2024-7-30 17:29 |
Investors await significant cues from Federal Reserve's meeting slated for this week origin »
2024-7-30 17:29 |
Investors await significant cues from Federal Reserve's meeting slated for this week origin »
Bitcoin is facing significant headwinds as the US Federal Reserve maintains a stringent approach to controlling inflation. On Tuesday, July 2, Federal Reserve Chairman Jerome Powell conveyed cautious optimism about recent inflation data but reiterated the need for sustained improvement before considering rate cuts.
2024-7-4 02:30 | |
In a landmark case highlighting the perils of unchecked cryptocurrency investments, Rashawn Russell, a former investment banker, has been sentenced to 41 months in federal prison. The Eastern New York District Court handed down the sentence after Russell pleaded guilty to wire fraud and identity theft, marking a significant crackdown on digital asset fraud. Related […]
2024-6-1 21:00 | |
Quick Take Analyzing recent data from the Federal Reserve Economic Data (FRED), we observe significant trends in the Federal Reserve’s balance sheet and the M2 money supply. The Federal Reserve’s balance sheet has been gradually declining (quantitative tightening), now standing at $7.
2024-6-1 18:50 | |
Nigeria’s federal government refuted claims from Binance CEO Richard Teng, accusing officials of demanding a “significant payment” to resolve ongoing disputes.
2024-5-8 20:15 | |
Fintech giant Block is under scrutiny by federal prosecutors from the Southern District of New York following allegations of significant compliance failures involving its main business units — Square and Cash App, NBC News reported on May 1.
2024-5-2 01:50 | |
In a significant development for the cryptocurrency industry, the trial of Avraham Eisenberg, the accused perpetrator of the $100 million Mango Markets exploit, has commenced in a New York federal court.
2024-4-11 04:00 | |
Quick Take The latest US inflation data has surprised analysts, with headline inflation year-over-year (YoY) coming in at 3. 5% — 0. 1% above forecasts. The development is significant considering the Federal Reserve’s most aggressive hiking cycle in decades, according to Statista, which aimed to tame the rampant inflation that the central bank initially claimed was transitory.
2024-4-11 04:00 | |
In a significant development, federal prosecutors in the United States have charged cryptocurrency exchange KuCoin and two of its founders with violating anti-money laundering (AML) laws. Founders Face DOJ Charges The US Department of Justice (DOJ) unsealed an indictment against KuCoin and its founders, Chun Gan (also known as “Michael”) and Ke Tang (also known […]
2024-3-26 19:19 | |
Federal prosecutors have requested a prison sentence of 40 to 50 years for FTX founder Sam Bankman-Fried (SBF) following his conviction for conducting one of the most significant financial frauds in recent times through the misappropriation of over $8 billion of customer funds.
2024-3-16 23:14 | |
Crypto market is in focus today after the U.S. Bureau of Economic Analysis said core personal consumption expenditures price index was in line with expectations in January (read more). Why is inflation data significant for Meme Moguls? The in-line inflation data this morning is of significant since it may create more room for the Federal […]
2024-2-29 18:40 | |
Bitcoin (BTC) price saw a significant pullback, erasing gains from Monday as investors recalibrated their expectations for the Federal Reserve’s monetary policy following the release of January Consumer Price Index (CPI) data.
2024-2-14 19:19 | |
Neel Kashkari, President of the Federal Reserve Bank of Minneapolis, has cast significant doubt on Bitcoin's value as an inflation hedge
2024-2-7 23:30 | |
In a significant legal development, Mark Scott, a lawyer implicated in the notorious OneCoin cryptocurrency pyramid scheme, has been sentenced to 10 years in federal prison. This follows his conviction for bank fraud and money laundering related to the OneCoin project, which amassed nearly $4 billion between 2014 and 2016.
2024-1-26 13:27 | |
In a twist that signals a potential appeal, Sam Bankman-Fried, known as SBF, the embattled former CEO of FTX, has chosen not to file any post-trial motions. This decision revealed through a letter to Judge Lewis Kaplan on December 1st, marks a significant turn in his legal strategy following his conviction on multiple federal fraud […]
2023-12-6 23:30 | |
Сообщение China and the Federal Reserve are poised to inject trillions into the global economy, prompting traders to brace for significant anticipated price swings in Bitcoin, Ethereum, XRP, and other cryptocurrencies. появились сначала на Coinstelegram.
2023-12-3 22:33 | |
Changpeng Zhao, ex-CEO of Binance, must remain in the U.S. following his guilty plea to anti-money laundering charges, posing significant implications for the crypto industry. The post Former Binance CEO Changpeng Zhao Must Remain in the US, Said Federal Judge appeared first on BeInCrypto.
2023-11-28 23:27 | |
In this week’s preview, we delve into five key events that are poised to shape the Bitcoin and crypto market. From Bitcoin’s price trajectory eyeing the $38,000 mark to the anticipated speech by Federal Reserve Chairman Jerome Powell, each event holds significant potential to influence market dynamics.
2023-11-27 15:00 | |
An apparent increase in demand for safe-haven assets, rising interest in Bitcoin ETFs in the US, and anticipation of a more accommodating position from the Federal Reserve were the purported drivers of the cryptocurrency market’s recovery this year, which led to a significant gain in the value of Bitcoin.
2023-11-17 14:45 | |
Bitcoin (BTC) witnessed a remarkable surge in its price, nearing the $36,000 mark, sending ripples across the cryptocurrency market. While multiple factors contributed to this price rally, one significant driver appears to be the decision by the US Federal Reserve to halt interest rate hikes, albeit with the potential for future increases.
2023-11-2 22:00 | |
Quick Take In accordance with market expectations, the Federal Reserve maintained a steady stance in its recent meeting, holding the federal funds rate constant between 5. 25 and 5. 50. A significant takeaway from this meeting is the indication of the monetary policy’s direction for the near future.
2023-11-2 21:05 | |
Crypto custodial firm BitGo reportedly secured a cryptocurrency custody license from the German Federal Financial Supervisory Authority (BaFin), Financial Magnate reported Nov. 1. The licensing represents a significant milestone for BitGo in Europe and highlights the important role BaFin plays in setting crypto regulation, according to Dejan Maljevic, the managing director of BitGo Europe.
2023-11-2 20:01 | |
Quick Take Bitcoin experienced a significant price moment, reaching the $35,000 mark just before the impending Federal Reserve interest rate decision scheduled for 2 p. m. GMT, causing noticeable turbulence in the crypto market.
2023-11-1 16:43 | |
In a week brimming with anticipation, the Bitcoin and crypto market is poised to witness a series of significant events that could steer the trajectory of digital assets. From pivotal price action in Bitcoin to crucial decisions by the US Federal Reserve (Fed), and from landmark trials to influential crypto conferences, the week is packed […]
2023-10-31 17:00 | |
Federal Reserve chair comments and statements very significant for cryptocurrency market
2023-10-20 11:55 | |
In a pivotal move, the Federal Reserve, during its recent FOMC meeting, chose to maintain interest rates at their current levels. However, the central bank left the door ajar for potential future rate hikes, sparking significant market speculation.
2023-9-22 10:42 | |
Cameron Winklevoss, co-founder of the crypto trading platform Gemini Trust Co, has been interviewed by agents from the Federal Bureau of Investigation (FBI), staff from the Securities and Exchange Commission (SEC), and New York City prosecutors in recent months, according to a source familiar with the matter.
2023-9-8 09:10 | |
The federal appeals court ruling on August 29 had a discernible impact on the Ethereum Classic price, propelling ETC forward in a significant spike during the Tuesday trading session. Conversely, VC Spectra (SPCT) has made a significant advancement, reaching a price of $0.
2023-9-3 16:30 | |
In a recent note that has caught the attention of both traditional financial markets and the Bitcoin community, Goldman Sachs economists, including the renowned Jan Hatzius and David Mericle, have made a significant prediction regarding the Federal Reserve’s monetary policy.
2023-8-14 11:00 | |
In a surprising twist to the ongoing Securities and Exchange Commission (SEC) case against Ripple, U.S. District Judge Jed Rakoff has repudiated a significant aspect of Judge Analisa Torres's ruling
2023-8-1 23:49 | |
In a momentous move, the US House Financial Services Committee has taken a significant step forward in establishing a federal regulatory framework for stablecoins despite the fears of Elon Musk creating his own.
2023-7-28 08:45 | |
The U. S. Federal Reserve’s (Fed) long-awaited instant payment service, FedNow, is set to launch imminently, promising a significant development in the country’s payment system. As reported by Reuters on July 20, with this service, everyday Americans will soon be able to send and receive funds in real-time, 24/7, a revolutionary stride in the U.
2023-7-20 16:40 | |
The US Securities and Exchange Commission (SEC) has taken a significant step towards approving the first-ever Spot Bitcoin Exchange-Traded Fund (ETF) in the country. According to a report by Watcher Guru, the regulatory process for the approval of spot Bitcoin ETFs officially began on Wednesday, after eight applicants were listed in the Federal Register, including […]
2023-7-19 19:12 | |
In recent developments, Binance, the largest cryptocurrency exchange, has faced a series of challenges, including regulatory scrutiny and legal battles, leading to significant cost-cutting measures. As the company undergoes a federal crackdown in the United States, it has decided to reduce its workforce, resulting in layoffs of over 1,000 employees. However, it appears that layoffs […]
2023-7-18 23:00 | |
Quick Take Markets are now virtually certain of a notable 25 basis point rate hike, as recently released U. S. data indicates strong economic performance. The economy’s hot streak is confirmed by a significant surge in job growth, causing an upward shift in yields across the board.
2023-7-6 16:05 | |
In a significant development for XRP investors, federal judge Phyllis J. Hamilton from the United States District Court for the Northern District of California has certified a class of investors in the class-action lawsuit Zakinov vs.
2023-7-5 09:30 | |
The United States Federal Reserve has made a significant announcement regarding the certification of 57 organizations, including financial institutions and service providers, for the highly anticipated launch of the FedNow Service.
2023-7-5 22:00 | |
Federal Reserve Chairman Jerome Powell’s recent acknowledgment of cryptocurrency’s staying power as an asset class in the U. S. economy carries significant implications. Firstly, his statement indirectly suggests that cryptocurrency can potentially serve as a hedge against inflation, given its durability as an asset class.
2023-6-22 10:08 | |
Coinbase’s chief legal officer, Paul Grewal, recently spotlighted the SEC’s apparent evasiveness on crypto regulation-related questions from a federal court. In the uncertain landscape of cryptocurrency regulation, another significant clash has taken center stage.
2023-6-21 15:59 | |
The Federal Reserve's decision caused a significant decline in Ethereum's [ETH] prices. Retail investors showed interest while whales and network growth declined, leaving ETH's recovery uncertaThe post ETH's price reacts to FOMC meeting; will bears stick around? appeared first on AMBCrypto.
2023-6-16 10:30 | |
Ethereum (ETH) Faces Price Decline Amid Investor Evaluation of Federal Reserve’s Hawkish Outlook The value of Ethereum, represented by its native token Ether (ETH), experienced a significant drop of nearly 7% today.
2023-6-15 17:47 | |
The exchanges, targeted by the SEC for violating federal securities laws, have endured a significant wave of user withdrawals but managed to process transactions in an orderly fashion so far.
2023-6-10 00:54 | |
New York’s attorney general, Letitia James, unveiled a comprehensive bill on Friday aimed at putting an end to rampant fraud and dysfunction within the cryptocurrency industry. This move is expected to draw national attention to the multi-billion dollar crypto market, which has so far operated with minimal federal oversight, leading to significant financial losses for […] Сообщение Recent cryptocurrency legislation aims to combat illicit activities and widespread fraudulent practices throughout the United States. появились сначала на Coinstelegram.
2023-5-7 19:30 | |
The Federal Reserve will conclude its two-day meeting on Wednesday. It comes as the US economy faces significant risks, including the collapse of regional banks. These events could be good catalysts for AltSignals (ASI).
2023-5-3 09:18 | |
The first quarter of 2023 saw a significant surge in the prices of major cryptocurrencies such as Bitcoin and Ethereum, putting the crypto market in a pivotal moment. Bitcoin, in particular, almost doubled in value from its late 2022 lows due to the belief that the Federal Reserve could adopt a dovish stance.
2023-4-9 22:37 | |
First Citizens BancShares, the parent company of First Citizens Bank, has made a significant move in the world of banking by agreeing to acquire Silicon Valley Bank (SVB). The Federal Deposit Insurance Corporation (FDIC) confirmed the deal in a statement on Monday, as reported by Bloomberg.
2023-3-27 12:25 | |
The Federal Reserve and other U.S. banking agencies are warning banks that crypto poses significant liquidity dangers, according to a joint statement issued Thursday, further reinforcing their campaign to generally steer lenders away from digital assets.
2023-2-24 19:14 | |
In a significant ruling, a U.S. federal judge has declared that NBA Top Shot non-fungible tokens (NFTs) may be categorized as securities, potentially impacting the NFT industry.
2023-2-22 21:42 | |
There were almost twice as many state actions as federal in 2022, although both the feds and the states broke previous record by significant margins.
2023-2-3 00:30 | |
The Federal Reserve Board has denied Custodia Bank’s application for membership, claiming the crypto-focused institution’s “novel business model and proposed focus on crypto-assets presented significant safety and soundness risks.”
2023-1-28 20:43 | |