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German Authorities Say They’ve Seized 50,000 Bitcoins
1.2.2024
German authorities have revealed that they have seized 50,000 bitcoins. “This is the most extensive seizure of bitcoins by law enforcement authorities in the Federal Republic of Germany to date,” the German police noted. Germany Seizes 50K Bitcoin The Saxony state police in Germany...
Robert Kiyosaki: Bitcoin Protects Against Theft by the Fed, Government, and Wall Street Bankers
1.2.2024
Rich Dad Poor Dad author Robert Kiyosaki has shared the reason why he owns bitcoin, stating that the cryptocurrency protects against “the theft of our wealth via our money.” The famous author warned that the Federal Reserve, the government, and Wall Street bankers steal our wealth...
Fed Maintains Interest Rates, Seeks ‘Greater Confidence’ on Inflation Goal; Bitcoin and Gold Hold Steady
31.1.2024
On Wednesday, Jan. 31, 2023, the U.S. Federal Reserve opted to maintain the federal funds rate unchanged. The Federal Open Market Committee (FOMC) additionally stated that the committee “does not expect it will be appropriate to reduce the target range until it has gained greater confidence...
Bitcoin and Ethereum Price Prediction as Fed Interest Rate Decision is Announced – New Bull Market Starting?
31.1.2024
Bitcoin and Ethereum Price Prediction In the wake of the Federal Reserve’s latest decision to hold interest rates steady at 5.50%, the financial world turns its gaze to the potential impacts on major cryptocurrencies, notably Bitcoin and Ethereum. This stabilization of the federal funds rate...
Fed Leaves Rates Unchanged, Sounds Hawkish Note on March
31.1.2024
Bitcoin investors have mostly been focused on spot ETFs and the upcoming halving, but central bank monetary policy is also likely to play a sizable role in the 2024 price outlook
Markets Overly Confident Regarding Fed Rate Cuts, Risk Assets Could Decline: JPMorgan
31.1.2024
The U.S. Federal Reserve’s potential policy easing through interest rate cuts this year may not unfold as quickly and decisively as financial markets currently anticipate, according to JPMorgan Asset Management’s note published earlier this month. The asset manager remarked that essential...
Markets 'Too Optimistic' About Fed Rate Cuts: JPMorgan Asset Management
31.1.2024
"The market may be too optimistic as we see limited evidence of disinflation in certain areas that are a focus for the Fed," strategists said, explaining a potential for a decline in risk assets
US Sanctions on Russia Similar to Planting a ‘Bomb Under the Dollar,’ Says Russian Analyst
30.1.2024
The United States’ sanctions against Russia are undermining confidence in the U.S. dollar and may force other countries to ditch the currency, a Russian financial analyst has said. The analyst said contrary to the West expectations, the sanctions against Russia have failed to destroy...
Atlantic Council: Belief That Dollar Does Not Need to Innovate Is a ‘Miscalculation’
29.1.2024
The U.S. Federal Reserve is lagging behind its peers like the Bank of China in terms of the resources and manpower dedicated to developing a central bank digital currency. According to a blog post, the belief that the dollar does not need to innovate is a miscalculation. An expert argued that...
Congressman Rand Paul Reintroduces ‘Audit the Fed’ Bill
29.1.2024
Congressman Rand Paul reintroduced the Federal Reserve Transparency Act, also known as the “Audit the Fed” Bill, as a standalone piece of regulation into the U.S. Senate. The bill seeks to take the lid off what Paul considers to be the “entirely unknown inner workings”...
Ripple Receives Permission to File Sur-Reply to Correct ‘Factual Mischaracterization’ by the SEC
26.1.2024
Source: AdobeStock Defense attorney and former federal prosecutor James K. Filan has revealed that Judge Sarah Netburn has granted Ripple blockchain’s request for a sur-reply. Sharing the development on X (formerly Twitter), Filan announced that the motion to file a “sur-reply has been...
Amid Rising ‘National Divorce’ Talks, Exploring the Potential Impact on US Dollar in Hypothetical Second Civil War
26.1.2024
In the wake of Texas Governor Greg Abbott’s latest declaration, emphasizing Texas’ inherent constitutional right to defend itself and pointing to the Biden administration’s lack of enforcement of federal immigration statutes, the rhetoric around a potential “national...
OneCoin Scam Lawyer Faces Decade Behind Bars for $400 Million Laundering
26.1.2024
Mark Scott, a former partner at U.S. law firm Locke Lord, has been sentenced to 10 years in prison for his involvement in Ruja Ignatova’s OneCoin crypto scam worth nearly $400 million. According to Manhattan federal prosecutors, Scott was found guilty of conspiracy to commit money laundering...
SBF-Connected Billionaire Joe Lewis Pleads Guilty to Insider Trading Charges
25.1.2024
Billionaire Joe Lewis, who has connections to FTX founder Sam Bankman-Fried, pleaded guilty to insider trading charges in Manhattan federal court on Wednesday. Lewis is facing extensive prison time Lewis pleaded guilty to one count of conspiracy to commit securities fraud and two counts...
Canadian Court Declares Freeze on Crypto Donations During ‘Freedom Convoy’ Protests Unconstitutional
25.1.2024
In a judicial rebuke, the Federal Court of Canada ruled that the Trudeau government’s decision to freeze cryptocurrencies during the 2022 “Freedom Convoy” protests was unconstitutional. Trudeau Government’s Emergency Powers Challenged: Court Rules Crypto Freeze Unlawful In a ruling...
Binance’s Zhao Faces US Travel Constraints, UAE Return Postponed
25.1.2024
Binance founder Changpeng “CZ” Zhao’s request to travel from the US to the United Arab Emirates (UAE) for personal reasons has been denied by a US federal judge, a recent court filing has revealed. The request, filed on January 23 and related to the “hospitalization...
ARK CEO Cathie Wood Calls Bitcoin The “Biggest Of All Crypto Ideas”
24.1.2024
Cathie Wood – CEO of tech-focused investment manager ARK Invest – says her conviction in Bitcoin (BTC) remains unshaken despite the asset’s recent “sell the news” market wipeout. Bitcoin climbed for four months in a row after Bitcoin asset manager Grayscale bested crypto-skeptical federal...
“We Squandered a Decade of Opportunities To Do Our Job,” SEC Commisioner Says
24.1.2024
The Commissioner of the United States Securities and Exchange Commission (SEC), Hester Peirce, seemed to express remorse over the federal agency’s handling of spot Bitcoin ETF approvals in a recent interview. Peirce says Ethereum ETF will not follow suit “We squandered a decade...
Canadian Court Rules Government’s Freeze of Protester’s Crypto Donations Unconstitutional
24.1.2024
The Canadian Government’s decision to freeze digital assets and crypto donations toward protesting truckers in 2022 was deemed unconstitutional by the Canadian Federal Court. The Federal Court ruled against the government’s decision to freeze financial assets including digital assets...
UBS Predicts Gold Prices Will Rise 10% in 2024 Amidst Fed Policy Pivot
24.1.2024
UBS, a financial services company, predicts that 2024 will be fruitful for gold, forecasting a price increase of 10% over current market prices. According to UBS analysts, this price increase will be powered by a pivot in the current policy of the U.S. Federal Reserve, which is projected to start...