Crypto News

Powell: Bitcoin Reserve Decision Lies with Congress

During a post-FOMC press conference on December 19, 2024, Federal Reserve Chair Jerome Powell clarified that the Federal Reserve cannot hold Bitcoin (BTC).

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Crypto News

Powell Signals Two More Rate Cuts in 2024, Pending Economic Data

Powell: Fed Plans Two More Rate Cuts in 2024 if Economy Develops as Expected In a speech to the National Association for Business.

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Crypto News

100% Of USDC Reserves Are Safe As U.S. Gov’t Bails Out Silicon Valley Bank

Financial markets have been tumultuous. In particular, for USDC stablecoin and Silicon Valley Bank and its stakeholders, since the lender went from robust.

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