News list for " Jerome Powell"
Despite a general rally in U.S. stocks ahead of Federal Reserve Chairperson Jerome Powell's speech at the Jackson Hole conference later this week, bitcoin prices have remained modestly lower over the past 24 hours. In the past 24 hours, bitcoin prices have fallen by nearly 3 percent and are trading around $58,500. BRN analyst Valentin Fournier said the upcoming Jackson Hole conference could lead to increased volatility in bitcoin prices as markets await the Federal Reserve's speech at the Jackso...
On Wednesday, Federal Reserve Chairperson Jerome Powell testified before the US House Financial Services Committee when Congressman Josh Gottheimer asked him about the Securities Exchange Commission's Employee Accounting Bulletin (SAB) 121, which requires banks to include digital assets in custody on their balance sheets, significantly increasing the cost of providing digital asset custody services. Go...
