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Jerome Powell: Fed isn’t allowed to own Bitcoin. Congress can change that, but Fed not asking for it.
Read more: Jerome Powell: Fed isn’t allowed to own Bitcoin. Congress can change that, but Fed not asking for it.The Federal Reserve lowered interest rates 25 basis points, but signaled fewer rate cuts in 2025 due to a higher inflation reading. But Fed Chairman Jerome Powell said it analyzes the data as they occur. So predicting how many cuts will occur next year is not set in stone. Afterwards, the Dow fell 1,000 points…
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The day Putin & Jerome Powell acknowledged Bitcoin. Will the world ever be the same?
Read more: The day Putin & Jerome Powell acknowledged Bitcoin. Will the world ever be the same?December 4, 2024 was a historic day. On that day, Russian President Vladimir Putin recognized that no one can ban Bitcoin: “”For example, bitcoin, who can prohibit it? No one.” According to Reuters, Putin, speaking at the VTB Investment Forum in Moscow, “said the current U.S. administration was undermining the role of the U.S dollar…