Powell urges patience in speech

In a speech delivered today at the U.S. Monetary Policy Forum in New York City, Federal Reserve Chair Jerome Powell emphasized the central bank’s cautious approach amid prevailing economic uncertainties.  Powell reiterated the Federal Reserve’s readiness to maintain current interest rates, adopting a “wait and see” stance as it monitors the impacts of recent policy…

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Pro-Bitcoin Senator on Trump’s BTC Reserve: ‘This Is Only the Beginning’

​U.S. Senator Cynthia Lummis hails President Trump’s executive order establishing a strategic bitcoin reserve as a historic move to address national debt and secure America’s financial leadership. Pro-Bitcoin Senator Backs Trump: BTC Reserve Could Slash US Debt and Dominate Finance U.S. Senator Cynthia Lummis (R-WY) has praised President Donald Trump’s executive order establishing a strategic…

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Bitcoin Drops 3.4% After Trump’s Crypto Summit Lacks Key Reserve Details

Bitcoin fell 3.4% to $86,394 following the White House Digital Assets Summit, where President Donald Trump signed an executive order to establish a Strategic Bitcoin Reserve but did not provide clear details on future government crypto acquisitions. Investors were disappointed by the summit’s lack of clarity, as markets had anticipated a stronger commitment regarding the…

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