same trend as 2016, with a 75% decline in 2018, Bitcoin is headed towards $20,000, according to Bloomberg.
Facebook and Calibra Head David Marcus: What Problems Would Wholesale CBDCs Even Solve?
During a panel discussion at the World Economic Forum which included the topic of Central Bank Digital Currencies (CBDCs), David Marcus, Head of Calibra, highlighted that digital currencies are the key to innovate cross-border payments and solve the issues of the unbanked—regardless of if that digital currency is Libra or not.
April 30: Will Leveraged $$ Bite Time Time?
Bitcoin heading to the moon today, up almost 20% over the past 24 hours. If you're new to cryptocurrency, welcome to volatility.
April 21: Essential Oil No More
Trading Crypto with Eugene is a series of daily commentary of market analysis and trading advice shared by Eugene Ng of Matrixport, a veteran trader with 10 years of experience in top-tier global investment banks. Hope you find it helpful.
Fed Chair Powell Says Central Bank Will Engage with US Lawmakers On Digital Dollar
Federal Reserve Chair Jerome Powell says it will be up to United States lawmakers whether or not to bring a digital dollar to the market.
June 1: Sell in May Postponed to Sell in June?
For the past few weeks, there have been quite a bit of talk/shill/promoting of ETH and I think largely driven by a combination of factors that I've described earlier (i.e. growing daily active addresses, more than 60 bil gas being used, $7bn in stablecoins and Greyscale's ETH demand). Other protocol tokens such as Cardano, Zilliqa and NEO also followed the ETH move, albeit less exaggerated.
Fed Chairman Powell Says Central Bank Digital Currency Would Need to Coexist with Traditional Cash
While speaking at a virtual payments conference hosted by the Basel Committee on banking supervision, Federal Reserve Chairman Jerome Powell said that central bank digital currencies would need to be complementary to physical cash.
Former Fed Chair Janet Yellen Confirmed in Senate as new US Treasury Secretary
After being nominated by President Joe Biden, the United States Senate has now confirmed former Federal Reserve Chair Janet Yellen to serve as Treasury Security.