Bitcoin has been trading sideways ahead of the Federal Reserve (Fed) FOMC statement. The FOMC projections are also expected to be released following the rate statement. Q4 2021 volumes have gone up or...
Tag: Federal
Federal of US to raise its target funds-what will be the impact on the crypto market?
The Federal Reserve of the United States is likely to raise its target fed funds rate on Wednesday for the first time since the outbreak of the epidemic. CME’s Fed Watch Tool predicts that the US cen...
Federal Reserve’s March Meeting to Conclude Tomorrow
Key Takeaways Fed Chair Jerome Powell said earlier this month that he would push for a 25 basis point interest rate increase in March’s meeting. The Federal Reserve has noted the need for it to remain...
Andreessen Horowitz Hires Former Federal Prosecutor to Lead Crypto Arm
The venture capital firm, known as a16z, has landed former federal prosecutor Michele Korver to coordinate regulatory issues for its crypto team. Korver has over 25 years of experience working for the...
Why the Federal Reserve raises interest rates to combat inflation
The Federal Reserve building in Washington, January 26, 2022. Joshua Roberts | Reuters The Federal Reserve is poised to announce its first interest rate hike since 2018 on Wednesday. The central bank ...
Bitcoin Price (BTC) Sticks To $38k Ahead Of Federal Reserve Rate Hike
Bitcoin held at around $38,000 on Tuesday, with most major cryptocurrencies seeing little movement as caution kicked in ahead of a two-day U.S. Federal Reserve meeting. The central bank is widely expe...
Professor At Wharton Encourages The Federal Reserve To Bite The Bullet As Well As Protect The US Dollar, Warning Against Bitcoin’s Takeover
The Federal Reserve is so far behind the curve that they have a lot of inflation embedded in, and that the Fed will have to increase many more times than the market expects. In response to Federal Res...
Federal Reserve expected to raise interest rates in week ahead
A trader on the NYSE, March 11, 2022. Source: NYSE Investors may take the Federal Reserve’s first post-pandemic interest rate hike in stride, while uncertainty over the Ukraine crisis continues ...
Bitcoin “Inventor” Ordered to Pay Additional $43M by Federal Judge
A federal judge has ruled that self-proclaimed Bitcoin creator Craig Wright must pay an additional $43m to the joint venture he co-founded, on top of the $100m he paid last year. Wright was ordered to...
New Federal Spending Plan Could Effectively Ban Products That Help People Quit Smoking
Woman vaping at home. getty Of the many provisions included in the 2,741 page omnibus spending bill being pushed through Congress this week is a budget rider that will subject thousands of products co...
BitMEX Co-Founder, Samuel Reed, Pleads Guilty in Federal Court
Samuel Reed, 32, the final co-founder of the cryptocurrency exchange, BitMEX, has pleaded guilty on Wednesday. in the District Court of the US in New York’s Southern District for violating the BSA (Ba...
Federal Reserve Collaborates with Cyppherium for Instant Payment Service
The Federal Reserve in the US officially launched the first-ever FedNow Service Provider Showcase on Tuesday that aims to offer financial users and institutions a wide variety of financial services to...
2021-2022 Federal Income Tax Brackets and Rates
The top tax rate is 37%. For 2026, the top rate is set to return to 39.6%. Photo: Illustration: Tammy Lian The tax code currently has seven income-tax brackets for individuals that range from 10% to 3...
Federal Reserve works with China’s blockchain ally for instant payments
The United States Federal Reserve is moving forward with its real-time payment project FedNow Service by starting experimenting with the blockchain infrastructure. On Tuesday, the Fed officially launc...
How the Federal Reserve could cut its near $9 trillion balance sheet as it fights inflation
Slimming down might be the trickiest part after two years of the pandemic. As the Federal Reserve looks to shrink its near $9 trillion balance sheet to help cool U.S. inflation pegged at a 40-year hig...
Federal Reserve Chairman says the war in Ukraine might create higher inflation
Jerome Powell, Federal Reserve Chairman, said the conflict in Ukraine might create a rise in inflation. The central bank expects this setback would diminish price pressures in the coming months. Howev...
Watch Federal Reserve Chair Powell speak live
[The stream is slated to start at 10 a.m. ET. Please refresh the page if you do not see a player above at that time.] Federal Reserve Chairman Jerome Powell speaks Thursday before the U.S. Senate Comm...
Federal Reserve Chair Powell Sees Interest Rate Hike this Month
US Federal Reserve Chairman Jerome Powell announced on Wednesday that the central bank is set to begin raising interest rates this month as part of efforts to combat high inflation, strong economic de...
Federal Reserve Chairman Says Russia-Ukraine Conflict Highlights Need For Crypto Regulation
Jerome Powell – Chairman of the Federal Reserve – recently testified in front of the House Financial Services Committee on the state of the economy, and future monetary policy. Given the various sanc...
Federal Grand Jury in San Diego Indicts BitConnect’s Founder
The US Department of Justice (DOJ) today announced that Satish Kumbhani, the founder of the $2.4 billion crypto scam BitConnect, has been indicted. Q4 2021 volumes have gone up or down and how much? T...
Federal Grand Jury Indicts BitConnect Founder Over Alleged $2.4B Crypto Scheme
In brief The U.S. Department of Justice announced today the indictment of BitConnect founder Satish Kumbhani. The indictment alleges Kumbhani and his co-conspirators obtained approximately $2.4 billio...
What happened to the BitMEX founders in New York federal court?
BitMEX co-founders Arthur Hayes and Benjamin Delo have pleaded guilty to breaking anti-money laundering (AML) regulations in the U.S. Southern District Court of New York. This caps a long-running saga...
The market has adjusted its views of how the Federal Reserve will raise interest rates
The Federal Reserve building is seen before the Federal Reserve board is expected to signal plans to raise interest rates in March as it focuses on fighting inflation in Washington, January 26, 2022. ...
The Federal Reserve’s ‘War On Inflation’ Is More Important For Stocks Than The Russia-Ukraine Conflict
Topline While worries over a Russian invasion of Ukraine, which Western officials say has “already begun,” drag stocks lower in the short-term, markets face a bigger problem on the horizon with the Fe...
Billionaire continues to pour scorn on Federal Reserve and tells the people to buy Bitcoin
Ricardo Salinas Pliego, billionaire, and the third richest man in Mexico, tells people on his Twitter account to keep buying Bitcoin, and scoffs at the cynicism of the Federal Reserve. We are always t...
Restaurant employees given $61,000 after managers caught dipping into tip pool, federal agency says
The U.S. Department of Labor recovered thousands in tips for employees at a New Hampshire restaurant where managers improperly took their own cuts from the employee tip pool, the department’s Wa...
Officials of the Federal Reserve are forbidden from trading crypto
Crypto trading has made many billionaires and millionaires over the past couple of years. As inflation across the world began to rise significantly amid the global COVID-19 pandemic, the entire digita...
Federal Reserve Officials Banned From Trading Crypto and Stocks in New Directive
The Federal Open Market Committee (FOMC) has banned members of the U.S. Federal Reserve from partaking in the crypto and stock markets. In a new press release, the FOMC unanimously adopted a comprehen...
Free-Agent Pitcher Matt Harvey Testifies In Federal Drug Trial, A Long Way From His “Dark Knight” Days
Matt Harvey pitching for the Baltimore Orioles in spring training, 2021. Getty Images The 23-year-old pitcher stood in a Far Rockaway, Queens doorway, the devastation of Hurricane Sandy still visible ...
Will Circle And Tether Reign Supreme? Federal Reserve Predicts Stablecoin Issuer Duopoly
Federal Reserve Governor Lael Brainard, nominated by President Biden to be the Vice Chair of Supervision at the Fed, issued a warning Friday about the rapid growth of stablecoins. Before the 2022 U.S....