Bitcoin Stumbles but Recovers as Powell’s Comments Rattle Markets
The cryptocurrency whipsawed right after Federal Reserve Chairman Jerome Powell delivered a damning indictment of President Donald Trump’s tariffs in a Wednesday speech. BTC Shakes Off Early Losses Despite Powell’s Dire...
Original source
Read on Bitcoin NewsRelated market context
Federal Reserve’s quarterly financial accounts report still has a crypto-sized blind spot
The exclusion of crypto from the Fed's report highlights the ongoing disconnect between traditional finance and emerging digital a...
Federal Reserve’s latest financial accounts still pretend crypto doesn’t exist
The Fed's omission of crypto in its financial accounts may hinder comprehensive economic analysis and adaptation to evolving asset...
Hester Peirce Farewell Speech Highlights SEC Crypto Rulemaking Divide
TL;DR SEC Commissioner Hester Peirce delivered a farewell speech titled “Peirce Out.” She criticized the agency’s reliance on enfo...
Here's what SpaceX's IPO means for its $1.3 billion bitcoin reserve
The largest company on public markets now holds bitcoin as a treasury reserve, not as a business model. Its first earnings cycles...
CFTC Sues New Mexico to Block State Gaming Laws From Reaching Federally Regulated Prediction Markets
The Commodity Futures Trading Commission filed suit Thursday in federal court against New Mexico, seeking to prevent the state fro...
Standard Chartered Calls Crypto Bottom as Bitcoin Price Recovers From $59,000 Low
Bitcoin Magazine Standard Chartered Calls Crypto Bottom as Bitcoin Price Recovers From $59,000 Low Standard Chartered’s head of di...