Disappointing U.S. CPI Data Sends Bitcoin Tumbling Below $95K
Both the headline and core rates of inflation rose faster than expected in January. U.S. inflation unexpectedly marched higher in January, sending crypto and traditional…
Tag: Powell
Bitcoin Tops $42K as Crypto Market Recovers to Pre-Terra Levels
Ether also rose past $2,200 for the first time in months. The price of bitcoin (BTC) moved past $42,000 for the first time since April 2022 – a…
Bitcoin Market Sentiment Is Most Bullish in 14 Months With US Jobs Report Due
The cost of holding a bullish long position in perpetual futures tied to bitcoin has jumped to the highest since the dizzy bull market days…
Inflation Is Rampant. Is It Time to Buy Bitcoin?
Bitcoin has shown an increasing tendency to track interest rate hikes, but professional investors still think record-high inflation is fleeting. Inflation has hit its highest…
Fed’s Powell Says Market, as Exemplified by Dogecoin, Is ‘a Bit Frothy’
“You are seeing things in the capital markets that are a bit frothy, that’s a fact,” said Powell. “I won’t say it has nothing to…
Fed Chairman Powell: We Will Engage the Public on the Digital Dollar This Year
“This is going to be an important year,” Powell said of the digital dollar project. Nearly every time an elected official has asked U.S. Federal…
Jerome Powell’s Coming Inflation Speech May Weigh On Dollar and Boost Bitcoin: Analysts
U.S. Federal Reserve Chair Jerome Powell is expected to bolster expectations of inflation during his keynote speech at the Jackson Hole Economic Policy Symposium on…
Bitcoin Price Experiences Sharp Drop After Fed Chair Jerome Powell Threw Cold Water on Crypto in Zurich
Federal Reserve Chairman Jerome Powell said that the central bank is not considering the launch of its own cryptocurrency during a question-and-answer session in Zurich,…
BitLicense Refugees: Kraken, ShapeShift CEOs Talk Escape from New York
If you wanted to hear red-meat rhetoric about New York State’s regulatory approach, a fireside chat Tuesday between two of the cryptocurrency industry’s most outspoken…