Buyers are snapping at bitcoin whenever it dips to $30,000, but the cryptocurrency’s price response to faster inflation readings is puzzling Wall Street analysts.
The U.S. central bank will continue buying Treasury and mortgage bonds to support the economy.
Federal Reserve Chairman Jerome Powell testified before the U.S. Senate, about inflation and the possible rollout of a digital dollar.
Decentral aims to perform similar monetary functions for cryptocurrencies as the Federal Reserve does for the U.S. economy.
The Boston Federal Reserve is close to launching their own private supervisory node.