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…
Kraken founder Jesse Powell steps down as CEO
Kraken Chief Operating Officer David Ripley takes over from Jesse Powell, who stays on… The post Kraken founder Jesse Powell steps down as CEO appeared first on CoinJournal.
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.