Crypto News

Inflation in Check? Fed Cuts Interest Rates for First Time in Four Years

The Federal Reserve cut interest rates for the first time in four years Wednesday, signaling the start of its easing campaign.Source link

Fed Cuts Interest Rates by 50 Basis Points, Bitcoin Briefly Hits $61K

Market participants were uncertain about the size of rate cut prior to the Fed meeting, laying the groundwork for volatility on the markets.Source link

Barron Trump Is a Time Traveling Crypto Degen, Says Jan 6. Organizer

The “mystique” around Donald Trump's youngest son Barron is the stuff of internet mania—but you don’t know the half of it, says David Stockman.Source link

BitGo Takes On Coinbase and Tether With USDS Stablecoin Launch

Crypto custodian BitGo just launched a new stablecoin, USDS. Will it find a place in a crowded market dominated by Tether and USDC?Source link

SEC’s Crypto Record Rebuked by Ex-Commissioner, GOP Lawmakers in Hearing

The U.S. Securities and Exchange Commission was hammered for two hours in a congressional hearing on Wednesday in which the witness list predominantly included agency critics, including former Commissioner Daniel Gallagher, who is now at Robinhood.Source link