Biden Admin weighing bank-like regulation for stablecoin issuers
The United States government appears keen to tame the rapidly growing stablecoin market, according to reports. Go to Source Powered by WPeMatico
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3 factors that can send Ethereum price to 100% gains in Q4
The three bullish indicators converge as Ethereum’s native token Ether climbs over 9% Friday to cross $3,000, its psychological resistance level. Go to Source Powered by WPeMatico
Bitcoin history repeating? 3 indicators suggest October will reignite the BTC bull market
The flagship cryptocurrency has closed October in profits seven out of nine times since 2013, raising hopes that it would be able to log a fractal bull run in the next 31 days. Go to Source Powered by WPeMatico
Global CBDC bridge needs public and private cooperation, says BIS
Cooperation between public and private sectors would be vital for a global CBDC system, says a new joint report. Go to Source Powered by WPeMatico
Bitcoin price eyes $50K as the US Dollar retreats after hitting its one-year high
Rising jobless claims in the U.S. sparked selloffs in the dollar market. On the other hand, Bitcoin held onto its intraday gains. Go to Source Powered by WPeMatico
Fed’s Powell has no intent to ban Bitcoin or crypto
Powell testified before the House Financial Services Committee on Thursday on matters related to the economy and the Covid-19 pandemic. Go to Source Powered by WPeMatico
Fed Chair Says US Inflation ‘More Enduring Than Anticipated’ — Strategist Predicts 10% Market Correction
Americans are not only worried about future inflation, but they are also dealing with dwindling purchasing power in real-time. Meanwhile, on Thursday, Federal Reserve chairman Jerome Powell plans to address the Senate Banking Committee and discuss inflation. In the remarks pre-published from Powell’s speech, the Fed chair noted that the recent inflation spike may last … Read more
Digital dollar advocate will retire as Dallas Fed president
At a November 2020 virtual conference, Rob Kaplan said “it is critical that the Fed focuses on developing a digital currency in the coming months and years.” Go to Source Powered by WPeMatico
Fed still undecided about digital dollar, says Chair Jerome Powell
Fed Chair Jerome Powell says there is no pressure to rush any central bank digital currency development plans. Go to Source Powered by WPeMatico
Crypto markets soar after Fed commits to printing and Evergrande plans to pay its debt
The crypto market staged a roaring comeback after Evergrande makes a deal to pay its debts and the Fed signals a continuation of its current monetary policy. Go to Source Powered by WPeMatico
