Should The Federal Reserve Add Bitcoin To Its Balance Sheet?
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Senator Cynthia Lummis and a former Federal Reserve vice chair recently discussed whether the U.S. central bank should hold bitcoin on its balance sheet. During a February 16 webinar on “crypto”…
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Cynthia Lummis, the U.S. Republican senator from Wyoming, believes the Federal Reserve should consider holding bitcoin on its balance sheet. Speaking on the Orrin G. Hatch Foundation’s crypto webinar... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Go to Source…
The upcoming leadership change at the US Federal Reserve is being closely watched in the cryptocurrency markets. With Kevin Warsh expected to take over from current Chairman Jerome Powell next month, historical trends have resurfaced. According to market data, Bitcoin typically experiences a price correction lasting a few months after…
Former BitMEX CEO Arthur Hayes has proposed that the U.S. Federal Reserve could soon expand its balance sheet to support the Japanese yen and government bonds. He argued that this covert money printing would directly lift the price of Bitcoin (BTC) and other cryptocurrencies. Hayes Links Yen Stress, Fed Action,…