Ethereum rally stalls at $3.8K — Is SEC ETH ETF decision already priced in?
ETH price gained 25% off mere rumors, but Ethereum derivatives data suggests that Ether could see even more upside. Go to Source
Biden
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US Senate overturns SEC’s anti-crypto resolution, but will Biden veto? Law Decoded
The U.S. president remains the last barrier to recalling the problematic anti-crypto resolution by the SEC. Go to Source
Biden orders removal of Chinese-owned crypto miner near missile base
Entities owned by Chinese nationals “might take action that threatens to impair the national security of the United States,” said President Biden. Go to Source
Swing State Voters Highlight Cryptocurrency as a Key Issue for 2024 Elections, Survey Finds
A recent survey conducted by The Harris Poll and commissioned by Digital Currency Group (DCG) reveals that cryptocurrency is emerging as a critical issue among voters in key swing states. Over 20% of respondents from states like Michigan, Ohio, and Pennsylvania demand more discourse on digital assets from political candidates ahead of the 2024 elections. … Read more
Ripple Labs chair slams Biden, Gensler for having ‘screwed up’ on crypto
Ripple Labs chair Chris Larsen commented on the recent cases involving Ripple, Grayscale, and the SEC, arguing it is time for Congress to take the lead on crypto policy. Go to Source
7 presidential candidates have dropped clues about their crypto stance
There are currently many from the Democratic and Republican parties bidding for the job of president. Here’s what they’ve said about crypto. Go to Source Powered by WPeMatico
Biden Appoints New Fed Vice Chair as Fedwatch Tool Shows Slim Chance of Rate Hike at June Meeting
Investors believe it is highly likely that the target rate will remain unchanged at the June 14 Federal Open Market Committee (FOMC) meeting, following the U.S. Federal Reserve’s decision to increase the federal funds rate by 25 basis points on May 3. As the battle against inflation in the U.S. rages on, the Biden administration … Read more
Louisiana Senator Compares Modern Banks to ‘Sophisticated Ponzi Schemes’
Louisiana Republican senator John Kennedy recently stated in an interview published on Wednesday that the U.S. Federal Reserve may need to increase the federal funds rate to 8-10% to address the country’s inflationary pressures. Kennedy’s remarks come after he criticized the Biden administration in mid-March for bailing out Silicon Valley Bank and Signature Bank, emphasizing … Read more
White House advisors renew push for 30% digital mining energy tax
The May 2 blog post by the White House’s Council of Economic Advisers (CEA) has already attracted strong criticism from the community. Go to Source Powered by WPeMatico
Former US President Donald Trump States China Is ‘Trying to Replace the Dollar as Number One Currency’
Former U.S. President Donald Trump has acknowledged the push that China is making to dethrone the dollar as a reserve currency. In a post published on Truth Social, Trump stated that if this comes to happen, it would be the biggest defeat in the history of the U.S. in the last 200 years. Donald Trump … Read more
