jerome powell Archives

Crypto Mass Exit Yet to Begin as Fed Governors Back Rate Cuts: All Eyes on Powell

Bitcoin remains steady as rate cut speculation grows and macro signals hint at a market cooling phase.

Powell Backs Stablecoin Regulation as Circle Pursues US Bank Charter After $18B IPO

Cryptocurrency News, News

By Parshwa Turakhiya Jul 1, 2025

Federal Reserve Chair Jerome Powell announced the US is advancing stablecoin regulatory framework development, while Circle formally applied for a national trust bank license following its $18 billion IPO.

US CPI, Easing Inflation to Push Bitcoin and Altcoins Higher?

Altcoin News, Bitcoin News, Cryptocurrency News, News, Story of the Day

By Bhushan Akolkar Feb 12, 2025

Market analysts are closely watching the January US CPI report wherein a lower-than-expected inflation print could trigger a recovery in Bitcoin and altcoins.

Blockchain News, Cryptocurrency News, News

Federal Reserve Chair Jerome Powell Confirms No Plans For US CBDC During His Tenure

By Steve Muchoki Feb 12, 2025

Fed Chair Powell ruled out a US CBDC under his tenure, backing the Trump administration’s push for stablecoins over digital fiat.

Bitcoin News, Cryptocurrency News, News

Fed Chair Powell Labels Bitcoin ‘Digital Gold,’ Rejects Rivalry with US Dollar

By Bena Ilyas Dec 4, 2024

“People use Bitcoin as a speculative asset, right? It’s like gold—only it’s virtual, it’s digital,” Powell said.

Bitcoin News, Cryptocurrency News, News

How Will Bitcoin Price React after FOMC Meeting? Fed Rate Cut Likely

By Bhushan Akolkar Nov 7, 2024

Following Donald Trump’s victory, the crypto market attention is now on the upcoming FOMC meeting, where the Federal Reserve is expected to announce a potential 0.25% rate cut potentially driving Bitcoin price to $100K.

Bitcoin News, Cryptocurrency News, News

Key Macro Developments to Impact Bitcoin and Altcoins This Week

By Bhushan Akolkar Sep 30, 2024

Crypto investors will be watching two major macro developments this week that includes the Fed Chair Jerome Powell speech and the upcoming US non-farm payrolls report on Friday.

Cryptocurrency News, Ethereum News, News

Ethereum (ETH) Price Faces Midterm Bearish Pressure Fueled by Whales Taking Profits

By Steve Muchoki Aug 28, 2024

Top Ethereum investors led by Jump Trading have been on a selling spree in the last few weeks, thus increasing bearish sentiment.

Funds & ETFs, Market News, News

Bitcoin ETFs Surge with $250M Inflows After Rate Cut Hints at Jackson Hole

By Mayowa Adebajo Aug 26, 2024

This was the highest net inflow recorded by the funds in a single day since July 23.

Altcoin News, Bitcoin News, Cryptocurrency News, News

Key Events for Crypto Market This Week: Powell Speech, US Jobs Data, Jackson Hole Annual Meeting

By Bhushan Akolkar Aug 19, 2024

Apart from Fed Chair Powell’s speech, investors will closely watch BOJ plans of rate hikes as the Yen carry trade unwinding led to major havoc in the market last month.

Funds & ETFs, Market News, News

Spot Bitcoin ETFs See 3rd Consecutive Days of Inflow Streak, Reaching $216M Yesterday

By Bena Ilyas Jul 10, 2024

The influx of capital into spot Bitcoin ETFs seemingly coincided with a positive price movement for the underlying asset. Bitcoin rose 2.70% in the past 24 hours.

Bitcoin News, Cryptocurrency News, News

Bitcoin Shows Strong Divergence from Equities as BTC Price Drops Under $60,000

By Bhushan Akolkar Jul 3, 2024

Bitcoin’s major divergence from the US equity market comes amid forced selling by BTC miners in order to cover their operational costs.

Altcoin News, Cryptocurrency News, News

North Carolina General Assembly Passed Bill to Ban CBDCs

By Bhushan Akolkar Jun 27, 2024

Senator Brad Overcash, R-Gaston, said that the bill aims to discourage the US federal government from pursuing a plan that could jeopardize one of America’s most vital assets: the US dollar.

Altcoin News, Bitcoin News, Cryptocurrency News, News

Bitcoin Drops to $64,600 Triggers $440M Liquidation in Longs Positions

By Bena Ilyas Jun 18, 2024

Bitcoin’s decline triggered a chain reaction, impacting other cryptocurrencies, including Ethereum, which dropped 2.18% to around $3,440, while meme coins like Shiba Inu, PEPE, Dogwifhat, and Floki fell over 10%.

Bitcoin News, Cryptocurrency News, News

Rich Dad Poor Dad Author Sees Bitcoin at $350,000 by August 25

By Chimamanda U. Martha Jun 6, 2024

In February this year, Kiyosaki predicted Bitcoin would reach around $100,000 by June. However, the crypto asset is still far from reaching the $100,000 mark, with its current price hovering around $71,000.