Federal prosecutors say eight people have been sentenced for their roles in a multi-year scheme that defrauded U.S. COVID-19 relief programs of …
Feds
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Finance
The Fed’s PCE Data Used to Measure Inflation Has Been Released! Here’s Bitcoin’s (BTC) First Reaction!
by shayaanby shayaanLeading cryptocurrency Bitcoin (BTC) has been trading within a certain range after breaking a new record by exceeding $124,000 in mid-August. While …
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Finance
David Rubenstein, Worth $2.8 Billion, Reveals His Prediction for the Fed’s Decision in September
by shayaanby shayaanCarlyle Group Co-Chairman and Co-Founder David Rubenstein announced that he expects the Fed to cut interest rates by 25 basis points in …
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Finance
The Fed’s Liquidity Cushion Is Vanishing — What Happens When the Tank Runs Dry?
by shayaanby shayaanThe Federal Reserve’s Reverse Repo Facility (RRP) dropped to its lowest level in 1,596 days, suggesting a crack in the liquidity backbone …
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Smart Contracts
Bitcoin Options Traders Split Ahead of Fed’s Jackson Hole Meeting
by shayaanby shayaanIn short Data from options indicate that Bitcoin traders are split, with almost equal bullish and bearish block transactions. Experts suggest that …
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In brief Fed Vice Chair for Supervision Michelle Bowman said staff should be allowed to hold small amounts of crypto to gain …
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Michael Saylor, executive chairman at business intelligence firm Strategy, claims that the road is now “clear” for Bitcoin and the banking sector …
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This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. Last week’s macro super bowl, as we called …
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Regulation
Anti-CBDC bill could curb Fed’s power over digital dollar, sponsor says
by shayaanby shayaanRepresentative Tom Emmer, the sponsor of the US House’s Anti-CBDC Surveillance State Act, said the bill, if passed, would significantly limit the …
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Ripple (XRP) continues to make big moves. At this point, Ripple has applied for a national bank license in the United States, …