US regulators are exploring policy for banks to handle crypto, says FDIC chair
“Establishing clear regulatory expectations will be paramount to give this market an opportunity to grow and mature in a responsible manner,” said Jelena McWilliams.
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Beijing Presses Fast-Food Chain McDonald’s to Support Digital Yuan — China’s CBDC Expected to Launch in February
According to a recent report, Beijing is pressing the fast-food retail chain McDonald’s to support the digital yuan before the Winter Olympics in China scheduled for February 2022. The report…
All-time highs next? Bitcoin holds $62K as the Dollar index tumbles to 3-week lows
The U.S. dollar index reached its lowest levels in three weeks on Tuesday, triggering the Rising Wedge pattern.
CME Bitcoin futures open interest hits 8-month high, greater than when BTC price was at $65K
Open Interest surged to $3.22 billion Thursday to levels not seen since February.
St. Louis Fed’s James Bullard Would ‘Support Starting the Taper in November’ to React to Inflation
St. Louis Federal Reserve president James Bullard told the press on Tuesday that he thinks the U.S. central bank needs to wind down the buying of $80 billion worth of…
US Inflation Expectations Highest Since 2013, Gas Prices Skyrocket, Supply Chains Buckle
Americans are still concerned about dealing with inflation, as the cost of goods and services has continued to rise significantly in a short period of time. The Federal Reserve has…
Financial Watchdogs Welcome SEC Investigation into Insider Trading at the Fed
Better Markets, a non-profit independent organization promoting public interest in financial markets, has reported that it would welcome any action by the SEC investigating insider trading at the Fed. On…
Gold Spikes on US Debt Fears — Finance Portal Disowns End-of-Year Gold Price Prediction
While the price of bitcoin has surged during the first few days of October, the price of the precious metal gold has also increased percentage-wise as the U.S. dollar and…
Biden Admin weighing bank-like regulation for stablecoin issuers
The United States government appears keen to tame the rapidly growing stablecoin market, according to reports.
3 factors that can send Ethereum price to 100% gains in Q4
The three bullish indicators converge as Ethereum's native token Ether climbs over 9% Friday to cross $3,000, its psychological resistance level.