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Former Fed President Discusses Potential for 2 Interest Rate Cuts This Year

24.6.2024
Former Boston Fed President Eric Rosengren has outlined the potential for two interest rate cuts this year. He cited recent Federal Open Market Committee (FOMC) discussions and stabilizing inflation trends. “I am expecting we’ll probably get some more favorable inflation numbers over...

Analyst Warns of US Banking Sector Troubles, Foresees Stock Market and Bitcoin Slide

24.6.2024
While U.S. federal regulators, including the Federal Deposit Insurance Corporation (FDIC) and the Federal Reserve, have identified concerns with the crisis management tactics of four banks, in a recent interview with Kitco, market strategist Gareth Soloway expressed concerns. Soloway suggests...

Market Jitters: Analysts Warn of Looming US Stock Crash, Draw Parallels to 1929

23.6.2024
As the U.S. stock market scales new heights, a growing chorus of analysts warns that a severe crash could be on the horizon, reminiscent of the devastating 1929 collapse. Concerns center around the meteoric rise of Nvidia and the burgeoning artificial intelligence (AI) sector, feared to be...

Federal Watchdogs Flag 4 Major US Banks for Lack of Crisis Management; Demand Living Will Revisions

22.6.2024
Federal authorities have spotlighted critical deficiencies in the crisis management strategies—known as “living wills”—of four major U.S. banks, signaling a push for stronger safeguards against financial turmoil. The Federal Deposit Insurance Corporation (FDIC) and the Federal Reserve...

Nigeria rejects claims of Binance exec's poor health in custody

22.6.2024
Mohammed Idris, Nigeria’s Minister of Information and National Orientation emphasized that Gambaryan enjoys full consular support from his home government

Federal Agents Crack Down on Drug Ring Using Crypto Mixers

21.6.2024
Holly Danielle Adams, 34, from California, has pleaded guilty to charges of drug distribution conspiracy and money laundering via cryptocurrency mixers. This case stems from an investigation by the Northern California Illicit Digital Economy (NCIDE) Task Force, a federal team dedicated to combating...

Bitcoin price rebound may hit in 10 days as Fed liquidity ‘rips higher’

20.6.2024
Bitcoin price behavior — including its run to all-time highs in March — is displaying an uncanny correlation to Fed liquidity

Brazil’s tax dept to summon info from foreign crypto exchanges: Report

19.6.2024
The Federal Revenue of Brazil is publishing an ordinance this week to look for any potential “illegality” and info on what Brazilians may be owing in tax

Digital Asset Funds Witness Major Shake-up Amid Fed’s Hawkish Stance: Coinshares

17.6.2024
Digital asset investment products have seen substantial outflows totaling $600 million, marking the most significant withdrawal since March 22, 2024. According to Coinshares and lead researcher James Butterfill, this exodus is attributed to a hawkish Federal Open Market Committee (FOMC) stance...

Fed President Kashkari Finds Bank of America’s December Rate Cut Prediction Reasonable

17.6.2024
Minneapolis Federal Reserve President Neel Kashkari addressed Bank of America’s prediction for a potential Fed interest rate cut this year in an interview with CBS News on Sunday. Bank of America predicts that the Fed will cut rates once this year, likely in December. “I think...

Malaysia cracks down on crypto tax evaders with Ops Token

17.6.2024
IRB official Datuk Abu Tariq Jamaluddin warns crypto traders to declare taxes or face compliance actions

Fake Federal employees target crypto investors: CISA warns

15.6.2024
The Cybersecurity and Infrastructure Security Agency (CISA) warns of a surge in impersonation scams targeting crypto investors

Utah Senator Seeks to Abolish Federal Reserve

14.6.2024
Republican Senator Mike Lee from Utah has introduced legislation to abolish the U.S. central bank and its Board of Governors. Lee contends that the U.S. Federal Reserve has “repeatedly failed” the American public and argues for its dissolution. Federal Reserve Targeted for Abolition by Senator Mike...

Ryze Labs Weighs In: Fed’s Stance on Interest Rates and Its Impact on Market Dynamics

14.6.2024
Following the release of lower-than-anticipated CPI data on June 12, U.S. equities climbed to record highs, with bitcoin exceeding $70,000. However, Ryze Labs, a venture capital firm investing in blockchain and Web3 projects worldwide, particularly in emerging markets, stated that the Federal...

China’s Reduced Physical Gold Demand Cools Prices After May Peak

14.6.2024
While gold reached a record high in May at $2,450 per ounce, it has since settled at $2,329 per ounce. According to the World Gold Council, China’s demand for gold fell in May to its lowest level in four years. Gold Prices Down from Record High, China Physical Consumption Slumps, Analyst...

Donald Trump Proposes Elimination of US Income Tax, Introduction of Tariffs

14.6.2024
U.S. presidential candidate and former 45th President Donald Trump has been proposing the idea of eliminating the country’s income tax and substituting it with tariffs. Trump Discusses Tariff-Based Revenue System With Republican Lawmakers On June 13, Donald Trump met with Republican lawmakers...

Bitcoin backs Congressman’s bill to abolish the Federal Reserve

14.6.2024
The Federal Reserve is under the radar – this time it has been ignited by Toman Massie, a US Congressman from Kentucky. He has presented the Federal Reserve Board Abolition Act to remove its economic authority. The move is inspired by a Bitcoin audiobook titled The Bitcoin Standard. Authored...