Federal Reserve Chair Jerome Powell said on Wednesday the U.S. central bank has no desire to be involved in any government effort to stockpile large amounts of bitcoin.

Bitcoin's drop of around 10% in the last 24 hours was dwarfed by ethereum and smaller, top ten cryptocurrencies that crashed back by between 15% and

Powell said that the Federal Reserve Act does not allow the central bank to hold Bitcoin, leaving the decision to Congress.

Monsta Mash extended early bird offers including a discounted presale price of $0.0018 and new investor bonuses of up to 30% on purchased $MASH volume. Additionally, early investors enjoy high staking rates of between 8% and 19% APY on Mash Yields.

The Fed has implemented another 0.25% interest rate cut with Jerome Powell highlighting economic stability as guidance for future cuts

Federal Reserve Chair Jerome Powell said on Wednesday that the U.S. central bank has no desire to be involved in any government effort to hold large amounts of bitcoin. "We’re not allowed to own bitcoin,

Investors considered the path of interest rates next year after the Fed hinted they would stay higher for longer.

Federal Reserve Chair Jerome Powell has steered the world’s most powerful central bank during a tumultuous period for the US economy, from the pandemic to a historic bout of inflation shortly after. But the job isn’t finished yet. Inflation is now well ...

Bitcoin (BTC), after managing to chart an all-new ATH of $107k last week, has taken a hit over the weekend, dipping down to the $92,000 range, before recovering again. Weak inflation figures and US Fed Chair Jerome Powell’s strong stance against crypto is believed to be driving this recent dip.

Cocoa has outpaced the rise in the U.S. stock market and bitcoin, with prices for chocolate's main ingredient having nearly tripled in 2024. The rally shows little signs of ending, with cocoa's 2023 to 2024 marketing year having ended with the biggest global supply deficit in 60 years, according to ING.

A tiny bit of shine came off bitcoin when Federal Reserve Chair Jerome Powell poured cold water on the idea of the U.S. government holding a cryptocurrency reserve.