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Will CBDCs Kill Bitcoin Like Fed’s Powell Says? Here’s Why They Might Actually Pump It Up Further

Jerome Powell's recent comments on cryptocurrency have caused a stir, with the Federal Reserve Chair suggesting they could become worthless if the U.S. introduces its own central bank digital currency. How true is this? Let’s break it down.

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US Stocks Mixed Ahead Of Powell Testimony; Dick’s Sporting Goods Posts Upbeat Earnings

U.S. stocks traded mixed this morning, with the Nasdaq Composite gaining around 20 points on Tuesday. Following the market opening Tuesday, the Dow traded down 0.03% to 33,420.92 while the NASDAQ rose 0.18% to 11,697.05. The S&P 500 also fell, dropping, 0.04% to 4,046.93.

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