Category: Federal Reserve

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Fed Chair: ‘We Have the Ability to Create Money Digitally’

Fed Chair Jerome Powell said the bank has flooded the economy with money and would continue lending programs for as long as they’re needed. Chair of the United States Federal Reserve Jerome Powell recently spoke about measures taken during the financial crisis, with many on Twitter viewing his remarks as evidence of the need for…
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Robert Kiyosaki Predicts Bitcoin Will Be Worth $75k in 3 Years

Robert Kiyosaki predicts that Bitcoin’s price will rise nearly 100% per year over the next three years. Robert Kiyosaki, businessman and best selling author of the book Rich Dad, Poor Dad, has taken to Twitter once again to proclaim his bullish position on Bitcoin. His prognosis? BTC’s price is heading to $75,000 in three years.…
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As US Pumps Trillions Into Economy, Bitcoin Price Likely to Be Affected

The U.S. is printing dollars and slashing interest rates to help the people, but will it affect the crypto market? Policymakers around the world have committed unprecedented amounts of fresh money in a bid to stave off an impending recession, or worse: a total depression. In the United States, the Senate approved a $2 trillion…
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Boon for Bitcoin, Donald Trump as Ex-Fed Official Pushes to Tax Savers

Despite never having done so, the Fed may have no choice but to implement negative rates as soon as next week, argues Narayana Kocherlakota. The United States Federal Reserve could be the next central bank to take up previously unthinkable negative interest rates. That was the opinion of the ex-president of the Minneapolis Fed, who…
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Recap of Cointelegraph Talks: E-Payments During Covid-19 and Beyond

Speakers from Ternio, Monarch, and Utrust weighed in on the future of the industry & the impact of COVID-19. The current pandemic is far from over and the economic, political, and social ramifications of this crisis remain unclear. Indeed, the nature of the workplace people return to might well be radically different to what previously…
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Recap of Cointelegraph Talks: Greenback 2.0 — the Digital Dollar

Speakers from Binance.​US, BRD, and Vanderbilt Law have weighed in on the pros and cons of a U.S. Fed-backed digital dollar for Cointelegraph Talks. On April 21, Cointelegraph hosted its first virtual Cointelegraph Talks meetup. The event consisted of two expert panels discussing major news and developments in the crypto world today, especially in light…
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Anthony Pompliano Discloses His Investment Strategy in Times of Crisis

In an exclusive interview with Cointelegraph, Anthony “Pomp” Pompliano explained why Bitcoin is the best asset to protect wealth in the upcoming future. In an exclusive interview with Cointelegraph, Anthony “Pomp” Pompliano explained why Bitcoin is the best asset to preserve wealth in the upcoming future.  Pompliano reconfirmed his bullishness on Bitcoin, revealing he bought…
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‘Rich Dad Poor Dad’ Author Says Gold, Silver, and Bitcoin Lie Outside the System

In light of current economic difficulties, Robert Kiyosaki referred to Bitcoin, gold, and silver as an escape from the system. Millionaire businessman and author of the book Rich Dad Poor Dad, Robert Kiyosaki, mentioned Bitcoin (BTC) numerous times in a podcast interview with Morgan Creek Digital co-founder, Anthony Pompliano, referring to the asset as an…
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April Fools, Celebrity Scams, & Manipulated Markets: Bad Crypto News of the Week

Check the bad crypto news of the past week. Bitcoin seems to be settling happily above $6,000 and is currently just north of $6,500 again. Let’s hope we’ve seen the last of those $5,000 movements and we’re ready for a steady climb back to double figures before the halving in mid-May. It’s getting closer. In…
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Fed’s Quantitative Easing Strategy Holds Long-Term Benefits for Crypto

It is still too early to gauge the impact of QE on crypto, says Mati Greenspan. “The initial shock of the global economy grinding to a halt” is still too fresh. These are perilous times, and it hasn’t escaped anyone’s notice that the United States Federal Reserve is doing its part to alleviate the suffering…
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