Central Bank Digital Currency Is ‘Inevitable,’ says the Fed’s Patrick Harker
Central bank digital currencies are “inevitable,” says Patrick Harker, president of the Federal Reserve Bank of Philadelphia Source: https://cointelegraph.com/rss
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Philly Fed President Says Bank Cryptos are ‘Inevitable,’ but the U.S Won’t Take the Lead
It seems Patrick Harker, the president of the Philadelphia Fed, has finally got the memo, accepting that central bank digital currencies (CBDC) are “inevitable.” Still, that isn’t enough for America to take the lead on them. Harker, although extremely late to the party, made an important caveat on the U.S plans to create a CBDC. […]
Dow Lurches Toward Third Straight Loss as Fear Grips Wall Street
The Dow and broader US stock market wobbled on Thursday, as Wall Street grew increasingly fearful that upcoming data readings will augur the impending conclusion of the US economy’s longest-ever expansion. Dow Lurches Toward Third Straight Loss Wall Street’s major indices traded without conviction on Thursday, following two days of mammoth declines. The Dow Jones […]
HitBTC Claims Startup Faked Balances as it Denies Freezing $20M Worth of Crypto
HitBTC: formatting error shows Atlas Quantum forged an account freeze Source: https://cointelegraph.com/rss
Netflix and Apple Executives are Dumping Shares Big Time
Netflix (NFLX) is down nearly 50% from its all-time high of $423.21. Its FAANG peer Apple (AAPL) is doing a lot better as it is only 6% away from the all-time peak of $233.47. However, something tells us that the iPhone maker is likely to follow suit. That’s because these two tech giants have something […]