Even though most adults today have lived all their lives within the floating fiat monetary system that emerged, accidentally, in August 1971, many today still probably find it rather strange that we s...
Tag: Federal
Bitcoin slips below $18,000 as Federal Reserve raises interest rates by 50 basis points
The U.S. Federal Reserve raised the federal funds rate by 50 basis points, increasing it to a range of 4.25% to 4.5%, the highest since 2007. Today’s interest rate decision was largely exp...
Bitcoin Falls Below $18k After Federal Reserves Announces 50bps Rate Hike
Bitcoin saw more volatility on Wednesday following a Federal Open Markets Committee meeting, during which the U.S. central bank agreed to raise its benchmark interest rate by 0.5%. The announcement, w...
FTX Co-Founder Indicted by Federal Grand Jury in Manhattan, Bahamian Magistrate Denies SBF’s Bail – Bitcoin News
On Dec. 13, 2022, the Southern District of New York (SDNY) prosecutor’s office and SDNY attorney Damian Williams revealed that the FTX co-founder Sam Bankman-Fried has been indicted for “fraud, money ...
New York regulator and BitLicense proponent gets seat on federal counsel of agency leaders
Adrienne Harris, the leader of New York’s state banking and financial regulatory agency that oversees the state’s BitLicense, has been named to a non-voting seat on the Financial Stability...
Federal judge orders CFTC to serve Ooki DAO founders
A federal judge ordered the Commodities Future Trading Commission (CFTC) to serve the decentralized trading platform bZeroX’s founders Tom Bean and Kyle Kistner as part of an ongoing lawsuit aga...
Changpeng Zhao and Binance Under Federal Investigation for Potential Money Laundering Violations: Report
U.S. Department of Justice (DOJ) prosecutors are reportedly divided over whether or not to file money laundering charges against the world’s largest crypto exchange and its CEO. According to a new Reu...
Dow Jones Futures: Inflation Report, Federal Reserve Are Big Tests For Market Rally
Dow Jones futures will open Sunday evening, along with S&P 500 futures and Nasdaq futures, with attention squarely on the CPI inflation report and the Federal Reserve. X The stock market rally ret...
Credit Market Investors are Watching for a Federal Reserve Pivot
(Bloomberg) — Credit market watchers are looking ahead to next week’s Federal Open Market Committee meeting where Federal Reserve Chair Jerome Powell is expected to announce a 50 basis-point hik...
In A Reverse Course, Yasiel Puig Plans To Plead Not Guilty In Federal Illegal Gambling Case
Yasiel Puig, when he was a member of the Dodgers in 2017. Associated Press Yasiel Puig made an appearance at the recently-concluded Major League Baseball winter meetings in San Diego, the Cuban-born f...
Market Rally Awaits CPI Inflation Report, Federal Reserve After Ugly Week; Here’s What To Do
Dow Jones futures will open Sunday evening, along with S&P 500 futures and Nasdaq futures, with attention squarely on the CPI inflation report and the Federal Reserve. X The stock market rally ret...
US lawmakers question federal regulators on banks’ ties to crypto firms
Two members of the United States Senate have called on the heads of federal financial regulators to address “ties between the banking industry and cryptocurrency firms” in the wake of FTX’s collapse. ...
FTX CEO, Lawyers Meeting Federal Prosecutors In New York
FTX Latest News: According to reports, FTX new CEO John Ray had along with bankruptcy lawyers met with Manhattan federal prosecutors investigating the FTX collapse. The prosecutors are also looking in...
Legislators propose federal reports of gas emissions for crypto miners
Three U.S. lawmakers introduced a bill that would ask the Environmental Protection Agency to study crypto mining activity and require that miners that use more than 5 megawatts of power submit informa...
Federal Trade Commission Sues Microsoft To Block $69 Billion Activision Purchase
Topline The Federal Trade Commission filed a lawsuit against Microsoft on Thursday to block its $69 billion acquisition of video game giant Activision Blizzard, arguing the company could stifle compet...
Federal Judge Dismisses Kim Kardashian’s Crypto Promotion Lawsuit
A federal judge dropped the crypto scam lawsuit against the American media personality and businesswoman – Kim Kardashian. Numerous investors of EthereumMax (EMAX) started a legal battle against the f...
Bitcoin Pioneer Ian Freeman Accused by Federal Prosecutors
Recently, Federal prosecutors said Ian Freeman, an early Bitcoin pioneer, helped scammers and some other criminals launder more than $10 Million by Bitcoin. Also, a group was associated with him in th...
The Federal Reserve Is Deflating Financial Bubbles, Without a Crash
(Bloomberg) — The Federal Reserve hasn’t had much success so far in wrestling down sky-high inflation, but its monetary tightening campaign is having a major impact in deflating asset bubbles th...
Federal Prosecutors Probe FTX Founder’s Role In UST Collapse
While the crypto market still hasn’t fully digested the insolvency of FTX, U.S. federal prosecutors are investigating whether FTX founder Sam Bankman-Fried played a role in the collapse of TerraUSD (U...
Founder of FTX Sam Bankman-Fried faces Federal inquiry
The life and times for the founder of FTX, Sam Bankman-Fried, are only getting more complicated and confusing as presently he is seemingly facing a Federal-enquiry, which the Federal authorities have ...
Musk’s Neuralink Link Under Federal Investigation Over Alleged Animal Welfare Abuses, Report Says
Topline Elon Musk’s Neuralink—which promises to enable a direct interface between the human brain and computers—is being investigated by the federal government for alleged violation of the Animal Welf...
Carole House Advised the President on a Coordinated Federal Approach to Crypto – Most Influential 2022
Of course, in December 2022 the industry is in a very different place than it was in March, marked by failures, bankruptcies and millions of dollars worth of crypto likely lost by investors. The succe...
US Federal Court Is Viewing Bitcoin As A Commodity Rather Than A Crypto Asset
Although bitcoin is a cryptocurrency, most of the crypto regulators consider bitcoin as a commodity. Bitcoin and Ethereum showed a growth rate in this week’s crypto market. Dogecoin recovered 70% in t...
Federal Reserve chairman announces rate hike moderation
Federal Reserve chairman Jerome Powell said that “it makes sense to moderate the pace of our rate increases” since the economy is approaching “the level of restraint that will be sufficient to bring i...
Federal Judge Sanctions Kari Lake For Challenging Arizona’s Voting Procedures
Topline A federal judge granted a Maricopa County, Arizona, motion for sanctions against Republican gubernatorial candidate Kari Lake Thursday, meaning she will have to pay a fine one week after filin...
Jerome Powell Says Federal Reserve’s Rate Hikes Could Slow As Soon As December
Topline Stocks jumped Wednesday afternoon after Federal Reserve chair Jerome Powell indicated a reprieve from the Fed’s most aggressive interest rate hikes in four decades is on the horizon as soon as...
ETH Back Above $1,200, as Federal Reserve Set to Pivot Policy – Market Updates Bitcoin News
Ethereum moved back above $1,200 on Thursday, as markets continued to react to the latest Federal Open Market Committee (FOMC) minutes. Yesterday’s report hinted that the U.S. Federal Reserve could pi...
Federal Reserve Bank President Says ‘Entire Notion of Crypto Is Nonsense’ – Coinotizia
The president of the Federal Reserve Bank of Minneapolis, Neel Kashkari, says crypto exchange FTX isn’t “one fraudulent company in a serious industry.” Stating that the “Entire notion of crypto is non...
Federal Reserve Bank President Says ‘Entire Notion of Crypto Is Nonsense’ – Regulation Bitcoin News
The president of the Federal Reserve Bank of Minneapolis, Neel Kashkari, says crypto exchange FTX isn’t “one fraudulent company in a serious industry.” Stating that the “Entire notion of crypto is non...
US Banks Are Teaming Up To Explore The Possibilities Of A Digital Dollar With The Federal Reserve ⋆ ZyCrypto
Advertisement     Several U.S. banking institutions are working on a Proof-of-Concept digital money platform that could morph into a CBDC. The financial institutions a...
US Federal Reserve Chair Comment Caused the Market Price to Surge
Stock market investors are closely watching what Federal Reserve officials say about economic policies, interest rates, and inflation. Official announcements have an impact on stock valuations and cor...