US Administration
SEC and CFTC Issue Vague Crypto Statement, But Lawyers Say Nothing Has Changed
The SEC and CFTC issued a new joint statement on crypto, but prominent crypto lawyers are already calling it a “nothingburger.” While regulators are celebrating the move as a major...
Polymarket Recession Bets Drop to 26% as Traders Dismiss Fed Staff Warning Signals
Prediction market speculators have grown more optimistic about American economic prospects. Polymarket bettors now assign only a 26% probability of recession by the close of 2025. This represents a sharp...
BRCA & CLARITY Acts: Why These Top 8 Crypto Groups Want The Two Bills Merged
In a notable show of unity, eight of the most prominent crypto policy organizations issued a joint statement urging Congress to include the Blockchain Regulatory Certainty Act (BRCA) in the...
Trump Ratchets Up Pressure on Fed for Rate Cuts After May Job Numbers Disappoint
U.S. President Donald Trump criticized Federal Reserve Chair Jerome Powell and the central bank’s interest rate policy on Truth Social today, June 4, 2025. His comments followed a sharply disappointing...
Trump Administration Pressed for Answers on “Ongoing” Operation Chokepoint 2.0
The battle lines are drawn over “Operation Chokepoint 2.0.” Key crypto industry figures are now publicly taking on US Vice President JD Vance, demanding the Donald Trump administration answer for...
Can Trump Fire Powell? Supreme Court Just Gave the Answer
The U.S. Supreme Court on Thursday reassured financial markets and central bankers alike by signaling that the Federal Reserve remains immune to politically motivated personnel changes — even as it...
Will The Fed Cut Rates? Standard Chartered Says Yes, Despite Fiscal Deficit, Stagflation Talk
Senior Investment Strategist at Standard Chartered Bank, Foo Ken Yap, has predicted that the US Federal Reserve will cut interest rates despite expectations to the contrary from various market quarters....
SEC Chairman Paul Atkins: Single New Framework Coming for Crypto and Traditional Securities
SEC Chairman Paul Atkins announced plans to allow registered firms to handle both securities and non-securities, including digital assets, within a single regulatory framework. Speaking at the SEC Speaks conference...
Crypto Market Hold Steady After Reports of US Inflation Declines to 2.3%
According to the Bureau of Labor Statistics, the US inflation declined marginally in April, coming in below the expected value. The headline Consumer Price Index (CPI) rose by 0.2% month-on-month,...
Tokenization Takes Center Stage at SEC’s Latest Crypto Roundtable
The U.S. Securities and Exchange Commission (SEC) continues to deepen its engagement with crypto regulation through its fourth Crypto Task Force roundtable, held today at 1 p.m. ET. This session,...
GENIUS Act Blocked After Senate Democrats Object to Security and Optics
The U.S. Senate’s failure to advance the GENIUS Act drew sharp criticism from Treasury Secretary Scott Bessent. He warned the decision could damage the country’s ability to lead in digital...
OCC Expands Crypto Activities for Banks, Allowing Buy and Sell of Assets
The U.S. Office of the Comptroller of the Currency (OCC) has expanded the role of banks in cryptocurrency-related activities. In a clarification released on Wednesday, OCC stated that national banks...
Texas Eyes State Bitcoin Hoard: SB 21 Bill Takes Major Step Forward
A select committee within the Texas House of Representatives has given its approval to the Strategic Bitcoin Reserve Bill, designated SB 21, advancing this significant legislation a crucial step closer...
Former SSA Chief O’Malley: Social Security Isn’t a Ponzi, But Bitcoin Might Be
In response to criticisms labeling Social Security as a Ponzi scheme, Martin O’Malley, former Social Security Administration (SSA) commissioner, firmly defended the program’s integrity. He emphasized that Social Security has...
Fed’s Crucial Move Ahead: What’s Next for the U.S. Economy and Bitcoin?
The recent economic report showed contradictory indicators within the U.S. economy. Nonfarm payrolls rose by 177K in April, exceeding analyst predictions of 133K, signaling job growth. However, the unemployment rate...
Massive GDP Miss Fuels Recession Fears: Will the Fed Pivot Save Bitcoin?
The U.S. economy stumbled in the first quarter of 2025, missing GDP expectations by a wide margin and sending shockwaves through financial markets. The lower-than-expected figures have reignited fears of...
March PCE Report Shows Mixed Inflation Signals, Casting Doubt on Fed Rate Cuts
Newly released U.S. inflation data from the Personal Consumption Expenditures (PCE) report presents mixed signals for markets and the Federal Reserve. While some figures point to cooling price pressures, others...
Eric Trump Warns Banks Face Extinction in 10 Years Without Crypto Adoption
Eric Trump, the head of the Trump Organization in the United States, the son of the country’s President, has sounded a dire outlook on the future of traditional banking. During...
DOJ Recommends 20-Year Prison Sentence for Celsius Founder Mashinsky
Federal prosecutors have asked a U.S. court to sentence Alex Mashinsky, the founder of Celsius Network, to 20 years in prison. The DOJ claims he orchestrated a massive fraud that...
Arizona Lawmakers Pass Bitcoin Treasury Bills as Budget Deadlock Threatens Veto
Arizona’s push to integrate Bitcoin into its treasury advanced on Monday, as the state’s House of Representatives passed two major pieces of legislation to establish a digital asset reserve. Both...
Fed Rollback, NASDAQ Push, and Bitcoin Demand Point to a Breakout Crypto May
The crypto industry is seeing fresh regulatory momentum this week. Tony Edward, host of the Thinking Crypto Podcast, emphasized the Federal Reserve’s rollback of restrictive policies that once limited banks’...
Saylor Declares Victory as Fed Removes Major Hurdle Between Banks & Bitcoin
Banks in the United States are now free to support Bitcoin, according to Strategy executive chairman Michael Saylor, following a significant policy shift by the U.S. Federal Reserve. The US...
Paul Atkins Sworn in as 34th SEC Chair, Signals Crypto Market Reforms
In a significant regulatory development, Paul S. Atkins has been officially sworn in as the 34th Chairman of the U.S. Securities and Exchange Commission (SEC). A familiar face at the...
Powell Speaks, Stocks Sink: Fed Chair Worried About Trump Tariff Fallout
Federal Reserve Chair Jerome Powell cautioned Wednesday about growing economic uncertainty tied to President Donald Trump’s tariff policies, warning they have hit major U.S. stock indices. Speaking at the Economic...
SEC’s Regulatory Policy Shift: 12 Crypto Cases Dropped This Year
Since the start of this year, the SEC has dropped 12 cases against crypto companies, signaling a shift under Trump’s administration, which began easing crypto regulations. These cases include Coinbase,...
Latest news
