The Bank of Japan (BOJ) raises its interest rates by 25 bps to 0.75%, the highest level in about 30 years. The BOJ signaled its readiness for further hikes next year. It causes Bitcoin to waver, currently rising amid volatility in the Yen and the US Dollar. Bank of Japan (BOJ) Delivers Second Rate Hike The post BOJ Hikes Interest ...
Coinbase Global, the largest cryptocurrency exchange in the United States, has filed lawsuits against three US States- Michigan, Illinois, and Connecticut. The platform is challenging these states’ attempt to regulate prediction markets. Notably, the move comes hot on the heels of Coinbase’s launch of prediction markets, in collaboration with Kalshi, as part of its efforts The post Coinbase Challenges US ...
Veteran trader Peter Brandt turned bearish on XRP price, moving away from his recent long-term bullish prediction. He predicts XRP price could crash towards $1 if bulls fail to negate a bearish pattern. XRP Price Prediction by Peter Brandt Peter Brandt shared a weekly chart and highlighted a double-top pattern formation. He warned the crypto The post XRP Price Could ...
World Liberty has launched a new proposal to use some of the project’s treasury holdings to boost the supply of USD1. The decision would be finalized through a community vote by investors. World Liberty Proposes Treasury Incentives to Scale USD1 WLFI’s team has proposed a new plan to boost the use of their USD-pegged stablecoin. The post USD1 Gets Major ...
Ethereum price is trading below $3,000 after failing to sustain a short-lived recovery. The market remains cautious as ETH consolidates within a narrow range. Bulls are looking at breaking out of the market at a high of above $3,050, which can indicate the market will move upwards. Nevertheless, when the whale wallets start selling off, The post Ethereum Price Outlook ...
President Trump is set to conduct an interview with Christopher Waller for the next Fed Chair. This happens even though he has already shown interest in two other candidates, Kevin Hassett and Kevin Warsh, for the job. Fed Chair Shortlist Expands with Waller Addition The Wall Street Journal reported that the president will interview Federal The post Fed Chair Drama ...
There’s a year-end rush in all aspects of life. Businesses try to run up profits in December. Supervisors want to finish employee reviews. Professors must grade exams. Congress is no different. There’s always a race to the finish line in December on Capitol Hill. This year’s adventure is health care. But it’s a practical impossibility that Congress can actually make ...
President Donald Trump on Tuesday ordered a total blockade of oil tankers entering or leaving Venezuela, declaring the Nicolás Maduro regime a foreign terrorist organization and accusing it of using stolen U.S. assets to finance terrorism, trafficking and other criminal activity. ‘Venezuela is completely surrounded by the largest Armada ever assembled in the History of South America,’ Trump said on ...
The U.S. Senate has confirmed that proceedings on the crypto market structure bill will continue next year. This comes despite calls that the bill will be finalized before 2026. Senate Puts Crypto Market Structure Bill on Hold for Next Year According to reports, the United States Senate Banking Committee has stated that it will not The post U.S. Senate Hits ...
Nasdaq has shared its intentions of enabling continuous trading at the US stock market. This follows an increased need for trading outside of the conventional trading hours provided by Wall Street. Nasdaq Adopts Model for Continuous Trading The exchange has submitted official paperwork to the SEC that would make it possible for stocks to trade almost The post Wall Street Never ...
The crypto market may find support after the recent selling pressure despite the cut in interest rates by the Fed last week. Experts shared some major events that could influence global markets. This includes US CPI data, Jobless claims, and a major interest rate decision of the Bank of Japan Crypto Market Eases as Trading The post Crypto Market Eyes ...
The New York Times has accused President Trump and his family of having financially benefited from the settled crypto cases since the beginning of his administration. They linked some of them to political donations or business links. NYT Report Links Trump to Crypto Case Reversals An investigation by the New York Times found numerous crypto The post President Trump Allegedly ...