David Sacks, President Donald Trump’s crypto and artificial intelligence czar, came under fire this week following allegations that he could financially benefit …
Interest
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Finance
David Sacks Responds to U.S. Crypto Reserve Conflict of Interest Allegations
by shayaanby shayaanPresident Trump’s announcement on Sunday that he plans to establish a federal cryptocurrency reserve sent digital asset markets soaring. However, it also …
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Finance
What Does FED Chairman Jerome Powell’s Speech Mean? Will Interest Rates Remain High?
by shayaanby shayaanThe Fed is in no rush to cut interest rates as officials are encouraged by recent inflation data that shows price pressures …
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Finance
Top FED Members Commented on Bitcoin, Cryptocurrencies and Interest Rates
by shayaanby shayaanIn their latest statements, Fed members Christopher Waller and Austan Goolsbee expressed their views on key economic issues such as stablecoin regulation, …
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Finance
Treasury Secretary Bessent says Trump is “not calling for the Fed to lower interest rates”
by shayaanby shayaanScott Bessent, president Donald Trump’s handpicked Treasury Secretary, put an end to the speculation during a Wednesday interview on Fox Business. The …
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Finance
Important Statements About Interest Rates Came From Senior FED Governor Barkin! “Are Interest Rate Cuts Over or Will They Continue?”
by shayaanby shayaanAs is known, the FED has reduced interest rates for three consecutive months in the interest rate reduction cycle that started in …
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Smart Contracts
XRP Price Falls Following Ledger Downtime as Open Interest Hits Monthly Low
by shayaanby shayaanCrypto – -markets are rattled, but a large active is very hard on Wednesday: XRP. The fourth largest cryptocurrency per market capitalization …
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Markets
UBS Tests ZKSync's Layer-2 Tech, Showing Deeper TradFi Interest in Crypto
by shayaanby shayaanSwiss banking giant UBS said that it completed a proof-of-concept of its UBS Key4 Gold offering on the Ethereum layer-2 network ZKsync. …
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Finance
Journalist Close to the FED Commented on Today’s Interest Rate Decision and Powell’s Speech – What Does It Mean?
by shayaanby shayaanNick Timiraos, a Wall Street Journal reporter who is referred to as the “Fed’s spokesman,” drew attention to the Fed’s current stance, …
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Finance
FED Chairman Jerome Powell Holds Press Conference After Interest Rate Decision – LIVE
by shayaanby shayaanChairman Jerome Powell holds a live press conference after the Fed left interest rates unchanged as expected. Here are the highlights of …