Most powerful photos of Catch a glimpse of what you may have missed this year. As for the sign holder, he apparently turned a nice profit either way. Follow him on Twitter slangwise. As Federal Reserve chair Janet Yellen testified before Congress today, one attendee had some attention-grabbing advice: buy bitcoin.
Introduction
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As Federal Reserve chair Janet Yellen testified before Congress today, one attendee had some attention-grabbing advice: buy bitcoin. Yellen appeared before the House Financial Services Committee to give remarks on the state of the US economy and field questions from committee members. As chief of the US central bank, Yellen also spoke about a recent semi-annual report delivered to Congress by the Fed. Under her leadership, the Fed has also moved to publish some of its internal research into the technology, releasing its first report on the subject in December. The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies.
ET, according to CoinDesk. The unidentified bitcoin proponent, whose stunt was visible on television, was removed from the hearing room. Holding up the sign violates the House committee’s rules. Committee staffers told CNBC they didn’t know the man’s.
Bitcoin doesn’t need the free advertising. The digital currency has more than doubled in value this year, raising concerns it is entering bubble territory.
Yellen was speaking during the first round of the Fed’s semiannual monetary policy report to Congress and the state of the economy. Fundstrat’s Tom Lee said in a note Friday that central banks may one day buy digital currencies like bitcoin.
Lee was the first major Wall Street strategist to issue a report on the cryptocurrency. Sign up for free newsletters and get more CNBC delivered to your inbox. Get this delivered to your inbox, and more info about our products and services.
All Rights Reserved. Data also provided by. Skip Navigation. Markets Pre-Markets U. Key Points. Bitcoin traded higher Wednesday afternoon. VIDEO Someone held up a ‘buy bitcoin’ sign during Yellen’s testimony to Congress. The Bottom Line. Digital Original. Related Tags. Trending Now. News Tips Got a confidential news tip? We want to hear from you.
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Fed’s Janet Yellen calls bitcoin a ‘highly speculative’ asset
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Retirement Planner. Text Resize Print icon. Disclosure Read More The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and bu by a strict set of editorial policies. As chief of the US central bank, Yellen also spoke about a recent semi-annual report delivered to Congress by the Fed. Economic Calendar Tax Withholding Calculator. Economy U. By Shawn Langlois. At the time of filing this report, bitcoins worth about USD 11, 4. Nor was it a photoshopped internet hoax perpetrated by some crypto junkie aiming for a viral Reddit hit. As Federal Reserve chair Janet Yellen testified before Congress today, one attendee had some attention-grabbing advice: buy bitcoin. Advanced Search Submit entry for keyword results. Forbes Celebrity list: Salman Khan sho to number 3, find out who takes top spot. Federal Reserve. The unknown man, now fondly known as the ‘bitcoin sign guy’, is receiving a lot of love from the cryptocurrency community and is showered with praises. Central Banking. As for the sign holder, he apparently who held up buy bitcoin sign a nice profit either way.
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