Federal Reserve’s Ambiguous Outlook Bodes Well for Bitcoin –

The Federal Open Market Committee (FOMC) has cut the rate again by 25 basis points to a target range of 1.75%-2.00%. While this is in line with analysts’ expectations, the Fed’s potential dovish stance might be bullish for Bitcoin in the long term. Fed Has No Plan for Future At the end of August, we […]

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Fed Chairman Powell: Bitcoin Is A Store of Value Like Gold

Cryptocurrencies took the center stage again during Federal Reserve Chairman Jerome Powell’s second day of testimony before the U.S. Senate. Today, lawmakers expressed their concerns about the threat that bitcoin and other cryptocurrencies pose to the financial system, including the possible challenge of bitcoin replacing the U.S. dollar as the world reserve currency. Powell: The […]

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The Federal Reserve Could Be Helping Bitcoin to $100K –

Many factors are contributing to Bitcoin’s renewed trajectory towards its USD 100,000 target. One of them is increasingly gaining prominence: The U.S. Federal Reserve. Fed Interest Rate Cuts to Weaken Dollar and to Strengthen Bitcoin The U.S. Federal Reserve’s latest moves might be unintentionally propelling Bitcoin to new 2019 highs with renewed impetus. On Jun […]

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