Yellen – DIGIT INFO

Treasury Secretary Yellen Refutes Economist Nouriel Roubini’s Allegations of Financial Manipulation

DIGIT — Sat, 27 Jul 2024 23:03:09 +0000

U.S. Treasury Secretary Janet Yellen has denied claims by economist Nouriel Roubini and former Trump administration official Stephen Miran that the Treasury manipulated the issuance of securities to lower real borrowing costs. Yellen assured in a Bloomberg interview that no such strategy had ever been discussed or implemented. Roubini and Miran’s paper argued that Treasury […]

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Bitcoin futures data highlight investors’ bullish view, but there’s a catch

DIGIT — Tue, 31 Oct 2023 21:00:11 +0000

The stars are lining up for Bitcoin price, but a few major price threats remain in play.

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Bitcoin options: How to play it when BTC price moves up or down 10%

DIGIT — Mon, 08 May 2023 12:10:25 +0000

A perfect storm is forming for higher volatility. Learn how to profit from BTC price moves on either side.

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‘Fiat Is Fragile’ — Silicon Valley Bank’s Collapse Sparks Finger-Pointing and Concerns of Contagion

DIGIT — Sat, 11 Mar 2023 20:30:15 +0000

Silicon Valley Bank (SVB) has become the center of attention after its collapse prompted the U.S. Federal Deposit Insurance Corporation (FDIC) to shut the bank down on Friday. It was the largest U.S. bank failure since 2008, and various alleged catalysts have been pointed to. Some believe venture capitalists caused a bank run, while others […]

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Derivatives data highlights crypto traders’ positive sentiment and belief in further upside

DIGIT — Tue, 28 Feb 2023 19:06:14 +0000

A 5.5% weekly decline in the total crypto market capitalization might have sucked the wind out of some altcoins, but it has done little to alter traders’ bullish point-of-view.

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Treasury Secretary Yellen Urges Swift Action to Increase Spending Limit, Avert Default on US Obligations

DIGIT — Sat, 14 Jan 2023 19:30:02 +0000

Janet Yellen, the U.S. secretary of the Treasury, sent a letter to Congress on Friday urging lawmakers to increase the spending limit. Yellen stressed that the country would reach its statutory debt limit on Jan. 19, 2023. She warned that “failure to meet the government’s obligations would cause irreparable harm to the U.S. economy, the […]

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Indicted FTX Co-Founder Sam Bankman-Fried Discussed ‘Pandemic Prevention’ With Biden Administration Officials

DIGIT — Wed, 04 Jan 2023 18:30:14 +0000

According to public filings, former crypto billionaire and FTX co-founder Sam Bankman-Fried met with senior Biden administration officials before he was indicted for financial fraud. When asked about the visits, White House press secretary Karine Jean-Pierre told the press the meetings involved discussions about “pandemic prevention.” Senior White House Staff Met With Former Billionaire Sam […]

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Bitcoin derivatives data suggests bears will pin BTC below $21K leading in Friday’s options expiry

DIGIT — Thu, 14 Jul 2022 18:36:38 +0000

Bitcoin’s failure to break above $22,000 on July 8 opened room for bears to score a $100 million profit in this week’s options expiry.

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Yellen Downplays Stimulus Contributing to Inflation, Republicans Grill US Treasury Secretary’s Decisions

DIGIT — Thu, 09 Jun 2022 14:30:00 +0000

U.S. Treasury secretary Janet Yellen doesn’t think inflationary pressures stem from the stimulus policies enacted after the Covid-19 outbreak. While speaking to lawmakers on Wednesday, during the House Ways and Means Committee, Republicans criticized Yellen for not knowing about the risks of inflation. A U.S. senator from Wyoming questioned the Treasury secretary’s “pronouncements and decisions” […]

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Bitcoin and Ethereum had a rough week, but derivatives data reveals a silver lining

DIGIT — Fri, 13 May 2022 20:30:00 +0000

BTC, ETH and altcoin prices were crushed this week, but the futures funding rate shows retail traders are not ready to become permabears.

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