Bitcoin was lower after surging nearly $600 on Thursday to climb above $16,000 for the first time in almost three years.   “Investors should plan for volatility as well as price appreciation,” the blockchain analysis firm…

Bitcoin (BTC) is starting what will be likely a hectic week for markets as the United States begins its two-month presidential transition. After Joe Biden was declared the projected winner of the U.S. presidential elections…

The United States Federal Reserve is still unintentionally advertising Bitcoin, as Chair Jerome Powell argues for more money printing. In a tweet on Nov. 6, Tyler Winklevoss, co-founder of crypto exchange Gemini, said that Powell’s…

The United States Federal Reserve Chair Jerome Powell recently said that additional fiscal stimulus could result in a stronger recovery. He also emphasized that the Fed had enough tools to support the economy. After the…

The United States Federal Reserve is still unintentionally advertising Bitcoin, as Chair Jerome Powell argues for more money printing. In a tweet on Nov. 6, Tyler Winklevoss, co-founder of exchange Gemini, said that Powell’s latest…

Bitcoin has wholly sidelined its widely-covered correlation with the US stock market. On Thursday, the benchmark cryptocurrency sustained its weekly gains as its price surged by more than 1 percent. The move briefly pushed the…

This week, as world leaders gather virtually for DC Fintech Week in Washington, D.C., a key focus will be on central banks issuing their own digital currencies (CBDC). A pivotal player here is the United…

On Monday, the International Monetary Fund (IMF) published a report on crypto assets like central bank digital currencies (CBDCs) and global stablecoins (GSCs). Moreover, the IMF also hosted a virtual panel that discussed digital currencies…

Crypto market sentiment appears to be improving across the board and the global push to mainstream central bank digital currencies is also making headway.  In China’s Shenzhen province about 2 million people had applied for…

According to the Federal Reserve Chairman, Jerome Powell, the road to economic recovery is far from over and the Covid-19 pandemic has fueled the tragedy. During his speech at the National Association for Business Economics…

Bitcoin could hit a new year-to-date (YTD) high, abetted in part by the risks surrounding the US presidential election. The analogy takes cues from a quarterly commodity outlook published by Citigroup. The American banking giant…

Bitcoin (BTC) starts a new week still looking for $11,000 support as macro markets wobble over coronavirus and banks’ criminal activities. Cointelegraph highlights five factors that could shape BTC price action in the coming days.…

Every time the Federal Reserve meets, it’s important to remember that the only real monetary policy tradition at the 107-year-old institution is that a bunch of people will get together and talk about markets and the economy and…

$1.4 billion every hour.  According to Bank of America, that’s the pace at which central banks around the world have been buying assets since the coronavirus-related lockdowns started in March. Coincidentally or not, the market value…

In mid-August the U.S. stock market defied odds and mainstream media claimed after the Standard & Poor’s 500-stock index touched new heights on August 18, it ‘officially’ ended the “shortest bear market in history.” Interestingly…

Frances Coppola, a CoinDesk columnist, is a freelance writer and speaker on banking, finance and economics. Her book “The Case for People’s Quantitative Easing” explains how modern money creation and quantitative easing work, and advocates…

This week was quite eventful for crypto and traditional markets and investors will note that as central banks introduce new monetary expansion policy, Bitcoin (BTC) and altcoins have begun to forge their own path.  Before…

Bitcoin (BTC) spiked to $11,600 on Aug. 27 as the United States Federal Reserve committed to maintaining an average of 2% inflation. Data from Coin360 and Cointelegraph Markets showed BTC/USD jumping several hundred dollars on…

Bitcoin (BTC) spiked to $11,600 on Aug. 27 as the United States Federal Reserve committed to maintaining an average of 2% inflation. Data from Coin360 and Cointelegraph Markets showed BTC/USD jumping several hundred dollars on…

Market Moves As Federal Reserve Chair Jerome Powell prepares to speak Thursday at the U.S. central bank’s annual Jackson Hole Economic Symposium in Wyoming, the occasion offers a glimpse of just how dramatically once-slow-moving monetary forces have accelerated…

The United States Federal Reserve chair Jerome Powell will give a speech on the Fed’s monetary policy in several hours. Contrary to expectations, it might not have any major impact on the price of Bitcoin…

On Thursday, U.S. Federal Reserve chairman Jerome Powell is expected to deliver an important speech that will highlight a new strategy of targeting “average inflation.” This means that the Fed might allow inflation to overshoot…

The price of Bitcoin (BTC) has increased by nearly 30% since late June, from $8,905 to just under $11,500 as of press time. Following the strong rally of the dominant cryptocurrency, three macro factors point…

The U.S. central bank has been working on creating a digital dollar, according to a recently published transcript from Federal Reserve Board Governor Lael Brainard. On Thursday, she told participants attending “San Francisco’s Innovation Office…

Bitcoin (BTC) soared past the key technical resistance level of $11,500 and past $11,600 on Aug. 5 as a fresh round of bullish sentiment canceled out more of last weekend’s plunge. Cryptocurrency market daily snapshot…

Central banks worldwide have injected further stimulus into the economy, as European Union (EU) leaders recently approved a $2.1 trillion budget, the Bank of England boosted stimulus injections in mid-June, and the Federal Reserve announced…

Bitcoiners, already rocked by this year’s coronavirus-inflicted turbulence, face a fresh source of volatility as the market heads into the second half of 2020: the U.S. presidential election.  According to Deutsche Bank, Germany’s biggest lender, a reelection…

Bitcoiners, already rocked by this year’s coronavirus-inflicted turbulence, face a fresh source of volatility as the market heads into the second half of 2020: the U.S. presidential elections.  According to Deutsche Bank, Germany’s biggest lender, a reelection…

There’s a palpable buzz in crypto markets right now. Copy trading is gaining momentum, as it allows investors to emulate the moves of experienced traders. We spoke to Jay Smith, a popular trader on the eToro…

Despite sliding in sympathy with stocks this week, bitcoin’s performance remains healthy this year, up 30% so far.  Bitcoin (BTC) was trading around $9,412 as of 20:00 UTC (4 p.m. ET), gaining 2% over the…

As Federal Reserve Chair Jerome Powell steers U.S. monetary policymakers away from negative interest rates, he risks becoming increasingly isolated among the world’s top central bankers.  Officials in the U.K., Europe and New Zealand are reportedly considering…

President Donald Trump has predicted that the US economy will recover by 2021, citing new jobs data released by the Labor Department which contains a “misclassification error.” Officials say the numbers are artificially low, and…

Bitcoin prices are caught in a downdraft, after a series of rallies in recent weeks that repeatedly fizzled out at the $10,000 mark.  “There is no clear understanding where bitcoin will go,” Yuriy Mazur, head…

Bitcoin treaded water in the high $9,000 range Monday as stocks rallied and traders wondered when the cryptocurrency would break the five-digit barrier again. Stocks, meanwhile, got a boost a day after Federal Reserve Chair…