Jerome Powell, the head of the Federal Reserve, recently criticized the Trump administration following the opening of a criminal case against the Federal Reserve concerning the headquarters’ renovation project. According to Powell, the criminal case is a result of political retribution following the refusal by the Federal Reserve to reduce
The US Federal Reserve is less likely to cut rates in its Jan 27-28 meeting. This has triggered anticipation around the possibility for the crypto market to sustain decent gains. Coming as an additional factor is the recently announced unemployment data, wherein a slight drop balanced against job growth has
The US Federal Reserve has cut lending rates, signaling that two more cuts could happen by the end of the year. Rate cuts have come amid a softening job market, rising inflation, and political pressure. BTC price and ETH price surged in the last 24 hours, hinting that earlier corrections
The US Federal Reserve is expected to cut rates three times this year, that is, in 2025. All three rate cuts may reportedly happen in the next three Fed meetings. Rate cuts have triggered expectations for crypto prices to rise further by the year-end. US inflation and the labor market
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
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
The Senator of the United States, Elizabeth Warren, has warned that the announcement of Donald Trump to terminate Federal Reserve Chair Jerome Powell, could cause a crash in the financial markets of the state. Powell faced severe criticism from Trump, along with the accusation of being politically biased. Mr. President
The web3 community has been meeting at a multitude of events this month. As the sector buzzes with activity, regulatory actions have also remained on the upside similar to March. However, prices continue to resist the snag they hit since the Tariff commotion. Notably, in the last 24 hours, the
The U.S. Federal Reserve kept the interest rates unchanged on Wednesday, maintaining the benchmark lending rate within the range of 4.25% to 4.50%. Fed Chair Jerome Powell underlined that the policymakers are in no rush to lower rates. Besides, he stated that any adjustments would depend on further improvements in
