Boom for Bitcoin as Wall Street Veteran Blasts Powell over Inflation Risks
Bitcoin could continue playing its global safe-haven hedge role as a Wall Street veteran blasts off Jerome Powell and his pro-inflation policies in his later opinion editorial
Related News
Wall Street has been all over Bitcoin over the past few months due to the growth in the need for an inflation hedge and a relative stagnation in the price of gold relative to other asset classes. This much was confirmed just recently when a Wall Street veteran and former White House staffer launched a […]
Wall Street veteran Jordi Visser told reporters that US traditional finance firms are likely to raise their Bitcoin allocations before the end of the year. Related Reading: UAE Steps Up Global War On Crypto Crime – Details He expects demand to pick up in Q4 as portfolio managers set positions ahead of 2025. Some managers […]
Centre, the Coinbase- and Circle-founded project that oversees the USDC stablecoin, has hired Wall Street veteran David Puth as its new CEO.
The U.S. Federal Reserve is in a predicament as fiscal deficits erode the American economy and the nation is seeing a spike in benchmark 10-year Treasury yields. Meanwhile, Federal Reserve Chairman Jerome Powell expressed zero worries about inflation during an interview at a Wall Street Journal Jobs Summit on Thursday. Powell didn’t explain when the easy-money policies would end and after his commentary, U.S. bonds and stocks saw a massive sell-off. The US Fed Juggles Shaky Treasury Yields and Easy-Money Policies On March 3, 2021, Reuters reported on how the benchmark 10-year U.S.....
A Wall Street financial specialist has made a compelling case for Ripple’s IPO, predicting that the crypto payments provider would launch its IPO in the coming year. Ripple IPO Imminent Bestselling author and Wall Street investment expert, Linda P. Jones, recently made an appearance as a speaker at Linqto, a leading global financial investment platform. […]