Tag: fed

Oct 04 2021

Fed plans to launch the U.S. CBDC review this week, weighing pros and cons

Oct 04 2021 Published at Coingape under tags  btcbrl btcbusd btcdai btceur btcgbp

The U.S. Federal Reserve aims to launch a review as early as this week, on possible advantages and drawbacks upon issuance of the digital Dollar. According to the latest Wall Street Journal report, the review will be launched through a paper, that will further analyze the issue, along with accumulating public comments on the topic. The post Fed plans to launch the U.S....

Sep 23 2021

Federal Reserve will “Soon” Reveal its Stance on Central Bank Digital Currency

According to the Federal Reserve (Fed) chairman Jerome Powell, the report on the feasibility of the central bank digital currency (CBDC) will “soon” be released and will include cost analysis and a list of benefits of transitioning to a monetary system powered by a blockchain-enabled currency.

Sep 10 2021

Every $1 The Fed Spends On Bitcoin Could Produce $100 In Wealth

If the institution intends to continue existing, it should consider acquiring the most sound money known to man.Quantitative easing (QE) is a term used to describe when the Federal Reserve buys assets from private markets. Typically, the Fed purchases longer-dated bonds, including Treasury notes and mortgage- backed securities (MBS), but during the pandemic, it has even purchased corporate junk bonds. It does this...

May 27 2021

Biden's $6 Trillion Budget Could Fuel Inflation Fears And Bitcoin Gains

The president wants to print like he’s got his own bitcoin bags, and there is no end in sight to the monetary expansion expected to come.When it rains, it pours. It appears that this is true for both weather and expansion to the monetary base of the United States. According to a report by the New York Times...

May 20 2021

Breaking: U.S. FED Will Publish Report On Cryptocurrencies In Summer

Per a press release issued by the U.S. Federal Reserve (FED), represented by its Chairman Jerome Powell, the institution will publish a “response” to the advances made in the crypto industry. The...

May 01 2021

Federal Reserve’s Stance on Monetary Policy Remains Unchanged: What This Means for Crypto

Since the start of 2021, the crypto markets have been on an absolute tear. Bitcoin and Ethereum -- two of the largest cryptocurrencies by market capitalization -- are up 97% and 303% year-to-date, respectively....

Apr 24 2021

Central Bank Digital Currencies And The Orwellian New World Order

The proposed authoritarian evolution of centrally issued digital currencies takes the world closer to dystopia.Central Bank Digital Currencies (CBDCs) have received increasing interest since Facebook’s failed launch of Libra and China’s recent announcement that they are moving forward with...

Jan 15 2021

Fed Chairman Believes There Are Unresolved Questions around CBDCs

Jerome Powell said that the central bank will take years before the launch of a digital currency.

Dec 21 2020

Bitcoin Price is Ready to Explode in 2021

Dec 21 2020 Published at CoinStats Blog under tags  bitcoin fed inflation tenet us dollar

If you wonder whether or not you should Bitcoin as it trades near its record high levels, the general narrative has only one answer: go ahead and don't look back. The post Bitcoin Price is Ready to Explode in 2021 appeared first on CoinStats Blog.

Nov 13 2020

CBDCs: ECB and US Closer to Launching Digital Currencies

The European Central Bank (ECB) and the United States are seriously analyzing issuing central bank digital currencies (CBDCs). Two of the largest economies in the world are analyzing […]

Oct 23 2020

Here’s How Bitcoin Gets to $50,000

Plus: the crypto companies turning away business What may prove to be the crypto news of the year broke this week, with the long-rumored announcement by PayPal that support for buying, selling, hodling, and purchasing will soon make its way to the company's customers. Filecoin continues forward with its long-awaited mainnet as several of its top miners object to the...

Oct 20 2020

Powell: A CBDC Could Help Improve the U.S. Payment System

Oct 20 2020 Published at UseTheBitcoin under tags  bitcoin breaking btc cbdcs crypto news

The United States could be benefited in many ways if a central bank digital currency (CBDC) is created. This is according to Jerome Powell, the chairman of the […]

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