Can Bitcoin break out vs. tech stocks again? Nasdaq decoupling paints $100K target
Bitcoin’s growth has quickly outpaced Nasdaq’s in the past ten years. Go to Source Powered by WPeMatico
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Fed’s Lael Brainard hints at US playing a lead role in development of CBDCs
“A U.S. CBDC may be one potential way to ensure that people around the world who use the dollar can continue to rely on the strength and safety of U.S. currency to transact and conduct business,” said the prospective Fed vice chair. Go to Source Powered by WPeMatico
Fed senior officials will soon not be allowed to trade crypto, stocks, and bonds
The rules were intended to “support public confidence in the impartiality and integrity of the Committee’s work by guarding against even the appearance of any conflict of interest.” Go to Source Powered by WPeMatico
US Senator Lummis Thinks ‘Bitcoin Is Something That the Fed Should Hold on Its Balance Sheet’
Cynthia Lummis, the U.S. Republican senator from Wyoming, believes the Federal Reserve should consider holding bitcoin on its balance sheet. Speaking on the Orrin G. Hatch Foundation’s crypto webinar panel, Lummis said that once a regulatory policy is in place it “will make a lot of sense.” Former Federal Reserve Vice Chairman Believes Crypto Perspectives … Read more
Crypto ‘best place’ to store wealth during Fed rate hike: Pantera CEO
“I think when all’s said and done, investors will be given a choice: they have to invest in something, and if rates are rising, blockchain is going to be the most relatively attractive,” said Dan Morehead. Go to Source Powered by WPeMatico
Bitcoin extends decline below $42K ahead of fresh Fed comments on inflation
Short-term Bitcoin price action looks unappetizing thanks to a macro cocktail of downward triggers. Go to Source Powered by WPeMatico
Bitcoin ‘whales’ and ‘fishes’ pause accumulation as markets weigh March 50bps hike odds
If Bitcoin benefited from quantitative easing, will it be hurt by quantitative tightening? Go to Source Powered by WPeMatico
Bitcoin briefly dips below $43K as Fed says rate hike ‘soon appropriate’
The odds are on for a March rate increase after Wednesday’s FOMC minutes, but stocks also fear geopolitical instability this week. Go to Source Powered by WPeMatico
Bitcoin price is ‘likely starting the next push up’ if $42K holds as support
Multiple technical indicators suggest that BTC is preparing for a breakout, despite concerns about rising inflation and conflict in Ukraine. Go to Source Powered by WPeMatico
US Senate Banking Chief Criticizes Super Bowl Crypto Ads, Claims ‘Big Crypto Companies Are Desperate’
The United States senator from Ohio and Senate Banking Committee chief Sherrod Brown is not a fan of cryptocurrencies. This week during Tuesday’s stablecoin hearing, Brown criticized all the cryptocurrency companies who advertised during the Super Bowl this past weekend and stressed that he’s “never seen the Federal Reserve buy a multimillion-dollar commercial for U.S. … Read more
