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Tag: Federal Reserve Chairman

The United States Might Need to Ban Crypto, Says Banking Committee Chief

U.S. Senator and chairman of the Senate Banking Committee, Sherrod Brown (D-OH), spoke on Sunday about what actions regulators need to take after...

Federal Reserve Hikes Rate by 50bps, FOMC Signals Rate to Rise to 5.1% Next Year

The U.S. central bank’s Federal Open Market Committee (FOMC) convened on Wednesday and raised the federal funds rate by 50 basis points (bps)....

Two US Senators Demand Answers From US Regulators on Banking Sector’s Exposure to Crypto

US Senators Elizabeth Warren and Tina Smith are demanding answers from a group of top US regulators about the banking sector’s exposure to crypto...

Billionaire Predicts Bitcoin ($BTC) Price Will Rally 1,400% to $250,000 Next Year

Billionaire investor Tim Draper, the founder of Draper Associates and one of Silicon Valley-s best-known investors, has doubled down on his $250,000 Bitcoin ($BTC)...

Markets Rally After Powell Hints At Smaller Interest Rate Hikes

Bitcoin and Ether Hit Three-Week Highs Crypto markets rallied this week after US Federal Reserve Chairman Jerome Powell hinted that the next rate hike would...

Billionaire Mike Novogratz Predicts Bitcoin Will Explode by Over 2,800% – But There’s a Catch

Galaxy Digital founder and CEO Mike Novogratz is predicting a meteoric ascent for Bitcoin (BTC) that could push the value of the king crypto...

Will Bitcoin (BTC) See A Christmas Rally? Here’s What To Watch

After the recent speech by US Federal Reserve chairman Jerome Powell, there was a price firework on the stock market, from which Bitcoin also...

US Institutional Investors Flocking Back To Bitcoin – Is The Bottom In?

The Bitcoin price has seen a minor rally after yesterday’s speech by US Federal Reserve chairman Jerome Powell. The price rose above $17,000, driven...

Fed Chair Jerome Powell Updates Work on Digital Dollar — Says US Central Bank Digital Currency Will Take ‘at Least a Couple of Years’

Federal Reserve Chairman Jerome Powell says the U.S. central bank is looking at whether to issue a digital dollar with a “very broad scope.”...

Fed Chair Powell Sees ‘Real Need’ for More Appropriate Defi Regulation Citing ‘Very Significant Structural Issues’

Federal Reserve Chairman Jerome Powell says decentralized finance (defi) has “very significant structural issues,” emphasizing a “real need” for more appropriate regulation of the...

IMF Expects US Economy to Experience High Inflation for at Least Another Year or Two

The International Monetary Fund (IMF) expects the U.S. economy to experience high inflation for at least another year or two. “I would be careful...

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