The Federal Reserve Jerome Powell speech began with the Fed deliberately pausing to cut rates, which went against President Donald Trump’s demand to cut them. Trump is going to pin 100% of the blame for the market crash on Powell and then have the long knives brought out. Get ready. “The economy is strong; inflation
“I do think it would be helpful if there were a greater regulatory apparatus around crypto,” the US central bank chair said at the Federal Open Market Committee press conference on Jan. 29. He added that it is something Congress and the Fed have been “working on quite a lot.” “We’ve actually spent a lot of
The SEC has acknowledged Canary Capital’s Litecoin ETF filing. This could lead to the first altcoin ETF outside of Bitcoin and Ether being approved in 2025. The U.S. Securities and Exchange Commission, under Acting Chairman Mark Uyeda, has acknowledged on Jan. 29 the Litecoin (LTC) ETF filed by Canary Capital. Bloomberg ETF analyst James Seyffart
Key Takeaways The Fed maintained rates at 4.25%-4.50%, with Powell avoiding commitments on future cuts while removing prior language on inflation progress. Bitcoin declined 1% following the Fed’s announcement but remains above $100K, currently trading just below $102K. Share this article The Federal Reserve maintained interest rates between 4.25% and 4.50% on Wednesday, while removing
The heated lawsuit between Ripple Labs and the US Securities and Exchange Commission (SEC) has suddenly disappeared from the SEC website. The case that started in December 2020 has no remaining references on the SEC website. This has led the crypto community to believe that after the Trump Administration and the new SEC leadership came
TL;DR Pi Network reminded its community to stay vigilant by relying solely on official communication channels to ensure maximum protection. Despite millions completing KYC procedures, some users remain stuck in the process. Pi Network urged them to take additional liveness checks and sign token acknowledgments to avoid delays in migrating to the long-awaited open mainnet.
Boasting a 1300% increase in its price, the SUI token is one of the most talked about crypto assets of 2024. Sui (SUI) is a layer-1 blockchain that aims to onboard the next billion users in Web3. The blockchain claims to be a ‘Scalable infrastructure that’s fast, secure, and affordable’ In this article, we’ll learn
Key Takeaways Bitcoin remains above $100,000 ahead of the FOMC meeting. Fears of hawkish comments from Fed Chair Powell fuel caution, with broader markets showing pre-meeting volatility. Share this article Bitcoin is holding tightly to the $100K mark as traders brace for tomorrow’s Federal Open Market Committee (FOMC) meeting. After a 3% correction during Tuesday
The problem is that no matter how bullish Chainlink ($LINK) news or crumbs are, nothing happens to the price. Chainlink has dealt with 7+ years of their community fudding their own bags for fun. What other community did that to themselves? It’s no wonder people on Reddit still have no idea what Chainlink does. That
Bitcoin’s adventure below $100,000 didn’t last long as the asset reclaimed that level in the past 12 hours and even spiked to over $103,000 earlier today. The altcoins have also recovered from the Monday morning crash, with some, such as XRP, DOGE, and ADA, posting notable gains. BTC Eyes $103K Recall the highly fluctuating price