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Doug Schwenk
Bitcoin Back Above $19K After Plunge Triggered by Rising Inflation
Bitcoin (BTC) bounced back above $19K, regaining some momentum after the hotter-than-expected CPI report triggered a plunge in the token’s price. Digital Asset Research CEO Doug Schwenk discusses the possibility of a Fed pivot and his crypto outlook amid recession concerns.
Digital Asset Research CEO on Bitcoin Outlook Amid ‘Favorable Macro Environment’
Digital Asset Research CEO Doug Schwenk discusses his outlook for bitcoin (BTC) as the cryptocurrency continues to trend higher after this week’s cooler-than-expected U.S. inflation reading calmed fears of a more aggressive Fed monetary policy. “The macro environment is very favorable right now,” Schwenk said.
Bitcoin Drops Toward $20K Ahead of Fed Decision
Digital Asset Research CEO Doug Schwenk discusses the state of the crypto markets as investors await a key rate decision from the Federal Reserve.
CFTC Chair Urges Leading Role in Overseeing Crypto Spot Markets
Commodity Futures Trading Commission (CFTC) Chair Rostin Behnam appealed to Congress Wednesday requesting his agency be granted authority to oversee crypto spot markets in the U.S. Digital Asset Research CEO Doug Schwenk discusses the potential benefits of increased regulation, also sharing insights into price discovery in the bitcoin spot markets. Plus, thoughts on the SEC requesting comments from asset managers pending spot bitcoin ETF approvals about possible market manipulation.