President-elect Donald Trump has expressed interest in building up a stockpile of bitcoin. What would that mean for taxpayers?

Part of the sell-off was catalyzed by Wednesday’s news that the Federal Reserve would not hold bitcoin in its reserve, prompting the world’s largest cryptocurrency to dip by 7

Bitcoin, XRP and Dogecoin saw sharp declines following the Federal Reserve's announcement of a rate cut on Dec. 18, 2024.

Bitcoin's price dipped Wednesday after Federal Reserve Chairman Jerome Powell said the central bank is not looking to hold the cryptocurrency.

US Federal Reserve Chair Jerome Powell has said that the US central bank has no desire to be involved in any government effort to stockpile large amounts of bitcoin.

Federal Reserve Chair Jerome Powell has ruled out the possibility of the central bank adding Bitcoin to its balance sheet, citing legal restrictions under the Federal Reserve Act. Powell addressed the issue during a Dec.

Jerome Powell is a remarkable man. Whether you like him or not doesn’t change that. A quick look at his resume tells you this is a guy with a level of intelligence only few have ever attained. Now as head of the Federal Reserve,

Bitcoin has shed some $4,000 overnight after Fed Chair Jerome Powell said the U.S. central bank isn't allowed to own $BTC, which is a fact that may have affected optimism in the crypto market.

Bitcoin tumbled more than 5% on Wednesday, its sharpest decline in over three months, as the Federal Reserve adopted a cautious approach to future interest-rate cuts. As per the report by Bloomberg, the digital asset,

The Federal Reserve has dismissed the possibility of holding a Bitcoin reserve, citing legal and institutional limitations. Fed Chair Jerome Powell reiterated this stance during a routine press conference following the year’s final Federal Open Market Committee (FOMC) meeting,