Analysts predict that Bitcoin’s price may hit new all-time highs if US stock futures continue their record highs and the country’s biggest markets approach their peaks. Thursday saw the S&P 500 index touch 6,145 points, exceeding February’s top, while the futures for the index reached new all-time high territory. This
The controversy over U.S. monetary policy has intensified with the Presidency of Donald Trump. He is confirming that he will shortlist three to four likely candidates to replace Jerome Powell as Federal Reserve Chair by the time Powell’s current term expires in May 2026. During a recent media outing at
Federal Reserve Chief Jerome Powell confirmed on Tuesday, June 24th, that no interest rate reductions are due anytime in the near future, indicating a conservative stance by the U.S. central bank. As much as there has been political pressure and economic turmoil, the Fed rate cuts has remained firm with
Bitcoin (BTC) rebounded sharply on Tuesday, climbing 3.86% to reclaim the $105,000 mark after dipping to $98,000 over the weekend. The move followed former U.S. President Donald Trump’s surprise announcement of a ceasefire between Israel and Iran. The de-escalation, dubbed “The 12 Day War,” triggered renewed risk appetite across financial
The crypto sector has long claimed that the US Federal Reserve unjustly targets and debanks crypto enterprises due to its consideration of “reputational risk” in its supervision of banks. However, the Fed has now instructed its supervisors to stop doing so. More than 30 US technology and crypto firms were
After years of confusing policies and mixed messages, the Federal Reserve is finally making a move to clear things up around crypto rules. This being considered as a pivotal point where solid and practical guidelines are set up for the investors to commit with confidence. The regular people get into
Coinbase is challenging a lawsuit filed by Oregon’s Attorney General, arguing that the state is overstepping its authority by attempting to regulate digital assets territory the company believes should be governed by federal agencies. In a new legal move, Coinbase has filed to move the case to federal court, accusing
Bitcoin increased slightly on Saturday after the U.S. Federal Reserve Chair Jerome Powell made a speech but remained silent about the economic direction of the country. BTC recovered from a low of $103,700 and remained above $104,000, with traders now waiting to see a surge towards $105,000. Trump, Tariffs, and
The policymakers of Texas are planning to bring digital currency to the citizens of America by positioning crypto ATMs in federal buildings. A Republican representative of Texas, Lance Gooden, wrote a letter to Stephen Ehikian, acting administrator of the General Services Administration, on May 1, and requested the urgency to
The US Federal Reserve has officially dropped its long-standing guidance that required banks to jump through hoops before offering crypto-related services. Gone are the days when state-chartered banks had to alert the Fed in advance or wait for written approvals to deal in stablecoins or digital assets. In a decisive
