2025-12-10 21:51 |
The post Evening digest: Fed rate cut loading, China’s Nvidia chip push, Bitcoin rebound drive market mood appeared first on Invezz
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China is tightening access to Nvidia’s most advanced AI chips even as the US approves exports. Microsoft is making a record $17. 5B bet on India’s AI future, and Australia has imposed an unprecedented nationwide social media ban for teens.
2025-12-10 21:52 | |
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The White House Council of Economic Advisers says banning stablecoin yield would barely increase bank lending, while creating a net welfare loss for consumers.
On Wednesday, the Federal Reserve held the policy rates, while the US wholesale inflation surged. Trump administration also allowed a waiver permitting foreign-flagged vessels to transport fuel between domestic ports to address price pressures and supply disruptions linked to the Iran conflict.
Bitcoin Magazine Kraken Secures Federal Reserve Master Account, Marking First Ever for Crypto Firms Kraken becomes the first crypto-native firm to secure a Federal Reserve master account, gaining direct access to the U.
Crypto.com receives conditional approval from the OCC to charter National Trust Bank, a key step toward offering regulated crypto custody and staking services.
Legislative gridlock in Washington has turned crypto market's 2025 optimism into policy-induced stagnation.
Markets stabilized after the inflation data miss, with Bitcoin bouncing from lows and reclaiming key levels above $69K.
Coinbase stock price continued its freefall this week as the crypto exchange released its financial results. COIN plunged to a low of $141 on Friday, its lowest level since February 2024. It has plunged by 68% from its all-time high.