Jerome Powell
Rep. Tom Emmer on Crypto Regulation, CBDCs, Infrastructure Bill
During Thursday’s House Financial Services Committee meeting, U.S. Federal Reserve Chairman Jerome Powell said he does not intend to ban cryptocurrencies but signaled stablecoins need greater regulatory oversight. Committee member Rep. Tom Emmer (D-Minn.) reacts.
Fed Chair Powell Says He Has ‘No Intention’ of Banning Crypto
When asked about earlier comments he had made about CBDCs replacing private crypto, Powell said he’d “misspoken.”
Why Is Bitcoin Bouncing?
Bitcoin has gained 6.26% to trade near $44,000 one day after exhibiting bearish price action, but why is it bouncing? Senior Trader and President of Wave Financial, Justin Chuh, discusses his crypto markets analysis and outlook.
Digital Dollar Needs Legislative Support, Fed Chair Says
The issue of CBDCs and financial privacy were featured during Tuesday’s contentious Senate Banking Committee hearing.
What's Next for Crypto Markets Following China's Crypto Crackdown
CoinDesk Tech Managing Editor Christie Harkin discusses where the crypto markets could be headed next week as China tightens its crypto mining crackdowns and bans trading. Plus, CoinDesk's Markets Managing Editor Brad Keoun discusses his markets outlook since Federal Reserve Chair Jerome Powell signaled tapering could happen at the Fed's next meeting in November.
Headwind From China, Will Evergrande’s Debt Crisis Further Impact Crypto?
If Evergrande goes through with defaulting, and if there is a contagion in the Chinese commercial paper market, what effect could this have on crypto? MarketGauge Group Managing Director Michele Schneider shares her markets insights.
Fed Chair Jerome Powell Signals Rate Hikes Possible Next Year
Reacting to Federal Reserve Chair Jerome Powell's latest statement on rate hikes and tapering timelines, CoinDesk's Galen Moore discusses the possible impact on the crypto markets, digging into the correlation between bitcoin and risk-on investments. Plus, his take on China's Evergrande debt crisis and highlights from the Mainnet 2021 conference in New York.
Market Wrap: Bitcoin and Stocks Rise on Dovish Fed
Bitcoin returns above $48,000 as risk rally continues.
Bitcoin Rises Above $48K as Dollar Drops After Powell’s Dovish Comments
Bitcoin gained Friday, and the U.S. dollar dropped in foreign exchange markets following Federal Reserve Chairman Jerome Powell’s dovish key speech at the U.S. central bank’s annual Jackson Hole conference. CoinDesk’s Galen Moore, Brad Keoun, and Christie Harkin discuss the implications for the crypto markets. Plus, the latest on bitcoin’s hashrate.
Jerome Powell Says Fed Could Start Tapering Later This Year
At the Federal Reserve’s virtual Jackson Hole symposium Friday, Fed Chair Jerome Powell said the central bank plans to keep quantitative easing loose for a little while, encouraging spending and investing.