Trump’s order: US Department of Justice disbanding its cryptocurrency crime team
The U.S. Department of Justice is disbanding the National Cryptocurrency Enforcement Team (NCET) and has ordered prosecutors to narrow the scope of cryptocurrency investigations to focus on drug cartels and terrorist groups, according to a memo.
Inflationary shock: crypto market continues to fall, and the Fed postpones rate cuts
US inflation has once again become an unpleasant surprise for investors: the consumer price index (CPI) came in higher than expected (3% instead of the 2.9% forecast). This instantly changed market expectations, and now the Federal Reserve is likely to postpone the first rate cut until December. This triggered a massive sell-off in assets. Bitcoin…
Trump’s Return to the White House: What to Expect from the Inauguration of the First Pro-Cryptocurrency President of the United States
On January 20, the 47th President of the United States of America — Donald Trump is expected to be inaugurated. His return to the White House caused a wave of discussions in the crypto community, as well as significant price fluctuations. A loyal approach to the regulation of digital assets and potential changes in the […]
Crypto markets are facing hard times due to the Fed’s aggressive policy
Analyst Katarina Sarayeva pointed out that the Federal Reserve System’s (Fed) projections for next year turned out to be more aggressive than anticipated. On December 18, the Fed lowered the federal funds rate for the third time this year by 25 basis points to 4.25-4.5% annually, aligning with most experts’ expectations.
Bitcoin received the status of «digital gold» from the US Treasury
The US Treasury Department has officially recognized bitcoin as “digital gold” in its latest report.
Bitcoin may collapse in September: experts explain the reasons
A 50 basis point (0.5%) interest rate cut by the US Federal Reserve (Fed) during its September 17-18 meeting could have negative consequences for the crypto market, according to 10X Research. According to the company’s analysts, this will potentially lead to increased market anxiety and cause a decline in the price of high-risk assets,…
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