Auto Added by WPeMatico

Biden Signs Executive Order Establishing National Crypto Policy Across 6 Key Priorities

U.S. President Joe Biden has signed a “historic” executive order on crypto assets, establishing “a national policy for digital assets across six key priorities,” the White House stated. The executive…

Continue ReadingBiden Signs Executive Order Establishing National Crypto Policy Across 6 Key Priorities

US Inflation Skyrockets, 64% of Americans Live Paycheck to Paycheck, S&P 500 Chart Shows Death Cross Imminent

Inflation continues to rear its ugly head in the lives of Americans, as 64% of U.S. residents are living paycheck to paycheck. Equities futures indicate Wednesday’s trading sessions may see…

Continue ReadingUS Inflation Skyrockets, 64% of Americans Live Paycheck to Paycheck, S&P 500 Chart Shows Death Cross Imminent

Russian Bitcoin Mining Assessed Amid Conflict With Ukraine, Large ETH Pool Cancels Service to Russia

With the conflict between Russia and Ukraine, many observers are curious about the large quantity of hashrate located in Russia, as the region reportedly controls the third-largest sum of SHA256…

Continue ReadingRussian Bitcoin Mining Assessed Amid Conflict With Ukraine, Large ETH Pool Cancels Service to Russia

US President Biden to Issue Executive Order on Crypto This Week: Report

U.S. President Joe Biden is reportedly expected to issue an executive order on cryptocurrency this week. It will direct a wide range of government agencies to come up with a…

Continue ReadingUS President Biden to Issue Executive Order on Crypto This Week: Report

Switzerland’s Largest Bank UBS Expects US Crypto Legislation to Take Time

Switzerland’s largest bank, UBS, expects the United States Congress to take a long time to pass cryptocurrency legislation despite mounting interest in crypto investments and regulators calling for Congress to…

Continue ReadingSwitzerland’s Largest Bank UBS Expects US Crypto Legislation to Take Time

Global Chip Shortage Looms Over Bitcoin Mining Industry, ASIC Supply Tightens

While Bitcoin’s hashrate has been coasting along above 175 exahash per second (EH/s) and recently reached an all-time high, a global shortage of semiconductor chips could slow the growing industry.…

Continue ReadingGlobal Chip Shortage Looms Over Bitcoin Mining Industry, ASIC Supply Tightens

Biden Administration Preparing to Release Government-Wide Crypto Strategy: Report

The Biden administration is reportedly drafting a government-wide cryptocurrency strategy as an executive order. The directive is expected to be presented to President Joe Biden in the coming weeks. The…

Continue ReadingBiden Administration Preparing to Release Government-Wide Crypto Strategy: Report

Joe Biden Claims Inflationary Pressure ‘Rests With the Federal Reserve,’ Praises the Fed’s ‘Extraordinary Support’ 

On Wednesday, U.S. president Joe Biden explained that the country’s central bank was dealing with a large share of the inflationary pressures the American economy is dealing with today. Biden…

Continue ReadingJoe Biden Claims Inflationary Pressure ‘Rests With the Federal Reserve,’ Praises the Fed’s ‘Extraordinary Support’