Fed Chair Jerome Powell Likens Bitcoin to Gold, Says It’s Not Dollar Rival
Bitcoin rallied after Fed Chair Jerome Powell called it "digital gold" on Wednesday, though it again fell short of the $100K milestone.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on DecryptRelated market context
On-chain data shows $50 million at risk as Tether’s Alloy shutdown deadline boils down to 5 forgotten gold vaults
Tether is winding down Alloy by Tether, a platform built around dollar-tracking aUSDT debt backed by Tether Gold collateral. Start...
ARP Digital wins Dubai VARA in-principle approval to expand Gulf crypto operations
ARP Digital's expansion into Dubai could enhance the Gulf's crypto infrastructure, fostering regional financial innovation and reg...
Empery Digital Sells 1,635 Bitcoin As Treasury Buffer Shrinks
Empery Digital has disclosed the sale of 1,635 BTC for $102.2 million, using the proceeds to support debt repayment and share buyb...
Bitcoin slips toward $64,000 as traders await Wednesday’s inflation test
Bitcoin eased toward $64,000 before Wednesday's US CPI report, with analysts split on whether the stall breaks higher or reverses.
UK FCA Eyes Tokenized Gold as London Defends 70% Market Share
The U.K.’s Financial Conduct Authority is exploring how tokenized gold could fit into wholesale markets, including its use as coll...
Coinbase Prime facilitates $450M crypto-collateralized loan for Marathon Digital
The deal highlights growing institutional confidence in crypto-backed lending, but also underscores the risks tied to Bitcoin's vo...