The week could prove pivotal for markets, including bitcoin BTC$73,685.87, with the U.S. Federal Reserve among seven major central banks set to announce interest-rate decisions while war-driven oil price gains threaten to reignite inflation in the global economy. Most of the central banks are expected… Read More
Days after JPMorgan Chase & Co. admitted to debanking President Donald Trump after the Jan. 6, 2021 attack on the Capitol, the Federal Reserve seeks comments on its proposal that would stop government supervisors from pushing banks to sever ties with lawful customers based on… Read More
BitMEX co-founder Arthur Hayes says bitcoin’s BTC$68,168.18 recent 52% crash from its October all-time high is flashing a critical warning signal — but the crypto could ultimately soar to new records once the Federal Reserve responds to an AI-driven banking crisis he believes is imminent.… Read More
The knee-jerk reaction to Donald Trump’s pick of Kevin Warsh to replace Jerome Powell as chairman of the Federal Reserve is that the president made the most hawkish selection among the four reported finalists for the job. In the wake of last night’s leak that… Read More
US President Donald Trump will reportedly nominate Bitcoin-friendly Kevin Warsh as the next chair of the Federal Reserve when he announces his pick on Friday. Trump said on Thursday that he will be announcing his pick to replace the central bank’s current chair, Jerome Powell,… Read More
Bitcoin hovered near $89,000 on Wednesday as broader markets pushed higher and the U.S. dollar remained under pressure ahead of a closely watched Federal Reserve decision later in the day. The largest cryptocurrency was trading around $88,800 during Asia hours, up modestly on the day… Read More
