On February 11, Federal Reserve Chair Jerome Powell presented the central bank’s monetary policy outlook during a hearing before the U.S. Senate. He confirmed that the Federal Reserve does not intend to implement quantitative easing or initiate an accelerated cycle of interest rate cuts.
Powell also ruled out the issuance of a central bank digital currency (CBDC), while expressing support for comprehensive regulation of the stablecoin market.
Source: Cointelegraph
Cryptocurrencies are volatile and involve risk. Invest responsibly.
Following Chair Powell’s recent remarks, market analysts have expressed concerns about the potential absence of a traditional “altcoin season” in the current cycle, as well as the limited upside potential for Bitcoin. However, a broader macroeconomic analysis suggests an alternative scenario.
A key factor remains the balance of the U.S. Treasury account at the Federal Reserve, which is approaching critically low levels. A potential need to recapitalize the account could result in an effective expansion of the Fed’s balance sheet—producing effects similar to quantitative easing and potentially supporting valuations of risk assets, including cryptocurrencies.
Cryptocurrencies are volatile and involve risk. Invest responsibly.
The Czech Parliament has passed, and the President has signed into law, legislation introducing a zero percent capital gains tax for cryptocurrency investors. The regulation applies exclusively to entities that hold digital assets for a minimum period of three years.
Source: TradingView
Rafał Trzaskowski, the leading candidate in presidential polls, shared his views on cryptocurrencies during a recent meeting with voters. He emphasized that the state should not contribute to increased investment risk associated with Bitcoin and altcoins. In his opinion, cryptocurrencies represent a “standard investment method,” and the government’s role should focus on risk mitigation without imposing additional fiscal burdens.
The candidate did not clarify his stance on the Markets in Crypto-Assets (MiCA) regulation or the cryptocurrency bill currently under consideration in the Polish Parliament.
Cryptocurrencies are volatile and involve risk. Invest responsibly.
