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Fed Survey Finds 7% of US Adults Using Crypto, Down from Previous Years


The number of United States adults reporting cryptocurrency ownership or usage has seen a significant decline, according to the latest annual household survey conducted by the Federal Reserve.  The post Fed Survey Finds 7% of US Adults Using Crypto, Down from Previous Years appeared first...

Goldman Sachs CEO Forecasts No Fed Rate Cuts This Year


David Solomon, CEO of Goldman Sachs, expressed doubts about the Federal Reserve cutting interest rates this year due to the resilient economy, bolstered by government spending and investments in AI infrastructure. Despite these factors, Solomon highlighted the impact of rising prices on consumer...

American Bankers Association Urges House Leaders to Block Fed’s CBDC Plans


The American Bankers Association (ABA) on Monday urged House leaders to back a bill that would stop the Federal Reserve from creating a CBDC for individuals and using it for monetary policy tools. The post American Bankers Association Urges House Leaders to Block Fed’s CBDC Plans appeared...

Best Crypto to Buy Now May 20 – Fantom, Injective, Sui


As cryptocurrency markets push higher on Monday, with Bitcoin (BTC) surpassing $68,000 as traders look ahead of this week’s Fed meeting minutes release, Nvidia earnings and the SEC’s decision on spot Ethereum ETFs, investors are hunting for the best crypto to buy now that might hand them quick...

Top Crypto Gainers Today on DEXScreener – RWIF, DUMB, GME


Trading conditions were broadly bearish on Tuesday as traders focused on a hotter-than-expected US PPI report and commentary from Fed Chair Jerome Powell, with traders having to turn to the on-chain meme coin markets in the hunt for top crypto gainers today. The post Top Crypto Gainers Today...

Best Crypto to Buy Now May 14 – SLOTH, DOGEVERSE, WAI


Crypto markets are a see of red on Tuesday in wake of US PPI inflation data and comments from Fed Chair Jerome Powell, with investors struggling to pick which might be the best crypto to buy now. The post Best Crypto to Buy Now May 14 – SLOTH, DOGEVERSE, WAI appeared first on Cryptonews

Billionaire Barry Sternlicht Foresees Banks Failing Every Week in US


Barry Sternlicht, CEO of Starwood Capital Group, has voiced concerns about the vulnerability of regional and community banks in the U.S. to high interest rates and inflation, particularly amid the commercial real estate downturn. He forecasted frequent failures of these banks, predicting:...

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