Federal Reserve Chairman Jerome Powell Says Cryptocurrencies Are 'Vehicles for Speculation'
The Federal Reserve chairman believes that cryptocurrencies are "really vehicles for speculation" and "No one is using them for payments." He then compared crypto to gold. His comments about cryptocurrency followed Coinbase's direct listing on Nasdaq. Fed Chair Powell Thinks… read more.
Most Popular
Featured
NFT Roundup: Tom Brady’s Autograph Initiative, Topps Digital Baseball Cards, Annoying Orange’s 4K NFT Clip
The past week has been busier than usual for the NFT ecosystem. Rap stars Jeezy and Riff Raff entered the… read more.
'Weird Coins Like DOGE and XRP Spike'- Galaxy Digital's Mike Novogratz Warns of a Crypto Market 'Washout'
Bitcoin bull and billionaire investor Mike Novogratz has warned about cryptocurrency market volatility in a recent interview stemming from the… read more.
Press Releases
LATEST COMMENTS
In Focus: Finance
Co-Founder of South Africa's Crypto Index Fund Reveals the Plan to Launch Country's First Bitcoin ETF
Earle Loxton, the cofounder of EC10 (formerly DCX Capital) the institution behind the South African crypto index fund, says plans are afoot to launch the country's first exchange-traded fund (ETF). The ETF is expected to offer South African institutional investors… read more.
Brazil's Central Bank President Expects to Have News on a CBDC 'Soon'
The largest country in Latin America could have its central bank digital currency (CBDC) soon, as the Brazilian central bank… read more.
The Money Roundup: Making Cents of Blockchain Fundraising News
From crypto trading to defi, the most exciting areas in blockchain fintech development and innovation are attracting serious investments from… read more.
Novogratz’s Galaxy Digital Jumps Into the Bitcoin ETF Fray
The investment company Galaxy Digital Holdings has revealed it is joining the growing list of firms looking to sponsor a… read more.
