Former SEC Chair says Bitcoin ETF approval ‘hard to resist’
Jay Clayton shared his opinion during an interview with CNBC on Monday. The former SEC chair says if applicants demonstrate efficacy and have surveillance, it would be hard for the…
Stablecoins and Ether are going to be commodities, says CFTC Chair
Key takeaways CFTC chair Rostin Behnam believes that stablecoins and Ether are going to be commodities. The CFTC has always maintained that Bitcoin, Ether, and other cryptocurrencies are commodities. Behnam…
Crypto turns red as Fed Chair Jerome Powell hints at higher rates
Crypto and stocks reacted negatively to comments about US inflation by Fed Chair Jerome Powell. Bitcoin traded to lows of $22,120 while the S&P 500 fell 1%. Investors are now…
Blockchain’s promise is mostly speculative, says former FDIC Chair
Blockchain technology holds a lot of promise, says Fmr. FDIC Chair Sheila Bair. However, she argued that most of the promise of the blockchain industry is speculative. Cryptocurrencies with value…
Crypto are a ‘speculative asset’, Fed Chair Powell says
Cryptocurrencies are also not a “great store of value,” Powell said at Cato Institute… The post Crypto are a ‘speculative asset’, Fed Chair Powell says appeared first on CoinJournal.
Ethereum falls 9% as risk-on assets tumble on Fed Chair remarks
Ethereum (ETH) price fell alongside other cryptocurrencies and equities following hawkish remarks by the… The post Ethereum falls 9% as risk-on assets tumble on Fed Chair remarks appeared first on…