The price of bitcoin (BTC) initially slipped a few dollars on the hawkish lean to Powell’s remarks, but has since bounced to modestly positive on the day at $26,200. The move is perhaps not surprising given the bearish tilt to bitcoin’s price action in the days leading up to the Jackson Hole event as traders anticipated Powell’s continued focus on corralling inflation back to the central bank’s 2% target.
Credit: Source link
The Blockchain Association, a nonprofit representing crypto and blockchain businesses in the U.S., sent a letter to president-elect Donald Trump...
"I have been excited about embrace of crypto and I think it fits very well with the Republican Party,...
Polymarket, a leading blockchain-based prediction market, has restricted access to French users amid a government investigation into its compliance with...
Following Donald Trump’s election as the new US President, regulators are pushing for crypto market reforms, from establishing regulatory sandboxes...
The UK is set to unveil a comprehensive crypto regulatory framework in early 2025, with plans to address oversight challenges...
This is an online news portal that aims to provide the latest crypto news and real-time updates around the world. Feel free to get in touch with us!
