Bitcoin (BTC) circled $30,000 on May 18 after fresh comments from the United States Federal Reserve sparked volatility. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Analyst: Extra Fed r...
Tag: Fed
Former US Fed Chair Ben Bernanke Doesn’t See Value in Bitcoin — Here’s Why ⋆ ZyCrypto
Advertisement     Ben Bernanke, former US Fed chair, has said that Bitcoin has failed to meet the requirements of a medium of exchange or store of value. But on the ot...
Are We In A Bear Market? Here’s How To Tell
getty Key takeaways Bear markets occur when prices drop more than 20% from recent highs Bear markets can last a few weeks, months or even years, depending on the cause and underlying economic conditio...
Former Fed chair Bernanke is derogatory on crypto and bitcoin
Ben Bernanke, a predecessor of the current Fed chairman, Jerome Powell, said that bitcoin and other cryptocurrencies were speculative, volatile, and were mostly used for “underground economy activitie...
Former Fed Chairman Says Bitcoin Is For Criminals; Is Unsuccessful As An Alternative Money
According to the former chairman of the U.S. Federal Reserve, Ben Bernanke, cryptocurrencies, including Bitcoin, can never be successful as an alternative money. He believes that the prices are too vo...
Ben Bernanke sees no value in Bitcoin- The Cryptonomist
Ben Bernanke, former Fed Chairman, sees Bitcoin as only useful for illicit uses. Former Fed Chairman Ben Bernanke sees only negative utility in Bitcoin Who knows how many may remember Ben Bernanke, th...
Dow Jumps 400 Points After Powell Says Fed ‘Won’t Hesitate’ To Keep Raising Rates To Combat Inflation
Topline The stock market moved higher on Tuesday in an attempt to bounce back after six consecutive weeks of heavy losses, as investors digested the latest comments from Federal Reserve Chair Jerome P...
Former Fed chair says Bitcoin cannot be used as alternative money
Ben Bernanke, a former chair of the US Federal Reserve, has said that cryptocurrencies, including Bitcoin, cannot be used as an alternative to fiat. Bernanke said that the only use case for Bitcoin wa...
Powell says the Fed will not hesitate to keep raising rates until inflation comes down
Federal Reserve Chairman Jerome Powell emphasized his resolve to get inflation down, saying Tuesday he will back interest rate increases until prices start falling back toward a healthy level. “...
Former Fed Chair slams Bitcoin will not ‘take over as alternate form of money’
In the last few months, there has been a lot of discussion regarding the possibility of using Bitcoin as an alternative form of currency due to the growing prices of energy and food as well as the lar...
Bitcoin Has Failed as an Alternative Money, says Former Fed Chairman
Ben Bernanke – former chairman of the U.S. Federal Reserve – does not believe Bitcoin or other cryptocurrencies can succeed as an alternative money. He claims their prices are too volatile to serve as...
Former Fed Chair Dismisses Bitcoin
Alex Dovbnya Former Fed Chair Ben Bernanke says that Bitcoin will not become alternative form of money During his Monday appearance on CNBC, former Federal Reserve Chairman Ben Bernanke opined that Bi...
Fed Hawkishness May Be Near Its Peak, Even if Inflation Isn’t
Fed Chairman Jerome Powell, shown earlier this month at his postmeeting press conference, says the price pressures need to be reined in even at the expense of economic pain. But how far is he willing ...
Biden ‘Endorsed’ Fed ‘Shock Therapy’—Why The $1 Trillion Bitcoin, Ethereum And Crypto Price Crash Could Be Just Getting Started
Bitcoin BTC and cryptocurrency prices have been hit by an almighty sell-off this month, wiping around $1 trillion from the crypto market since early April—though Elon Musk surprised some by signaling ...
This US Leader Opposes Fed CBDC Roll Out Plan
The plans for introduction of the central bank digital currencies (CBDCs) have been around for some time now. Even as efforts are on in various central banks including the Fed, influential leaders con...
Gold Price Prediction – Gold Prices Face Losses for the Week on Bets of Aggressive Fed Rate Hikes
Key Insights Gold prices continued to decline as yields extended gains. Investors placed bets on the size of upcoming rate hikes. Treasury yields soared as equities rallied. Gold prices declined sharp...
Jerome Powell confirmed again at the helm of the Fed
The US Federal Reserve (Fed) has confirmed the arch-enemy of the cost of money, Jerome Powell, at the helm for another four years. Jerome Powell is still in charge of the Fed, what’s next? Jerome Powe...
Powell could be the next FED chair
Jerome Powell has been confirmed by the U.S. Senate for a second four-year term as Federal Reserve Board (FRB) chair. The vote was 80-19 on could 12, 2022. Powell has been serving as acting chair sinc...
Why the Fed Will Go Back to Easy Money
But in 2009 and beyond, the Obama Administration was thrust into battle with a Republican-controlled Congress. The two sides searched, against all odds, for a bipartisan agreement to back fiscal spend...
Senate Confirms Jerome Powell to Second Term as Fed Chair
Key Takeaways The Senate has approved Jerome Powell to serve another four-year term as Fed chairman. Congress mandates that the Federal Reserve maintain price stability and full employment. While noti...
Powell says he can’t guarantee a ‘soft landing’ as the Fed looks to control inflation
US Federal Reserve Chairman Jerome Powell speaks during a news conference in Washington, DC, on May 4, 2022. Jim Watson | AFP | Getty Images Federal Reserve Chairman Jerome Powell warned Thursday that...
EURUSD And USDJPY Can Reverse Despite An Aggressive Fed
The US Dollar forged an incredible advance heading into the Federal Reserve’s May announcement. The central bank said it would dramatically escalate its monetary policy regime by hiking its benchmark ...
Senate Confirms Fed Chair Jerome Powell To Second Term As Inflation Spikes And Markets Collapse
Topline The Senate on Thursday confirmed President Joe Biden’s appointment of Jerome Powell to a second term as Federal Reserve Chair, solidifying the central bank’s top leadership as it raises ...
Why the Fed wants corporate America to have a hiring freeze: Morning Brief
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Today’s newsletter is by Ethan Wolff-Mann, a...
The Best Dividend For A Bear Market
an approaching brown bear getty The stock market keeps falling and falling because, for the first time in 14 years, there is nobody there to catch it. The “Fed put” has expired. The genesis of the Fed...
US Fed Regulator Soon To Investigate Twitter’s “Delayed Disclosure”
2 hours ago | 2 mins read Bitcoin News Musk seems to have purchased shares without notifying his shareholders. Twitter’s stock surged up to $49.97 after the release of the filing. Tesla CEO Elon Musk ...
The Fed cites its concern about stablecoins in its latest Financial Stability Report
The United States Federal Reserve Board released its semiannual Financial Stability Report on Monday. The report points to the volatility on commodities markets brought on by the Russian invasion of U...
Senate Confirms Lisa Cook As First Black Woman On Fed Board
Topline The Senate confirmed economist Lisa Cook to serve on the Federal Reserve’s Board of Governors in a party-line vote Tuesday evening, after a months-long delay driven by Republican opposition, s...
The stock market is freaking out because of the end of free money. It all has to do with something called ‘the Fed put’
You might have noticed some turbulence in the stock market recently. It took a while to sink in after last week, but investors had a full freak-out from Friday through Monday when they realized just h...
US Lawmakers Push for Urgent Stablecoin Regulation — Fed Warns of Stablecoin Runs, Janet Yellen Cites UST Fiasco – Regulation Bitcoin News
As U.S. lawmakers push for the urgent regulation of stablecoins, the Financial Stability Oversight Council (FSOC) and the Federal Reserve Board warn about the risks of stablecoin runs that threaten th...