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Weekly News

US Senate confirms Jerome Powell for another four years as Fed chair

  • Post author:admin
  • Post published:May 13, 2022
  • Post category:Weekly overview

In a 80–19 vote in the Senate, U.S. lawmakers confirmed Jerome Powell as the next chair of the Federal Reserve System, where he will also serve as a board member…

Continue ReadingUS Senate confirms Jerome Powell for another four years as Fed chair

Nasdaq partners with XP to launch cryptocurrency exchange in Brazil

  • Post author:admin
  • Post published:May 13, 2022
  • Post category:Weekly overview

The exchange, known as XTAGE, is currently scheduled to launch in Q2 2022. XP informed Cointelegraph that XTAGE will launch in Q2 2022 and will be fully integrated into the…

Continue ReadingNasdaq partners with XP to launch cryptocurrency exchange in Brazil

Germany outlines favorable tax guidelines, gains on BTC and ETH sold after a year tax-free

  • Post author:admin
  • Post published:May 13, 2022
  • Post category:Weekly overview

Germany’s Finance Ministry has released new cryptocurrency tax guidelines with no tax payable on gains from BTC and ETH sold 12 months after acquisition. The Federal Ministry of Finance (BaFin)…

Continue ReadingGermany outlines favorable tax guidelines, gains on BTC and ETH sold after a year tax-free

3 reasons why bears aim to pin Bitcoin below $30K for this week’s BTC options expiry

  • Post author:admin
  • Post published:May 13, 2022
  • Post category:Weekly overview

BTC price is in a freefall and data suggests bears plan to keep the price below $30,000 until the May 13 options expiry. Investors were surprised by Bitcoin (BTC) price…

Continue Reading3 reasons why bears aim to pin Bitcoin below $30K for this week’s BTC options expiry

Stablecoins’ recent depegging is not a ‘real threat to financial stability,’ says Janet Yellen

  • Post author:admin
  • Post published:May 13, 2022
  • Post category:Weekly overview

Terra's UST dropped as low as $0.29 and Tether's USDT stablecoin briefly depegged from the dollar to hit $0.96 on Wednesday. According to United States Treasury Secretary Janet Yellen, the…

Continue ReadingStablecoins’ recent depegging is not a ‘real threat to financial stability,’ says Janet Yellen

Bitcoin could target $32K, says trader as LUNA crashes below one penny

  • Post author:admin
  • Post published:May 13, 2022
  • Post category:Weekly overview

Bitcoin price action appears to be back with a bang as record-breaking long leverage builds on Bitfinex. Bitcoin (BTC) bulls demanded a rematch of $30,000 later on May 12 as…

Continue ReadingBitcoin could target $32K, says trader as LUNA crashes below one penny

How long will the crypto bear market last? Raoul Pal’s macro analysis

  • Post author:admin
  • Post published:May 13, 2022
  • Post category:Weekly overview

In an exclusive interview with Cointelegraph, macro investor Raoul Pal analyzes the macro factors that are keeping the crypto markets under pressure and the triggers that could spark the next…

Continue ReadingHow long will the crypto bear market last? Raoul Pal’s macro analysis
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