Thursday, November 21, 2024
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Bitcoin price clings to $30K as Fed’s Powell stresses more rate hikes

Bitcoin (BTC) staged another retest of $30,000 support on June 28 as the United States Federal Reserve stayed hawkish on inflation.BTC/USD 1-hour chart. Source: TradingViewPowell on rate hikes: "More restriction coming"Data from Cointelegraph Markets Pro and TradingView showed BTC price action sticking to a narrow range at the Wall Street

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Microsoft CEO Satya Nadella Discusses AI Concerns, Stresses People Remain Integral to Development

In an interview, Nadella said AI is “scary” but “moving fast in the right direction”. He maintains all parties must unite to make it work. Microsoft (NASDAQ: MSFT) chief executive officer Satya Nadella recently discussed AI and its impact on jobs and education. In a media session aired Tuesday, the Microsoft CEO

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Professor Steve Hanke Says US Economy Was Flat Over the Last Year, but Stresses ‘It’s Going to Hit South’ – Economics Bitcoin News

Amid the chaotic economy, plagued with central bank tinkering, supply chain issues, and red-hot inflation, the professor of applied economics at Johns Hopkins University, Steve Hanke believes a “pretty big recession” will take place in 2023. Speaking in an interview on Oct. 28, Hanke said that he updated the probability

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SEC Chairman Gary Gensler Stresses Crypto Trading Platforms Must Be Regulated to Ensure Investor Protection – Regulation Bitcoin News

The U.S. Securities and Exchange Commission (SEC) is focusing on bringing cryptocurrency exchanges “inside the investor protection remit,” Chairman Gary Gensler has revealed. “If the trading platforms don’t come into the regulated space, it’d be another year of the public being vulnerable,” he stressed. SEC Focusing on Regulating Crypto Exchanges The chairman

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Square Rallies As Stock Mania Stresses Rival Robinhood with Outages

Robinhood suffers an outage as Bloomberg reveals an SEC probe of previous outages in March. On this major trading day, several other brokerage platforms went down. But Square Payments’ CashApp emerged unscathed, giving its stock a boost. Monday was brutal for stock brokerage app Robinhood. The same day the Bloomberg reported an SEC

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Digital Yuan Has No Launch Date, Bank of China Stresses Amid Rumors of Looming Rollout

People’s Bank of China (PBoC) clarified that there is still “no timetable” on a formal digital yuan launch.In an interview published earlier today on the central bank’s website, PBoC Governor Yi Gang was asked about the CBDC’s official launch date, to which he replied:"These tests are just routine work for

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