[2026-01-12] The latest IT, economic, blockchain and coin news
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2026-01-12 | Curator: CryptoTerminal
Bitcoin Shrugs Off Powell Probe as DOJ Targets Fed Chair
The Department of Justice has opened a criminal investigation into the sitting U.S. Federal Reserve chairman, Jerome Powell—an unprecedented legal move igniting concerns over the central bank’s independence. “The legal proceedings have added a new layer of uncertainty to the macro front,” Jimmy Xue, co-founder and COO of quantitative yield protocol Axis, told Decrypt. “The challenge to central bank autonomy reinforces Bitcoin's narrative as a ‘neutral’ asset that operates independently of legal...
