Janet Yellen News

Jerome Powell said that he also had “close family members” who argued that crypto was still in the development phase, suggesting Bitcoin proponents may be close to home.

Bitcoin’s failure to break above $22,000 on July 8 opened room for bears to score a $100 million profit in this week’s options expiry.

A head of the Treasury would not recommend investing the retirement money into digital assets “to most people.”

BTC, ETH and altcoin prices were crushed this week, but the futures funding rate shows retail traders are not ready to become permabears.

Janet Yellen said it would be “highly appropriate” to aim for “a consistent federal framework” on stablecoins by the end of 2022 in the U.S., given the growth of the market.

The Treasury admits there’s not much crypto-aided sanctions evasion going on, stablecoins attract regulatory attention, and a fourth futures-based BTC ETF secures approval.

"Digital asset exchanges and other digital native intermediaries — they should be subject to appropriate forms of oversight,” said Janet Yellen.

U.S. Secretary of the Treasury Janet Yellen speaks to CNBC‘s Squawk Box shares her views on the state of digital assets amid calls for imposed regulations.

The Biden administration’s dovish approach to crypto sector regulation and a bounce in equities markets could give bulls a boost in Friday’s $790 million options expiry.

The Treasury’s statement came a day early and was removed from the site, but not before the details of how Secretary Yellen plans to respond to President Biden‘s forthcoming order.

Derivatives analysis suggests that ETH will continue to bounce around in the $3,300 to $3,600 range for the short-term.

$540 million in ETH options expire on Friday, and data shows bulls have a good chance at securing the $5,000 level.

Ether price is stuck in a rut, but derivatives data shows pro traders are bullish even with ETH below $3,000.

The market capitalization of the world’s largest stablecoin received a boost despite facing regulatory threats in the United States.

Janet Yellen's position on a "compromise" amendment proposed yesterday is unclear, but she reportedly raised objections to the language on crypto put forth by Senators Wyden, Lummis and Toomey.