Category: Janet Yellen

Bitcoin prints biggest hourly candle in history after BTC rebounds strongly to $54K

February 22, 2021

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Bitcoin (BTC) fell below $50,000 on Feb. 22 as a correction gathered pace at Wall Street’s opening to deliver 20% daily losses prior to a strong response from the bulls.  BTC/USD 1-hour candle chart (Bitstamp). Source: Tradingview Bitcoin loses $6,000 in minutes Data from Cointelegraph Markets and TradingView shows BTC/USD falling heavily during Monday trading, hitting […]

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Yellen convenes SEC, CFTC and Fed leaders on Robinhood question

February 3, 2021

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Treasury Secretary Janet Yellen faces the first major hurdle of her tenure with the question of how to handle social media-driven security trading. 4344 Total views 18 Total shares The four horsemen of U.S. financial regulation will meet to discuss market manipulation concerns resulting from the headline-grabbing drama surrounding GameStop stock last week.  Per a […]

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State of Crypto: How Will the Government React to GameStop?

February 2, 2021

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Also: Ripple filed its response to the SEC and a FinCEN official discusses the controversial counterparty rule in public for the first time. Feb 2, 2021 at 3:30 p.m. UTC State of Crypto: How Will the Government React to GameStop? Welcome to State of Crypto, a CoinDesk newsletter looking at the intersection of cryptocurrency and […]

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Altcoins rally while Bitcoin bulls are thwarted by resistance at $34K

January 23, 2021

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A handful of altcoins posted double-digit gains while Bitcoin’s relief rally was halted by resistance at $34,000. 23318 Total views 45 Total shares Bitcoin’s (BTC) tumble below $30,000 was short-lived as the top cryptocurrency found a new wave of support, including a $10 million ‘buy the dip’ moment from MicroStrategy.  Data from Cointelegraph Markets and […]

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Senate committee votes unanimously in favor of Yellen as Treasury Secretary

January 22, 2021

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The Senate Committee on Finance backed Yellen’s nomination in a show of bipartisan support. 13720 Total views 24 Total shares Janet Yellen, the former Chair of the Federal Reserve, is one step closer to earning the nomination of Treasury Secretary.  The Senate Committee on Finance voted unanimously to approve Yellen’s nomination Friday morning, setting the […]

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What Janet Yellen as Treasury Secretary Means for Bitcoin and Markets

November 28, 2020

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Nov 28, 2020 at 2:00 p.m. UTC (Alex Wong/Getty Images News) What Janet Yellen as Treasury Secretary Means for Bitcoin and Markets NLW looks at price action in crypto, the ETH 2.0 Beacon chain launching Dec 1, the Dow at 30,000 and Janet Yellen’s nomination as Treasury secretary. For more episodes and free early access before our […]

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