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Dow Hits 6-Month High as Fed’s Inflation Pledge Rattles Dollar CCN.com - News and Op-Eds for The Next Generation The Dow Jones Industrial Average opened at more than six-month highs, as Fed intervention spurs another rally in equities. Dow Hits 6-Month High as Fed’s Inflation Pledge Rattles Dollar CCN.com - News
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Bitcoin is a tool to avoid police extortion in Nigeria, centralized social media is being censored amid Thai protests and Federal Reserve Chairman Jerome Powell said the central bank will readdress its previous 2% inflation target over the next decade. You’re reading Blockchain Bites, the daily roundup of the most pivotal stories in blockchain
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The Federal Reserve Bank of Boston, one of 12 regional Federal Reserve banks operating under the U.S. central bank, is evaluating more than 30 different blockchain networks to determine if they would support a digital dollar. The Boston Fed, as it’s more commonly known, announced earlier this month it was actively
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In a week that will see the world central bankers convening a virtual conference on the future of
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On Aug 21, Bitcoin (BTC) price declined by more than 3% from around $11,880 to $11,511 on Coinbase. Coincidentally, the U.S. Dollar Index (DXY) started to rebound from its 4-month downturn.BTC/USD daily chart. Source: TradingView.comAs the dollar increased by 1.3% from $92.28 to $93.20, Bitcoin, major cryptocurrencies, and gold fell
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Bitcoin has been under pressure over the past three days after peaking at $12,500 earlier this week. Some
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The bitcoin price could pull back even further should the dollar stage a full-blown recovery on the back of the latest Fed meeting. Source
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The dollar index dropped to it's lowest level since May 2018. Source
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Goldman Sachs has warned that the U.S. dollar may lose its status as the world’s reserve currency. The investment bank is bullish on gold as fears over governments debasing their fiat currencies grow and real interest rates are pushed to all-time lows.Goldman Sachs’ Dollar and Gold PredictionsAmerican investment bank
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Frances Coppola, a CryptoX 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 “helicopter money” to help economies out of recession. There’s a widespread belief that the exorbitant quantity
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