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.
Janet Yellen News
- News4145
- Market Analysis
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.
8345 - News
A head of the Treasury would not recommend investing the retirement money into digital assets “to most people.”
2147 - Market Analysis
BTC, ETH and altcoin prices were crushed this week, but the futures funding rate shows retail traders are not ready to become permabears.
13354 - News
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.
4686 - Newsletter
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.
1350 - NewsTreasury Secretary hints at regulatory framework to address potential risks in digital asset markets
"Digital asset exchanges and other digital native intermediaries — they should be subject to appropriate forms of oversight,” said Janet Yellen.
1752 - News
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.
2589 - Market Analysis
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.
4338 - News
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.
30178 - Market Analysis
Derivatives analysis suggests that ETH will continue to bounce around in the $3,300 to $3,600 range for the short-term.
5783 - Market Analysis
$540 million in ETH options expire on Friday, and data shows bulls have a good chance at securing the $5,000 level.
20601 - Market Analysis
Ether price is stuck in a rut, but derivatives data shows pro traders are bullish even with ETH below $3,000.
17538 - Altcoin Watch
The market capitalization of the world’s largest stablecoin received a boost despite facing regulatory threats in the United States.
12464 - News
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.
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