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Markets

Meme Coins and Macro: U.S. Credit Card Holders Most Stressed Since 2012

The percentage of credit card loans outstanding for over 90 days has increased to the highest since 2012, a signal that speculative activity may ease off.

By Omkar GodboleJun 19, 2024

Meme Coins and Macro: U.S. Credit Card Holders Most Stressed Since 2012

Policy

FTX Victims View Bankruptcy Process as 'Second Act of Theft,' File to Recover $8B in Forfeited Assets

Attorneys for the victims said the bankruptcy process has left FTX customers feeling "aggrieved and robbed."

By Amitoj SinghJun 18, 2024

FTX Victims View Bankruptcy Process as 'Second Act of Theft,' File to Recover $8B in Forfeited Assets

Policy

White House Expected to Nominate CFTC Commissioners to FDIC, Treasury Roles: Reports

CFTC Commissioners Christy Goldsmith Romero and Kristin Johnson are reportedly set to be nominated to key roles.

By Camomile ShumbaJun 13, 2024

White House Expected to Nominate CFTC Commissioners to FDIC, Treasury Roles: Reports

Markets

Fed Should Cut Interest Rate as Restrictive Stance Adds to Inflation, Democrats Say

Elevated interest rates aimed at taming inflation have become a part of the problem, three Democrat senators said.

By Omkar GodboleJun 11, 2024

Fed Should Cut Interest Rate as Restrictive Stance Adds to Inflation, Democrats Say

Policy

U.S. Crypto Regulations Are Moving Against a CBDC and Non-Compliant Stablecoins Like Tether: JPMorgan

Out of four recent crypto regulatory initiatives, the stablecoin bill has the highest chance of being passed before the U.S. presidential election, the report said.

By Will CannyJun 6, 2024

U.S. Crypto Regulations Are Moving Against a CBDC and Non-Compliant Stablecoins Like Tether: JPMorgan

Policy

MicroStrategy Founder Michael Saylor Agrees to $40M Settlement in D.C. Income Tax Case

The District of Columbia sued Saylor in 2022 for allegedly not paying income taxes while living in the district.

By Sheldon RebackJun 3, 2024

MicroStrategy Founder Michael Saylor Agrees to $40M Settlement in D.C. Income Tax Case

Policy

Biden Order to Halt China-Tied Bitcoin Mine Beside Nuke Base Came as U.S. Firm Just Bought it

President Biden's emergency order to halt the Chinese-tied mining on the doorstep of a nuclear-missile base hit days after mining giant CleanSpark struck a deal to buy the property.

By Jesse Hamilton, Aoyon AshrafMay 16, 2024

Biden Order to Halt China-Tied Bitcoin Mine Beside Nuke Base Came as U.S. Firm Just Bought it

Finance

Stablecoin Issuer Circle Files to Shift Legal Home to U.S. From Ireland Ahead of Planned IPO: Bloomberg

Circle recently filed court paperwork to make the move, according to a company spokesperson.

By Jamie CrawleyMay 15, 2024

Stablecoin Issuer Circle Files to Shift Legal Home to U.S. From Ireland Ahead of Planned IPO: Bloomberg

Markets

Bitcoin Market Activity Suggests Looming U.S. Inflation Data May Be Non-Event

The way bitcoin options are priced suggests Wednesday's CPI report, though pivotal, may do little to disturb the calm in the crypto market.

By Omkar GodboleMay 14, 2024

Bitcoin Market Activity Suggests Looming U.S. Inflation Data May Be Non-Event

Markets

Bitcoin's Price Recovery Faces Nonfarm Payrolls Test

Bitcoin held steady as the dollar index nursed losses ahead of a U.S. jobs report that is expected to show the unemployment rate remained below 4% for the 27th straight month.

By Omkar GodboleMay 3, 2024

Bitcoin's Price Recovery Faces Nonfarm Payrolls Test

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