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Bitcoin, Ethereum Technical Analysis: Dollar Weakness Pushes BTC Higher, as Biden Fails to Secure Debt Deal
23.5.2023
Bitcoin rebounded on Tuesday, as a result of weakness in the U.S. dollar, following failed talks to tackle the debt ceiling crisis. President Biden stated, “We reiterated once again that default is off the table and the only way to move forward is in good faith toward a bipartisan...
Bitcoin, Ethereum Technical Analysis: BTC Remains Below $27,000 Ahead of Pivotal Week in US Debt Ceiling Talks
22.5.2023
Bitcoin continued to consolidate on Monday, ahead of U.S. debt ceiling talks with President Biden and Republican House Speaker Kevin McCarthy. It is expected that if a deal isn’t reached this week, the government will run out of cash on June 1. Ethereum was marginally higher. Bitcoin Bitcoin...
President Biden’s Crypto Mining Tax “Isn’t Going To Happen,” Sen. Lummis Says
19.5.2023
US Sen. Cynthia Lummis is not a fan of President Biden’s proposed 30 percent tax on cryptocurrency miners.
“That isn't going to happen,” the Wyoming Republican and crypto enthusiast, said on Friday at Bitcoin 2023 Conference in Miami.
There are environmental benefits including “not venting...
President Biden announces nominations for key positions at Federal Reserve
12.5.2023
Leadership at the Fed will likely have an impact on how the U.S. government handles the potential issuance of a central bank digital currency
Former US Secretary of Labor Robert Reich Urges Bypassing Congress to Raise Debt Ceiling
11.5.2023
Robert Reich, former secretary of labor in the U.S., has called for the government to bypass Congress in order to raise the debt ceiling unilaterally. Reich states that the constitution of the U.S. gives President Biden the faculty of ignoring this debt limit, declaring it unconstitutional...
US-Saudi Tensions Escalate as Report Says Crown Prince Is No Longer Interested in Pleasing the United States
4.4.2023
After Saudi Arabia and members of the Organization of the Petroleum Exporting Countries (OPEC) surprised the world by announcing cuts to oil production, a spokesperson for U.S. president Biden’s National Security Council stated that reducing production is not advisable. According to a recent...
SEC's Gensler seeks $2.4B in funding to chase down crypto 'misconduct'
30.3.2023
SEC Chair Gary Gensler says the regulator is spread thin and needs additional funding to keep up with the “increased complexity in the capital markets.”
President Biden Calls for Stronger Bank Regulations in Wake of SVB, Signature Bank Collapses
13.3.2023
The government on Sunday evening stepped in to guarantee no losses will be borne by the lenders' depositors
President Biden announces pick for FDIC chair
14.11.2022
Martin Gruenberg was FDIC acting chair while the agency issued cease and desist orders to crypto firms and suggested that payment stablecoins merited further consideration
Report: Saudi Government Privately Mocks Joe Biden’s Mental Acuity, Crown Prince Denies US President’s Oil Requests
25.10.2022
According to a recent report, members of the Saudi government and crown prince Mohammed bin Salman have been privately mocking U.S. president Joe Biden by questioning his keenness of thought and mental acuity. The report follows Biden’s recent trip to the region in July, when the U.S. president...
President Biden Insists US Recession Is Not Inevitable — Treasury Secretary Yellen Concurs
21.6.2022
President Joe Biden and Treasury Secretary Janet Yellen say that a U.S. recession is not inevitable, dismissing the concerns of many economists who have predicted an upcoming recession. In addition, Biden insisted that the U.S. will “overcome this inflation” while Yellen admitted that...
Tesla CEO Elon Musk Has ‘Super Bad Feeling’ About US Economy — Biden Responds
4.6.2022
Tesla and Spacex CEO Elon Musk says he has a “super bad feeling” about the U.S. economy. President Joe Biden responded with a list of major investments by large corporations and wished Musk luck on his trip to the moon. Elon Musk’s Bad Feeling About the U.S. Economy Tesla...
Fed’s Bostic Cautious About Rate Hikes as President Biden Blames Higher Prices on Covid-19 and Putin
20.4.2022
As inflation continues to wreak havoc on the lives of ordinary American citizens, all eyes are focused on the U.S. Federal Reserve’s plans to fix the situation. Meanwhile, as the St. Louis Fed president James Bullard wants to aggressively hike the benchmark bank interest rate, Atlanta...
President Biden announces former Ripple adviser as pick for Fed vice chair for supervision
15.4.2022
The vice chair for supervision seat at the Federal Reserve has been vacant since governor Randal Quarles’ term ended in October 2021
President Biden is preparing to announce picks for SEC commissioners: Report
6.4.2022
Only one seat currently remains vacant out of the panel of five SEC commissioners, but Allison Lee is expected to depart when her term expires in June
Biden Administration Lowballs Inflation Predictions, Report Says Americans Are ‘Fixated’ on Dollar Value
29.3.2022
As inflation continues to wreak havoc on American wallets, the U.S. dollar’s lack of purchasing power has been affecting nearly every U.S. resident’s spending decisions. On Monday, U.S. president Biden and his administration predicted lower inflation forecasts as officials announced...
Bitcoin, Ethereum Technical Analysis: Crypto Prices Fall Lower as Markets Continue to Digest Biden’s Executive Order
10.3.2022
Less than 24 hours after U.S. President Biden’s executive order, cryptocurrency markets were back in the red, as the global market cap fell by over 5%. Bitcoin was once again trading below $40,000, with ETH hovering marginally above $2,500. Bitcoin As the smoke clears following...
President Biden’s Crypto Order Is a Huge Step Forward for the Industry
9.3.2022
The long-awaited order is an acknowledgement of crypto’s importance and the necessity of ensuring that regulation of the space is done correctly
Crypto could bypass President Biden's 'devastating' sanctions on Russian banks and elites: Report
24.2.2022
“If a wealthy individual is concerned that their accounts may be frozen due to sanctions, they can simply hold their wealth in Bitcoin," said Mati Greenspan
President Biden Announces Technology Export Controls, Bank Sanctions Against Russia
24.2.2022
Several European countries have also announced sanctions to try and force Russia to cease hostilities after it invaded Ukraine